This tournament will take place on May 10th-11th. Refer to the official tweet by DOT:
Polkadot is hosting a Proof-of-Frag community tournament in collaboration with HEROIC, featuring Counter-Strike gameplay and Web3 integration. The event will take place on May 10th-11th.
Polkadot, known for its interoperability and scalability, is venturing into the esports domain with Proof-of-Frag, a community tournament developed in partnership with HEROIC, a renowned esports organization. The tournament will showcase the competitive spirit of Counter-Strike, a popular video game, and incorporate elements of Web3 technology.
The event is set to take place on May 10th-11th, promising an exciting weekend of gaming and camaraderie. As a common good protocol, Polkadot aims to serve the common good and improve the well-being of humanity.
Polkadot's initiative in organizing an esports tournament reflects its commitment to engaging with diverse communities and fostering new forms of entertainment. The tournament is expected to attract a wide viewership and generate buzz within the gaming and blockchain industries.
This event marks another milestone in Polkadot's journey to push the boundaries of blockchain technology and create a more interconnected and inclusive digital world.output: Polkadot is hosting a Proof-of-Frag community tournament in collaboration with HEROIC, featuring Counter-Strike gameplay and Web3 integration. The event will take place on May 10th-11th.
Polkadot is an open-source protocol envisioned by Dr. Gavin Wood, co-founder of Ethereum, intending to advance the blockchain technology by focusing on security, scalability, and innovation. This project seeks to build an infrastructure that supports new concepts while maintaining interoperability, marking the next step in the evolution of blockchain technology.
In Polkadot’s ecosystem, individual blockchains are termed as “parachains” and the main chain is known as the “Relay Chain”. The network promotes constant and smooth information exchange between these parachains and the Relay Chain, thereby offering interoperability. Through Substrate, a platform for building cryptocurrencies and decentralized systems, any developer or entity can create a custom parachain that becomes interoperable with all other parachains once connected to the Polkadot network. Network validators manage the security and validation of data across these parachains, enhancing scalability.
DOT, the native token of Polkadot that bestows governance rights of the entire Polkadot platform to its holders, encompassing network fee determination, voting on network upgrades, and managing parachains. Besides, DOT facilitates network consensus via staking, incentivizing holders to adhere to the rules to avoid losing their stake. Lastly, DOT is used for “bonding” when adding new parachains to the ecosystem, wherein the bonded DOT remains locked during the bonding period and is released after the parachachain is removed from the ecosystem.
