The Polkadot team spent $37,000,000 on marketing campaigns over 6 months. 🙀
🗣 At the current spending rate, Polkadot has funds left for 2 more years – the community criticizes the high project expenditures on PR that doesn't yield results.
Victor Ji, founder of #MantanNetwork , critiques Polkadot also:
▪️Polkadot lacks value for Web3 and isn't user-oriented.
▪️It not truly decentralized.
▪️Manta focuses on Ethereum L2 due to Polkadot's perceived stagnation.
▪️Most importantly: the entire #POLKADOTE ecosystem is essentially dead.