🎲⚽️Polkadot's Open Gov community recently greenlit a proposal to sponsor Inter Miami, allocating 968,000 DOT (about $6.5 million) for the endeavor. This move aims to elevate Polkadot's global visibility and deepen integration with Inter Miami's extensive fanbase. Plans include enhancing user experiences with NFTs and gamified content on Polkadot's parachains and exploring the implementation of Polkadot-based solutions for improved efficiency and fan engagement at Inter Miami. The specifics of the deal are confidential, but transparency measures are in place, with funds held in a multi-signature wallet accessible only with community approval. ORSEN SA, a Swiss sports marketing agency, will manage the partnership rights.

♦️Meanwhile, Polkadot is also progressing with technical updates like Asynchronous Backing, which will significantly scale its network by increasing the number of Parachains from 100 to 1,000 by year-end. Despite these developments, DOT prices have seen fluctuations, currently down 40% from 2024 highs. While there's been a recent 14% increase, failure to surpass $7.5 raises concerns among investors.#dot #Polkdot