According to CryptoPotato, Polkadot has recently announced a partnership with Heroic, an open-source games launcher. This collaboration will see the Polkadot brand incorporated into Heroic's jersey design and live stream overlays, and is expected to generate excitement in the esports community through fan activations, community events, exclusive prizes, and giveaways.
In addition to this partnership, Polkadot has introduced Deloitte’s know-your-customer (KYC) credential solution via the Polimec Protocol, a decentralized, community-driven funding platform. These credentials, built on Kilt Protocol, one of Polkadot’s parachains, leverage advanced infrastructure capabilities.
Polkadot also plans to allocate 3 million DOT tokens, equivalent to nearly $20 million, to support DeFi activities within its ecosystem. One million of these tokens will be distributed to liquidity mining incentives, another million will be designated for non-custodial liquidity in Omnipool, a unique liquidity pool model developed by HydraDX. The remaining one million DOT tokens will be used to foster the development of StellaSwap, a decentralized exchange built on the Moonbeam network, part of the Polkadot ecosystem.
Despite these developments, Polkadot's native cryptocurrency, DOT, has seen a 10% weekly decline, with its price currently around $6.40. This drop is thought to be due to the ongoing market correction affecting the entire crypto sector. However, some analysts remain optimistic about DOT's future potential, predicting an uptick if it can maintain the important resistance level of $5.60-$6.50. They anticipate that the next targets could be $12.70, $17, $23, and $31 within the next 12 months.