💪🏻Polkadat, along with Parity, have asked the Ethereum community to find a way to return to funds, but the situation remains unresolved. Despite the missed funding, Polkadat and the Web3 Foundation reported that the project still has enough funding to meet its development milestones.
According to reports, the Web3 Foundation has raised more capital to make up for the capital lost in the private token sale in 2019. In this sale, Polkadat sought to sell 500,000 DOT tokens worth $1.2 billion and priced each token at 120 set the dollar. Although the foundation did not disclose details of the capital raising, it was reported that the sale of Polkadat closed in June 2019 with a "successful" rating.🕵🏻
