According to CryptoPotato, Polkadot recently announced a partnership with Heroic, an open source game launcher. The collaboration will see the Polkadot brand incorporated into the design of Heroic t-shirts and live stream overlays, and is expected to generate excitement in the esports community through fan activities, community events, exclusive prizes and giveaways.
In addition to this partnership, Polkadot introduced Deloitte's Know Your Customer (KYC) credentials solution via the Polimec Protocol, a community-driven decentralized finance platform. Built on the Kilt protocol, one of the Polkadot chains, these credentials take advantage of advanced infrastructure capabilities.
Polkadot also plans to allocate 3 million DOT tokens, equivalent to approximately $20 million, to support DeFi activities within its ecosystem. One million of these tokens will be distributed to liquidity mining incentives, and another million will be allocated to non-custodial liquidity in Omnipool, a unique liquidity pool model developed by HydraDX. The remaining 1 million DOT tokens will be used to further 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, saw a weekly decline of 10%, with its price currently standing around $6.40. This decline is believed to be due to the ongoing market correction affecting the entire cryptocurrency sector. However, some analysts remain optimistic about DOT's future potential, predicting a slight upside if it manages to hold the important resistance level at $5.60-$6.50. They expect the next targets to be $12.70, $17, $23, and $31 over the next 12 months.
