Investing in Polkadot
Polkadot was created in 2016 and introduces a number of novel technical features aimed at achieving its ambition of incentivising a scalable global network of computers where users can launch and operate their own blockchains.
To achieve scalability Polkadot operates two types of blockchains: a main network, called a relay chain, where transactions are permanent, and user-created networks, called parachains. Parachains are one way in which interoperability can be implemented between blockchain networks. This combination of interoperability, scalability and customisability is thought to be they key to a diverse eco-system built on Polkadot.
DOT is the native token from the Polkadot blockchain, it has three main goals such as easing the network governance, staking for security and operations and bonding tokens to connect parachains. Polkadot operates as a Proof of Authority (PoA) chain and is designed with a governance model that means the network does not need to be forked when incorporating upgrades.
Why invest in the WisdomTree Physical Polkadot ETP
+ WisdomTree is a world leader at securing physical metals underlying ETPs and have used the same structure to protect the underlying physical holdings.
+ The ETP is physically backed by Polkadot, professionally secured in cold storage.
+ The product utilises institutional digital assets custody solutions which are continuously evaluated and monitored by WisdomTree.
+ The ETP is priced and structured for the institutional investing community.
For each digital currency there may be multiple available reference prices in the market. In order to provide an indicative USD NAV to the market, WisdomTree intends to use the CF Benchmarks reference rate to value the WisdomTree Polkadot Coin Entitlement.