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Octoblock To Develop On Same Network as Polkadot This Summer

Jordan Avery by Jordan Avery
April 1, 2024
in Press Releases
Reading Time: 3 mins read
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Octoblock makes waves as it enters the exciting crypto arena via a platform designed on the same network as Polkadot. The entry converges with the established networks and marks a huge step in pursuit of interoperability and scalability within decentralized ecosystems.

Polkadot (DOT) Network

The Polkado network is a Web3 multi-chain blockchain platform enabling interoperability between blockchains. The Web3 Foundation creation strives to facilitate easy and fast transfer of data or assets across blockchains for improved scalability, security, and governance. Its innovative design allows blockchains to operate independently while facilitating communication and secure information sharing. Its flexibility makes DOT a promising platform for building dApps and nurturing innovation in the blockchain space. Octoblock can utilize the network to facilitate secure independent operations. However,the Polkadot price has stagnated between $8 and $9 for the better part of March.

Octoblock (OCTO) Packaged Features

The Octoblock blends Game Fi and DeFi to deliver a comprehensive suite that makes it stand out above the rest. Octoblock joins the DeFi world, fronting Game-Fi mechanics with DeFi integration on the Binance Smart Chain. Its innovative approach sets it apart, offering a diverse platform that reshapes the DeFi landscape.
Octoblock integrates social responsibility with financial innovation, allowing users to contribute to charity organizations through DeFi investments.

octoblock

With a focus on sustainable profitability, Octoblock pursues community collaboration. Through the Saltwater Sweepstake and The Tentacle Trust, Octoblock and its community collaborate to support marine conservation efforts. The OCTO token holders will play a crucial role by voting monthly to decide donation recipients among licensed organizations. Octoblock prioritizes sustainability, while recognizing the tenets of preserving marine ecosystems to safeguard the planet for future generations.

The Tentacle Trust’s funding comes from the Nautilus Trove. Octoblock enhances yield farming through top-notch services enabling users to maximize earnings through strategic DeFi processes. Octoblock facilitates robust cross-chain swaps, allowing users to manage assets across blockchain networks. Moreover, Octoblock’s groundbreaking Crowd Funded Yield Farming (cFyF), empowers users to collectively optimize returns and influence within yield farming platforms by pooling resources.

Octoblock ICO Begins in Earnest

Octoblock offers 240M tokens through its ICO phases. Phase one features 15.25M tokens, with one OCTO token price at $0,035. The early adopters will enjoy a 15% bonus to enrich their portfolio with every purchase made. The OCTO token price will rise in each new phase to finally launch at $0.10. Upon launch, Octoblock will disseminate crucial utility solutions and list on credible exchanges.

Octoblock’s Interoperability Benefits With Polkadot

Polkadot network provides the Web3 interoperable platform, while Octoblock’s innovative approach brings a significant advancement in the DeFi space, revolutionizing how users engage with products like yield farming. Octoblock strives to attain profitability and pursue expansion and philanthropy.
Get more information on Octoblock here:

Buy OCTO: https://reef.octoblock.io/register

Website: https://octoblock.io/

 

Tags: DeFiGame-FiICOinteroperabilityOctoblockPolkadot
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