The Polkadot ecosystem could be massive and there are some solid opportunities to get in early on a lot of the parachain projects so I figured I’d make a thread to share which projects everyone thinks will succeed and are bullish on. I’ll start.
* Acala/Karura (ACA/KAR) – A decentralized finance hub and stablecoin platform powering cross blockchain liquidity. Lots of big partnerships and endorsements with this project. Many expect it to do very well. [Whitpaper](https://github.com/AcalaNetwork/Acala-white-paper/blob/master/Acala_Whitepaper.pdf)
* Litentry (LIT) – Decentralized identity authentication. This project is interesting to me because I really like the idea of controlling personal identity on a blockchain. [Whitepaper](https://8e05e2d3-ada2-45dd-8426-b69a066e9210.filesusr.com/ugd/760d3a_2801034aeb0e400bb0e5850d1240f53b.pdf)
* ChainX (PCX) – Bitcoin derivative platform. Bringing BTC and other assets to Polkadot defi would obviously be a big deal. Also doesn’t hurt that PCX currently stakes for 40%! Staking rewards get halved every 210,000 blocks with the next halving set to begin in about 60 days. [Whitepaper](https://chainx.org/static/ChainXWhitePaper-901b6b70f654c8f8824686a2277971c0.pdf)
Drop some projects in the comments that you like. There doesn’t seem to be much discussion here about the upcoming parachain auctions and this could be an opportunity to highlight an unknown project that becomes huge. Thanks.