diff --git a/bizdevbible.md b/bizdevbible.md new file mode 100644 index 0000000..f6d8074 --- /dev/null +++ b/bizdevbible.md @@ -0,0 +1,80 @@ +# The Polkadot BizDev Bible + +The Pros (and Cons) of building on Polkadot for each market audience. + +## The Polkadot Platform + +Polkadot is composed of two platforms: the Polkadot Cloud and the Polkadot Hub. + +These platforms have little overlap in the kinds of users they should appeal to, and the ones we should attract. + +### Polkadot Cloud + +The Polkadot Cloud is targeted toward large scale Web3 applications which plan to drive millions of transactions. + +One Core on the Polkadot Cloud can execute 1,500 transactions per second, which is approximately 4 billion transactions per month. We have seen applications easily execute nearly 10 million transactions in a month without an issue. + +The Polkadot Cloud will be the best place to onboard: +- Existing businesses who want to migrate existing large volumes of traffic. +- Custom Web3 solutions, which gain access to low level building primitives. + - Privacy Chains + - Trusted Execution Environments (TEEs) + - Zero-Knowledge Systems + - Large State Chains + - Large File Storage (ipfs, filecoin, large individual items) + - Large State Trees (billions of items) + - Social Networks + - Feeless transactions + - Subsidized operations and usage + - Businesses looking to abstract the blockchain from their users. + - Low Latency Applications + - Gaming + - MEV Resistance / Control Over Transaction Ordering + - Specific kinds of DeFi + - Periodic / Seasonal Demand (High Volume) + - etc.. + +The Polkadot Cloud will not be the best place for: +- New businesses and trying to grow a new customer base. +- Small engineering teams who are not able to take on maintenance needed to host a cloud service. + +### Polkadot Hub + +The Polkadot Hub will be a near-zero-cost entry into the Polkadot Ecosystem. + +Like many other blockchain platforms, the Polkadot Hub is a Layer 1 Smart Contract Network, secured by the Polkadot Cloud. + +The Polkadot Hub uses a next-generation smart contract platform which is backwards compatible with Solidity smart contracts. We should expect that other languages will also be supported in the future like ink! and Move(?). + +The Polkadot Hub also has Polkadot native features such as: +- Staking +- Governance +- Treasury +- Stablecoins +- etc... + +These should appeal to non-developer audiences in addition to developers passionate about the Web3 space. + +The Polkadot Hub will be the best place to onboard: +- Low Time Investment Builders + - New Developers + - Tinkerers + - Explorers +- Short-Term Projects + - Hackathons + - Fundraising + - +- Low Overhead / Small Teams + - Meme coins + - +- Passionate Users + - Active Polkadot Community + - Active Users of Polkadot Hub Applications + - Stablecoin Users +- Inconsistent Usage + - Periodic / Seasonal Demand (Low Value) +- Polkadot Native Extensions + - Account Abstractions + - DAOs + +## Audiences