awesome-hez/bizdevbible.md

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