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Polkadot price to surge? Key vote advances ahead of JAM upgrade
NFT Gaming

Polkadot price hinges on key community vote, JAM upgrade

by admin



The Polkadot price remains in a tight range on Sunday, Aug. 24, as a golden cross pattern formed, and the community voted on its supply and inflation reduction measures. 

Summary

  • Polkadot price could surge as the community leans in the hard cap side.
  • The network will likely implement the JAM upgrade in 2026.
  • Technical analysis points to an eventual DOT price rebound. 

Polkadot community vote continues

Polkadot (DOT) was trading at the psychological level of $4, up 35% from its lowest point this year. 

The DOT crypto price has remained in a tight range over the past few days as the community debates its tokenomics. Most of these investors have been frustrated with its weak performance as it hovers near its all-time low. 

The community is voting on three proposals: hard pressure, soft pressure, and growth pressure. The hard pressure proposal aims to implement a 2.1 billion DOT supply, accompanied by a significant inflation reduction of 53.6%, and a stepped supply schedule commencing in March next year. 

Its main implication is that it will reduce the current staking yield from 14% to a significantly lower number over time. One concern among its proponents is that stakers typically sell their rewards, creating pressure on the sale of DOT. 

The soft pressure proposal suggests a more gradual approach with a higher threshold of 3.14 billion DOT supply. It is seen as a less aggressive approach. 

The growth proposal suggests a 2.1 billion cap, with a 33% inflation reduction every two years and 50% staking APR cut in this period. Data shows that the hard cap proposal is winning, although this could change towards the end of the vote. 

The other major catalyst for the Polkadot price is the proposed Join-Accumulate Machine (JAM) upgrade. 

This upgrade, proposed by Polkadot creator Gavin Wood last year, will evolve from a parachain-focused blockchain into a decentralized supercomputer that supports applications in various industries, such as DeFi. 

Although the upgrade date has not been announced, it is likely to occur soon now that Wood has returned as CEO. 

Polkadot price technical analysis

DOT price chart | Source: crypto.news

The daily chart shows that the DOT price formed a double-bottom pattern at $3.256, its lowest levels in April and June this year. Its neckline is at $5.375. 

The Polkadot price is also about to form a golden cross pattern. As the spread between the 50-day and 200-day Weighted Moving Averages narrows, it signals one of the most popular bullish chart patterns. 

DOT crypto has also formed a symmetrical triangle whose two lines are about to converge. Therefore, the most likely scenario is where it stages a strong comeback, potentially to $5.374, its highest swing in May. 



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You have a Swedish hot tub, a Korean game jam, and that pesky emotion called jealousy to thank for Peak
Game Updates

You have a Swedish hot tub, a Korean game jam, and that pesky emotion called jealousy to thank for Peak

by admin



How does one come up with, and subsequently make, Peak? Well, it sounds like you just kind of have to do it in weird ways. If you’ve missed it, Peak isn’t just slang you’ve heard your teen use to denote something being really good, it’s a co-op video game about climbing mountains with your friends and having a very good/ bad time while doing so. The bulk of work was also done in a single month as part of a collaborative game jam between Another Crab’s Treasure developer Aggro Crab and Content Warning developer Landfall. And in an interview with PC Gamer, a couple of the devs that worked on Peak have shared a little insight into how it got made.


According to Aggro Crab head Nick Kaman, Peak was made “mostly from jealousy.” To be clear this sounds like mostly a joke, but for Kaman and the rest of Aggro Crab, this feeling came about when they learned that Content Warning was also made as part of a one-month long game jam, and sold ridiculously well. “It turned everything we know about game development upside-down,” Kaman said.


“At the time we were on the precipice of launching our biggest game ever, Another Crab’s Treasure—an intense 3+ year-long project that burnt a lot of us out. While it was a success, Content Warning was a much bigger one made in MUCH less time.” So, Kaman and two other devs at Aggro Crab asked if they could join Landfall for their next jam, conducted in Korea, the latter said yes and off they went.


“We brought our computers to an Airbnb in Hongdae and locked tf in for a month. As soon as we landed, we beelined straight for the nearest IKEA and spent the day assembling office chairs and desks (that were donated to the local indie scene at the end of the month).”


Peak itself had actually been pitched the year prior… in a hot tub in Sweden, of all places, said Aggro Crab creative director Caelan Rashby-Pollock. “The concept was a lot more vague then and much closer to an open-world survival thingy, but we all quickly got excited about being a group of lost scouts on an island, and the macabre slapstick that can come from that.”


After that, all their time in Korea was spent either working on the game, or “getting food while talking more about Peak,” Kaman said. “While it was pretty intense, it was also the most fun I’ve ever had working on a game.”


While sales are absolutely not an indicator of quality by any means, Peak has since gone on to sell a boatload too. I mention only to point out that this doesn’t mean the key to success is starting with a good idea and then only taking a month to make it. Both Aggro Crab and Landfall are experienced developers, so I beg of you, don’t point to this as an example of a quick route to success.



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