An open-source platform for blockchain technology announced that it has launched its first parachains. These parallel chains are intended to increase interoperability across multiple blockchains.

AccordingAccording to Polkadot’s announcement, they invested five-years in parachain development. They were auctioned off to different teams. AcalaMoonbeam and Clover, Parallel Finance, Astar, Astar, Parallel Finance, Astar.