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About Polkacity
Key Points:
- Polkacity is an NFT marketplace aiming to revolutionize virtual asset ownership.
- It’s a 3D and AR NFT platform on multiple blockchains.
- Users can purchase and own virtual assets, earning interest and weekly payments.
- Assets include taxis, gas stations, services, land, and infrastructure.
Founders:
- Carmelo Milian: lead software developer, previously at Microsoft.
- Fatih Atali: marketing advisor, high physics engineer, and co-founder of Blockchain Game Factory.
- Murad Aliyev: technology manager with over five years
About Polkacity: A Pioneering Metaverse Experience
Introducing Polkacity (POLC): A Revolutionary Metaverse Experience
Polkacity is a pioneering NFT marketplace poised to revolutionize the ownership of virtual assets by creating the world’s inaugural 3D and AR NFT platform, seamlessly integrated across multiple blockchains. This innovative platform enables users to purchase and own virtual assets, including taxis, gas stations, and services, generating passive income through interest accrual. By holding NFTs representing these assets, users receive regular weekly payments as the virtual city, which combines diverse DeFi elements, continues to flourish. Furthermore, Polkacity is continually expanding its repertoire of available assets, now encompassing land and infrastructure, thereby fostering a dynamic and immersive ecosystem.
Launched in early 2021, Polkacity has successfully unveiled a mobile application and a desktop iteration of its immersive virtual city. By Q3 2021, the project had taken a significant leap forward with the launch of its marketplace, where citizens can seamlessly trade assets. Looking ahead, the project envisions a future marked by expansion across diverse blockchains and the incorporation of additional NFTs, including neighboring cities and even continents.
The Visionary Founders Behind Polkacity
At the helm of Polkacity is Carmelo Milian, the project’s visionary lead software developer, who brings a wealth of experience from his tenure at Microsoft and as co-founder of OneCloud, a pioneering cloud computing company. Fatih Atali, a high-caliber physics engineer and co-founder of Blockchain Game Factory, lends his expertise as marketing advisor, drawing from his extensive five-year background in the cryptocurrency realm. The team’s technical prowess is further bolstered by Murad Aliyev, a seasoned technology manager with a proven track record of delivering complex infrastructure projects over the past five years, and Manuel Leal, a seasoned web developer with a keen eye for innovative solutions.
Furthermore, Polkacity has forged several notable partnerships, including a high-profile collaboration with former NBA star Baron Davis, who has joined the project as an ambassador, as well as sponsoring prominent blockchain-related events in Miami.
Unveiling the Unparalleled Essence of Polkacity
Polkacity strives to emulate the essence of a thriving metropolis, manifesting in the diverse array of NFTs available for acquisition. Presently, players have the opportunity to purchase:
- A diverse array of taxis, spanning from compact vehicles to luxurious limousines;
- Power stations, encompassing both petrol and electric facilities;
- Car-centric service stations, including car washes, rental outlets, and repair centers;
- Hotels, restaurants, and shopping centers, catering to diverse needs;
- Leisure-oriented establishments, such as vibrant discos and entertainment venues.
Each NFT commands a distinct price, ranging from 1,500 POLC for a compact taxi (with 1,000 units available) to 105,000 POLC for a shopping center (limited to 50 units). Players can recoup their investment through weekly network rewards, supplemented by a share of earnings from their asset. For example, the owner of a compact taxi can expect to receive 60 POLC per week, plus 16% of the taxi’s monthly earnings, while owning a shopping center yields a substantial 13,125 POLC weekly, accompanied by 50% of the center’s monthly profits. In this manner, players can capitalize on the game’s thriving virtual economy.
Furthermore, Polkacity endeavors to converge multiple cutting-edge elements, including NFTs and decentralized finance, by establishing a pioneering 3D and augmented reality platform. This innovative ecosystem enables players to immerse themselves in their virtual resources, further enhanced by the integration of VR technology.
What Is the Circulating Supply of Polkacity (POLC) Coins?
POLC is the native utility token of the Polkacity metaverse, serving as the primary medium of exchange for acquiring goods and services within this immersive virtual realm. The total supply of POLC is capped at 250 million, with the following distribution:
- Platform incentives: 200 million POLC, with 25% allocated at the Token Generation Event (TGE) and 25 million POLC released quarterly;
- Liquidity provision and exchange listings: 25 million POLC;
- Core team allocation: 10 million POLC, subject to a six-month lock-up period, with a 5% monthly release schedule;
- Presale allocation: 7.5 million POLC, with 500 ETH raised at a price of 15,000 POLC per ETH;
- Private sale allocation: 2.5 million POLC, with 125 ETH raised at a price of 20,000 POLC per ETH;
- Marketing and promotional allocation: 5 million POLC, with 20% released at the TGE and 5% released monthly thereafter.
The Polkacity Network’s Robust Security Framework
POLC is an ERC-20 token built on the Ethereum network, adhering to the token standard that most new tokens emulate when publishing on the Ethereum blockchain. Meanwhile, all Polkacity NFTs conform to the established ERC-721 standard for non-fungible tokens. As one of the most popular blockchains, Ethereum has become the go-to solution for numerous decentralized applications and exchanges seeking to launch their platforms. The network’s security is ensured by a proof-of-work consensus mechanism, which relies on miners to mine new Ether. A decentralized network of nodes validates transactions and safeguards the integrity of the Ethereum blockchain.
Presently, Polkacity is operational on both Ethereum and Binance Smart Chain, with plans to further expand its reach to additional blockchain networks, including Polkadot, in 2022.
Acquiring Polkacity (POLC): A Comprehensive Guide to Exchanges and Marketplaces
POLC is listed on prominent cryptocurrency exchanges, including KuCoin, Gate.io, Bitget, ZT, and BKEX, ensuring seamless accessibility for traders and investors alike.
Associated Resources:
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