What is Polka City (POLC) | What is Polka City token | What is POLC token
About Polka City
As you may already know, Polka City will be a NFT, DeFi, and Polkadot-based platform which lets investors or crypto enthusiasts purchase a wide range of assets in a virtual city. We guarantee best-in-class virtual experiences with our project. We empower investors to earn decent returns on their investments simply by owning energy stations and virtual taxis. We are able to achieve this milestone because we combine NFT, Polkadot, and DeFi worlds to form a digital city.
Polka City is a NFT-based platform that uses the power of blockchain to enable investors to buy virtual assets in a virtual city. Polka City guarantees an interesting virtual investing experience. The platform is a place to earn profits by owning virtual taxis, energy stations, and other essentials services.
Each assetthat you invest your money into belongs to a contract. Thus, it guarantees your weekly payment, so long as your assets are still within your possession. The mission of Polka City is to combine the worlds of NFT, DeFi, and Polkadot via a digital city.
How It Works?
Wondering how Polka City works? It’s simple. Once you complete your registration as a member of the Polka City community, the next step is to choose your asset. On the Polka City platform, there are several assets to choose from, including Taxi, Services, Energy Station, and ETC. After selecting your preferred asset, you will then proceed to make a deposit via a contract address that would be shared with you. Once your payment is confirmed, you are good to go! Payment would start flowing into your wallet every week.
When the Polka City becomes fully functional, you can earn up to 13,125 POLC weekly through the one asset like a digital hotel. You can watch the demo video here for a better understanding.
Polka City Token
Polka City has a native token that users can use to run the platform. The token is with a symbol POLC. POLC is created on ERC20 and, POLC ASSETS are created on ERC-721. You can use this token to pay for goods and services on the Polka City platform.
According to the team, before the end of the first quarter of 2021, the project will witness DeFi and NFT platform launch. There would also be public and private sales for crypto enthusiasts to participate in the project. The team also posited that during the second quarter of 2021, Polka City will have a mobile app and the second version of its official website. There would also be a Polka City wallet release, NFT special edition release, and Referral platform release during the second quarter of 2021.
For the referral platform, as a user of the Polka City platform, you would be able to make extra income just by referring your friends or family members to also sign up. The details of the referral program and how much you can make via the program is still sketchy as of the time of writing this post.
The third and fourth quarters of 2021 appear to have similar updates. For instance, before the end of Q3 and Q4, there would be Polkadot Integration, high volume CEX listing, and Polka City trading marketplace. Then within the third quarter, the team has assured that they would launch a customizable NFT release and Polka City profit sharing release.
Polka City’s Successful Private Sale Has Finished!
It is no longer news that we have successfully completed our planned private sale with a quick hard cap. As such, we want to use this opportunity to appreciate our esteemed investors for raising the 125 ETH mark. The hard cap was 125 ETH at a price of 20,000 POLC per ETH. The reserves were pegged at 2,500,000 POLC.
Despite the coronavirus pandemic still ravaging the world, causing unemployment and economic instability, investors still came out to support our dreams and vision. We are truly overwhelmed by this show of love and solidarity.
Get Ready For the Upcoming Pre-sale
We would like to also use this opportunity to announce that come 21st February 2021 by 5 pm UTC, our token presale will kick-start. The pre-sale will be managed on our own token sale platform through the 100% autonomous and audited token sale contract which we used in O private sale. Investors will their tokens instantly once they complete the token sale purchase order. The pre-sale will be first come first serve basis.
Pre-sale Launch Date: 21st February, 2021 5PM UTC
Pre-sale Allocation: 7,500,000 POLC
Pre-sale Price: 1 ETH = 15,000 POLC
Pre-sale Hardcap: 500 ETH
Minimum Contribution: 0.05 ETH
Maximum Contribution: 7.5 ETH
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How and Where to Buy Polka City (POLC)?
POLC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy POLC
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since POLC is an altcoin we need to transfer our coins to an exchange that POLC can be traded. Below is a list of exchanges that offers to trade POLC in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase POLC from the exchange.
Exchange: Uniswap (V2), Bilaxy
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once POLC gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com
Find more information POLC
☞ Website ☞ Explorer ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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