What is PolkaFoundry (PKF) | What is PolkaFoundry token | What is PKF token
What is PolkaFoundry?
PolkaFoundry is a one-stop dApp factory providing interoperability with DeFi and Web 3.0 ecosystems by leveraging the Polkadot multi-chain blockchain.
It’s optimized to tackle various real-world problems, especially those related to dapp UX, to the highest standard of practice and efficiency demanded from the non-stop technological industry nowadays.
The platform consists of a public blockchain (the PolkaFoundry blockchain) plus several dapp developer support services, including identity service (PolkaID), document storage service (DocuGuard), and Oracle service (Decentralized Gate).
One-stop dApp factory providing interoperability with DeFi and Web 3.0 ecosystems.
- Leveraging the thrilling ecosystem, true interoperability, and the unprecedented scalability of Polkadot and Substrate;
- Unique UX-enabling features bring dapps to a much broader population;
- EVM-compatible, straightforward to migrate from Ethereum;
- Built-in made-for-DeFi services make it easy for DeFi apps to manage identities, store files, and access Oracle data.
What can you build on PolkaFoundry?
Open Lending Platforms
PolkaFoundry can connect dapps to reliable sources for price feeds and credit checks to automate loan decisions.
Decentralized Insurance
Dapps can integrate PolkaID for identity verification and query for real-world incidents for automatic insurance payment.
Cross-chain DEX
DEX can exchange with tokens on parachains or crypto-currencies on external chains (BTC, ETH, etc.) via bridges.
DeFi Derivatives
With PolkaFoundry’s EVM support, it is straightforward to brings ideas from Ethereum derivatives dapps to Polkadot ecosystem. The high scalability and interoperability of PolkaFoundry can drive new innovations into this space.
NFT Auction & Marketplaces
PolkaFoundry enables dapps to create frictionless UX to attract larger audiences such as artists, musicians, and collectors. Marketplaces can also store NFTs’ metadata and large files on PolkaFoundary’s DocuGuard service.
Prediction Markets
PolkaFoundry provides prediction dapps with real-time event data and reliable randomness sources to determine prediction results.
How does PolkaFoundry fit into the Polkadot ecosystem?
Vision & Mission
PolkaFoundry’s mission is to become the Polkadot ecosystem’s number-one one-stop DeFi production hub with all the tools, services, and features available for DeFi experiments, innovations, and real-world solutions.
Our vision is to empower every person on earth with complete control and the freedom to utilize their valuable assets in a way that is digitalized, secure, and accessible. Developers then could choose either centralized or decentralized technology, or a combination of both, depending solely on the value of application data and trustworthiness of relevant parties instead of the maturity and usability of the underlying technology.
PolkaFoundry’s Key Points
- Leveraging the thrilling ecosystem, true interoperability, and the unprecedented scalability of Polkadot and Substrate;
- Unique UX-enabling features bring dapps to a much broader population;
- EVM-compatible, straightforward to migrate from Ethereum;
- Built-in Made-for-DeFi services make it easy for DeFi apps to manage identities, store files, and access Oracle data.
PolkaFoundry Ecosystem
Token Information
- Token Name: PKF token
- Token Symbol: PKF
- Total Supply: 200,000,000
PKF token is an Ethereum’s ERC-20 token. In the future, when PolkaFoundry blockchain launches the mainnet, PKF token holders can swap ERC-20 PKF token for native PKF coin at the rate of 1 for 1.
Token Utility
- Payment for transaction fees (computation & storage)
- Staking for collators to earn share of block rewards
- Staking to participate in the on-chain governance process and earn rewards for voting on proposals
- Payment for PolkaFoundry & partners’ services (PolkaID, DocuGuard, etc.)
UPDATE: New IDO Date and Launchpad Partner
Following our postponement announcement on March 6 and after working closely with our partners and advisors, PolkaFoundry would like to announce to the community official information regarding the IDO public sale of the PKF token. As follows:
- The opening of the new PolkaFoundry IDO sale is Tuesday, March 16, 2021.
- The whitelist time on DuckSTARTER will extend and last until 2 p.m. UTC, Sunday, March 14, 2021.
- MANTRA DAO* has become a partner of PolkaFoundry and the IDO of PKF tokens will also be held on ZENDIT Launchpad by MANTRA DAO on Tuesday, March 16, 2021, the same day as holding on DuckSTARTER. Read the news on MANTRA DAO’s Medium: http://bit.ly/3t4mbqJ.
- Both PAID Network and PolkaFoundry have mutually agreed that the PolkaFoundry IDO should take place on DuckSTARTER instead of those two as planned for the best interest of our communities, due to the short timeline given.
- Whitelisters that applied to Ignition Launchpad’s whitelist for PolkaFoundry will be whitelisted to participate in a PAID-specific pool on DuckSTARTER. Members under this case will be guided in detail in the upcoming announcements.
PolkaFoundry is committed to maintaining and ensuring the highest standards of data security and privacy in the whitelisting and IDO process. We will do our best to ensure the legitimate rights of all members of the PolkaFoundry community, who have been with us since the very beginning of the project.
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How and Where to Buy PolkaFoundry (PKF)?
PKF 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 PKF
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 PKF is an altcoin we need to transfer our coins to an exchange that PKF can be traded. Below is a list of exchanges that offers to trade PKF 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 PKF from the exchange.
Exchange: …
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 PKF 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 PKF
☞ Website ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Documentation 1 ☞ Documentation 2 ☞ Coinmarketcap
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