Polkacity is a non-fungible token (NFT) marketplace that intends to “revolutionize the ownership of virtual goods” by developing the world’s first 3D and AR NFT platform that will be based on several blockchains. Users can buy and own virtual cabs, petrol stations, and other businesses, as well as earn interest on their investments. Users receive weekly payouts by holding the NFTs that represent them as the virtual city incorporating various DeFi features evolves. Polkacity is constantly increasing its asset base, which now includes infrastructure and land.

Polkacity, which debuted in early 2021, offers a mobile app and a PC version of its virtual city. Polkacity established its marketplace in Q3 2021, allowing its citizens to swap assets. At some point, the project plans to expand to other blockchains and incorporate more NFTs, such as nearby cities or even continents.

Who Are Polkacity’s Founders?

Carmelo Milian, the project’s chief software developer, previously worked at Microsoft and co-founded the cloud computing business OneCloud. Fatih Atali, a high physics engineer and co-founder of Blockchain Game Factory, is the team’s marketing advisor. He has over 5 years of experience in the cryptocurrency field. Murad Aliyev, a technology manager with over five years of experience in technological infrastructure projects, and Manuel Leal, a skilled web developer, round out the team.

Polkacity has also formed a number of fascinating connections, like working as an ambassador with former NBA star Baron Davis and funding blockchain-related events in the city of Miami.

What Sets Polkacity Apart?

Polkacity blockchain game strives to be the virtual equivalent of a real city, mirrored by the NFTs for sale. Players can currently purchase:

• a variety of cabs, ranging from compacts to limousines,

• Power plants (gas or electric);

• Service stations that deal with automobiles, such as vehicle washes, repairs, and rentals;

• Restaurants, and hotels, and retail malls are all examples of this.

• Discos are examples of leisure-related establishments.

The price of each NFT varies, ranging from 1,500 POLC for a compact cab (1,000 available) to 105,000 POLC for a shopping center (50 available). Players recoup their investment through weekly network rewards payments and a percentage of the asset’s revenues. For example, a tiny cab owner will receive 60 POLC per week plus 16 percent of the taxi’s monthly earnings, but a retail center owner will receive 13,125 POLC per week and 50 percent of the center’s monthly earnings. Players can benefit from the game’s virtual economy in this way.

Polkacity also intends to create a 3D and augmented reality platform that would mix various hot-topic aspects such as NFTs and decentralized finance. Virtual reality technology allows players to experience their virtual possessions.

What is the current circulation of Polkacity (POLC) coins?

POLC is the Polkacity’s native utility crypto token, which can be used to purchase and sell items in the Polkacity’s metaverse. POLC has a total supply of 250 million units.

What Security Measures Does the Polkacity Network Take?

POLC is an Ethereum ERC-20 token, which is the standard by which most new tokens are published on the Ethereum network. Polkacity NFTs all adhere to the well-established ERC-721 standard for non-fungible tokens. Ethereum is one of the most widely used blockchains, and it is the platform of choice for many decentralized apps and exchanges. The Ethereum blockchain is validated and secured via a network of decentralized nodes.

Polkacity is presently available on Ethereum and BSC, with ambitions to expand to more blockchains in 2022, including Polkadot.

Polkacity (POLC crypto gaming token) is available for purchase at the following locations: KuCoin, Bitget, Gate.io, BKEX, and ZT, among other exchanges.

Link: https://www.polkacity.io/

Coin Marker Cap link: https://coinmarketcap.com/currencies/polkacity/

Available on Kucoin!