In 2020, a group of ten crypto enthusiasts came together through various successful initiatives and viral digital art to form a group that would build a large-scale hybrid token. This project is the culmination of that group of trustworthy developers’ invention, creativity, and blockchain competence. They wanted to create something so distinctive and useful that it would entice even the most hesitant alt-coin investors. They needed a strong community to defend the project’s brand and back up their claims with ideologies, truly generous tokenomics, and passionate and dedicated developers. They, as developers, have been watching the cryptocurrency and NFT markets closely for months, and have spent countless hours researching when is the best time to launch their ground-breaking technology. That time has arrived and we say welcome to Crypto Mafia. The subject of their project is based on the idea that they are a family, just like the Mafia says to their allies. When it comes to building a successful business, the community is crucial. Tokens with little to no use can thrive with a strong community behind them, so what about a token with amazing utility and purpose? Their developers’ ambition and determination, together with the community’s hope and enthusiasm, ensure that this project will exceed any low expectations.

The vision

“Cryptocurrency in every portfolio” is their goal. They envision a society in which wealth-building tactics that were previously solely available to the wealthy are made open to everyone, restoring people’s control over the financial institutions. Crypto Mafia will build a breakthrough ecosystem to let more people participate in digital assets by facilitating the trade of projects and ideas while retaining their privacy, security, power, and autonomy. With the Crypto Mafia digital asset, they want to create an ecosystem based on strong monetary rules and a sound and solid decentralized foundation.

Their mission

Their mission is to “Lift Polygon Classic to New Heights” by providing investors with an innovative, user-friendly, one-stop-shop where they can find everything, they need to not only locate a new token about to launch but also to research and make a more educated decision about whether or not to invest, using a platform with a decentralized blockchain to give everyone in the world an equal chance to manage and improve their financial security.

Their goal is to:

• Provide every Holder with simple and effective means to obtain exposure to digital assets.
• Lowering the entrance barrier to a more progressive financial environment.
• Function as a community-focused and community-driven digital asset that is completely decentralized in every way.
• Their objective is to focus solely on legal and ethical means of providing maximum rewards to coin investors and holders.

How does hybrid token work?

Polygon Classic was created with the intention of being entirely a token project, with all of the team’s unique tokenomics and holder incentives supporting them. They’ve modified and reinvented their original Polygon Classic utility into something far greater, thanks to the enormous success and wide-scale adoption of NFT in recent months. They coined the phrase “hybrid token” to describe how their project is split in half, with one half dedicated to alt-coin development and the other to NFT collectibles and marketplace.

Polygon Classic

Following their rebase structure, Polygon Classic uses a unique tokenomic function. Rebase is an effective decrease in the total supply of a token among all holders and LPs, for those investors who are unaware of how it works. This is done so that the token price can be adjusted without affecting the value of anyone’s coin share. This supply increase or decrease is controlled by an algorithmic supply adjustment system. The team feels that this will tremendously benefit their investors because the demand for their token will increase as supply decreases, causing the individual value of Polygon Classic tokens to rise. Due to the incredibly favorable upwards chart growth, rebase projects frequently experience increased levels of trading activity, which they believe will please their investors because they are a very active project.

Benefits:

• Polygon Classic tokens (PLC) will appreciate in value over time.
• The anti-whale feature will limit the maximum amount of tokens that may be purchased to prevent unfair ownership dictation.
• Growth rebase that is holder-friendly
• Supply that is gradually declining

Link: https://www.polygonclassic.org/