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POLKARARE

POLKARARE

POLKARARE is a United States-based company founded in 2020 by Pramod Mahadik.

OverviewStructured DataIssuesContributors

Contents

polkarare.com
Is a
Product
Product
Organization
Organization
Cryptocurrency
Cryptocurrency
Company
Company

Company attributes

Industry
Decentralized Finance
Decentralized Finance
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Distributed ledger
Distributed ledger
Smart contract
Smart contract
Blockchain
Blockchain
Cryptocurrency
Cryptocurrency
Location
United States
United States
CEO
‌
Pramod Mahadik
Founder
‌
Pramod Mahadik
Pitchbook URL
pitchbook.com/profiles...468005-59
Email Address
contact@polkarare.com
team@polkarare.com
Investors
Chronos Ventures
Chronos Ventures
0
AU21 Capital
AU21 Capital
Genblock Capital
Genblock Capital
Genesis Block Ventures
Genesis Block Ventures
Momentum6
Momentum6
Moonrock Capital
Moonrock Capital
X21 Digital
X21 Digital
Exnetwork Capital
Exnetwork Capital
...
Founded Date
2020
Total Funding Amount (USD)
2,000,000
Latest Funding Round Date
April 29, 2021
Stock Symbol
PRARE
Exchange
Uniswap
Uniswap
MEXC Global
MEXC Global
Gate.io
Gate.io
Latest Funding Type
‌
Venture round

Cryptocurrency attributes

Ticker Symbol
PRARE0
Maximum Supply
100,000,000
Block Explorer URL
etherscan.io/token/0x...f6f4dC796

Other attributes

Circulating Supply
11,383,252.7
CoinGecko ID
polkarare0
Company Operating Status
Active
Cryptocurrency Symbol
PRARE
Latest Funding Round Amount (USD)
2,000,000
Medium URL
polkarare.medium.com
Public/Private
Public
Source Code
etherscan.io/token/0x...f6f4dC796
Child Industry
Distributed ledger
Distributed ledger
Token Standard
ERC-20
Total Supply
100,000,000
PolkaRARE (PRARE) - NFT economics

PolkaRARE (PRARE) is a Web3 economy that allows any user or brand to create, trade and discover NFTs. By leveraging the proven rarity, transferability, and offering of NFTs, we aim to unlock the maximum potential of NFTs.

PolkaRare is powered by PolkaDot, Polygon, Ethereum and Binance Smart Chan.

The non-fungible token (NFT) market has tripled in 2020, with total transaction value up 299% year-on-year to over $250 million, according to new research published by NonFungible.com, an NFT market research firm.

Non-fungible tokens (NFTs) are blockchain-based unique digital assets that are tangible and intangible items, from virtual kittens and digital collectible cards to crypto art and gaming items.

Irreplaceability means that an asset cannot be easily exchanged for another. Instead, each non-fungible token represents one unique digital asset.

In contrast, fungible tokens are fungible for another token of the same type. Examples could be utility tokens, reward tokens, or digital currency. The NFT economy is a vast ecosystem of different types of non-fungible tokens, from obscure and entertaining to sophisticated digitized versions of real assets. Crypto art, trading cards, gaming collectibles, virtual assets, sports collectibles are just a few.

Recently, many marketplaces have popped up where people can buy and trade NFTs. Unfortunately, these marketplaces charge high transaction fees.

To improve mainstream NFT adoption and unlock its full potential, we are working on the web3 economy for unique and scarce digital assets.

Features of the PolkaRARE (PRARE) platform

Multichain NFT Marketplace: Collaborative cross-chain NFT marketplace with social features, gas-free transactions and 3D gallery.

NFT Wallet: Multichain wallet for storing NFTs and digital assets.

Collections: Rare NFT drops that include licensed art, music and sports cards.

NFT Collateralized Loans: Use your NFT assets as collateral for a loan, or offer loans to other users using their irreplaceable tokens.

Copyrights: Creators can set up flexible royalties on creations to earn resale commissions. PRARE token holders will be able to charge slightly higher fees.

Unlockable content: keep private files that will not be viewed publicly, but will only be unlocked for the current owner.

NFT Price Discovery Protocol: Price discovery models that determine the real value of your NFTs.

Social Features: Social features such as user profiles, ratings, comments, favorites, and sharing to increase creator and fan engagement.

Multi-content support: Support 2D and 3D media.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

PolkaRARE - Medium

https://polkarare.medium.com/

Web

References

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