Nowadays, the Cryptocurrency world is being driven by memes, shitcoins and non-functional tokens, created on several different networks and blockchains, which serve no purpose at all other than tricking users into trading those assets to create market fluctuations that are backed by no specific reason at all and are all artificially made. This mess must come to an end, and cryptoandreviews.com is here to do that.
The benefits of Polkacity are closely linked to the utility of the tokens which will be reviewed on this article.
Cronos, PancakeSwap and The Sandbox all had a quick run up when they were introduced into the market. Many people invested in the initial idea while others didn’t. You know the rest of the story as of today.
A lot of investors have hurriedly delve into investing on a project they have little knowledge about Due to Fear Of Missing Out. So on this article, we will review Polkacity token by explaining what the coin is about, insights on the project listing the pros and cons, the supply and how legit/safe the token is for investment.
Please note; This is not an Affiliate Link related article, neither is it a Promotional Article.
What is Polkacity?
Polkacity is an NFT marketplace that aims to “revolutionize the ownership of virtual assets” by building the world’s first 3D and AR NFT platform that will be on multiple blockchains. Users can purchase and own virtual taxis, gas stations, and services and earn interest on their assets. By holding the NFTs representing them, users receive weekly payments as the virtual city combining different DeFi elements grows. Polkacity is constantly expanding the available assets, now also including land and infrastructure.
Launched at the beginning of 2021, Polkacity has published a mobile app and a desktop version of its virtual city. In Q3 2021, Polkacity launched its marketplace, where citizens can trade assets. In the future, the project foresees expansion to different blockchains and the addition of additional NFTs like neighboring cities or even continents.
Who Are the Founders of Polkacity?
Polkacity is led by Carmelo Milian, the project’s lead software developer who previously worked at Microsoft and co-founded OneCloud, a cloud computing company. Fatih Atali is the team’s marketing advisor, a high physics engineer and co-founder of Blockchain Game Factory with over five years of experience in cryptocurrency. The team is complemented by Murad Aliyev, the technology manager with over five years of experience in technology infrastructure projects, and Manuel Leal, an experienced web developer.
There are 8,707,014.00 POLC in supply worldwide.
Pros and Cons of Polkacity
Pros of Polkacity
- There is a surge in the market price currently
- Project whitepaper available
- Contract on Ethereum
- They are fully decentralized
- A lot of investors are ‘flocking’ to invest
- It is listed on coinmarketcap
Cons of Polkacity
- The coin is still under research and development
- Multiple issues with its synchronizations between ledgers
- Not listed on some exchanges
- No Github profile
- They have no reddit account
- No Bitcointalk thread created
- No traceable features on tradingview
Is Polkacity Legit or Scam?
A cryptocurrency project requires you to part with your hard earned cash in order for you to become successful. You expect some level of transparency and professionalism from a project or the team that is asking for your money.
According to research and reviews, Polkacity have developed a problem solver but with a weak back up for the token they produce. Going through their community and roadmap about their project, their visions and aims have so far been achieved.
Is Polkacity Safe?
Being willing to invest in any token is a question entirely up to you to answer. Polkacity token has a formidable team and vision to backup their digital assets and project. The project will succeed but depends if the team keeps the vision active and alive.
Make personal research on the coin, visit coin’s official website.
Follow our blog to learn about coin legitimacy. You can share your thoughts and experiences about Polkacity on the comment section below. Don’t forget to rate and leave a review.