PolkaRare logo

PolkaRare (PRARE)

Status
IEO
IDO

PolkaRare is a web3.0 economy for users to create, trade, and discover some of the most extraordinary digital assets.

PolkaRare White Paper Whitepaper

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Interest lvl
Medium
Learn more about our rating
User Rating
Medium
3/5 1 votes
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Ticker
PRARE
Type
Utility-token

What is PolkaRare

Polkarare is a web3 economy that supports unique and precious digital assets. It is a multichain NFT marketplace powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain. Its native token, PRARE, is a governance token that can be used as staking rewards, a medium of exchange, and for NFT farming. Polkarare will be a platform to showcase rare NFT collections which include licensed art, music, and sports cards.What we offer
  • Multichain NFT marketplace
Interoperable cross chain NFT marketplace with social features, gasless transactions and 3d art gallery
  • NFT Wallet
Multichain wallet to store NFTs and digital assets
  • Collections
Rare NFT drops which includes licenced art, music and sports cards
  • NFT COLLATERALIZED LOANS
Put your NFT assets up as collateral for a loan, or offer loans to other users on their non-fungible tokens.
  • NFT price discoverability protocol
Price discovery models that determines the realistic value of your NFT’s

PolkaRare Roadmap

1
Q1 2021
  • Ideation
  • Architecture Design
  • Prototype
  • Team Formation
  • Seed Round
  • 2
    Q2 2021
  • IDO
  • Listing
  • Staking
  • Testnet launch
  • Wallet Integration
  • Trade Features
  • Mainnet Launch
  • Reward Programs v1
  • 3
    Q3 2021
  • Social Features
  • Additional Trade Currencies
  • NFT Farming
  • Collection drops
  • NFT minting APIs
  • Reward Programs v2
  • 4
    Q4 2021
  • Governance Portal
  • Mobile Support
  • NFT Price Discovery Protocol v1
  • NFT Loans v1
  • 3D Content Support
  • Token Sale Dates

    IEO

    Start date: May 10, 2021
    End date: May 11, 2021

    IDO

    Start date: May 11, 2021
    End date: May 11, 2021

    Token Allocation

    Total Token Supply 100,000,000 PRARE
    Total Tokens for Sale 450,000 PRARE

    Funding Details

    Hard Cap 2,200,000 USD
    Funds Raised (as of now) 2,000,000 USD

    Restrictions

    Residents of the following countries are prohibited from participating
    Afghanistan, Albania, Belarus, Bosniaand Herzegovina, Burundi, Burma, Canada, China, Democratic Republic of Congo, Cuba, Ethiopia, Guinea-Bissau, Guinea, Iran, Iraq, Japan, North Korea, Liberia, Lebanon, Libya, Macedonia, Malaysia, New Zealand, Serbia, Sri Lanka, Sudan, Somalia, Syria, Thailand, Trinidad and Tobago, Tunisia, Uganda, Ukraine, United States of America, Venezuela, Yemen, Zimbabwe.

    Token distribution


    Seed Round: 12.50%
    Private Round 1: 12.50%
    Private Round 2: 9.375%
    (Initial Dex Offering)IDO: 2.00%
    Ecosystem Fund: 9.625%
    Marketing/Grants/Partnerships: 10.00%
    Advisors: 3.00%
    Team: 12.00%
    Company Reserve: 10.00%
    Operations: 4.00%
    Marketplace Mining & Staking: 12.00%
    Exchanges & Liquidity: 3.00%

    Project team

    Priyanka Gill
    Priyanka Gill
    Founder and CEO of POPxo
    Priyanka Gill linkedin-team
    Sandeep Sudagani
    Sandeep Sudagani
    Founder at Playcent
    Sandeep Sudagani linkedin-team
    Dylan Dewdney
    Dylan Dewdney
    Project Lead at Kylin
    Dylan Dewdney linkedin-team
    Thi Truong
    Thi Truong
    Co-founder & CEO at PolkaFoundry
    Thi Truong linkedin-team

    Advisors

    Garlam Won
    Garlam Won
    Marketing Advisor & Investor
    Garlam Won linkedin-team

    Social media

    Industries

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