PolkaRare logo
WebsiteRed Kite LaunchpadGate Launchpad

PolkaRare (PRARE)

IDO
IEO

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

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Overview

Project industryArt & Music
Product typePlatform
WhitepaperPolkaRare White Paper Open

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

    Details

    IDO (Red Kite Launchpad): May 11, 2021 - May 11, 2021
    IEO (Gate Launchpad): May 10, 2021 - May 11, 2021
    Token supply: 100,000,000 PRARE
    Total tokens for sale: 450,000 PRARE
    Hard cap: 2,200,000 USD
    Raised: 2,000,000 USD

    Legal

    Blockchain Platform: Polkadot
    Country limitations: 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 info

    Ticker: PRARE
    Type: Utility-token
    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%

    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

    • Project team

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

    Advisors

    Garlam Won
    Garlam Won
    Marketing Advisor & Investor
    Garlam Won linkedin

    Social media

    PolkaRare web-sitePolkaRare TelegramPolkaRare Twitter

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