PolkaRare (PRARE)

IEO

Last updated: May 04, 2021

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 industry	Art & Music
Product type	Platform

Whitepaper

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

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

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%