What is Polkamon?


Polkamon is an NFT in the form of anime art that has shifted the art of collecting physical anime collectibles into digitally interactive anime collectibles. Non-Fungible Tokens are one of their kind because you can not replace one for another because another just like it, does not exist. This Polkamon NFT was built on blockchain on ERC-20 standards and is being released to the public in March 2021. These can be seen as art or can be used in games “The manifold universe of Polkamon” has 4 characters namely Colors, Glitters, Horn and Ultra rare. The Rarest of them is Ultra Rare, a golden glittery Dragon called the Bitcoin Dragon. Each Polkamon is backed up by $PMON tokens that is a high-liquidity token that you can use to buy these.

Architecture of Polkamon

The building block of Polkamon has 3 layers to it. The base layer being the NFT decentralized ownership system that has the $PMON tokens for high liquidity and ease of trading. The second layer is the metadata layer with visual rich that enriches the NFTs. The topmost layer being the application layer that proves the ownership of a particular NFT.

Collections 

Polkamon exists in different colours and shapes but all in the face a cute dragon. As part of their IDO, the organization asks interested individuals to claim an Egg by paying a certain amount of Gas fee and the actual fee for the egg that might hatch into one of the dragons. I had to pay a total of $8.25 to claim the egg and the offering will happen 2 days from now.

The different collections available are Bitcoin, Ethereum, Monero, Uniturtle Uniaqua and so on and so forth. Each of them is a coloured dragon physically distinct from the other.

Tokonomics 

Few facts about the tokens in the crypto world.

  1. These tokens($PMON) has an initial supply of 1.8M and the total supply is 10M with the listing price of $0.40.
  2. The strategic sale that is of 20% will be vested post-listing with a sale price of $0.20, then daily vesting over a period of 90 days.
  3. 10% foundational reserve locked for 1 year then daily vesting for over 1 year.
  4. Marketing & Business development tokens have 20% before listing, then daily vesting for 1 year.
  5. Over 20% liquidity tokens, where 20% before listing, then daily vesting for 1 year
  6. 10% team & advisory tokens locked for 1 year, then daily vesting for 1 year.
  7. About 45% of the funds will be used to support the development team.
  8. Marketing actions such as partnerships, awareness and go-to-market strategy will account for 20% of the total funds raised.
  9. Legal & Accountancy will represent 5% of the total funds raised.
  10. 30% of funds will be used to provide to exchanges.

Brains

The actual brains behind this blockchain NFT collectible is Leif Eric Leiser the CEO, accompanied by Lennart the CMO and Finn Hansen the Fullstack software engineer. They claim that this unmatched NFT collection is a solution to the liquidity challenge. The ecosystem base will always be the base of Polkamon with decentralized NFT and token layers. This gives the ultimate height of ownership for any individual with the most significant growth drivers in a rich and easy to integrate metadata and visuals for Polkamon as the support layer for utilization applications. The ecosystem of utilization layers consists of games, art and collectibles.

Features

As these are beautifully animated digital collectibles with varying scarcities, each Polkamon is backed by a truly unique NFT and can be unpacked with $PMON tokens. There are other mobile widgets and mobile apps pertaining to Polkamon after launch. So keep tuned in for more!

Ultra Rare NFTs

Supercharge your collection by unpacking $PMON tokens to reveal ultra-rare polkamons or swap your NFTs for $PMON tokens.

High-Liquidity Token

The $PMON tokens adds to liquidity by providing 2-way swapping mechanism between NFT and $PMON.

Hyper-Deflationary

Each swap and reverse swaps burns $PMON tokens ensuring the scarcity of your NFTs

Staking

Stake $PMON and Polkamon to receive additional rewards for every swap between $PMON and Polkamon.

Cross-Chain

Get Polkamon with $PMON on Polkadot or various other blockchain to discover the uniqueness in the network.

Nevertheless, the Polkamon has an exciting roadmap, that involves bringing the Polkamon to life by adding sounds to the dragons and new ones are being created as we speak. Expansion of the collectible ecosystem by introducing apps, widgets and polkadex. Advanced staking for long term supporters as a reward mechanism. All these make it a great combo almost impossible to resist just like other tokens in the market. As always, higher the risk, higher the returns.

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What is Polkamon?
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What is Polkamon?
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