- $POLC token made 25x from its initial value and has been listed on Gate.io
- Many new 3D Augmented Reality NFTs were introduced, the AR taxi drone NFTs were sold out very quickly.
- A live video AMA was organized by the lead developer on zoom
- All the remaining hotels, shopping centers, gas stations, and van taxis were burned.
- Liquidity is locked for 6 more months.
- Total sale volume has reached 550 ETH on OpenSea.
- Preparations for Marketplace have been finalized, Polka Truck was put on sale for zero commission marketplace trading.
Launched on February 21st, 2021, the team is ahead of the roadmap and has accomplished many goals.
1-$POLC Token
After the launch on UniSwap and immediate listing on Bilaxy, $POLC was also listed on all the respected coin-tracking platforms within a very short time frame. Despite the fact that the Ethereum Network fees are record high, thousands of assets were sold, many of them being 3D assets that were just launched. Due to the nature of the NFT’s, the POLCs were transferred to the Ecosystem Wallets and were ‘staked’. This resulted in the $POLC token price having a rapid increase, which rewarded its holders up to 25x profit.
2-Gate.io listing
The team listed $POLC on one of the highly respected top-tier exchanges: Gate.io. With the Gate.io listing, the project has leveled up in terms of credibility and volume. Additionally, it provided a chance for crypto investors to buy $POLC with their $USDT. The team is currently negotiating with several other credible CEXs to bring further value to its investors.
3-Extension of Liquidity Lock Term
After the initial month has passed, the locking term of the liquidity on Uniswap was coming to an end. To protect the project and PolkaCity Citizens, the team has decided to lock the liquidity for 6 more months. Proofs are given below:
https://unicrypt.network/amm/uni/pair/0xb5bd39fc0c57d902271ba6c5cd89c1510a37c0dd
https://unicrypt.network/amm/uni/token/0xaA8330FB2B4D5D07ABFE7A72262752a8505C6B37
4-OpenSea
There is a very high demand for PolkaCity Assets despite being a freshly launched project. 550 ETH worth PolkaCity Assets were sold on OpenSea at the time of writing. Opensea is one of the most respected and popular NFT Trading Platforms on the Ethereum Network.
5–3D&AR NFTs
The team has successfully developed and deployed 3D&AR NFT’s as promised. Due to their quality and prestige, there was a very high demand for the new assets, leading to record high sales. Most notably, Drone taxis were sold out within the initial day. There will be more 3D&AR NFT’s to come, and these assets will be available to be used in the upcoming PolkaCity game. Check out these examples:
6-Burning of Remaining Shopping Centers, Hotels, gas stations, and van taxis
After the sharp price increase, the APY’s of the Shopping Centers and Hotels were endangering the sustainability of the project and creating volatility on the $POLC token. To protect the ecosystem, the team has been lowering the APY’s every two weeks by increasing the asset prices. As a continuation of this manner, the team has decided to burn the unsold hotels and shopping centers and all of the remaining hotels, shopping centers, gas stations, and van taxis were burnt on the 28th of March. Polkacity team believes that this action will protect the investors from price fluctuations.
7-Binance Smart Chain & Pancakeswap
The plans to develop PolkaCity ($POLC) and PolkaCity Asset ($PCA) contracts for Binance Smart Chain and getting listed on Pancakeswap are in full effect. The team is now developing a contract to allow a safe and errorless bridge and swap between ERC and BSC. After completion, we have plans to list $POLC on Pancakeswap and to create a chance for our token to be bought with very low fees when they are on Binance Smart Chain.
Useful Links
Website: https://www.polkacity.io
Twitter: https://twitter.com/PolkaCity
Telegram: https://t.me/Polkacity
Medium: https://polkacity.medium.com/
Reddit: https://www.reddit.com/r/polkacity/
Github: https://github.com/POLKACITY
Coinmarketcap: https://coinmarketcap.com/currencies/polkacity/
NFT sales: https://www.polkacity.io/polka-city-new-asset-marketplace
Gate.io: https://www.gate.io/trade/POLC_USDT
Bilaxy https://bilaxy.com/trade/POLC_ETH
Coinbase Charts: https://www.coinbase.com/price/polka-city
DEXTOOLS https://www.dextools.io/app/uniswap/pair-explorer/0xb5bd39fc0c57d902271ba6c5cd89c1510a37c0dd
UNISWAP https://app.uniswap.org/#/swap?inputCurrency=0xaa8330fb2b4d5d07abfe7a72262752a8505c6b37
Disclaimer: None of the statements made here are financial advice, always DYOR.
