What is Polkacity (POLC), How and Where to Buy?

Esat Demirtaş 6 May 2023Last Updated: 6 May 2023

4 minutes read

What is Polkacity (POLC), How and Where to Buy?

Recently, NFT and metaverse-oriented projects and their cryptocurrencies are in the category of the most popular. Since Polkacity is both an NFT-focused and metaverse-focused project, and also earns money thanks to DeFi, both it and its native token unit, POLC Token, are attracting a lot of attention.

In this article, we will try to convey all the information we can transfer about Polkacity (POLC), along with the answers to the questions of what is Polkacity and what is the token token POLC Token.

Contents

What is Polkacity?

Polkacity is a multi-blockchain metaverse and NFT project that aims to revolutionize the ownership of digital assets by creating the world’s first 3D and AR platform.

Fatih, a senior physics engineer, co-founder of Blockchain Game Factory, who has more than five years of experience in cryptocurrency, is the marketing consultant of the project, together with Carmelo Milian, the lead software developer of the project, who previously worked at Microsoft and was one of the founders of OneCloud, a cloud computing company. Atalı is among the founders of the Polkacity project, which was announced in 2021. Also on the team are The Team, technology manager Murad Aliyev with over five years of experience in technology infrastructure projects, and Manuel Leal, an experienced web developer.

Users in Polkacity, which is on the Ethereum blockchain and plans to take part in both Binance Smart Chain and Polkadot blockchains in the near future; They can buy virtual taxis, gas stations, services and profit from their assets. Users receive weekly payments as the virtual city grows, combining different DeFi elements, holding NFTs that represent them. Polkacity is constantly expanding existing assets, including land and infrastructure.

When it was first released, Polkacity released a mobile app and desktop version of its virtual city. In the third quarter of 2021, it launched its marketplace where citizens can trade assets. In the future, the project plans to expand to different blockchains, adding additional NFTs such as neighboring cities and even continents.

In Polkacity, each NFT offers a different revenue range, from 1,500 POLCs for a compact taxi to 105,000 POLCs for a shopping mall. Players can raise the money through weekly network rewards payments as well as an additional share of earnings from the asset. In this way, players can take advantage of the game’s virtual economy.

Having made several interesting partnerships, including teaming up with former NBA star Baron Davis as an ambassador and sponsoring blockchain-related events in Miami, Polkacity aims to be the virtual equivalent of a real city mirrored in horse-drawn NFTs. Currently available for purchase in the Polkacity project:

Different types of taxis, from standard ones to limousines;
Electricity and gas stations,
Car related service stations such as car washes, rentals and repairs,
Hotels,
Restaurants,
Shopping malls
Entertainment venues such as discos.

What is POLC Token?

POLC Token is the native token used in NFT exchanges within the Polkacity project.

The supply distribution of POLC Token, which is an Ethereum ERC20 token unit and has a maximum supply of 250,000,000 (250 Million), is determined as follows:

7,500,000 pre-sales,
2.500.000 special sales,
25,000,000 UniSwaps and central crypto exchanges,
10,000,000 founding teams,
5,000,000 marketing studies and
200,000,000 platform rewards, with 25,000,000 circulating every 3 months.

Where to Buy POLC Token?

There are basically two different ways to buy POLC Tokens from UniSwap, a decentralized crypto exchange (DEX) or buy from centralized crypto exchanges that list POLC Tokens.

Long-term investors or those who want to take part in the platform can buy on UniSwap, as well as those who want to buy short-term or those who plan to constantly buy / sell, and beginners can choose central crypto exchanges that list POLC Tokens.

How to Buy POLC Tokens?

You can follow the steps below to buy Polkacity (POLC) on Gate.io, one of the central crypto exchanges listing POLC Token, also called Polkacity Token:

Log in to your Gate.io Exchange account. If you do not have an account on the Gate.io Exchange, click here to create one.
Transfer the amount of POLC Token you want to buy after logging into your account. You can use the Tron (TRX) cryptocurrency because of its affordable transfer fees.
After your transfer reaches your Gate.io account, go to the Markets page and type POLC in the search section and select the POLC/USDT parity.
On the page that opens, determine the amount you want to buy and click the Buy POLC button to complete the purchase.

If you are looking for a detailed guide on the use of Gate.io Exchange, you can review our article titled Gate.io Exchange and Detailed User Guide.

Frequently Asked Questions About Polkacity (POLC)

In this section you can find answers to the most frequently asked questions about both Polkacity and POLC Token.

What is POLC Coin?

Since Polkacity is located on the Ethereum blockchain, POLC is a token unit, not a coin, but many users use the term POLC Coin due to habit. Although usable, the term POLC Coin is a misnomer. Correct usage is POLC Token.

What is Polkacity Coin?

The term Polkacity Coin is a frequently used but incorrect term, just like the term POLC Coin. In fact, it should be Polkacity Token.

What is Polkacity (POLC) Project?

Polkacity (POLC) has a project to be the GTA of the blockchain and metaverse world if an analogy is to be made. It plans to both have a pleasant time for users and generate income with virtual assets.

On Which Exchanges Is Polkacity (POLC) Available?

Polkacity (POLC) can currently be purchased from the Gate.io Exchange in the fastest and most reliable way, apart from UniSwap. Apart from that, KuCoin can also be purchased from Huobi Global exchanges Polkacity (POLC).