Hi everybody. . My name is Tatak. I personally really like blockchain technology? because this technology is very sophisticated and has its own uniqueness. on the other hand, blockchain technology has developed rapidly, even becoming popular all over the world. many local and private companies have participated in developing their projects using blockchain technology. and speaking of blockchain technology, most investors are familiar with (cryptoqurrency). yes I will explain that Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public keys and private keys are often used to transfer cryptocurrencies between individuals. However, because it is not tied to any particular country, its value is not controlled by the central bank. Examples of the main functions of cryptocurrencies, such as the fluctuating price of a coin depending on market supply and demand, which means it behaves like precious metals, such as silver and gold. Well related to that, this time I will bring you a very unique Defi project, and the project is called PolkaParty, a blockchain game project that is very fun, promising, unique, transparent, profitable and will certainly attract a large market investment.
What is PolkaParty?
PolkaParty (https://www.polkaparty.io/) is a user-friendly and easy-to-use platform that allows anyone to join a party, chat with members and be rewarded for group efforts. PolkaParty aims to create a favorable DIY DAO (party) service that is designed as a convenient passage for all participating “party” members to pool their funds for various activities and financial functions. To do that, it is expanding the PolkaDot ecosystem with an easy-to-use social network that exists to be the gateway to DeFi, DAO and many other exclusive features.
Key features of PolkaParty
Documentation
PolkaParty allows users to gain access to all of DeFi’s features by simply joining one of the parties it offers.
Voting models
In this case, the different parties will be formed by members, whose personal wallets are integrated to the parties’ wallet. Depending on the criteria set by the party at the time of its creation, parties will be formed by members who have voting power and some who do not have voting power.
POLP
POLP is PolkaParty’s governance token that will be used as a catalyst for most of the platform’s products and functions. Having POLP gives access to all kinds of fun giveaways including season passes, exclusive NFTs, advertising presales, rewards, etc.
Party Pass
A Party Pass is an NFT that can be purchased or earned. Party Pass NFT holders have early access to early stage project releases. These passes are valid for 3 months and can even be sold on NFT marketplaces such as OpenSea or Rarible.
Type of parties
Democracy: in the democracy party, each member has an equal vote in investment decisions and all decisions are made by majority vote.
Weighted democracy: in this case the weight of each party member’s vote is based on the percentage of the party’s total funds he or she owns.
Monarchy: in the monarchical party, one user controls the funds and makes investment decisions on behalf of the entire group.
Republic: In the republican party, a body of representatives is elected to make investments and important decisions on behalf of the party similar to a board of directors in a company.
Tokenomics
The main token of PolkaParty is POLP, a governance token that will be the deciding token in each of the different parties and will serve as a catalyst within the platform for any kind of function.
Token name: PolkaParty
Token symbol: POLP
Total supply: 200,000,000 POLP
POLP Price: $ 0.032
Conclusion
Polkaparty is a revolution without a doubt in the cryptocurrency and decentralized finance sector that will bring an added value never seen before in this sector. It will surely be a profitable project in the medium-long term as it is very innovative and is created in one of the fastest growing networks such as Polkadot.
Social Media Links
Website: https://www.polkaparty.io/
Whitepaper: https://polkaparty.gitbook.io/polkaparty/
Twitter: https://twitter.com/Polka_Party
Telegram: https://t.me/PolkaParty
Author
Forum Username: Tatank
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2463756
Telegram Username: @sonyZz
ETH Wallet Address: 0x0b65fc6f1b1b8bd2c51ce8a9f243e0051f6525a8