In today's digital economy, terms like “cryptocurrency,” “decentralized finance,” “blockchain,” and “nonfungible tokens” (NFTs) are commonplace. Potential investors will be unable to make any sense of the jargon unless it is defined clearly. Smart investors will take advantage of every potential that a virtual city has to offer, just like with any new technology.
Smart investors can invest their money in a metaverse without having to fill out a slew of paperwork. And, of course, they'll make a reasonable profit. The PolkaCity team plans to create a similar metaverse.
A Brief History of Polkacity
Investors may access a variety of assets through a platform called “PolkaCity,” which combines the strengths of decentralized finance, nonfungible tokens, and Polkadot.
the policy has proven itself to be one of the most promising initiatives in the metaverse, with 40x the dip and $50 million volume every day. Bittrex, Gate.io, MXC, BKEX, ZT Exchange, Uniswap, and PancakeSwap are just a few of the exchanges that include PolkaCity on their lists. Their current goal is to be listed on a centralized exchange of the highest caliber (CEXs).
Polkacity Is a Game That Takes Place in a Metaverse
It is planned that PolkaCity will debut its virtual city metaverse game on December 31st. The establishment of a virtual city is intended to remove unnecessary processes and paperwork associated with investments made by investors, as well as to act as a reward for all of their efforts.
Players and investors from all over the world will be able to make investments in a variety of properties, including elegant hotels, suites, petrol stations, taxi services, and other critical services. An NFT will be used to represent each and every digital item.
https://twitter.com/PolkaCity/status/1490447389471166468?cxt=HHwWiMCy3aCAka8pAAAA
The growth of the virtual city will be aided by the combination of multiple DeFi aspects. Holding an NFT that symbolizes digital assets will provide players and investors with a return in the form of weekly payments as the virtual city expands.
Project Polkacity
If you're looking for a project that combines Polkadot's decentralized finance and NFTs with a marketplace where investors can buy and sell digital assets, PolkaCity is the best of the best. By gaining $50 million worth of volume per day and doubling from the slump, the initiative proved its worth.
PolkaCity is the world's first 3D and AR NFT multichain platform. For this project, the metaverse, NFTs, and DeFi are used to construct a virtual city that investors may spend their resources in and expect a good return on their investment (ROI) (return on investment). Additionally, the virtual reality and augmented reality gaming industries have lent their support to the initiative. To alter virtual reality and gaming ecosystems, NFT, DeFi and Polkadot have been merged to form the team behind PolkaCity.
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Polkacity Demos Video
Videos of gameplay demonstrations and new features have been provided by PolkaCity. Videos of the virtual city on an island, complete with a wide variety of buildings, residences, streets, and green spaces, may be seen in action.
In order to distinguish the NFT buildings, they have been given the brand's primary hue. Walking, running, and otherwise interacting with the virtual world are all possible.
The game begins with the title Polkaworld and a bird's eye view of the island; players can build or join a server, with a server cap of 16 for the time being. One may choose every aspect of their avatar's appearance, from the color of their hair to the style of their shoes.
Vehicles owned by players, such as Bugattis, maybe spawned from kiosks and driven about the island. Streaming videos and going to the disco are both demonstrated in the demo. Metaplot 105, for example, is available for purchase on the island for 10,000 POLC and has the serial number and price of Metaplot 105 listed on it.
Polkacity's Team
- The PolkaCity project is led by Carmelo Millian, a co-founder of OneCloud who formerly worked for Microsoft.
- The project's marketing adviser is Fatih Atali, a co-founder of Blockchain Game Factory.
Technological manager Murad Aliyev has five years of expertise in technology infrastructure projects. - The project's veteran web developer is Manuel Leal.
- The project's business development manager is Aramark Healthcare's general manager, Caleb Jurchisin.
- The development team's advisor is Gregory Frank, a partner at Frank LLP.
NFT Marketplace, Polkacity
Smart investors might find a haven for their funds in the PolkaCity NFT marketplace. Private investors may put their money into the virtual city and earn passive income from various assets, such as hotels, discos, taxis, hotdog shops, and car washes.
PolkaCity makes advantage of the metaverse's power, DeFi's, and NFT's to accomplish just that.
Investors and everyone else in the community have a reason to cheer now that the NFT ecosystem has come on board.
Conclusion
Project PolkaCity is an effort to construct a virtual representation of a real-world metropolis in a virtual universe. Digital assets in NFT form are what pique the interest of potential buyers. In addition, the project combines a number of current hot issues, such as DeFi and NFTs, into a single platform for 3D and augmented reality.
By the end of 2021, the project's 3D game is expected to go live, allowing people to escape into the metaverse. The launch will feature the release of some frozen POLC tokens, which is certain to enhance the use of tokens, which may even lead to an increase in the token's price. Prices might tumble much more.
Cryptocurrencies and NFTs might revolutionize the gaming industry as a result of this initiative. If the platform's information on the project is accurate, this might be a game-changer for the gaming industry in 2022 and beyond. However, it's too early to draw any conclusions.
