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What is PolkaRare? PolkaRare is a web3 economy to create, trade, and discover NFTs. Powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain, PolkaRare offers artists a seamless onboarding experience without the need to use Metamask or make contract transactions on their own. PolkaRare provides a range of tools to users to unlock the maximum potential of NFTs. $PRARE is the native token of PolkaRare used for governance, staking rewards, medium of exchange, NFT farming, etc. Who is the Founder of PolkaRare? PolkaRare is founded by Pramod Mahadik, a professional software developer. Pramod has over eight years of experience in building projects and has previously served at Rediff and Halalbox. Pramod has over four years of experience in the Blockchain space. He is a successful influencer and venture capitalist who has been advising multiple portfolio projects for development and team building. What is The USP of PolkaRare? PolkaRare offers NFT creation, NFT trading, multi-token support, community rewards, support licensed content drops, price discoverability, and charges low network fees. Currently, most of the NFT platforms are based on Ethereum. However, the high traffic of the Ethereum network creates various issues in creating and trading NFTs. PolkaRare aims to become a multi-chain NFT platform, where creators and users can optimize the blockchains and seamlessly transfer them across different networks. PolkaRare NFT creation will start on Ethereum and Polygon chains. In the next phase, the NFT will be added to the BSC and will be extended to other blockchain networks gradually. How many $PRARE are there in Circulation? PRARE is PolkaRare's utility and governance token. Total Supply : 100,000,000 PRARE Hardcap: $2,200,000 Total Tokens be Sold: 36,375,000 Percentage be Sold (Seed + Private + IDO): 36.375% Token utilities: Governance: $PRARE holders will be able to propose and vote on key proposals; a portion of platform transaction fees will be used for the governance rewards. Medium of exchange: PRARE is used as a primary mode of payment on PolkaRare Staking Rewards: Stakers will be rewarded with platform fees. Stake PRARE to earn PRARE. NFT Farming: Stake PRARE to farm rare NFTs Exclusive NFT drops: PRARE holders will get exclusive drops from the collectibles product. Token Distribution and Lock-Up Process: Seed Round: 12.50% Private Round 1: 12.50% Private Round 2: 9.375% (Initial Dex Offering)IDO: 2.00% Ecosystem Fund: 9.625% Marketing/Grants/Partnerships: 10.00% Advisors: 3.00% Team: 12.00% Company Reserve: 10.00% Operations: 4.00% Marketplace Mining & Staking: 12.00% Exchanges & Liquidity: 3.00% What are the Features of PolkaRare’s Products? PolkaRare’s products are designed to attract the average user to its platform. Its main features are Multichain NFT marketplace NFT Wallet Collections NFT Collateralized Loans Royalties Unlockable content: NFT price discoverability protocol Social features Multi content support
The current price of 1 Polkarare (PRARE) in USD is $0.001198.
This price is currently -99.91% than its all-time high (ATH) of $1.350,
and 8.96% than its all-time low (ATL) of $0.001100.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Polkarare’s price.
The market capitalization of Polkarare (PRARE) is $61,130.00 as of today.
Polkarare (PRARE) is currently ranked #6845 in the market, and this market cap is calculated by multiplying the current price of Polkarare with the circulating supply.
The circulating supply of Polkarare (PRARE) is 51,048,817, meaning there are 51,048,817 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Polkarare (PRARE) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Polkarare (PRARE)’s official platforms.
The trading volume of Polkarare (PRARE) today is $162.80.
This represents the total value of Polkarare (PRARE) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Polkarare (PRARE) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Polkarare's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Polkarare (PRARE) to make well-informed trading decisions.
The all-time high (ATH) price of Polkarare (PRARE) is $1.350.
This ATH was reached on 11 May 2021, marking the highest value ever for Polkarare (PRARE) in the market.
Currently, Polkarare is lower than its ATH by -99.91%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Polkarare, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Polkarare (PRARE) is $0.001100.
This ATL was reached on 01 Jan 2025, marking the lowest value ever for Polkarare (PRARE).
Currently, Polkarare is higher than its ATL by 8.96%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Polkarare (PRARE), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Polkarare (PRARE), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Polkarare (PRARE) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Polkarare against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Polkarare.
4. Place an Order: After funding your account, navigate to the Polkarare (PRARE) trading pair (e.g., Polkarare/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Polkarare in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Polkarare (PRARE).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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