Polkamon is exquisitely animated digital collectibles, with every having various shortage. These Polkamon’s are backed by a singular NFT that’s indistinguishable from some other NFT and will be unpacked utilizing $PMON tokens, the platform’s native ERC20 tokens. Every collectible on Polkamon is inimitable, genuine, and differs in rarity. The collectibles will be built-in into a number of blockchain-based merchandise, fashionable video games, and artwork.

Every Polkamon has a distinct form and attribute. A few of these traits are colour, glitter, horn, and ultra-rare. The Polkamon are in several colours and hues, which signify a shade of colours of the rainbow. The rarest Polkamon has glitter on them, and though every has a horn, the form of the horn is completely different. The ultra-rare Polkamon is described because the diamonds of the Polkamon universe as they’re extraordinarily tough to search out (because of restricted mintage).

Polkamon Collaborative Partnership

Partnerships in any market are supposed to propel the concerned events ahead by opening them as much as extra prospects and use circumstances. Polkamon had varied partnerships within the current previous that are supposed to profit the platform in its cross-chain journey.

Polkamon partnered with Polygon to learn from extraordinarily low transaction charges and the Chainlink integration. The partnership serves to carry Polkamon nearer to its purpose of creating the platform simply accessible and cheaper for customers. By the partnership, Polkamon will use Polygon to fetch random numbers from Chainlink’s VRF whereas additionally leveraging this partnership to launch a particular limited-edition Polygon-themed Unifairy.

The beginning of April was marked by one more partnership with Elrond, the internet-scale blockchain designed to carry a 1000-fold cumulative enchancment in throughput and execution velocity. The partnership is supposed to carry the Manifold Universe of Polkamon to Elrond. By the partnership, Polkamon took a step in the direction of making Polkamon extra accessible to its customers. According to the announcement, Polkamon shall be absolutely built-in into the Elrond blockchain by Q3 2021, permitting collectors to reap the benefits of Elrond’s superior UX when opening Boosters and minting NFTs (whereas additionally benefiting from decrease fuel charges). This partnership additionally noticed the launch of a restricted version Elrond Uniragon.

Polkamon lately introduced its current partnership with the Tixl group, which makes use of the TXL token to construct a single high-performance community for a brand new period of DeFi, cost, and banking. Polkamon will use Tixl’s decentralized cross-chain bridge to permit ERC20-BEP20 transactions, so the bridge will enable customers to swap $PMON ERC20 to $PMON BEP20 at a small transaction charge. Polkamon created a particular version Tixl Unibranch to commemorate this partnership.

Polkamon additionally introduced that its Manifold Universe can be launched to BSC in Q2 of 2021. This can enable customers to purchase $PMON on BSC utilizing Pancakeswap. This new improvement shall be made attainable by the Tixl partnership, as its bridge will make Polkamon accessible in BSC DEXs. Subsequently, customers can use $PMON purchased on BSC to open Booster packs on the Ethereum community.

Polkamon Staking

The Polkamon Staff is dedicated to well timed upgrades to its platform in addition to fulfilling the roadmap guarantees. As such, it has launched its staking platform that has supplied one other compelling improve to $PMON metrics, with the power to earn extra tokens whereas staking. The Staff has lately launched an iOS app to permit customers to entry and benefit from the manifold universe of polkamon through their cellular gadgets.

The introduction of the staking pool comes with a each day minimal for the rewards, whereby for the primary 90 days, 200$PMON shall be faraway from the charge pockets and added as rewards to stakers. The platform will reward those that stake for longer intervals by offering a lift to their participation of their staking pool.

To take part in staking, customers are required to lock up their tokens. Nevertheless, the rewards from staking are usually not locked, and customers can entry them at any time. Subsequently, they are often withdrawn and used to restake or open booster packs.

Polkamon has additionally made it attainable for customers who stake not less than 100 $PMON to be eligible to take part in deliberate weekly and month-to-month particular version Polkamon NTF airdrops. By this mechanism, customers have the chance to personal uncommon and worthwhile Polkamon. 

The staking mechanism is used to reward lively customers and appeal to extra to the platform and staking pool. Customers can stake a number of occasions from their account and obtain a number of staking NFTs in return.

Trying Ahead

Polkamon’s continued partnerships have allowed the platform to introduce uncommon NFTs and collaborate with different platforms within the blockchain house.

The NFT market has grown in leaps in 2020 and 2021 with the launch of revolutionary platforms providing worth to customers. Polkamon has created a singular ecosystem the place customers can expertise the joys of unveiling uncommon digital monsters unavailable on some other platform. The know-how behind this platform ensures that there’s a continued improve in shortage of the NFTs, such {that a} person can maintain their distinctive collectible with the arrogance that it’ll acquire worth with time.