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PolkaCity Price

(POLC)

AUD(A$)

Note: This cryptocurrency has not yet been officially listed on KuCoin.

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PolkaCity (POLC) Live Price Chart

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    POLC(POLC) Profile

    altRank3466
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    ATH
    A$4.09
    Price Change (1h)
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    Price Change (24h)
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    Price Change (7d)
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    Market Cap
    24h Volume
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    Circulating Supply
    190,025,935
    Max Supply
    432,525,934

    About PolkaCity

    • What Is Polkacity (POLC) Crypto?

      Polkacity aims to revolutionize the ownership of virtual assets by offering a 3D and augmented reality (AR) NFT platform that operates on multiple blockchains. Its goal is to expand its offerings to include neighboring cities, continents, and additional NFTs in the future.

      The Polkacity platform allows users to engage in activities such as buying, selling, and renting virtual properties in the digital city. These properties include virtual real estate, vehicles, and other assets. Polkacity is known for its gamified approach to virtual city management, allowing users to earn POLC tokens by participating in various in-game activities and transactions.

      Polkacity is a multi-chain metaverse that allows individuals to generate passive income by holding NFTs. It acts as a virtual city where users can invest in virtual assets such as taxis, gas stations, land, and infrastructure. By owning these assets represented by NFTs, users can receive weekly payments as the virtual city grows, incorporating different elements of decentralized finance (DeFi).

      POLC, an Ethereum-based ERC-20 token, is the native utility token for the Polkacity metaverse. It is used for various purposes within the Polkacity universe, including transaction fees, purchasing and developing NFT assets, and acquiring governance NFTs for voting on the game's development and decision-making.

      According to the Polkacity tokenomics, the total supply of POLC tokens is 250 million, with the distribution as follows: 200 million POLC allocated to platform rewards, released in stages over time; 25 million POLC for liquidity and exchange listings; and the remaining amount for other purposes.

    • How Does Polkacity Work?

      Polkacity is a virtual city management game with a strong blockchain and cryptocurrency component. Users can participate in the virtual economy by acquiring, managing, and trading virtual assets, potentially earning passive income through AI NFTs. Here’s an overview of how Polkacity works:

      Virtual Properties

      Users can buy, sell, and rent virtual properties within the Polkacity ecosystem. These properties include virtual real estate, vehicles, and other assets.

      Gamification

      The platform offers a gamified approach, allowing users to earn POLC tokens by engaging in various in-game activities and transactions. This includes activities related to the management and trading of virtual properties.

      AI NFTs for Generating Passive Income

      Polkacity introduces AI NFTs that can provide passive income. For example, AI NFTs offer a weekly passive income in the form of POLC tokens, providing a return on investment for token holders.

      Interactivity

      Polkacity aims to provide an interactive experience where users' avatars can freely move around the virtual city and interact with other players.

      Crypto Investment

      POLC tokens can be traded on various cryptocurrency exchanges, including KuCoin, allowing users to buy, sell, and invest in this digital asset.

    • History of Polkacity and POLC Coin

      Polkacity is a virtual city blockchain project that was launched at the beginning of 2020. The project is led by Carmelo Milian, a seasoned developer with 12 years of experience at Microsoft and co-founder of the cloud computing firm OneCloud.

      The project gained significant traction in 2021. In February of that year, Polkacity successfully completed a private sale, and by April, the value of its native POLC coin had increased by 25 times. This rapid growth was a testament to the project's innovative approach and the strong leadership of Milian.

      In the second quarter of 2021, Polkacity was listed on several exchanges, further increasing its visibility and accessibility to investors. Around the same time, the project launched its own NFT marketplace. This platform became a hub for digital artists and collectors, offering a unique space for interaction and transaction.

      One of the major developments in 2021 was the launch of Polkacity's Metaverse Art Gallery NFT in February. This digital art gallery attracted a wide range of digital artists and offered an interactive experience for players, allowing them to engage with the art before making a purchase.

      Polkacity also secured a high-profile partnership with two-time NBA All-Star player Baron Davis, further boosting its reputation and reach.

    • What Is the POLC Token Used for?

      POLC is the native token of the Polkacity ecosystem and has the following use cases:

      Pay Transaction Fees on Polkacity

      POLC is used as a medium of exchange to pay for transaction fees within the Polkacity ecosystem. Whenever users buy or sell assets, participate in auctions, or perform other transactions, they may need to pay a fee in POLC.

      Purchase and Develop NFTs

      NFTs represent virtual assets within Polkacity, such as land, buildings, cars, hotels, gas stations, and more. POLC tokens can be used to purchase these NFT assets from the marketplace. Users can also use POLC to develop and upgrade their existing assets, enhancing their earning potential.

      Support Governance of Polkacity

      Holding certain governance NFTs allows users to participate in the decision-making process of the Polkacity metaverse. These governance tokens, acquired with POLC, grant users voting rights to influence the development and future direction of the game.

      Earn Passive Income on Polkacity

      By owning NFT assets, users can earn passive income through POLC tokens. The more assets a player accumulates, the higher their potential weekly earnings can be. You can also stake POLC on Polkacity to earn NFT rewards.

      Cross-chain Transfers

      POLC can be used for quick transfers, including cross-chain transfers between different blockchains. This feature enables users to exchange POLC tokens with other blockchain-based assets like Ethereum (ETH) and Binance Coin (BNB).

    FAQ

    Is Polkacity (POLC) a Good Investment?

    Here are some reasons why you could add $POLC to your crypto portfolio:

    Metaverse Investment

    Polkacity is an autonomous contract-based metaverse where you can invest in virtual cities using 3D and AR NFTs. This allows you to participate in the growing metaverse trend and potentially benefit from its expansion and adoption.

    Diverse NFT Assets

    Polkacity offers a variety of digital NFT assets, including virtual properties like petrol stations, limousines, restaurants, hotels, and more. These assets can provide income and appreciation potential, making your investment portfolio diverse.

    Generate Passive Income

    Ownership of virtual assets within Polkacity can generate income. For instance, owning a virtual taxi station can generate rental income from in-game activities, contributing to your overall returns.

    What Is Polkacity Price Prediction?

    While we cannot offer an accurate POLC price prediction over any duration, you could keep an eye on the following factors to better understand the price action in the Polkacity cryptocurrency:

    Level of Adoption of Polkacity App

    The adoption of Polkacity's platform and the utilization of its virtual assets can drive demand for the token and influence the Polkacity price. As the ecosystem grows and more users participate, it can lead to increased Polkacity value.

    Level of Competition Among Metaverse Projects

    Competition from other metaverse and cryptocurrency projects can impact POLC's competitiveness. Investors may allocate their funds to alternatives, affecting the POLC token price.

    Future Developments in the Polkacity Roadmap

    News and updates about the progress and development of the Polkacity project can affect the POLC price. Positive developments, partnerships, or the release of new features or products may generate increased interest and demand for POLC, potentially driving the POLC to USD price.

    Crypto Market Conditions

    The overall market conditions and sentiment in the cryptocurrency market can influence the price of POLC and other tokens. Factors such as market trends, news events, regulatory developments, and investor sentiment toward cryptocurrencies can impact the $POLC price.

    How to Earn on Polkacity

    To earn on Polkacity, here are some steps you can take:

    1. Invest in In-Game Assets

    Polkacity is a play-to-earn game where you can make money by investing in in-game assets. These assets could include properties like land, buildings, cars, hotels, gas stations, and more. By owning these assets, you can generate passive income from the game's native currency.

    2. Earn Passive Income

    The assets you own in Polkacity have the potential to generate regular income for you. This income can come from various sources, such as rental income from properties or revenue from businesses like gas stations. Your potential earnings could increase as the game grows in popularity and more users engage with the platform.

    3. Participate in Auctions

    Polkacity occasionally holds auctions where you can bid on unique and exclusive assets. By participating in these auctions and winning bids, you can acquire valuable assets with the potential for higher returns.

    4. Upgrade and Develop Assets

    You can also increase your earning potential by upgrading and developing the assets you own. For example, you can improve the infrastructure of a gas station or add additional features to a hotel. These upgrades can enhance the income generated by your assets.

    5. Trade Assets on Polkacity Marketplace

    Polkacity has a marketplace where you can buy and sell assets with other players. If you acquire valuable assets that appreciate in value over time, you can potentially sell them for a profit in the marketplace.

    How to Stake POLC on Polkacity

    To stake POLC on Polkacity, please follow these steps:

    1. Visit the official Polkacity dApp and navigate to the Stake section under the Platform tab.

    2. Connect your compatible cryptocurrency wallet to the Polkacity platform. Buy POLC on KuCoin or other supported platforms to fund your wallet.

    3. Select the NFT asset that you want to stake from your wallet. The available options may include taxis, hotels, gas stations, or other assets within the Polkacity metaverse.

    4. Click Stake under the NFT of your choice and enter the number of POLC tokens to stake based on the requirements mentioned.

    5. Review the staking details carefully, including the duration of the staking period, any associated fees, and the rewards you can expect to earn. Make sure you understand and agree to the terms before proceeding.

    6. Confirm the staking transaction through your connected wallet.

    7. After staking your POLC tokens, monitor the staking period's progress. Depending on the staking rules, you may need to wait for a specific duration before claiming your rewards. Once the staking period is complete, you can claim your NFT rewards from the Polkacity platform.

    What Is the POLC Mining Farm Island?

    The POLC Mining Farm Island is a unique feature within Polkacity, a metaverse game. It allows owners of specific mining NFTs to participate in virtual Bitcoin mining. Here's how it works:

    1. Concept: While POLC cannot be mined since it is an ETH and BSC token, the Polkacity team has created a virtual mining farm island within the game. This island represents a real-life mining farm located in Texas, USA.

    2. Mining NFT Ownership: Players must own specific mining NFTs associated with the program to participate in mining activities. They can obtain these NFTs through various means, such as participating in auctions or purchasing them from other players.

    3. Mining Bitcoin: Once players own the necessary mining NFTs, they can participate in virtual Bitcoin mining. The mining process represented in the game involves extracting Bitcoin from the virtual mining farm on the island.

    4. Bitcoin Conversion: The Bitcoin virtually mined from the farm is converted into POLC tokens. The team uses the mined Bitcoin to buy POLC tokens from the market.

    5. Distribution to Mining NFT Owners: The purchased POLC tokens are then distributed among the owners of the mining NFTs. The distribution is based on factors such as the ownership percentages or other predetermined criteria associated with the specific mining NFTs.

    6. Potential Impact: The POLC Mining Farm Island aims to provide additional incentives for players and holders of mining NFTs by offering a real-world value proposition. By connecting virtual Bitcoin mining with the acquisition of POLC tokens, it aims to create buy pressure in the market and potentially increase the value of POLC tokens over time.

    What is the all-time high price of PolkaCity (POLC)?

    The all-time high price of PolkaCity (POLC) is A$4.09. The current price of POLC is down -- from its all-time high.

    How much PolkaCity (POLC) is there in circulation?

    As of 8 13, 2026, there is currently 190,025,935 POLC in circulation. POLC has a maximum supply of 432,525,934.

    How do I store PolkaCity (POLC)?

    You can store your PolkaCity in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your POLC include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.