Complete set of Polkamon project and PMON cryptocurrency

• What is Project Polkamon?
• Features of Polkamon
• Pros and cons of the Polkamon . project
• Polkamon Cryptocurrency Trading Guide
• Conclude

Project Polkamon? Pronunciation sounds like the familiar Pokemon childhood game, right? You might be surprised that they are actually related. Today's article will share with readers very interesting information about this project. Follow along!

What is Project Polkamon?

Polkamon project concept

Polkamon is a project that allows users to create digital collections of Pokemon-like cartoon characters based on Blockchain technology. Each Polkamon is backed by a unique NFT and can be decompressed with the project's PMON token. The ecosystem possesses a rich store of data, giving Polkamon unique characteristics in terms of color, sparkle, rarity, etc.

Each Polkamon is backed by an NFT.

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Polkamon . project development team

The core team of the Polkamon project consists of 3 main members: CEO & Software Engineer Leif Eric Leiser, CMO & Software Engineer Lennart Brandt and Fullstack Software Engineer Finn Hansen. They all have experience in technology and NFT, but have not recorded too many outstanding achievements.

Polkamon project development team.

Besides, Polkamon also attracted the attention of many investors such as: Moonrock Capital, Morningstar Ventures, Ascensive Assets, Divergence Ventures, DFG.

The development process of the Polkamon . project

Although there is not much information about the development process of the project, readers can still refer to the Roadmap below to partially understand the current and future roadmap of Polkamon:

• The project started by integrating with music to bring the ecosystem to life.
• App release project, Widgets, Polkadet.
• The project carried out the integration of new Polkamon.
• The project launched the Staking mechanism to receive rewards.
• The project continues to launch Super Rare Polkamon.
• The project implements the Layer 2 plan.
• The project introduces the fighting feature for Polkamon.

Features of Polkamon

Deposit

Users can stake PMON and Polkamon cryptocurrencies to receive rewards every time there is a swap between PMON and Polkamon.

Polkamon is a cross-platform token

Polkamon is currently available on Blockchains like Ethereum and Polkadot . Users access the Polkamon ecosystem using PMON tokens. In addition, you can also find Polkamon specific to each network.

Creditial

The PMON token both provides liquidity to Polkamon, and also provides a swap mechanism.

Super deflation

Polkamon ensures asset scarcity through the burning of a set number of PMON coins.

Scarcity

Each Polkamon is unique and has different levels of scarcity. There are even types that are defined as extremely rare.

Pros and cons of the Polkamon . project

Advantage

Polkamon is inspired by a famous game with a large fan base, which helps Polkamon since its launch to own a certain number of users.

Polkamon is a cross-chain, which can be integrated on many Blockchain platforms to help users conveniently get in and out.

The project possesses outstanding features that significantly increase liquidity.

Not only stopping at creating unique Polkamon creatures, the platform allows the development of applications that can be exchanged, traded and competed between Polkamon. 

Defect

The rival project Axie Infinity with a similar operating mechanism also shows a lot of potential for development.

The development roadmap of the project is available but not yet clear.

Read more: Axie Infinity project development journey and AXS cryptocurrency .

What you need to know about PMON token

Functions of the PMON . cryptocurrency

PMON is the token of the Polkamon project. It plays several key roles as follows:

PMON token helps to unlock the collection.

Use PMON token as reward for Staking.

The PMON token helps to release NFTs. Each time Swap, a certain amount of PMON will be burned thereby reducing the supply of PMON. This function increases the liquidity of NFT in the ecosystem.

PMON Allocation

PMON Token will be allocated according to the following ratio:

Public Sale: 2.85%

Strategic Sales: 37.15%

Reserve fund: 10%

Marketing and business development: 20%

Provide liquidity: 20%

Development team: 10%

Allocate PMON tokens.

Basic information about PMON

• Price: 5.87 USD (price updated at the time of writing 06/16/2021).
• Market capitalization: 13.6 million USD.
• Total supply: 9.8 million.
• CoinMarketCap ranking position: 883.

Polkamon Cryptocurrency User Guide

How to own PMON token

Buy PMON directly on Polkamon-supported exchanges after listing.

Swap NFT to get PMON.

Staking PMON and Polkamon.

Buy and sell PMON Token on wallet.

How to store cryptocurrency Polkamon

Similar to other ERC20 Token cryptocurrencies, there are many wallets that support Polkamon storage. 

Some highly rated ERC20-enabled ETH wallets today include: Trust, Ledger, MEW, Imtoken,....

In addition, you can also store it on ETH wallets of exchanges for easy trading.

Exchanges that support PMON

Although the ICO was new at the end of March 2021, so far Polkamon has been present on many large and small exchanges. Some names can be mentioned such as: Hotcoin Global, Gate.io, PancakeSwap (V2), MXC.COM, ..

Conclude

Anime art has grown tremendously in recent years. With this popularity and growth, it seems natural to transition from physical anime collections to interactive NFT anime collections. However, Polkamon not only represents art, but also a truly unique virtual proposition with relatively high applicability. A good example of a project boom is the fact that Bitcoin Dragon Polkamon NFT has just been listed with a price of up to 75 ETH in April 2021. Specifically, Polkamon NFT Bitcoin Dragon has been listed on the OpenSea NFT market for 75 ETH, equivalent to nearly 172,000 USD. The product has some very outstanding features, a tiny dragon with glittering gold color and tiny horns. In particular, the animation of the dragon that can spit fire and the Bitcoin moon is very interesting.

Polkamon NFT Bitcoin Dragon has been listed on the OpenSea NFT marketplace for 75 ETH.

If you are a big fan of Pokemon video games then you will definitely be interested in this Polkamon project. Just help entertain, satisfy your passion, return to your childhood and still be able to make money on a modern technology platform. Follow TraderH4 to learn more about many other potential projects!

Note: This article is for informational purposes only and should not be considered investment advice. Cryptocurrency investment is a form of risky investment, you only participate with the amount of capital that can be lost.