Polkarare

PRARE Price

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.

What makes PolkaRare unique

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.

What's the history 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's next for PolkaRare

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.

What can PolkaRare be used for

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. 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.

Where can you buy Polkarare?

PRARE tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Polkarare is Gate, where the most active trading pair PRARE/USDT has a trading volume of $347.74 in the last 24 hours.

What is the daily trading volume of Polkarare (PRARE)?

The trading volume of Polkarare (PRARE) is $380.71 in the last 24 hours, representing a 31.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Polkarare (PRARE)?

Polkarare (PRARE) reached an all-time high of $1.35 and an all-time low of $0.00006718. It’s now trading -100.00% below that peak and 42.90% above its lowest price.

What is the market cap of Polkarare (PRARE)?

Market capitalization of Polkarare (PRARE) is $5,023.82 and is ranked #10579 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PRARE tokens (52 Million tokens are tradable on the market today).

What is the fully diluted valuation of Polkarare (PRARE)?

The fully diluted valuation (FDV) of Polkarare (PRARE) is $9,598.18. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million PRARE tokens are in circulation today. Depending on how the emission schedule of PRARE tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Polkarare compare against its peers?

With a price decline of -63.30% in the last 7 days, Polkarare (PRARE) is underperforming the global cryptocurrency market which is up 9.20%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 0.00%.

How to add Polkarare (PRARE) to MetaMask?

Adding Polkarare (PRARE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PRARE as a token. You can copy PRARE’s contract address (0x2c2f7e7c5604d162d75641256b80f1bf6f4dc796) and import it manually, or if you've installed MetaMask's chrome extension, add PRARE to MetaMask with one click on CoinGecko.

Add PRARE to MetaMask.