PolkacityPrice

(POLC)

Polkacity is a multichain, GTA-inspired 3D and Augmented Reality (AR) NFT platform. It features a virtual economy where players own digital assets such as taxis, gas stations, and hotels. These assets function as virtual businesses that generate income for their owners within the game environment. The project has evolved into a comprehensive metaverse experience, allowing users to interact with their surroundings while managing a portfolio of functional NFT assets across different blockchain networks including Ethereum, BNB Smart Chain, and Metachain One.

To earn weekly payouts, users must hold specific Polkacity NFTs in their connected wallets. The rewards depend on the type of asset owned; for example, a taxi or a shopping center will yield different returns. The platform distributes a fixed amount of POLC tokens plus a percentage of the asset's virtual earnings every week. It is important to note that moving an NFT to a new wallet resets its claim counter, which may restart the maturation period required for certain bonuses.

Yes, the ecosystem offers "AI NFTs" designed specifically for automation. These unique assets allow owners to automate various in-game tasks, such as driving passengers or operating drones, without needing to be manually active in the game. By utilizing AI NFTs, participants can streamline their virtual operations and continue generating profits from their business assets passively, making the management of a large digital portfolio more efficient for those who cannot play the game continuously.

Store Credits are a form of reward used within certain versions of the Polkacity ecosystem. They represent earned value that users often seek to convert back into POLC tokens or withdraw to their external wallets. To manage these, users must "claim" them through the official Polkacity dApp. This process often involves interacting with Metachain One to benefit from lower fees, though users should ensure they are on the correct network to facilitate a successful withdrawal or conversion of these credits.

POLC is the primary liquid utility token used for purchasing in-game assets, paying for services, and general transactions within the metaverse. In contrast, vePOLC (vote-escrowed POLC) is obtained by locking your POLC tokens for a specified duration. Holding vePOLC is essential for participating in governance decisions that shape the future of the project. Additionally, vePOLC is used to provide boosts to staking yields, offering further incentives for users who commit to the long-term stability of the virtual economy.

Polkacity migrated much of its activity to Metachain One to offer a gasless experience. Users can bridge their tokens from Ethereum or BNB Smart Chain to Metachain One using the official bridge tool on the Polkacity dApp. It is crucial to use the correct contract addresses and ensure your wallet is connected to the proper network to view your assets. For trading and liquidity, POLC is available on exchanges such as LBank, providing users with a platform to buy and sell their tokens efficiently.