Blockchain
Polka City Is an Entirely Autonomous Contract-Based Metaverse, Where People Make Money While Playing 3D Game
Miami, Florida–(Newsfile Corp. – November 3, 2021) – Polka City is a first-of-its-kind contract-based virtual city, where investors can make profits through investments in gas stations, buildings, hotels, and car wash, among other investments. It combines the DeFi, Polkadot, and the NFT worlds to design a digital marketplace for investors. Polka City has NFT assets that have been traded for more than six months on Opensea, with up to 1,000 ETH transactions.
Polka City has successfully launched a number of products, including NFT marketplace, a 3D & AR NFT store, NFT Bridge, BSC-ETH, as well as an NFT treasure hunt game. All these products have been certified and audited by CertiK.
More so, Polka City is creating a game where it will require an NFT to navigate through a city. The game will also see investors driving their Bugatti, Polka City Lambo NFT, and NFT taxis through the city. Polka City guarantees a top-notch virtual investment experience for all categories of investors.
The Token
Polka City has a native token with the symbol “POLC”. While POLC assets are ERC-721 based, the token is BEP-20 and ERC-20 based. Investors can use this token to pay for transaction fees, and also purchase goods and services on the Polka City ecosystem.
Being a multi-chain project, investors can invest in several chains in POLC and NFT assets. Payments are made every week so long as you still own the assets. Polka City has recently incorporated Binance and Ethereum chains.
Public Demo
Demo videos are available for members of the public and investors to see. All the investments in the virtual city, including hotels, gas stations, buildings, and automobiles are assets that can yield passive income to investors. The game will hit the gamified market this December.
Polka City has exciting new games, active products, and a dedicated public team that will guide investors every step of the way. What’s more? The project also includes a casino, where profits will be shared among investors. The casino-based NFTs will be sold separately.
About Polka City:
Polka City is the world’s first 3D and AR NFT platform and video game. Polka City lets you earn profits by owning gas stations, virtual taxis, and other important services.
The team at Polka City consists of experienced and competent blockchain experts, who, with their various years of experience, ensures that investors enjoy a fun virtual investment experience.
Twitter: https://twitter.com/PolkaCity
Telegram: https://t.me/Polkacity
Discord: https://discord.gg/qNjGnsD3e4
Media contact
Company: Polka City
Contact Name: Carmelo Milian
E-mail: [email protected]
Website: https://www.polkacity.io/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101930
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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