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About POLKARARE

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. Who is the Founder 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 is The USP of PolkaRare? 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. How many $PRARE are there in Circulation? PRARE is PolkaRare's utility and governance token. Total Supply : 100,000,000 PRARE Hardcap: $2,200,000 Total Tokens be Sold: 36,375,000 Percentage be Sold (Seed + Private + IDO): 36.375% 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. Token Distribution and Lock-Up Process: Seed Round: 12.50% Private Round 1: 12.50% Private Round 2: 9.375% (Initial Dex Offering)IDO: 2.00% Ecosystem Fund: 9.625% Marketing/Grants/Partnerships: 10.00% Advisors: 3.00% Team: 12.00% Company Reserve: 10.00% Operations: 4.00% Marketplace Mining & Staking: 12.00% Exchanges & Liquidity: 3.00% What are the Features of PolkaRare’s Products? 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

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4/20/2025, 6:50:01 PM

Market Stats

Market Cap

$8,821.74

0.54%

FDV

$77,497.51

Circulating Supply

11,383,252.701 PRARE

Max Supply

100,000,000 PRARE

Total Supply

100,000,000 PRARE

Diluted Valuation

$77,302.00

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$65,561.98

-0.04%

Volume (7D)

$510,335.24

Volume (30D)

$2,172,923.74

All time high

$1.40

Overall Price Change (1Y)

-0.72%

Additional info about POLKARARE

Recent trends

The price of POLKARARE has decreased by 0.00% in the last hour and increased by 0.94% in the past 24 hours. POLKARARE’s price has also risen by 15.11% in the past week. The current price is $0.000774 per PRARE with a 24-hour trading volume of $65.56K. Currently, POLKARARE is valued at 99.94% below its all time high of $1.40. This all-time high was the highest price paid for POLKARARE since its launch. The current circulating supply of POLKARARE is 11,383,252.701 PRARE which means that POLKARARE has as total market cap of $8,821.74.

Market details

PRARE vs markets

↘ 75.91%

PRARE vs BTC

↘ 78.23%

PRARE vs ETH

↘ 43.52%

Tags

art

marketplace

collectibles-nfts

polkafoundry-red-kite

Network & Addresses

Network
Address

Ethereum

0x2C2f7e7C5604D162d75641256b80F1Bf6f4dC796

Price history

Time
Price
Change
Today
$0.000774
↗ 0.68%
1 Day
$0.000768
↗ 0.94%
1 Week
$0.000673
↗ 15.11%
1 Month
$0.000921
↘ 15.88%
1 Year
$0.0027
↘ 71.60%

FAQ

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