No Regulation

Reputation Ratings

PolkaCity

China

|

2-5 years

2-5 years|Suspicious Regulatory License|Medium potential risk
1 Comments
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Influence

E

Influence
E

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No effective regulatory information has been founded yet, please pay attention to the risks!

WikiBit Risk Alerts

1
Previous Detection 2024-11-15

It has been verified that this Project currently has no valid regulation, please be aware of the risk!

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Time Machine

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Company Name
PolkaCity
Regulatory Status
No Regulation
Abbreviation
PolkaCity
Platform registered country and region
China
Phone of the company
--

User Reviews

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1 ratings

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atsucha
The idea behind polkacity is very unique. Users can purchase and own virtual taxis, gas stations, and services and earn interest on their assets. By holding the NFTs representing them, users receive weekly payments as the virtual city combining different DeFi elements grows. Polkacity is constantly expanding the available assets, now also including land and infrastructure.
2022-12-22 09:41
0

PolkaCity is a unique cryptocurrency project that combines the elements of a virtual asset investment platform with a gamified digital landscape. It operates on the Ethereum and Polkadot blockchains, allowing users to invest in virtual city assets such as taxis, gas stations, and services. These assets generate profits for their owners in the form of PolkaCity tokens (POLC), which can be used within the ecosystem or traded on various exchanges.

The platform leverages blockchain technology to provide a secure and transparent environment where users can earn passive income through asset ownership. By simulating real-world economic interactions in a virtual setting, PolkaCity offers an innovative approach to decentralized finance and digital investments, making it an intriguing option for those interested in combining gaming with cryptocurrency investment.