Polka Domain Ecosystem Tokenomics

Published on: 11.04.2021

PolkaDomain is the decentralized, privacy preserving blockchain DNS and NFT marketplace built on Polkadot

Polka Domain nodes provide efficient and scalable consensus mechanism that supports hundreds of nodes with thousands of transactions per seconds. It integrates crypto addresses to a decentralized domain while preserving user’s privacy

The $NAME token serves as a utility token facilitating payments and governance inside the PolkaDomain ecosystem

 

NAME STAKING PROCESS

Stakers with larger amounts of NAME staked for longer periods of time get access to exclusive domain names first

Token Metrics Summary:

🔹Maximum supply: 10,000,000 NAME

🔹Total amount to raise: $450,000

🔹Initial market-cap on launch: $150,000

🔹Strategic Round: $400,000 to be raised

PolkaDomain closes $400K Strategic Round with the participation from NGC Ventures, SparkDigitalCapital, LinkPAD, and MetaConstant

In coming days Polka Domain will be announcing airdrop program and public round to give benefits to their users

 

ABOUT POLKADOMAIN

PolkaDomain an interoperable and decentralized blockchain naming service with an integrated domain and NFT marketplace built on Polkadot

Market Stats:
BTC Dominance: 53.95%(+0.33%/24h)
ETH Dominance: 17.48%(+0.08%/24h)
Defi Market Cap: $83.06B(+11.09%/24h)
Total Market Cap: $2295B(+4.16%/24h)
Total Trading Volume 24h: $58.55B(+17.81%/24h)
ETH Market Cap: $402.6B
Defi to ETH Ratio: 20.63%
Defi Dominance: 3.44%
Altcoin Market Cap: $1056.82B
Altcoin Volume 24h: $33.21B
Total Cryptocurrencies: 30609
Active Cryptocurrencies: 9976
Active Market Pairs: 81845
Active Exchanges: 790
Total Exchanges: 8946
BTC: 62795.22$(0.26%/1H)
ETH: 3340.67$(0.44%/1H)
AVAX: 26.78$(-0.15%/1H)
BNB: 554.2$(0.07%/1H)
MATIC: 0.54$(0.4%/1H)
FTM: 0.49$(0%/1H)
ADA: 0.43$(0.16%/1H)
DOT: 6.52$(0.27%/1H)
UNI: 8.43$(-0.3%/1H)
CAKE: 1.97$(0.03%/1H)
SUSHI: 0.73$(-0.2%/1H)
ONE: 0.01$(0.11%/1H)