HYVE Sealed A Partnership With PolkaCity

Published on: 28.12.2021

HYVE is thrilled to announce its new partner PolkaCitya decentralized metaverse built on ownership of digital assets. This partnership shows its commitment to expanding the HYVE ecosystem beyond its platform, providing users with further benefits of the HYVE functionalities.

Combining the attributes of metaverses, DeFi, and Non-Fungible Tokens, PolkaCity creates a virtual metropolis where users are incentivized to invest their capital in order to earn passive income. One of the main subgames offered by PolkaCity is an NFT treasure hunt, based in a virtual open world environment. In terms of graphics and gaming mechanics, PolkaCity is an open-world, sandbox type of game, akin to Grand Theft Auto.

While POLC assets are ERC-721 based, the token is BEP-20 and ERC-20 compatible. Investors can use this token to pay their transaction fees, as well as for purchasing items and services within the PolkaCity ecosystem.

The PolkaCity marketplace is multichain, available on both ETH and BSC, offering the possibility to sell or loan your assets, as well as researching your next purchase or rental, comparing prices. A good example of an asset you can buy on these marketplaces is the PolkaCity Bugatti NFT, which you can take for a spin around the virtual city. However, as mentioned earlier, many assets pay out dividends in $POLC, such assets being gas stations, hotels, taxis, buildings, shopping centers, and many more.

The partnership between HYVE and PolkaCity will combine the best features of both decentralized platforms, thus highlighting how blockchain-based ecosystems can seamlessly integrate to offer their users unique functionalities.

ABOUT HYVE
HYVE — a DeFi centric autonomous ecosystem built on top of the multi billion workforce industry.

ABOUT PolkaCity
PolkaCity is a smart contract-based Polkadot, DeFİ, and NFT investment and game platform.

RESOURCES
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