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
Where is Polkarare available for purchase?
You can exchange PRARE tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Polkarare is Gate, notably the PRARE/USDT pair, which saw a trading volume of $ 14,222.53 in the past day. Additionally, Uniswap V2 (Ethereum) is popular alternative for trading tokens.
What is the highest value Polkarare (PRARE) has ever reached?
Polkarare (PRARE) reached its peak price at 1.35 $ on 11 May 2021, approximately 4 years ago ago. Presently, the current price is -99.91% lower than this all-time high.
What is the historical minimum price for Polkarare (PRARE)?
The minimum price reached for Polkarare (PRARE) was 0.0003712 $, documented on 07 April 2025, more than 4 months ago. In comparison, the current price is 196%, it above this historical low.
What is the fully diluted valuation of Polkarare (PRARE)?
The fully diluted valuation (FDV) of Polkarare (PRARE) stands at $ 115,270. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 PRARE tokens. The realization of this FDV might take several years depending on the emission schedule of PRARE tokens.
How to add Polkarare (PRARE) to MetaMask?
By integrating Polkarare (PRARE) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import PRARE as a token. You can either manually import PRARE by copying its contract address (0x2c2f7e7c5604d162d75641256b80f1bf6f4dc796) or use MetaMask's Chrome extension to add PRARE with a single click through P.CASH.
How to add Polkarare (PRARE) to TrustWallet?
Incorporating Polkarare (PRARE) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include PRARE, you can either manually import it using the contract address (0x2c2f7e7c5604d162d75641256b80f1bf6f4dc796) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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