Polkamarkets POLK Price 0.03955865

What is Polkamarkets?
Polkamarkets is a Defi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events.
Users can monetise their forecasts of future outcomes and events within an interoperability and decentralized infrastructure, where their beliefs become assets with financial value traded openly on the market.
Buy & Sell fractions of event outcomes, or even create your own events where others can take their own positions.
The entertainment features of Polkamarkets will be more than just a prediction market. There are live streaming integrations for in-play positions on sports and Esports.
Polkamarkets aims to solve problems in the prediction markets industry by incentivising liquidity providers and traders to facilitate, by being a fully remote team based in London and Lisbon.
The native utility token is $POLK.
The token is used to coordinate incentives to solve the problems that plague prediction markets such as low volumes, low liquidity, and low daily active use.
Users need to pay $POLK to open new markets on Polkamarkets. Users andLPs earn $POLK by making forecasts on the platform. All markets on Polkamarkets pay a 0.3% trading fee. The 1/3 of all trading fees on Polkamarkets will be used to purchase $POLK on DEXs. Gaining higher and higher tiers of earned $POLK will give you access to bigger markets and special features.

The core features of Polkamarkets are:
Take positions on events in real time. There are promotions and contests. Provisioning and rewards for LPs. My forecast is on Polkamarkets. It is mine to provide liquidity to Polkamarkets. The yield farm is called Polk.

How many coins are in circulation?
On February 24, 2021, Polkamarkets launched its token $POLK with 100 million $POLK token created and an initial market cap of $610,000USD. The Strategic Sale is 25% on TGE and 25% monthly over the next 3 months. The public token is unlocked. 10% on TGE, 10% per month for 9 months. 10% on TGE, 5% per month over 18 months. Strategic and public sales make up 28% of the token distribution. Awareness, partnerships and exchange listings are the main areas of marketing. Funds will be provided for Uniswap and other exchanges.
Who are the originators of Polkamarkets?
Francisco Loureno is the COO of Polkamarkets. Several ventures have been launched in the prediction market space. He is a full-stack developer and software engineer with over a decade of experience.
The two met at Tradiio, a Predictions Markets platform for the music industry.
The team is working with Henrique Caiano, who has more than 10 years of experience creating products in the tech and blockchain worlds and is a serial entrepreneur and product owner. The CEO and Co-Founder of BEpro.Network is a tech advisor who is also the CEO.

Where can I buy polkamarkets? $POLK will be sold on the Polkastarter IDO platform and later made available for trading on Uni swap.