What is Polychain Monsters?
Polychain Monsters (PMON) is a captivating digital collectible concept that harnesses the power of blockchain technology. Each Polymon represents an animated digital collectible, backed by a unique non-fungible token (NFT) that distinguishes it from any other NFT in existence. To unlock these Polymons, users can utilize PMON tokens, the native cryptocurrency of the Polychain Monsters platform. This ecosystem offers a vibrant cross-chain experience where users can discover a variety of Special Edition Polymons, such as Bitcoin Unidragon, Elrond Unidragon, Ethereum Unikles, and Genesis Island Land Ticket.
The Polychain Monsters Universe stands out by providing users with the opportunity to possess a one-of-a-kind monster. Within each Polymon species, various elements, including horns, colors, backgrounds, and glitter effects, can be unlocked, adding a unique touch to each collectible. These distinct properties establish a new standard for NFT collectibles and gamified entertainment, combining cutting-edge technology with captivating visualizations.
The Polychain Monsters platform allows users to unpack animated NFTs from digital booster packs using PMON tokens on Ethereum, Binance Smart Chain, and Polygon. PMON serves as a hyper-deflationary asset that serves multiple purposes, including booster pack openings, farming, and play-to-earn games. The hyper-deflationary nature of PMON rewards community members by increasing the value of their holdings and protecting them from supply changes. Being an ERC-20 token, PMON is divisible, tradable, and easily integrated into the decentralized finance (DeFi) ecosystem.
With every booster pack opening, 40 percent of each PMON token is permanently burned, leading to a continuous decrease in the total supply. Twenty-five percent of the tokens are transferred to the Collector Staking Pool, 15 percent goes into the Farming Pool, 10 percent is allocated to the staking pool, and the remaining 10 percent contributes to the development fund. The primary objective is to establish a modern and sustainable collectibles ecosystem, serving as the foundation for future growth.
Polychain Monsters was founded by a team of dedicated individuals, including Leif Eric Leiser (CEO & software engineer), Lennart (CMO & software engineer), and Wolf Bauer-Oberlein (CTO & software engineer). The platform's initial dex offering (IDO) took place on March 13, 2021, marking the beginning of an exciting journey for the Polychain Monsters community.
In conclusion, Polychain Monsters (PMON) introduces a captivating cross-chain collectible and gaming ecosystem, where users can unleash the magic of animated NFTs. By leveraging PMON tokens, users can unlock unique Polymons with customizable features, creating an immersive and personalized experience. With a talented team driving the project's development, Polychain Monsters aims to redefine the world of digital collectibles and establish a sustainable ecosystem for future growth and innovation.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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