PolkaParty project overview

arbyzik
3 min readAug 2, 2021

Hi guys! In this article, there will be a project that has created a convenient extension for the PolkaDot ecosystem — PolkaParty.

PolkaParty Logo

Introduction

DeFi is a decentralized application and is currently in great demand among the cryptocurrency industry sector. DeFi allows you to increase your investment by staking and farming.

But many users and investors cannot make sense of cryptocurrency when they cannot make a profit from it, as this requires an effective enough analysis to understand and execute it.

But the PolkaParty project here acts as a lifesaver that can help us with access to all DeFi functions, namely exchange, liquidity, NFT, staking, and more.

Introduction

About the project

The essence of the project is to create a platform where it will be possible to create a party or join it, where your beloved friends or relatives will be.

You will be extremely less likely to feel the symptom of loss of profits (FOMO) for yourself, as you will have the opportunity to talk, communicate, vote with your friends or relatives.

PolkaParty strives to make the platform such that you not only strive to make money together, but also strive to create a competitive environment that rewards the most active.

Interface

What is PolkaParty for?

PolkaParty’s goal is to create a unified DeFi ecosystem for users to easily interact with and integrate without having to navigate a myriad of technical details.

The project strives and believes that it is possible to create easy understanding through user communication, exploring and diving into the appropriate group with more experienced participants.

Features

1) You will have the opportunity to participate in pools where you can invest your funds in the cryptocurrency world.

2) PolkaParty will provide an opportunity to host new ICO Launchpad projects, as well as the ability to communicate through a group to join and help raise liquidity to fund them.

3) Crowdfunding — this function will help users to unite in order to communicate on common tokens and projects according to their interests.

POLP token

This token will serve as a common one for the entire PolkaParty ecosystem. The token can be used for governance and will be the main catalyst for most of the platform’s products and functions.

In addition, you can make protocol management decisions, from new product decisions to integration.

Tokenomics

Tokenomics

RoadMap

PolkaParty Roadmap

Project Team

Project Team

Conclusion

In conclusion, I will say that this project should undoubtedly become a key one for connecting your friends and relatives in order to communicate, contact, compete and earn together. You will have the opportunity to create a shared family wallet, where you will be able to customize management for each member.

You will become part of the team, each of you will be able to give your own decision on a general issue, for example, what coin to invest in, or when to buy or sell, for example. In addition, a competitive environment will create, where the most active will win.

In general, only you can make decisions, but I recommend everyone to familiarize themselves with the project and visit the links to their resources below.

Useful links:

Website — https://www.polkaparty.io/
Twitter — https://twitter.com/Polka_Party
Medium — https://polkaparty.medium.com/
Telegram — https://t.me/PolkaParty

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