NFTs have gained considerable popularity in recent times, becoming an essential part of the blockchain ecosystem, with uses in blockchain gaming, collectibles, and digital art spaces. An NFT is a type of token or unique digital asset; each NFT has its own unique property or identity, making them unique and non-interchangeable.<\/p>\n
Each token’s unique attributes make them impossible to exchange, replace or create copies, making them scarce and giving them value. NFTs are increasing in popularity as an asset class, with a significant increase in market capitalization. The NFT industry’s market capitalization has increased from $31 million in 2017 to more than $300 million by the end of 2020.<\/p>\n
Polkamon allows users to collect extremely rare Digital Monsters. These collectibles can be integrated into several blockchain-connected products. Digital collectibles like Polkamon are different from physical collectible items.<\/p>\n
Polkamon are animated, digital collectibles. Each collectible has varying scarcity and is backed by a unique NFT. They can also be unpacked using the $PMON tokens.<\/p>\n
Polkamon\u2019s properties are described through a rich metadata set. They can also be integrated into Layer 2 applications. Non-fungible tokens also back Polkamon, allowing them to be integrated into blockchain-based games or digital art.<\/p>\n
The team behind Polkamon describes their vision as three layers that can become the building blocks for a sustainable and modern collectibles ecosystem. The base layer is the decentralized ownership system based on NFTs that is supported by an ERC20 token. The ERC20 token improves liquidity and makes trade easier.<\/p>\n
On this base layer is the second layer; the second layer enriches NFTs through detailed metadata and rich visuals. The third layer is the application layer, on which proven ownership and visuals, and metadata help create a universe of utilization.<\/p>\n
The team at Polkamon is led by Leif Eric Leiser, who is the CEO. The team also consists of Lennart Brandt and Finn Hansen.<\/p>\n
Polkamon has several features that set it apart from its peers. Some of the unique features are<\/p>\n
Each Polkamon exists in different shapes and with different characteristics. Some of the characteristics of different Polkamon are<\/p>\n
The Polkamon ecosystem is an ecosystem of interconnected apps and marketplaces. You can explore other collections and present your own collection through native mobile apps. You can also buy $PMON tokens using apps and also gather information about the Polkamon universe.<\/p>\n
You can also utilize native mobile widgets, keeping your most valuable Polkamon with you at all times.<\/p>\n
Polkamon are digital collectibles that blockchain-based ecosystems can utilize. The team behind Polkamon hopes that the existence of Polkamon in native apps and widgets will accelerate the process of blockchains utilizing Polkamon.<\/p>\n
Polkamon have several possibilities to be utilized in different ways. Unlike physical collectibles that are inaccessible to modern arts and games, Polkamon, being digital collectibles that are backed by non-fungible tokens, can be easily integrated into different products connected to different blockchains. Some of the uses are<\/p>\n