- Polkadog project has been rolled out with tremendous opportunities for crypto enthusiasts
- The project is entirely driven by the community, which helps the project offer benefits
- Polkadog has begun with a fair move without raising funds by any means
- The team behind the project aims to get the crypto crown by the end of the next year
- The meme platform will switch to the polkaswap, and ultimately these platforms will launch in full on the SORA chain
Polkadog is a decentralized finance (DeFi) based meme offering project. The coin offers rewards automatically to its holders via frictionless fee distribution. On Tuesday, the project announced the launch of its meme platform. The team behind the project claimed that the latest platform would bring tremendous opportunities to crypto fans. Furthermore, the project creators claim that it is 100% fair trading and attracted several fresh and veteran investors alike.
WHAT IS A POLKADOG CRYPTO COIN?
Polkadog or the PDOG is a 100% community-owned and self-funded crypto project. Anyone, including the creators, will have to purchase the coin to acquire those coins. Notably, the coins profits generated from the sales remain within the community. And the factor helps the project with ongoing benefits.
The platform has been introduced on Uniswap, a decentralized exchange (DEX). The DEX is also one of an established DeFi platform that supports millions of transactions related to crypto every day.
POLKADOG HAS BEGUN WITH A FAIR MOVE
Without a pre-sale, the PDOG crypto coins took a fairer start. Also, the project used no ways to raise funds like venture capitalists or any private sales were permitted to it.
The team behind the project wants to keep things fair, and so they placed 50k coins buying caps on the first 21 days’ sales. Notably, the factor ensured the team a level playing field and helped to keep whales and bots at bay.
Following the launch scenario, we have observed that the launch remained a successful one. More than 3k holders registered for the coin’s v1 within just a week.
HOW DID THE TEAM HELP THE PROJECT?
With a boom, the crypto project began but then stabilized after a few days of early sales. The team behind the project purchased the coins with a small number of wallets from personal funds to help the start-up. However, we have noted that half of their PDOG crypto coins acquired at launch to protect the project has been burnt.
In the current scenario, there are 39 million dogs on the market. About 50 million coins are still in reserve and have already been allocated towards various rewards and further liquidity among the total supply. Such rewards will be witnessed after Polkadog crypto coin’s v2 will be rolled out.
POLKADOG COIN WILL SWITCH TO POLKASWAP
Polkadog’s PDOG will soon switch to Polkaswap, another cross-chain platform that has also been built on the polkadog blockchain. However, the platform is still under development.
On the other hand, it is also known that Polkaswap will soon launch in full on the SORA network. The exchange will offer benefits like multiple chains to trade together and a low trading fee of just 0.3% for each transaction. Moreover, the profits will be reinvested to reward the liquidity providers.
Simultaneously, the crypto DEX will also feature a multiple pool search, which can help the buyers access the best exchange available at the point of purchase.
BENEFITS OF PURCHASING PDOG COINS
PDOG founders aim to take the crypto crown by the end of the next year. To complete their goals, they have added several benefits of acquiring the PDOG coins.
The Polkadog crypto coin holders can get redistribution rewards, auto adds to liquidity pools, 2% supply burns, and several surprise airdrops. However, following the scenario, it seems the coins could surge. Still, it is interesting to see whether individuals among the dog community will support this coin’s journey.