Ilya Solovei

Users can purchase and own virtual taxis, gas stations, and services and earn interest on their assets. By holding the NFTs representing them, users receive weekly payments as the virtual city combining different DeFi elements grows. Polkacity is constantly expanding the available assets, now also including land and infrastructure.

Launched at the beginning of 2021, Polkacity has published a mobile app and a desktop version of its virtual city. In Q3 2021, Polkacity launched its marketplace, where citizens can trade assets. In the future, the project foresees expansion to different blockchains and the addition of additional NFTs like neighboring cities or even continents.

Who Are the Founders of Polkacity?

Polkacity is led by Carmelo Milian, the project’s lead software developer who previously worked at Microsoft and co-founded OneCloud, a cloud computing company. Fatih Atali is the team’s marketing advisor, a high physics engineer and co-founder of Blockchain Game Factory with over five years of experience in cryptocurrency. The team is complemented by Murad Aliyev, the technology manager with over five years of experience in technology infrastructure projects, and Manuel Leal, an experienced web developer.

In addition, Polkacity has sealed several interesting partnerships, such as teaming up with former NBA star Baron Davis as an ambassador and sponsoring blockchain-related events in Miami.

What Makes Polkacity Unique?

Polkacity aspires to be the virtual equivalent of an actual city, reflected in the NFTs available for purchase. Currently, players can buy:

Different types of taxis, ranging from compacts to limousines’

Power stations (petrol or electric);

Car-related service stations like car washes, rentals and repairs;

Hotels, restaurants, and shopping centers;

Leisure-related establishments like discos.

Each NFT fetches a different price, from 1,500 POLC for a compact taxi (1,000 available) to 105,000 POLC for a shopping center (50 available). Players recoup the money through weekly payments of network rewards plus an additional share of earnings from the asset. For instance, an owner of a compact taxi will receive 60 POLC per week plus 16% of the taxi’s earnings per month, while owning a shopping center returns 13,125 POLC weekly and 50% of the center’s monthly earnings. In this fashion, players can benefit from the game’s virtual economy.

Moreover, Polkacity aspires to combine several hot-topic elements like NFTs and decentralized finance by creating a 3D and augmented reality platform. Players can enjoy their virtual resources with VR technology.

How Many Polkacity (POLC) Coins Are There in Circulation?

POLC is the game’s native utility token used for purchasing goods and services in the Polkacity metaverse. The total supply of POLC is 250 million with the following distribution:

Platform rewards: 200 million POLC, 25% released on TGE, 25 million POLC every quarter;

Liquidity and exchange listings: 25 million POLC;

Team: 10 million POLC, six months locked, 5% monthly release;

Presale: 7.5 million POLC, 500 ETH raised at a price of 15,000 POLC per ETH;

Private sale: 2.5 million POLC, 125 ETH raised at a price of 20,000 POLC per ETH;

Marketing: 5 million POLC, 20% released on TGE, 5% released monthly.

How Is the Polkacity Network Secured?

POLC is an ERC-20 token on Ethereum; a token standard most new tokens follow when publishing on the Ethereum blockchain. All Polkacity NFTs follow the proven ERC-721 standard for non-fungible tokens. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications and exchanges to launch on. It is secured by a proof-of-work consensus mechanism that requires miners to mine new Ether. A set of decentralized nodes validates transactions and secures the Ethereum blockchain.

Polkacity is currently deployed on Ethereum and BSC but plans to expand to other blockchains like Polkadot in 2022.

What Is CryptoPlanes (CPAN)?

Expanding on various styles of game play from its predecessor game, CryptoPlanes brings new plane-themed experiences and game modes such as player-versus-computer, player-versus-player, and planes-versus-cars battles. The game largely follows the same dynamic, where players can earn experience points and CPAN, which they can invest in new equipment, new planes, or cash out for real currency. Like in CryptoCars, all planes in CryptoPlanes are NFTs and unique valuable assets on the blockchain.

Who Are the Founders of CryptoPlanes?

Cryptoplanes was developed by the same team that was behind CryptoCars: a Vietnamese group of developers headed by Ly Tran (CEO) and An Nguyen (CTO). Mr.Tran, a computer science graduate from the Ho Chi Minh Bach Khoa University, worked as a full-stack web developer and mobile app developer before launching the two games. Mr. Nguyen is a fellow computer science graduate with mobile app development experience in iOS, Android, and BlackBerry.

The team envisions CryptoPlanes to be the first of several expansions to CryptoCars, eventually merging into a CryptoCity.

What Makes CryptoPlanes Unique?

CryptoPlanes adopts and adapts the working formula from its predecessor and offers players several gameplay modes where they can earn while playing.

Training is a simple mode where players can train their planes for battles by increasing their strength, level, and required parameters.

In the PvC mode, you will need to use your skills to control the plane fighting with other spaceships in outer space. The goal is to win a certain number of points that can be exchanged for CPAN.

In the PvP mode, participating players can use fighter jets and battle between 2 and 8 other players. Rewards come in the form of materials for the planes, experience points, or CPAN tokens.

A particularly interesting gameplay mode is the planes vs cars battle, which combines CryptoPlanes and CryptoCars. Players can battle with their respective means of transportation and win CPAN, experience points, and materials to upgrade their NFTs.

Each plane is upgradable in various ways. For instance, engine upgrades increase an aircraft’s speed, while body upgrades increase its durability. Weapons upgrades increase its strength and combat power. Planes are available on the marketplace and can be purchased according to their rarity, instead of relying on a luck-based blind box. Each purchase carries a 12.5% tax.

For the future, the team plans a CryptoCity metaverse, where the different projects are connected and can interact through various new features and gameplay modes.

How Many CryptoPlanes (CPAN) Coins Are There in Circulation?

CPAN is the game’s utility token that can be used for in-game payments and as a reward for players who participate in tournaments and missions. Players can also earn rewards from staking CCAR. The total supply of CPAN is 1 billion, distributed as follows:

Rewards (45%):

Liquidity (6%):

Platform development (5%): unlocked over 12 months.

Marketing (6%): unlocked over 36 months.

Airdrop (1%): 10% monthly unlock.

Team (12%): unlocked over 36 months.

Advisors (8%): unlocked over 36 months, 3% at TGE.

Public Sale (12%)

Private sale (5%): unlocked over 10 months, 10% at TGE.

How Is the CryptoPlanes Network Secured?

Just like CryptoCars, CryptoPlanes is built on BigchainDB, a side chain that allows the game to run without transaction fees and with near-instantaneous confirmation times. Other companies and blockchains using BigchainDB are Toyota, Microsoft, and Polkadot. Players use a token bridge created by CryptoCars to bridge their assets from Binance Smart Chain to BigchainDB.

CPAN is a BEP-20 token on the Binance Smart Chain. BSC is secured through the proof-of-stake consensus mechanism. 21 validators are elected every 24 hours to validate transactions and maintain blockchain security. These validators have to stake a certain amount of BNB coins with Binance to be eligible.