A REVIEW ABOUT POLKAPARTY PROJECT

in #cryptocurrency3 years ago

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INTRODUCTION
The notion of blockchain, decentralized finance and most especially cryptocurrency even at it young stage into the financial space has led to a huge success and improvement in the global market which has gained more lot of momentum since the implementation of the cryptocurrency, blockchain and decentralized. These three has really allowed and helped the market to rise beyond expectations, these systems have proven to be more efficient and productive than the olden Financial system. It has completely and automatically modernize the financial space by giving opportunities to people to perform basic and daily financial activities with crypto currency , at their own convenience and without the invention of a third party or a bank.

Also, if new projects really want to be productive and accountable, they have to integrate the blockchain, decentralized finance protocols and cryptocurrency into their Ledger.

However, before I talk on how POLKAPARTY will use all this system to build an ecosystem where users will Maximize profits easily, let me briefly talk about blockchain, decentralized finance protocols and cryptocurrency

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DECENTRALIZED FINANCE PROTOCOLS
The introduction of decentralized finance protocol in the blockchain technology system has made the system well used and recognized. Recently, new projects develop their ecosystem with decentralized Finance protocols because of the special and unique qualities it possess.
However, Decentralized finance is a system that transparent, open to all individuals in the system, it is secure and trustless, efficient, reliable and the privacy of all users in the system are stable. The role and advantages of the decentralized finance in the present age can’t be ignored due to the fact that it proven to be more efficient than the traditional banking System. The decentralized finance protocols include: staking, farming, pooling, governance, lending, security, and lot more.

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CRYPTOCURRRENCY
Fiat currency and coin in different regions have different value and means of circulation globally. Presently there are more than 8000 cryptocurrency across the globe designed with the objective of using them as medium of exchange for a certain goods or services and other financial activities.
However, Cryptocurrency is used to describe all form of coins in the digital market globally. It is a digital form of money backed up by strong cryptography which those not allow any form cyber hack and insecurity. The cryptocurrency allow a fast, easy transactions, enable transactions across borders, requires little transactions fees and there is optimum level of security.

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BLOCKCHAIN TECHNOLOGY
A Blockchain technology is the most comfortable way, secure, easiest and fastest way of receiving and sending information from among individuals, Projects and group of people without thinking about obtaining a unsecure and fake information and manipulation of information in the digital ledger; the blockchain technology is efficient, effective, secure, reliable and fast. Blockchain allow accountability in the project that integrates in it ledger. Blockchain technology enable accurate and well recorded transactions. Transactions and records are kept away from third parties that are not involved in the transactions.

However, the POLKAPARTY PROJECT is a decentralized Project launched on the Ethereum chain to ensure that users have access to decentralized farming and pooling services and Maximize profits.

HIGHLIGHT OF POLKAPARTY
Polkaparty is a decentralized ecosystem that has been designed and launched on a Ethereum chain with the aim of allowing users and investors have access to several features of the decentralized protocols which include yield farming, swapping, providing of Liquidity, NFTs and a lot more features by just showing interest and in joining a party on the platform. Polkaparty has implemented all features into it system to ensure that users and investors have opportunities to incredible yields on whatever feature they have invested into and at the same time have access to a maximum level of security.
POLKAPARTY ensure that users have access to Maximize yield with low transaction fees on an ecosystem with maximum level of security.

OBJECTIVE OF POLKAPARTY
The objective of Polkaparty is to build a user friendly and easy to use ecosystem that allows any individual from any part of the world to join any available party, chat with users on the ecosystem and get rewarded for such group efforts.
Polkaparty has also discovered that there have been an constant growing hindrance of entry for investors to understand the technicalities of using a particular Decentralized finance features.
However, in other to solve the issue of having full knowledge on the technicalities of using decentralized features, Polkaparty has created a platform that gives access to anyone to create or join a party on the ecosystem with Friends, family and decentralized finance veterans. Individuals in the party will be able to make endless profits and no one will be frustrated with the technicalities of utilizing decentralized features since they are now able to make researches and chat with the other partiers on the platform

FEATURES OF POLKAPARTY

  1. JOIN:
    Users will be able to join and take part in the party model of there choice and interact with fellow partier for an exclusive decentralized finance experience.
  2. PLAY:
    Users will be able to play in the party and earn POLP prizes and also have access to Yield Farming DAO's, Social Board Objectives, Gift Bags, and most certainly an opportunity for the exciting Party Passes.
  3. WIN:
    Users will be able to win rewards for joining Parties, celebrating on their way up the leaderboard to being the number one party goer.

HOW TO EARN GIFT BAGS?
Partygoers on the platform will be able to earn Gift Bags, when they stake polp on the Polkaparty platform.

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TOKEN INFORMATION
POLP is the governance token of the ecosystem and will fuel all activities enabled on the platform. The token is ERC20 token on a Ethereum chain.
DETAILS
Name: POLKAPARTY
Ticker: POLP
Network: Ethereum
Total supply: 200,000,000

USE CASES

  1. It is always needed to be part of the governance of Polkaparty ecosystem.
  2. Always distributed as rewards from fees generated
  3. The token is used for staking and Farming.

PROJECT ROADMAP
A detailed Roadmap is important for promising project as it allow the Project team and individuals to go over the project operations, advancement and also determine what is required to keep the Project ongoing. Polkaparty has a roadmap that is achievable understandable and realistic. I believe the team will achieve all it goals at the appointed time.

PROJECT TEAM
The project team members are highly intelligent people with the needed experience to make the Project a huge success. The team will keep working to ensure the Polkaparty provide people with the best partying, staking and Farming Services.

CONCLUSION:
The Polkaparty Project has incredible decentralized products to offer users and investors in it ecosystem . Polkaparty will allow users have opportunity to functional farming and staking features. Users will be able to party and also earn more reward for partying on the platform.

FOR MORE INFORMATION:
Website: https://www.polkaparty.io/
Gitbook: https://polkaparty.gitbook.io/polkaparty/
Telegram: https://t.me/PolkaParty
Medium: https://polkaparty.medium.com/
Twitter: https://twitter.com/Polka_Party

PROOF OF REGISTRATION
Forum Username: Cryptoblaze105
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2590595
Authentication post link:
https://bitcointalk.org/index.php?topic=5351932.msg57578797#msg57578797

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The role and advantages of decentralized finance in the present age can’t be ignored.

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