This week we talked about Polars friends, shared the pre-sale success, described the prediction market in figures, and spoke about the present and future functions of the POL token. Let`s sum up.
Polars friends
These are active community members who help us in our work: they answer questions from other users, identify bugs, inform us about scammers, and sometimes replace admins in our communities. We reward these users for making the platform work better.
Pre-sale statistics
2718 people participated in testers pre-sale, 5,559,562 POL sold!
There were three options to buy POL depending on price and blocking period:
🔹Option 1: $0.15, blocking period 6 month — 19.4% POL (686 users)
🔹Option 2: $0.20, blocking period 3 month — 9.76% POL (337 users)
🔹Option 3: $0.25, blocking period 1 month — 70.7% POL (1695 users)
Prediction market
The prediction market is one of 12 DeFi fields. The entire DeFi market is valued at about $4 billion, and the prediction market has 2%, which is about $80 million.
Prediction markets work according to one of the following principles:
- the prediction market is such a superstructure over other well-known blockchain networks and uses their cryptocurrency in transactions
- the prediction market has its own blockchain and currency.
Prediction markets are a kind of information aggregator and make half of the errors compared to traditional methods.
POL functions
- Participating in voting
- Participating in staking
- Receiving rewards for activity on the platform
- The ability to create own pair of polar tokens on the Polars platform
- Receiving exclusive Historical NFT Event Tokens
- The ability to buy polar tokens with POL
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