PolkaBridge’s Q2 Achievements And The Future Plans
The PolkaBridge team is glad to report another successful quarter — the Q2 of 2021. We were able to launch a couple of high quality initial decentralized offerings (IDOs), mint our mascot and meme-token CORGIB and initiated the first betting platform using it. PolkaBridge also got listed on Unifarm and Unilend Finance, opening up a world of opportunities for PBR token holders. The list is long so let’s dive in.
Multiple IDOs on Multichain Launchpad — Beyond Finance, DragonBite And PolkaWar
Launchpad platform https://launchpad.polkabridge.org/
We introduced the Initial Decentralized Offerings (IDOs) feature in Q1 2021 and listed Beyond Finance, held on April 13th 2021 as our first offering, it succeeded in raising 13.95 ETH for it’s decentralized platform for creating and trading synthetic financial products.
The second offering of the Q2 2021 was DragonBite, held on June 11th 2021. It raised a total of 40 ETH. DragonBite aims to create an open decentralised Asset Management platform for customers to store and swap all kinds of digital assets in one App with one password.
PolkaBridge Launchpad launched IDO on BSC in June and PolkaWar was the first project to apply. PolkaWar IDO took place on 28th June and raised 800 BNB. PolkaWar is Innovative DeFi and NFT Gaming Platform, allows every player to build a character and participate in battle against other players.
Staking Functionality — Multichain Staking Platform
Staking platform https://stake.polkabridge.org/
We have also introduced a staking facility as means to gain access to IDOs by playing an active role on the platform. Now, there’s no need to simply hold tokens or enter whitelisting contests. The new rules allow participants to stake least 3 days or 72 hours prior to gain access with the following some conditions . There have been a total of 5M PBR tokens staked and a total of more than 2M$ tokens value has been locked in the staking pool (including PBR, BITE, CORGIB, PWAR)
PolkaBridge’s staking platform supports all tokens on Ethereum and Binance Smart Chain. In the future we will support tokens on Polygon and PolkaDot
The CORGI of PolkaBridge — CORGIB
PolkaBridge also introduced meme-token CORGIB this quarter, so our holders wouldn’t miss out on the dog token craze. It was released on the Binance Smart Chain. Unlike other meme-tokens, it wasn’t only created for aesthetic purposes.
We are developing a NFT platform, where holders can create, buy and sell their NFT and earn money. Also, we recently started a bettting platform. The first opportunity for the holders was betting on Euro 2020 — the world’s premier football championship league which took place from 1 June to 11 July 2021. CORGIB holders were able to bet on the outcome of the football match between Netherlands and Italy. We will organize new prediction opportunities soon.
UniFarm And UniLend
We are always looking to create more value for our esteemed token holders. That’s why we have partnered with UniFarm and UniLend. Basically, UniFarm allows users to stake one token and earn multiple other tokens as rewards. It enables the holders of one token to put their tokens to use and earn tokens of other high quality projects as reward. It’s extremely to diversify holdings and enhance exposure.
UniLend, on the other hand, offers decentralized lending services, where users can simply lend their tokens. These are put to use by the platform’s borrowing and spot trading services, puts them to use and allows users to earn yield / interest on them. Both facilities are available to users on
https://app.unilend.finance/lend
Ask Me Anything Session With Our Partners
PolkaBridge believes in cordial relationships within the industry and is always looking for new opportunities to work together with industry’s promising projects. In this quarter, we organized a large number of Ask Me Anything (AMA) sessions (in descending order).
PolkaBridge x Unifarm held on May 25
Unifarm is a decentralized farming pool of DeFi’s top projects, designated as the one farm to rule them all.
Community AMA: PolkaBridge x CryptoFamily AMA held on April 24
PolkaBridge x PolkaWar held on May 20
PolkaWar is a blockchain based NFT gaming platform and marketplace. Inspired by the recent crypto NFT and gaming narratives, PolkaWar will develop a fighting game allowing users to build in-game character and participate in battles among each other.
Community AMA: PolkaBridge x SpykeFast
PolkaBridge x TruePnL held on May 15
TruePnL is a platform designed to make cryptocurrency trading safer, more transparent and accessible to users. They will also introduce more profitable products both on-chain and off-chain.
Community AMA: PolkaBridge x Crypto Talkz held on May 10
PolkaBridge x tehmoonwalker held on May 04
PolkaBridge x DragonBite held on May 02
DragonBite is a universal digital asset management platform powered by Blockchain technology. They leverage cryptocurrencies and DeFi to help loyalty points holders consolidate their earnings, interact with a global ecosystem of merchants and unlock the value of their digital assets.
Future Plans
The PolkaBridge team remains committed to develop the project further, so as to develop more value for our community and token holders. We will introduce more promising IDO projects in the coming quarter, develop MultiChain DEX, support Swap tokens on 3 blockchains: Ethereum, Binane Smart Chain and Polygon.
We will also cooperate with many new partners, to cooperate in technological development and expand the community
About PolkaBridge
PolkaBridge is a decentralized all-in-one financial application platform. The PolkaBridge ecosystem is expected to include multichain & cross-chain AMM, Farming, Lending, Fundraising platform (Launchpad), Prediction, NFT, and more. All products will be developed with Polkadot in center.
❇️ Website: https://polkabridge.org
❇️ Twitter: https://twitter.com/realpolkabridge
❇️ Medium: https://medium.com/@polkabridge
❇️ Github: https://github.com/cyclese96
❇️ Telegram Channel https://t.me/polkabridge
❇️ Telegram Group https://t.me/polkabridgegroup
❇️ Discord https://discord.gg/G3NDrcq6GW
❇️ Coingecko https://www.coingecko.com/en/coins/polkabridge
❇️ Coinmarketcap https://coinmarketcap.com/currencies/polkabridge/
