Polychain Monsters (PMON) Price, Charts, Market Capitalization
Polychain Monsters (PMON) Graphics
Introduction
Polychain Monsters (PMON) marks a significant milestone in the evolving universe of blockchain gaming and Non-Fungible Tokens (NFTs). Combining the thrill of collectibles with the nuances of digital asset ownership, PMON expands the realm of gaming and digital art on the blockchain. This comprehensive review explores the fundamentals of PMON, its market value, the technology it employs, its origins, purposes, creators, pros, cons, and its overall impact on the blockchain ecosystem.
What is Polychain Monsters (PMON)?
Polychain Monsters are beautifully animated cross-chain NFTs with varying scarcity, dwelling on multiple blockchains like Ethereum, Binance Smart Chain (BSC), and Elrond. They can be unpacked using the native PMON token, providing a decentralized, interoperable, and enhanced gaming experience.
History and Founders
The inception of Polychain Monsters can be traced back to the early phases of NFTs and blockchain gaming’s rising popularity. The team behind Polychain Monsters is Polkamon, who identified the potential of interoperable NFTs across different chains. However, the specific individual founders’ details are not clearly disclosed in the information available up to my knowledge cutoff in September 2021.
Purpose and Vision
Polychain Monsters aims to capitalize on the surge of interest in NFTs by creating a multi-chain platform for collectible monsters. The vision is to break the barrier between different blockchains and let unique animated monsters reside in various ecosystems. These digital monsters can be collected, staked, swapped, and used in a gaming context, adding a new dimension to the burgeoning NFT space.
Technology and Supply
Polychain Monsters are powered by their native PMON token, an ERC-20 token on the Ethereum blockchain. This token is used to purchase Booster Packs, which contain randomly generated Polychain Monsters. The protocol utilizes the power of NFTs and interoperability of blockchain to make these monsters live across multiple ecosystems.
As for the token supply, the exact number varies and depends on several factors. As of my last update in September 2021, the total supply was 10,000,000 PMON, but it’s recommended to verify the current supply from a reputable cryptocurrency market data platform due to the rapidly evolving nature of the cryptocurrency market.
Strengths and Limitations
Polychain Monsters’ main strength lies in the novelty of its idea and the utilization of cross-chain NFTs, enabling a seamless and diverse gaming experience. Their stunning visual design and scarcity make them attractive collectibles, with potential value growth over time.
The primary limitations relate to the broader NFT and blockchain gaming market. It is a relatively new concept, and the regulatory environment is still evolving. The technical complexity of managing NFTs across multiple chains can also pose challenges.
Market Value
Like other cryptocurrencies, the market value of PMON is influenced by a variety of factors, including overall demand, the cryptocurrency market’s state, and macroeconomic indicators. It’s essential to check a trustworthy financial news source or cryptocurrency exchange for up-to-date market values and trading volumes.
Conclusion
In summary, Polychain Monsters represents an innovative and bold stride in the world of NFTs and blockchain gaming. As the industry continues to mature, the interoperability of NFTs across different chains could become a standard, and initiatives like PMON are at the forefront of this movement.
However, the nascent nature of the NFT space and the volatile crypto market necessitates thorough research and a thoughtful investment approach. The risk associated with investing in cryptocurrencies is significant, so investors must undertake comprehensive due diligence or consult a financial advisor.
How To Buy Polychain Monsters (PMON)
Are you ready to jump into the world of cryptocurrency and want to know where to buy Polychain Monsters (PMON) ?The largest exchanges currently traded with Polychain Monsters (PMON) are Kucoin , Gate.io and . You can find other exchanges that make listings .
About Polychain Monsters (PMON)
| Contract |  0x1796ae0b0fa4862485106a0de9b654efe301d0b2 |
| Website | https://polychainmonsters.com/ |
| Explorers | Etherscan Ethplorer Bscscan |
| Community | |
| API idd | polychain-monsters |
1 Polychain Monsterst to USDC (1 PMON to USD//Coin) Exchange Calculator
Follow us on TWITTER (X) and be instantly informed about the latest developments…
