|All Time High:|
|Market Cap: |
|The price of #POLS today is $0.49 USD.|
The lowest POLS price for this period was $0, the highest was $0.488, and the exact current price of one POLS crypto coin is $0.48760.
The all-time high POLS coin price was $7.42.
Use our custom price calculator to see the hypothetical price of POLS with market cap of ETH or other crypto coins.
|The code for Polkastarter crypto currency is #POLS. |
Polkastarter is 3.2 years old.
|The current market capitalization for Polkastarter is $48,444,178.|
Polkastarter is ranking downwards to #344 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #POLS.|
Today's 24-hour trading volume across all exchanges for Polkastarter is $37,725,105.
|The circulating supply of POLS is 99,351,432 coins, which is 99% of the total coin supply.|
How Will Web3 Impact The Travel Industry?
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. A few years back, the good old travel agency model was shaken to its core with the arrival of Airbnb and the online marketplace model focused on short-term homestays and experiences. The hospitality industry went through a shock that took years to adjust. With the rapid development of blockchain technology and the emergence of web3, the travel industry is ready to go through the same thing. — Tokenizing flight tickets - The primary and fundamental change will be the tokenization of flight tickets. People will be able to purchase airline tickets as nonfungible tokens. Is that just another way of possessing an e-ticket or having the boarding pass in your mobile wallet? Not exactly. Web3 technologies open up many opportunities for ticket usability. — Benefits of turning tickets into NFTs - We’ve discussed the top 5 NFT use cases beyond gaming and the future of NFTs. What’s the one common thread in all these scenarios? Ownership. No matter how it’s packaged or explained, the real utility and value of NFTs are giving owners actual ownership of an asset. How does that translate in the travel industry? Let’s see. Flyers will be able to auction, sell, trade and transfer tickets — Think of the situation as it currently stands. You buy a ticket, and yes, that’s your way of travelling, b...
What is a Crypto Mining Pool?
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. Put simply, cryptocurrency mining is the process of creating new digital coins. That’s where the simplicity ends, though, since the process of creating these coins mandates solving complex puzzles, validating transactions on a blockchain network and adding them to a distributed ledger. The faster you do that, the more rewards you can claim. Today, we’ll discuss crypto mining pools, a method of making this complex process plausible and accessible. In the early days of crypto, despite the complex process, people could perform it from the comfort of their laptop and Internet connection. With the network and number of miners growing, the mining rewards became harder to obtain, requiring more and more computational power to perform. The process of mining became almost impossible to do for one person. Miners are migrating from using personal computers or CPU mining to entirely custom-built rigs using hundreds of application-specific integrated circuits (ASICs). That’s where the idea of a crypto-mining pool comes into play. Remember the saying, ‘teamwork makes dreamwork’? That’s precisely what a crypto mining pool is all about. The idea is pretty simple: individual miners combine their computational resources to improve their chances of mining a block and share the rewards received. For example, if mi...
What is Regenerative Finance (ReFi) and Why Should You Care?
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. Regenerative Finance (ReFi) refers to using various forms of capital to lead systematic, sustainable, and positive change for all stakeholders. It’s an entirely different take on people’s relationship with financial systems, personal finance and wealth. The term is not as old as one would think and can be actually found back in 2015 when economist John Fullerton coined the term ‘Regenerative Capitalism’ in one of his papers. Here’s how he defines the term: “ The universal patterns and principles the cosmos uses to build stable, healthy, and sustainable systems throughout the real world can and must be used as a model for economic-system design.” Fullerton touched on the challenges all economies face and how they should be structured and capable of addressing them. Areas such as climate change or resource scarcity are universal, timeless problems often seen as economies’ problematic outcomes. How can we turn the table and make economies the solution, not the problem? How is that related to web3 and the blockchain? Let us explain. — Regenerative Finance: Reimagining the meaning of money - Regenerative finance is a deep and layered idea. At its core, it invites us to rethink the meaning of money, and the value and purpose of money. It’s a school of thought that incentivizes actions th...
The Current State of Layer 1
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. In this new research report, we have gathered the latest developments in the Layer 1 landscape so you can power up your research and anticipate market trends. You will find: Criteria to evaluate different monolithic blockchains, A comparison of current players in the space, Key L1 players and their competitive advantages over Ethereum, Before we dive in, it’s important to note that Layer 1 protocols are essentially base networks. That includes Bitcoin, Ethereum, BSC, Solana, Avalanche, and Near, among others. Layer 2s, which we will cover in a different article, is the scaling efforts built on top of these base networks. Examples of L2s are Lightning Network to Bitcoin and rollups to Ethereum. The Layer 1 sector has a market cap of at least $215B, with Ethereum at around $200B alone and its main frontrunner, Solana, with $12B. The shortcomings of Ethereum, however, have led to the emergence of other L1s and the space becoming highly competitive over the last few years. — Evaluating Key L1 Players - How do these networks compare to Ethereum, though? What are Ethereum’s shortcomings in the first place? Some of them include low TPS, sequential processing, high storage costs, and high cloud service dependency, among others. Let’s review the aspects that will set these networks apart from each o...
Web3 Creator Economy: A Comprehensive Guide
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. TikTok, Instagram, Cameo, YouTube, Patreon — the list of creator platforms and social media are endless and constitutes the foundation of the web2 economy. People can express themselves and create content in the form of video, images, audio or writing to express themselves and, in the process, create impressive revenue streams. A creator economy is one where creators do not need a parent company to act as their employer. They can work on their own terms and monetize their creations — whenever they want, create whatever they want, and, most importantly, have complete autonomy in monetising their content. Where do these creators stand when it comes to web3? Do they have to change, adjust or scrap their model? What does the web3 creator economy mean for them? Let’s put our thinking caps on and explore possibilities. — Creator-owned platforms - Creators are not here to take part but to take over. Sure, the aforementioned platforms have given creators the launchpad to share their content with the world, but it all happens with a prize. Whether it’s taking a cut from their earnings or owning data and information that goes on the platform, creators do have to give up something to earn something else. There have been numerous occasions of creators being banned from these platforms based on dec...
POLS Turns 2! A Letter From Our Co-Founder
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. If you had told us 24 months ago that POLS, Polkastarter’s utility and governance token, would reach its second birthday, having contributed to $49.7M raised capital, 111 ideas funded, and 35,900 unique participants, we would have smiled in hope yet be in disbelief. The numbers are truly inspiring: ATH POLS Market Cap $360m, Current holders: +48K, +14K current stakers, ATH POLS staked: $89M, This blog post is not about singing our own praises or resting on our laurels though. This is more about acknowledging the moment, drawing inspiration from it and pushing forward with even more desire and drive. Polkastarter started as a passion project, an idea to help ideas flourish and reach their true potential. This is an initiative based around the crypto community, and it would be unfair on our part not to give props where they’re due. None of this would have been possible without the crypto community’s help, support and encouragement. We’ve taken this ride together through ups and downs, challenges, and celebrations, and we want to thank you for your unwavering support. You’re always the place we turn to for ideas, feedback, and validation as, at the end of the day, the product of our work will be received and enjoyed by you. Trying to pick highlights, moments, or project IDOs from these past cou...
How To Scale Web3 Digital Culture
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. 1983 is considered the official birthday of the Internet, and for the purposes of this blog post, we’ll use that as our benchmark. Since 1983, digitalisation has been a non-stop process. Sometimes slow, other times faster, the transition to a digital culture is as close to complete today as it has ever been. Or is it? While the version of the Internet we know has seemingly reached the peak of its powers, the next generation of digital evolution is almost upon us. Web3 culture is starting to unfold in front of our very eyes, and the challenge of scalability is the roadblock that has everyone scratching their head. Before we dive into the scalability of web3 digital culture, let’s talk about what has led us to where we are today. Digital products have historically been built and controlled by a select few. Why? The technical nature of building these products created a natural separation between builders and users. While web2 has been the foundational building block of modern society, how it was set up created several conundrums along the way. As institutions grew more prominent, the balance of power and control became disturbingly one-sided. Organizations such as Google, Amazon and Facebook ended up controlling the entire digital economy and culture. Things like digital privacy, abusive fees and terms a...
Top 5 NFT Use Cases Beyond Gaming
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. We’ve talked about the future of NFT marketplaces and the future of NFTs regarding utility. The three-letter acronym is dominating crypto news for the past 18 months, and if we had to choose one vertical that’s been constantly tied to non-fungible tokens, that would be none other than gaming. While the NFT-gaming match is undeniable, there’s a lot more we’ll see from NFTs in the near future. Today, we’ll look closely at the top 5 NFT use cases beyond gaming. Let’s get right to it. — Music - The music industry has recorded its own maturity journey in the past 50 years. From vinyl to cassettes, records and CDs to streaming and YouTube, this is a space that has changed paradigms and parameters more than once. The advent of NFTs is yet another turning point in this exciting and storied journey. Here’s how NFTs will impact the music industry in years to come: Artists will be able to tokenize their songs and albums, Sell digital merchandise to create an additional source of income. (limited digital assets), Allow creators to keep all the profits and royalties without paying a part of their earnings to a production label or streaming platform, Introducing ownership and true scarcity, How far are we from musicians releasing their music as NFTs? Apparently, not far at all. This is actually...
Is There a Sustainable Model To Web3 Gaming?
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. To say that gaming has made leaps and bounces in the past 5 years would be an understatement. The advent of blockchain technology has redefined the way we understand, conceive and play games and the more we go through this evolution, the more expectations we have from the space. Today’s topic of discussion is sustainability in web3 gaming, and we will investigate the challenges and potential for gaming. Let’s get right to it. — Challenge #1: Stability - Cryptocurrencies and blockchain systems are still going through “puberty”, which comes with some growing pains. Variables such as trust and market adoption lead to value fluctuations that can directly affect the entire system built on top of them. Think of it as a domino effect: when the market is struggling, players don’t trade, worrying about the value of their coins, NFTs and in-game assets. Moreover, the bad market sentiment acts as a barrier to entry for newcomers wanting to join. Taking all of that into account, you can understand how difficult it is for projects to develop any kind of consistent usage, proven MVP and secure the seed funding they need. Gaming projects are spending time, money and resources to address the GameFi trilemma of playability, profitability or accessibility in their internal economies when in reality, the un...
Blockchain-as-a-Service (BaaS): Everything You Need To Know
The Polkastarter blog has moved! Visit blog.polkastarter.com to read this article and stay up to date with Polkastarter. Blockchain-as-a-service (BaaS) refers to creating and managing cloud-based networks for companies building and operating blockchain apps. Think of it as simply outsourcing complex tasks to focus on your core business. Third-party providers give you the blockchain infrastructure you need to build your product/service. Blockchain has made a name for itself for being the technology behind cryptocurrency transactions. The more the technology matures, the wider the net of its applications becomes. According to the Fortune Business Insights report, the Global BaaS market size is projected at USD 24.94 Billion by 2027. As a result, the demand for blockchain hosting services has increased incrementally. The closest example we have today is web hosting. Companies like Hostinger, GoDaddy and Hostgator are comparative cloud-based examples of the version of the Internet we use today. BaaS might still be in its formative years. Still, it’s considered to be a catalyst in helping the widespread adoption of blockchain technology. — How does BaaS work? - Think of Blockchain-as-a-Service as the infrastructure, the foundation upon which you’d build, host, and operate your own blockchain app. The cloud-based service provider is responsible for keeping the infrastructure free of threats and scams and ensuring it’s ...
More Polkastarter (#POLS) News
|Over 100 Million MATIC Incinerated In POLS Mint, But The Gold Rush Is Fa...
The POLS mint was arguably the most anticipated event on the Polygon (MATIC) blockchain this year and the stats have corroborated this. On Thursday, the Bitcoin BRC-20-inspired mint took place and the burn figures have been nothing short of impressive. Over 100 million MATIC tokens were incinerated as a result of this event. But data suggests that this rush is far from over.
POLS Mint Triggers Massive MATIC Burns
The POLS token mint saw a massive turnout from the Polygon community as thousands of investors clamored to mint their tokens. As a result, the fees on the network skyrocketed and the ensuing token burn crossed 100 million MATIC.
According to reports, the fees on the Polygon network skyrocketed by over 13,000% sending fees as high as 4,005 gwei at the peak. Polygon founder Sandeep Nailwal acknowledged this increase in network activity, posting a chart that showed that the network had processed over 6 million transactions in a 24-hour period, amounting to a 170 transactions per second (TPS) rate.
What is going on on @0xPolygon POS chain? 6m transactions in last 24 hrs. 170 TPS on average. 1mn+ MATIC burnt by the protocol. The chain worked smoothly, gas fees went crazy though but no reorgs or 0 blocks etc.
I hear there is some game Baby Shark Launching, could that be the…
— Sandeep Nailwal | sandeep. polygon (@sandeepnailwal) November 16, 2023
EVM data shows that the POLS mint saw over 100 million MATIC burned which translated to over $80 million in fees ...
|Mummy.io Announces Partnership With Polkastarter As Demo Release Approac...
The non-fungible token (NFT) space has been used to innovate across multiple sectors, but the gaming and entertainment industry has seen the biggest benefits. These digital assets have allowed companies to create new universes and models for fans to connect with their favorite artists, or for players to earn real-world rewards while playing their favorite games.
However, as more people jump into Web3 and NFT gaming, more projects try to copy-paste others and the sector loses innovation, creativity, and the features that attracted users in the first place. Mummy.io is a blockchain-based massively multiplayer online role-playing game (MMORPG) looking to change the status quo.
The game will put players in a rich world based on ancient Egypt, built with Unreal Engine 5, Mummy.io will be like nothing users have seen in the past. The main complaint for NFT gaming has been its little attention to detail, mechanics, and graphics, Mummy.io will disrupt all of that.
According to the project’s Whitepaper, this is how Mummy.io will revolutionize the sector, the experience will be like that of titles created by major gaming studios:
The player has endless freedom to make choices during the game - whether to embark upon a sidequest, the parts of the world they choose to explore, how they engage with NPCs, and much more. The Mummy world is also rich in lore, environmental storytelling and intricate relationships between memorable NPCs for those who delight in exploring fantasy worlds,...