Polkalokr is a blockchain platform that provides multi-chain locking and escrow functionality with integrated privacy features. The platform's goal is to build trust within the DeFi space by removing the human element and focusing on governance through code. The platform is designed as a seamless, omnichannel digital platform accessible on mobile, tablet, and desktop. An escrow is an act of allowing a third party to hold assets or funds before they are transferred between two parties. Polkalokr is a blockchain-based payment platform that aims to bridge crypto and the outside world.

According to the whitepaper, the Polkalokr platform has the following features:

LKR is the native token of the Polkalokr ecosystem. The LKR token offers utilities, such as:

Its tokenomics are: 20% of the token is allocated in private sales and 3% in public sales; 2% goes to liquidity, and 6% is distributed in the team; 13% is reserved for marketing and 25% is utilized in staking rewards; 7% is used in the platform's development and 8% goes to the reserve fund. And lastly, 9% is utilized for strategic partnerships, while the final 7% is allocated to the advisor of Polkalokr.

In 2020, Polkalokr was founded to address issues in the blockchain sector. Polkalokr was created by Imran Ashfaq and Anis Chohan, consulting for major enterprise companies for over 20 years. The team has been a part of the blockchain industry for over four years as traders, miners, educators, and funders in several early stages of blockchain projects.

In the Polkalokr project, there is a total supply of 100,000,000 LKR tokens.