WhatAre Polychain Monsters (PMON)?

Polymons are animated digital collectibles created using blockchain technology. Each Polymon is backed by a unique NFT indistinguishable from any other NFT and can be unpacked with PMON tokens, the native token on the Polychain Monsters platform. The Polychain Monsters is a cross-chain digital collectible and gaming ecosystem, where Bitcoin Unidragon, Elrond Unidragon, Ethereum Unikles, Genesis Island Land Ticket are some Special Edition Polymon available within the ecosystem. 

According to its whitepaper, one of the standout features of the Polychain Monsters Universe is holding a unique monster. Within each species of Polymon, there are various types of horns, colors, backgrounds, and glitter effects that can be unlocked. Polychain Monsters' unique properties make NFT collectibles and gamified entertainment a whole new standard for others to live up to. Polymons NFTs can combine the simplicity of the technologies' expectations with high-end visualizations. 

As mentioned on its website, every animated NFT can be unpacked from digital booster packs with PMON on Ethereum, Binance Smart Chain, and Polygon. PMON is a hyper-deflationary asset utilized for booster pack openings, farming, and play-to-earn games. Hyper-deflationary assets reward community members by increasing the value of their holdings, protecting them from supply changes. It is an ERC-20 token, therefore divisible, tradeable, and easy to integrate into the DeFi ecosystem. 

With each booster pack opening, 40 percent of each PMON gets burned forever, which leads to an ever-decreasing total supply. Twenty-five percent gets transferred into the Collector Staking Pool, 15 percent is transferred into the Farming Pool, 10 percent goes into the staking pool, and the remaining 10 percent is transferred to the development fund. The main goal is to be the building blocks for a modern and sustainable collectibles ecosystem.

History of Polychain Monsters (PMON):

Leif Eric Leiser (CEO & software engineer), Lennart (CMO & software engineer), and Wolf Bauer-Oberlein (CTO & software engineer) are some of the core members of the Polychain Monsters. The initial dex offering (IDO) was launched on March 13, 2021.