PolkaWar is a blockchain-based gaming platform built around decentralized finance (DeFi) and NFTs. The decentralized gaming platform seeks to allow players to create unique characters and participate in digital battles with other players on the platform. PolkaWar also aims to function as a marketplace for NFTs, where players can trade items like weapons and equipment in return for crypto assets. Moreover, the platform aims to give the users the option to redeem real-life replicas of some items.
According to the whitepaper, PolkaWar focuses on creating a digital fighting game world inspired by the boom of NFTs in the crypto space. The fighting game will have three characters (Warrior, Archer, and Magician), a host of weapons, and other combat equipment. Players can upgrade all the items, including characters, and access new advancements on each level. Additionally, users can auction their items on the NFT marketplace built within the game, allowing them to earn real value for the times and skills they invest in playing the game.
PWAR is the native cryptocurrency of PolkaWar and functions as a utility token for the platform. The platform seeks to reward PWAR tokens to the liquidity providers and disburses the token as staking rewards. Moreover, the platform intends to collect PWAR as transaction fees on the marketplace and as renting fees for various NFTs. Likewise, players can acquire various in-game equipment, weapons, and NFTs using PWAR tokens. PolkaWar also seeks to use PWAR as a governance token for the ecosystem. PWAR holders can participate in decentralized governance, deciding on essential matters like development, growth, revenue, etc.