PolkaCipher Coin Review : Is It Good Or Bad Coin Read Our Article

About PolkaCipher Coin

PolkaCipher Coin is a Polkadot-based privacy-preserving oracle network focused on bringing the use case of private NFTs to off-chain businesses and be a bridge for seamless integration to on-chain Defi apps. PolkaCipher’s unique offerings help push the use-case of the NFTs in real-world scenarios while still being connected to a cross-chain network that is fair and accurate. PolkaCipher intends to achieve business goals by helping users transact privately and securely using NFTs as a mode of access to different decentralized apps (dapps) and real-world businesses

PolkaCipher Coin Basic Point Table

Expert Team Members

CPHR Price Live Data

The live PolkaCipher price today is $0.000490 USD with a 24-hour trading volume of not available. update CPHR to USD price in real-time. PolkaCipher is up 0.01% in the last 24 hours. The current CoinMarketCap ranking is #8181, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 CPHR coins.

Token

Utilize CPHR to bid on ADP (General Data Provider) qualification auctions on a monthly basis. The entry level price is 0.01CPHR. The CPHRs that participate in the auction will have 25% of their value burned. Initially, the maximum number of ADP onboarding is 500, and the maximum number of ADP onboarding will be adjusted based on the results of the previous auction; at the same time, the maximum number of ADP auctioned every three months will increase by 1%

Ecosystem

PolkaCipher is a cross chain privacy preserving project on Polkadot ecosystem. primary aim is to expand the applications of NFTs & DeFi and its usecase in business setting and also increase the reach of Web3 applications in blockchain economy via seamless integration to our project, privately. intend to bridge the gap between off-chain internet economy and on-chain blockchain decentralized application, using PolkaCipher that relies on verified vendors to provide accurate and trusted data.

Solution

The preliminary plan of PolkaCipher is to build a scalable Layer 2 component layer based upon a privacy blockchain and a P2P network in the blockchain ecosystems for data management (such as data availability and reliability) and privacy protection for decentralized NFT transaction before Polkadot main-net goes live and meets the technical and functional requirements of this project.

Features :

Truss

An ecosystem where you can Lend/Stake/Mine token $CPHR to generate more rewards by empowering systems and data collection nodes, acting as the pillars of the Polkacipher’s vision

eData

These are NFT secured specialized vaults that can be only accessed through the NFTs as a key. These NFTs can be minted privately or publicly based on the user’s choice. Users need to stake certain amount of token to activate the locker.

bNFTs

bNFTs are privacy-enabled business document solution that can be privately minted, distributed, and collected. bNFTs can also work as a legal document, ownership transfers, access passes, etc. with an option to transact privately or publicly.

CipherDEX

PolkaCipher CipherDEX will be a privacy enabled fully compatible dex with EVM chains and built on Polkadot, allowing anyone to trade bNFTs privately and securely that were minted on Polkacipher’s network.

RoadMap

Where Can You Buy PolkaCipher?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On PancakeSwap (V2), As It Has The Highest WBNB/WAIFU. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WBNB/WAIFU And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

FAQ Of PolkaCipher