What is the cryptocurrency Polka Fantasy (XP: polkafantasy) that is often mentioned in information about how to start NFT games? This article will explain its features and future prospects. XP tokens are unique tokens issued by Polkafantasy, a card battle NFT game. This article will explain the Polka Fantasy project.
What is the virtual currency Polka Fantasy (XP)?
The cryptocurrency Polka Fantasy (XP) is an NFT project developed by a company called Fantasy Tech Inc. Expected to be released in 2021 or 2022, Polka Fantasy is unique in that it offers its own NFT wallet on the NFT marketplace. Although it seems that the NFT boom may be fading, NFT games are a hot topic. You can earn cryptocurrency while playing. We will explain the features of the cryptocurrency XP. The official link is below. How to buy, use, and create by playing can be done from the exchange homepage described below. Let’s take a look at it later.
| Symbol | XP |
| Brith Date | 2023 |
| Developer | Fantasy Tech Inc. |
| Market capitalization | ¥1.29 (2024) |
| URL | Home |
| X、Twitter | Home |
Develop NFT game
Polka Fantasy is developing an NFT game. NFT games are created using NFTs, which are non-fungible tokens of digital data created on blockchain technology. Polka Fantasy is developed as a game that supports Play to Earn. It is a game with beautiful graphics and is highly recommended for game geeks. It has become very popular among otakus in Japan, and you can start by using a domestic exchange account to send money using Metamask etc. from the official website page. It is said that even beginners can earn money if they prepare and start trading.
Dedicated NFT wallet
Polka Fantasy has officially sold and provided exclusive NFT wallets since the beginning. With the NFT wallet provided by Polka Fantasy, you can connect and manage not only NFTs but also virtual currencies on the screen. The wallet is attractive because it can be set up and selected within 24 hours, and it also has the ability to exchange and trade with other players during in-game events. It has many attractive features and is a convenient system that makes it easy to trade on your smartphone. You can get coins as soon as you complete them, so you can earn them. This is the kind of coin that has the potential to go up.
Compatible with multiple blockchains
Polka Fantasy is the first coin, and unlike other coins, it has the feature of being compatible with multiple blockchains. This is called cross-chain and allows transactions with various virtual currencies and exchanges. It is a highly recommended feature that can be used as it can support and expand important stocks such as Ethereum, Polkadot, and Cosmos Chain, which have a proven track record. It is also advertised on YouTube etc.
The production team is famous
Polka Fantasy has a team of famous and luxurious people in the anime and game development industry. These include Daishiro Okada, the head of the American subsidiary of Square Enix, famous for Dragon Quest and card games, and Keisuke Iwata, who has been involved in creating characters for Pokemon and Neon Genesis Evangelion. You can obtain the target coins in a web or PC environment, use them, and now earn money afterwards. Creator is a coin that is attracting attention in the market. We also have a roadmap, so let’s take a look at the simple schedule.
- ALEX HUI（CEO）
- Mr. Daishiro Okada (Strategic Advisor)
- Keisuke Iwata (Anime Advisor)
- Mr. Masayuki Matsuoka (Anime Advisor)
unique token
The token is a unique token issued by Polkafantasy, a two-dimensional 3v3 card battle NFT game. XP has the benefits of staking and getting high returns, auctions, exclusive items and rewards, and even community voting. It is recommended for members of gaming users as it has quite a lot of advantages within the game and community. There are other benefits as well, which I have listed below. Basically, it has the advantage of being able to be operated by one button, and even individuals can earn money while completing the game.
- Staking function
- Additional features for distribution and royalties
- Ability to access exclusive items and rewards
- Upgrade your NFT collection
- community vote
- Discount applied to XP transactions
Future outlook and future potential of tokens
We will explain the future outlook and future potential of the token. Is there a possibility that the price will rise in the market? Make your own judgment and consider whether to invest. Some of the content is still in its infancy, so depending on your goals, it may be best to wait and see before you start. Binance, Bitbank, Coincheck, GMO, etc. have also started handling it in their systems. It hasn’t fluctuated much, so it will take time to see if it will rise. You can also send money from an address using metamask etc.
current trading chart
Coinmarketcap monthly chart data. There is a background that the project started in 2023, and there is still a long way to go. Therefore, the evaluation will depend on the future whether it is good or bad. Lately, the exact direction is still unclear, whether it will go up or down. I’m looking forward to seeing if I can make a profit. It has been said that it will end in some parts, but it is not yet at the stage where we can say when it will end. The price is stable, so at the very least, it is recommended to hold it, wait for it to rise, and then sell.
Source : https://coinmarketcap.com/
Will the number of users increase?
Polka Fantasy is a token for games, and whether it can increase its value will depend on whether it can attract customers and increase the number of users in the network in the future. At the same time, it will also depend on whether services and releases will be expanded. Some places are distributing it for free, but it seems that the culture has not yet spread. It is minor compared to Polygon, so if you are interested, I recommend that you have a lot of it and store it. There is a possibility that it will be strengthened and skyrocket after a period of time, so depending on the conditions, it is a chance to earn money.
Will there be any partner companies?
Polka Fantasy has only just been launched, so there are few partner companies. There are also few exchanges that handle virtual currencies. However, Bybit, MEXC, Gate.io, etc. have already started handling it, and it is expected that the value of this token will increase as more exchanges are listed in the future. The problem with thinking about how to make a lot of money is that it is completely specialized in demand as an item such as a weapon on a platform such as gameplay. Although its presence is still small, the key is whether those who are interested in the operation itself can specifically enter or aim for it.
Recommended virtual currency exchanges where you can purchase XP
Finally, I will introduce virtual currency exchanges where you can actually purchase this virtual currency. We have compiled the information for your reference. We have selected recommended exchanges that cover Bitcoin (BTC), altcoins (Ethereum (ETH), Tether etc. (USDT), Ripple (XRP)), and where you can invest in a large number of coins. It is an exchange where you can trade using an app or a computer. Each has its advantages and disadvantages, but there is no risk and you can make a large profit by making payments. It is safe because a loss cut is adopted when the amount of loss exceeds a certain amount.
Bybit
Bybit is a cryptocurrency exchange established in Singapore. However, it later moved its base to Dubai and is a virtual currency exchange that is expanding globally. The leverage is quite high at 100 times, and the number of coins handled is over 300, so it is quite fulfilling. Overall, there are plenty of big campaigns and bonus services, which is a plus.
| Exchange | Bybit |
| Location | UAE |
| Coin | 300～ |
| Leverage | 100x |
| Commission | Maker：0.1% Taker：0.1% |
| URL | Home |
MEXC Global
MEXC Global is a virtual currency exchange established in Singapore, Asia. The main users are Japanese, but it is spread all over the world and millions of users transact every day. It handles over 1500 virtual currencies, and you can also speculate on unknown coins, so it is recommended. The maximum leverage is 200x. News also provides information on coins that are attracting attention.
| Exchange | MEXC Global |
| Location | Singapore |
| Coin | 1500～ |
| Leverage | 200x |
| Commission | Maker：0.010% Taker：0.050% |
| URL | Home |
Gate.io
Gate.io is a virtual currency exchange established in China and may have a suspicious image, but it is currently based in the Cayman Islands and is very safe. It handles the largest number of coins in the world, with over 1,700 issues, making it the most recommended exchange for those who want to speculate. We also communicate through the media when new listed coins are released.
| Exchange | Gate.io |
| Location | Cayman Island |
| Coin | 1700～ |
| Leverage | 125x |
| Commission | Maker：0.15~0.2％ Taker：0.15~0.2％ |
| URL | Home |
KuCoin
KuCoin is a virtual currency exchange established in Hong Kong, but has now moved to the Seychelles Islands. We have successfully expanded globally as a virtual currency exchange that is traded by 8 million people around the world. You can invest in over 700 virtual currencies. The operation is thorough in verifying the identity of the user, and funds can be deposited at a financial institution and international remittances can be made to the wallet.
| Exchange | KuCoin |
| Location | seychelles |
| Coin | 700～ |
| Leverage | 100x |
| Commission | Maker：0.1％ Taker：0.1％ |
| URL | Home |
BitGet
BitGet is a cryptocurrency exchange established in Singapore. Currently, there are millions of users around the world, and it is popular because it has very solid security. The latest copy trading has been introduced in the industry, and it is very famous and has a large number of registered and participating users. The amount of money will increase because you imitate the buying and selling details of experienced traders, both short-term and long-term. You can increase it starting from a small amount.
| Exchange | Bitget |
| Location | Singapore |
| Coin | 700～ |
| Leverage | 125x |
| Commission | Maker：0.1％ Taker：0.1％ |
| URL | Home |
Points to note when trading virtual currency
One thing to keep in mind when trading virtual currencies is that taxes are payable when profits are determined, not losses. Please be aware that if you make a similar profit on overseas virtual currency exchanges, you will be required to file a tax return in the future. Downloading transaction history is also popular and quite convenient, and the technology and functions have progressed considerably. If you are buying in cash, be sure to check as there is a possibility that the prices of the stocks you are holding have soared without you knowing. Please also check the terms of use online.
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