Polygon’s Number 1 Community Token: Polydoge.
Within a few months from launch, this blockbuster project grew to high horizons never seen before by any Polygon community project. Polydoge stood firm and kept building through ups and downs in the crypto market, which included: the May 2021 market crash and the 2021 summer rug pull frenzy at Polygon. Polydoge’s relentless efforts went unrewarded as Marketcap grew from a few thousand dollars to over $14million in a few months.
In this article, we’ll be talking about the shining Doge and what to expect next from it
What is PolyDoge ?
PolyDoge is a meme community token built on Polygon. It launched its DAO (Decentralized Autonomous Organization) — this is a blockchain democratic system in which stakeholders in a project have a fair vote or say on issues about the blockchain or project. A DAO makes a project decentralized, Polydoge is decentralized!
Brief History
Polydoge launched in April 2021, making it one of the earliest projects on Polygon.
Pat McPat is the founder of this awesome project with key advisors and top community members like Jordan Carter, Bart Baker, Gerald Smiley, Shira Lazar, and many more.
Tokenomics
Polydoge has a total supply capped at 1,000,000,000,000,000 PD tokens with 14.494% of these tokens burnt, which is worth $2million +. You can verify this here.
Polydoge was a completely fair launch with no whitelist or premine.
You can buy Polydoge on these DEXes: QuickSwap, 1inch, Apeswap, etc. On centralized exchanges too: OKEx, Gate.io, and MEXC.
Technology
Polydoge aims to be different and leverages other projects’ failures to improve itself in any sector they try to enter. A very fast-growing project with these utilities onboard:
DAO
The DAO is a decentralized way of making decisions in a blockchain/ project. Instead of one person making decisions that might be good or bad, stakeholders should make these decisions together- that’s why there’s a DAO.
To participate in Polydoge DAO go to https://snapshot.org/#/polydoge.eth , where you can see expired proposals and new ones, you can also propose, and yes, you will be able to vote too. It’s also noteworthy that once you connect your wallet to the DAO site, the website will automatically calculate your voting power, which is the amount of NFTs or Polydoge tokens you hodl.
800million PD tokens were left at the disposal of the DAO by the Polydoge team, leaving them to spend as they see fit.
Pals, Do you know that you can create a project in the DAO?
Yes, you can.
Right from the horse’s mouth — Pat McPat (Founder of Polydoge):
‘MetaPetz is a project launched by the Polydoge DAO. Anyone can come and create a project and get PolyDoge’s help and in return, the PolyDoge DAO / holders get benefits. In this specific instance, this project is run by a core member of PolyDoge (Jordan Carter), to pave the way and inspire the other projects thinking about launching, to launch with us instead.
For example, I haven’t personally done anything for Metapetz. I will help out with my connections (not that Jordan needs any of it, maybe with CEX listings).
You’ll see at first hand what the PolyDoge DAO is capable of in terms of resources, marketing, and contacts.
This is particularly useful for devs who don’t know or don’t have the resources to make something work. They join us in the DAO, they launch their product, we make it successful, we win resources + gains, they win gains they wouldn’t win without our connections. Also, they get to join an already built community.
The idea is to eventually have a multitude of projects running, therefore a multitude of resources.’
Bullish!!!!
NFTs
Polydoge has airdropped and launched 5 NFTs! And they all have utility. In the DAO, for instance, you get voting power by the amount of NFTs or tokens you hold.
1.) The Genesis Coin NFT was airdropped to Polydoge holders in May 2021.
2.) Diamond Hands NFT was a reward NFT airdropped to Polydoge hodlers that stood strong and kept hodling the token after the May 2021 BTC market crash. Their diamond hands paid off 🙌🏻 💎. A snapshot of this was taken at 13.45 UTC on 23 May 2021.
3.) PolyDoge x Polycat Power Ring NFT is a partnership NFT because the doge loves the cats 🤗. At the time of June 6th, 2021, over $9million worth of Polydoge was deposited in Polycat’s farm, earning $FISH. We love the 🐠. PolyDoge decided to reward stakers of Polydoge at Polycat with this special edition NFT: Power Ring NFT. The Lord of the Rings 😇.
4.) The Lord of The Doge: One Ring to Rule Them All NFT. 🤔 that might be the actual Lord of the Rings.
5. Polydoge Baseball NFT was airdropped to Polydoge hodlers who had 250m+ PD tokens on June 13th, 2021. On June 12th, 2021, Polydoge sponsored the 2021 Celebrity Softball Classic in Arlington, Texas. It was a community event in which Polydoge helped via sponsorship in the fight against child trafficking and also provided scholarships to children of fallen and disabled USA service members. So, it’s a day Polydoge won’t forget in a hurry. To mark this day, they airdropped this NFT.
6. Polydoge Cards NFTs is a collection of 10,000 unique cards. Each NFT minted will have randomized rarity, traits, and designs, with hundreds of thousands of possible combinations.
Gaming
In the summer of 2021, Polydoge launched the first FPS to be integrated with the Polygon network, DogeQuake.
You earn free Polydoge by fragging out with other players and you get paid on PolyDoge for every kill.
Procedure on how to play:
1.) Head to the Polydoge Gameroom Telegram
2.) Type “/deposit” to create your DogeQuake deposit wallet
3.) Type “/quake” to get your DogeQuake login link
4.) Click your login link and get ready to play
5.) Type “/withdraw” when you’re ready to claim your PolyDoge
Merch
Giving back to the community isn’t a new thing for Polydoge, they’ve done that numerous times either through token airdrops, NFT airdrops, or burning; the Polydoge merch store won’t be the first or the last one.
T-shirts, hoodies, accessories, and more branded stuff are sold at the Polydoge merch store. The proceeds from the merch store are used to buy back Polydoge.
Events
‘Events???!’
Yes, I know you didn’t expect this. Polydoge might be the first project you’ve heard that hosts and organizes events. Yeah, first of it’s kinda stuff. Well, active PD token hodlers know the real deal — Polydoge events aren’t new to them. The biggest virtual Polygon event ever — PolyCon 2021, which Polydoge hosted in September, amassed 3,000 visitors, 100 exhibitors, and $23,000 through ticket and vendor sales!! And the funds generated through ticket sales were used to buy back Polydoge. PolyCon was a big success, but Polydoge didn’t just start with PolyCon — Dygycon 4 was its first and they took off with GamerJibe Olympic watch party back in July. Did you win an Olympic medal NFT? If you participated in the event, you sure did.
You can’t read this article and tell me you aren’t bullish on this project because this is just the beginning, more updates are yet to come — Is it the highly anticipated P2E game, MetaPetz, or the latest top-secret update from Pat McPat hinting on Defi 🤯🤯👀👀, it’s always bullish at Polydoge.
Remember,
1 PolyDoge = 1 PolyDoge.
If you enjoyed this write-up and would like to reach out to me. This is my twitter handle — twitter.com/0xSalazar
Please remember to do your research. None of this is financial advice.
