PolkaRARE to Develop Cross-chain NFT Marketplace on PolkaFoundry and Launch IDO on Red Kite

Alex
Red Kite
Published in
3 min readMay 4, 2021

NFT businesses currently scattered across a growing number of NFT websites require one centralized NFT marketplace to build influential NFT brands and unlock maximum value. Towards these efforts, PolkaFoundry is pleased to announce its partnership with PolkaRARE, an interoperable cross-chain NFT marketplace, aimed at making it easy to seamlessly use one PolkaRARE marketplace across leading blockchain ecosystems. Under the partnership agreement:

  • PolkaRARE will use the PolkaFoundry one-stop production hub for NFT and DeFi applications on Polkadot, and other blockchain ecosystems, to create a frictionless cross-chain NFT marketplace and user experience.
  • NFT e-commerce shops on PolkaRARE can do business with buyers and sellers across leading blockchains from one powerful, scalable, and interoperable storefront.
  • PolkaRARE will launch its upcoming IDO on the PolkaFoundry Red Kite multi-chain launchpad with access to Ethereum and BSC pools.

PolkaFoundry is a one-stop dApp factory for building dApps for the NFT and DeFi markets for scalable and interoperable blockchains. Through a suite of user-centric development tools and features, PolkaRARE will be able to create a user-friendly interface with NFT buyers, sellers, and marketplaces. PolkaRARE users will gain easy, frictionless access to NFT markets across chains PolkaFoundry’s UX-enabling and other user-friendly features.

PolkaRARE is a multi-chain NFT marketplace powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain. By building on PolkaFoundry, PolkaRARE users will be able to easily cross-sell in the thriving NFT markets being developed across these chains. Furthermore, NFT markets built on PolkaRARE benefit from gasless transactions, an NFT price discovery tool, and NFT collateralized loans. These services will be supported by PolkaFoundry’s continuously expanding add-ons, including file storage, identity management, and decentralized Oracle data access.

PolkaRARE IDO on Red Kite

We are equally pleased to announce that PolkaRARE is one of the hand-picked projects chosen for its innovative concept and effective execution to list its IDO on PolkaFoundry’s Red Kite launchpad on [May 11th]. Red Kite is a state-of-the-art launchpad designed to improve investor access to and participation in IDOs. Already an in-demand launchpad, Red Kite has some high-profile projects in the pipeline. IDO participants need to hold the $PKF token.

What is Red Kite?

Red Kite, part of the PolkaFoundry ecosystem, is a launchpad designed with unparalleled features to host hand-picked, fully-vetted projects. Capital-raising efforts are supported by a network of tier-1 marketing partners, top influencers, and communities; a robust vetting process; and easier investor access at a lower price. Features include multi-chain support, parachain crowd loans, a lane-based swap system, and a smart reputation point system.

About PolkaRARE

PolkaRARE is a Web3 economy for unique and scarce digital assets powered by Polkadot, Polygon, Ethereum, and Binance Smart Chain. The NFT multi-chain marketplace allows any user or brand to create, trade, and discover NFTs. By leveraging an NFT’s provable scarcity and transferability, and PolkaRARE’s offerings, we aim to unlock the maximum potential of NFTs.

About PolkaFoundry

PolkaFoundry is a platform for building borderless and frictionless DeFi dApps on Polkadot. It aims to be the one-stop production hub for DeFi dApps with all the necessary features, services, integrations, and tools for DeFi experiments, innovations, and real-world solutions.

Taking advantage of Polkadot's interoperability and scalability and integrating many DeFi-friendly services into the platform, PolkaFoundry also provides UX-enabling features that make dApps as easy to use as normal applications and bring dApps to the masses.

Need more information about PolkaFoundry?
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