PolkaParty

PolkaParty is to create a seamless user friendly experience for administration

Description

The parties will include members, whose personal wallets are integrated into the parties’ wallets. Depending on the criteria set by the party when it was formed, the party will consist of members with voting rights and some without voting rights. However, the two groups of personnel can make a capital contribution to the party’s wallet and the profits of the party’s activities as a whole! However, party members can still contribute politely without voting rights, as the P2P function is applied to organic party chat and research.
Even so, the only difference between the two separate personnel (Voting vs No Voting) will result in how voting wallet addresses will ultimately be able to provide party guidance. by voting action (depending on the type of party model).
Public/Private Parties (HouseKeys):

HouseKeys is created for all users who create groups (Public or Private), although when viewing public parties on the main dashboard on the PolkaParties Portal you will be able to join groups seamlessly (HouseKeys are turned into “buttons” input functions which will then request transactions in Web Browser3 ).
Private parties need a HouseKey to join the group (HouseKey is required to sign a smart contract, so your wallet will be integrated into the party wallet).
Favorite Example: An influencer created a special party for him and his respective followers & community to join.

How Does PolkaParty Work?
Parties will consist of members, whose personal wallets are integrated into the party wallet.
Depending on the criteria set by the party, the parties will consist of voting and non-voting members.
Wallet addresses with voting power will eventually be able to provide party guidance with voting actions
HouseKeys are generated for all users creating parties (Public or Private), through which users can join parties seamlessly on the main dashboard within the PolkaParties Portal.
HouseKey is required to sign a smart contract, so your wallet will be integrated into the party wallet.
PolkaParty has built a time-interval based model that allows created parties to allow Partygoers to withdraw funds within a set timeframe.
From such party’s action, the user will be given a Daily, Monthly or Yearly + Withdrawal Time Sequence, to withdraw the profits back to the personal wallet.
Penalty for early withdrawal of funds before the distribution interval for party members.

Private party invitations are sent to the wallet address to be validated on the whitelist form in the private group settings panel.
UI (side settings) → (add wallet) then the wallet is added to the whitelist palette.
What is the delivery time?
Due to the nature of the party (of DAO) and fully believing in having a seamless admin experience for users, PolkaParty built a model based on the time period that allows created parties to allow party Users. can be drawn within a specified time, set when the batch is first created. During this separate period, users can withdraw + their respective profits allocated to their wallet connected to the party. From party action, user will be given Daily, Monthly or Yearly Withdrawal Sequence + to withdraw profit to personal wallet.

Polka Party Gifts

After the collection of the daily distribution fee, the total amount that has been collected will be paid back to the user, up to 50% of the total daily distribution fee collected on the platform, which stakes the POLP on the platform. If the volume & number of trades increases on each side, the bonus/payment of holding the POLP will also increase.

Token

POLP is PolkaParty’s governance token and the main catalyst behind most of the platform’s products and features. All protocol management decisions are made by the POLP holder: from new products to asset rebalancing, strategy and integration. POLP allows its holders to take control of their financial future.

Tokenomics

Nama Token: POLP

Total Supply: 200,000,000

Private Sale: 500,000 (20 million Tokens)

Public Sale: 250,000 (781 NFT) (7.81 million tokens)

Private Selling: $0.025

POLP at launch: $0.032