What is the virtual currency Polka Fantasy (XP)? Explaining the features, price charts, and future prospects of crypto assets

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What is the virtual currency Polka Fantasy (XP)? We will explain its features and future prospects. XP tokens are unique tokens issued by Polkafantasy, a card battle NFT game. I will explain the Polka Fantasy project in an article.

What is the virtual currency Polka Fantasy (XP)?

The virtual currency Polka Fantasy (XP) is an NFT project developed by a company called Fantasy Tech Inc. Polka Fantasy is unique in that it offers its own NFT wallet on the NFT marketplace. Although the NFT boom seems to be fading away, NFT games are still a hot topic. You can earn virtual currency while playing. We will explain the characteristics of XP of crypto assets. The official link is below.

SymbolXP
Brith Date2023
DeveloperFantasy Tech Inc.
Market capitalization¥1.29 (2024)
URLHome
X、TwitterHome

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.

Dedicated NFT wallet

Polka Fantasy offers a dedicated NFT wallet. The NFT wallet provided by Polka Fantasy allows you to manage not only NFTs but also virtual currencies. The wallet also has a 24-hour trading function with other players.

Compatible with multiple blockchains

Polka Fantasy is unique in that it supports multiple blockchains. This is called cross-chain and allows transactions with various virtual currencies and exchanges. It is a highly recommended feature as it is compatible with Ethereum, Polkadot, Cosmos Chain, etc.

The production team is famous

Polka Fantasy has a team of famous and gorgeous people in the anime and game industry. These include Daishiro Okada, the head of Square Enix’s American subsidiary, and Keisuke Iwata, who has been involved in the production of Pokemon and Neon Genesis Evangelion.

  • 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 3v3 card battle NFT game. XP has the benefits of staking and getting a lot of returns, receiving exclusive items and rewards, and even being able to vote in the community. It is recommended for gamers as it has quite a lot of advantages within the game and community. There are other benefits as well, which I have listed below.

  • 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.

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.

Source : https://coinmarketcap.com/

Will the number of users increase?

Polka Fantasy is a token for gaming, and whether it can increase its value will be affected by whether it can successfully attract customers and increase the number of users on the network. It will also depend on whether services and releases are expanded at the same time.

Will there be any partner companies?

Since Polka Fantasy has just appeared, there are not many companies affiliated with it. Additionally, there are few exchanges that handle virtual currencies. However, Bybit, MEXC, Gate.io, etc. have already started handling it, and as more exchanges list it in the future, the value of this token is expected to increase.

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.

ExchangeBybit
LocationUAE
Coin300~
Leverage100x
CommissionMaker:0.1%
Taker:0.1%
URLHome

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.

ExchangeMEXC Global
LocationSingapore
Coin1500~
Leverage200x
CommissionMaker:0.010%
Taker:0.050%
URLHome

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.

ExchangeGate.io
LocationCayman Island
Coin1700~
Leverage125x
CommissionMaker:0.15~0.2%
Taker:0.15~0.2%
URLHome

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.

ExchangeKuCoin
Locationseychelles
Coin700~
Leverage100x
CommissionMaker:0.1%
Taker:0.1%
URLHome

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.

ExchangeBitget
LocationSingapore
Coin700~
Leverage125x
CommissionMaker:0.1%
Taker:0.1%
URLHome

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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