
Polkarare (PRARE)
Key data
updated $0Polkarare (PRARE) is the utility token behind Polkarare, a cross-chain NFT marketplace where users can create, buy, sell, and stake digital collectibles. The platform was built to work across several blockchains — Polygon, Ethereum, and BNB Smart Chain — so NFT trading isn't locked inside a single network. In plain terms, PRARE is the platform's internal currency: it powers staking rewards, governance votes, and interactions with the marketplace.
Frequently asked questions
What is Polkarare and how is it different from other NFT marketplaces?
Polkarare is a multi-chain NFT marketplace — you can mint, buy, sell, and earn with NFTs across networks like Polygon, Ethereum, and BNB Smart Chain instead of being stuck on one chain. On top of trading, the platform adds staking and governance through its PRARE token, which most plain marketplaces don't offer.
Does PRARE run on its own blockchain, and how does it stay secure?
No — PRARE doesn't have its own blockchain. It's a standard token (ERC-20 on Polygon and Ethereum, BEP-20 on BNB Smart Chain), so its security depends on the host networks' proof-of-stake-based consensus rather than on any Polkarare-specific mechanism.
How is the PRARE token supply and emission structured?
PRARE has a fixed maximum supply, and no new tokens are created through mining — there's nothing to mine. The initial allocation is released gradually over time according to the project's vesting schedule, covering areas like staking rewards, ecosystem incentives, and the team.
How can I store and use PRARE tokens?
Any non-custodial wallet that supports Polygon, Ethereum, or BNB Smart Chain will do — MetaMask and Trust Wallet are popular choices. Within the Polkarare platform, PRARE can be staked to earn rewards, used in governance voting, and spent on NFT-related services.