Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Ncandie FCnwch on September 12, 2021, 02:48:23 AM
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Investors' Security, trust, and Right to transparency are pillars in the crypto space. Many projects fail in the attempts of providing a transparent network for many reasons; lack of information on the team, misbehavior, smart contract complexity, biased tokenomics and very complex to grasp easily. These later cited are primarily the main reason for fears related to crypto adoption.
Most users can’t read smart contracts... How do we know that tokens are being distributed fairly and as the issuer explains? Inflation & token unlock need to be more understandable for everyone.
Hence, comes up Polkalokr, a so-called escrow platform based on the Polkadot network to help project owners, creators, or developers to provide a secured platform and tokenonics to investors through a customizable escrow protocol developed on both polkadot and ETH network. The ecosystem token $LKR fuel use cases and access to all the services.
Let's talk about this ! let's have the CONS and the PROS
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If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).
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For any project to survive the market structure, alot of factors needs to be greatly considered.Devs team for instance is a crucial factor, solving most complex problems and simplifying it to be user friendly. Having the right platform to showcase the project is an important aspect and Polkalokr has scruitly done that for flexibility, sustainability and free and fair distribution.
In conclusion Polkalokr is a well orchestrated, customized protocol enabling it's investors to buy and stake it's native token $LKR through its ecosystems.
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The issue of investors' security in crypto-based projects has been a really tough one to talk over the years which has cause lots of loss of funds amongst investors. Most projects' owners don't even care, they just want their projects out in the market ASAP. In the end, these projects fail to survive the market.
Kudos to Polkalokr team for making a change in this aspect and help solving most complex problems like reading smart contracts. $LKR the ecosystem token paves way to enjoy flexibility, simplicity and sustainability
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If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).
You are right, Polkalokr is highly transparent and secured with policies. I am also impressed with the new automated token distribution method, this will boost the confidence of user to grab more $LKR for stake unlike the usual manual ones. The customisable and flexible release schedules makes it a preferred choice for token locking.
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Ordinarily, blockchain is naturally secured but the system is weak in the sense that token unlocks and distributions are still often done in a centralized way. Most investors don't have good knowledge about inflation and token unlocks so they don't know if tokens are being distributed fairly. These most times causes lose of investors' funds.
But all is fine now with Polkalokr bringing back trust and simplicity to complex token ecosystems. $LKR can give access to all features of Polkalokr.
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In the real sense of it, Polkalokr has solved the problem with tokens economics that can be encountered in the eventuality of the project. To know more about this, the website is a tool to find out.
It's products and services through its ecosystems is transparent, simple, easy to use and non complex. So much work has been put together by the team to make this possible reality, And truly its native token $LKR makes it possible to access all its services.
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If we ponder about the scenario of user's security, it is a boiling pot for disaster if projects are not prioritizing their security. Many projects are created in a rush to get to market and don't consider security as one of it's outmost concern. Polkalokr on the other hand, has been phenomenal in it's security and transparency and at the same time; designed a more flexible and user friendly interface suitable for any type of user; even newbies can perfectly understand the simple staking process, No complexity of smart contracts. Distribution of locked token is automated and which eliminates manual modes or human element interference. $LKR defines a perfectly secured and transparent Escrow and staking system 8) 8).
Above all odds; Polkalokr escrows and staking system has been able to present new opportunity for users to play with their tokens and earn money, Staking on Polkalokr doesn’t pose the kind of risks associated with mining as it requires no equipment setup or complex installations or technicality to interact and use the interface. I can confidently mention that; $LOKR is the most versatile, secured and transparent, multichain token escrow in the world you will ever see today as they are user-centric and focused on fairness and trust; placing user's experience as core priority.
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Enough accolades to Polkalokr team members who earnestly put so much work to create a trusted, flexible and user friendly interface. I like the fact that there's no complexity of smart contracts, distribution of locked tokens is automated and newbies can fully understand the system. I implore all to check the website and be sure to acquire some $LKR so as to gain access to all amazing features of Polkalokr
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For any project to survive the market structure, alot of factors needs to be greatly considered.Devs team for instance is a crucial factor, solving most complex problems and simplifying it to be user friendly. Having the right platform to showcase the project is an important aspect and Polkalokr has scruitly done that for flexibility, sustainability and free and fair distribution.
In conclusion Polkalokr is a well orchestrated, customized protocol enabling it's investors to buy and stake it's native token $LKR through its ecosystems.
Absolutely, I think we are on a whole level of understanding with the project. The security systems is also part of the factors, offering exclusively securitically ecosystem is overwhelming, with this, users can conveniently explore and read it's Smart Contract. Building on ETH network also makes it secure in a way.
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First a layer of security, and trustcore for project developers basing on the customizable escrow platform. A way for investors to leverage passive income for more sustainable growth in crypto spectra. This makes Polkalokr a very complete Defi mechanism launched to help getting rid of marxism of project developers ot creators.
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Investors' Security, trust, and Right to transparency are pillars in the crypto space. Many projects fail in the attempts of providing a transparent network for many reasons; lack of information on the team, misbehavior, smart contract complexity, biased tokenomics and very complex to grasp easily. These later cited are primarily the main reason for fears related to crypto adoption.
Most users can’t read smart contracts... How do we know that tokens are being distributed fairly and as the issuer explains? Inflation & token unlock need to be more understandable for everyone.
Hence, comes up Polkalokr, a so-called escrow platform based on the Polkadot network to help project owners, creators, or developers to provide a secured platform and tokenonics to investors through a customizable escrow protocol developed on both polkadot and ETH network. The ecosystem token $LKR fuel use cases and access to all the services.
Let's talk about this ! let's have the CONS and the PROS
insightful to say the least. going back to project tokenomics you made mention of.polkalokr eliminates human involvement in token distribution hence putting token distribution into the hands of network participants through governance-as-a-service.
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First a layer of security, and trustcore for project developers basing on the customizable escrow platform. A way for investors to leverage passive income for more sustainable growth in crypto spectra. This makes Polkalokr a very complete Defi mechanism launched to help getting rid of marxism of project developers ot creators.
precisely, token creators can be snaky especially in the defi world where there is no central power to check for malicious token distribution or smartcontract manpulation by creators with mischievous intent. polkalokr seek to eliminate such vulnerability and give power back to network participants
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wow, that is so helpful.. that literarily means the entire process will be decentralized and there won't be any cause for doubts or distrust when investing.. quite a big problem polkalokr is successfully solving in the defi world, a world where there's no such thing as over protection lol
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:) ikr? the issue of security particularly in the defi world can never be over emphasized and is in fact one of the most highly demanded utility in the space. with this ground breaking innovation that is polkalokr a lot of enterprises looking to build transparency and trust with thier clients will definitely integrate this services polkalokr offers.
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I'm glad the $LKR token gives access to wonderful features like discount on premium services, giving power to the community to Influence project decisions, allow staking for some rewards and even monetize locked tokens. Now I see why In such a short period, many projects are already in partnership with Polkalokr, I mean who wouldn't want to invest in such a transparent, flexible and user friendly platform?
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wow, that is so helpful.. that literarily means the entire process will be decentralized and there won't be any cause for doubts or distrust when investing.. quite a big problem polkalokr is successfully solving in the defi world, a world where there's no such thing as over protection lol
Simply put, users will be in control, in a whole new level of decentralisation. Friendly interface to interact with. Polkalokr has come with a mission to create a giant foundation in the blockchain industry, also to creating an ecosystem that can be user friendly, that even a noob can understand.
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Staking tokens is one the most lucrative ways cryptocurrency Holders can make some cool cash from the cryptos they are holding, instead of the coins just sitting down in their wallets, they do rather put it to work to maximize profits; in the same vein, the Stakers are likely to loose trust in the process as lack of transparency and trust are major setbacks,Polkalokr has created an ecosystem centered on trust and transparency and is gaining popularity because of the User friendly interface; with great flexibility and Simplicity, void of complexity of smart contracts which might prone to mistakes of staking on wrong addresses. Polkalokr has successfully created a safe to use Staking and Escrow platform and has gained to itself Trust and a brighter future as more Users are attracted to the platform and are willing to Get some $LKR for staking benefits; the reason is not far fetch, the automatic token distribution has gain maximum adoption and it is definately fading out the old manual way. The automated distribution process gives User's maximum assurance of a fair token distribution.
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Although the popularity of all the platforms is higher here but the popularity of the Escrow platform among them is comparatively higher than that of Polcadot. Although the demand for polka dot cryptocurrency is huge, the Escrow platform is still popular. Escrow platforms occupy a wide space in cryptocurrency.
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I believe in Lokr's system and its escrow system; I don't care if others believe in it or not; Escrow is a safe protocol for trading, similar to shopping; I'm concerned about the security of my portfolio, which I know Lokr will provide. Because to Gen's anti-whale and anti-bot technology, I will no longer be concerned about my investments. I hope they achieve their objectives and make the entire system more secure.
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Polkalokr is restoring trust and simplicity to complex token ecosystems by creating a multi chain token escrow platform that puts token distribution into the hands of network participants through governance-as-a service.
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Escrow services are the key to making payments more secure. This financial structure allows a neutral third party to bring transactional neutrality by keeping the bitcoin necessary for two parties participating in a transaction. The escrow service provider is in charge of the coin in issue and ensures that it is secure during the transaction.The fact that Polkalokr is based on security in every aspect makes the project valuable in my eyes.
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Polkalokr is the first all-in-one, multichain token locking and escrow platform with built-in privacy functionality.Its products, LOKR and SWAPR, help build trust within the DeFi space by removing the human element and focusing on governance through code with a seamless, omnichannel digital experience platform. Compaines that have partnership with Polkalokr say that they are excited to explore how LOKR/SWAPR can be utilised as a fully decentralised low-cost escrow solution in-app.
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Polkalokr’s solutions focus on governance to regulate escrow systems and locked token pools rather than the human component’s weak link. Polkalokr puts the user at the center of the experience. We want to create a seamless, omnichannel digital platform that puts the user first. Enterprise partners will be onboarded by Polkalokr in order to combine with our products and services. Polkalokr escrow makes the token structure easy to use and highly adaptable, especially for non-technical people.
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Polkalokr is restoring trust and simplicity to complicated token ecosystems by developing a multi-chain token escrow platform that uses governance-as-a-service to put token distribution in the hands of network members. They have three revolutionary solutions: Lokr, the world's most adaptable multi-chain token escrow, Swapr, a peer-to-peer cross-chain token exchanging protocol, and Bridgr, which is currently live.
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Polkalokr is trying to make a difference with its features such as escrow and attaches importance to launching its own platforms. For example, Bridgr mainnet, which they have been working on for a long time, has been released. We know the conveniences provided by bridges, and this meets Polkalokr's definition of simlipicity.
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Bridges are links that allow digital assets and data to be transferred from one chain to another in a compatible manner, facilitating interoperability. With only a few clicks, Polkalokr users may conduct bridge operations.This is definitely simplicity :)
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Polkalokr has taken a big step forward. Through Polkalokr's platform, users may create their own completely decentralized, cross-chain token bridges. I've been waiting for that bridge since Polkalokr has always seemed safe to me, and now we can build one for them with only a few clicks.
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As DeFi expands, more and more platforms are offering blockchain bridge services to their users but it is possible to see various problems, especially security, in many bridges. I heard that Polkalokr is working hard on Bridgr.I hope that as a result of all these studies, there is a bridge that does not contain these problems.
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Polkalokr is designed to be a good token for the future of Polkadot and can be used for escrow, more precisely, I don't understand the function of Polkalokr because it takes extra experience to try the platform.
It also took quite a bit of time for us to explore Polkalokr, but if we are on the Polkadot coin blockchain network, I'm sure it's good for the future because it's definitely in the Polkadot coin ecosystem.
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As DeFi expands, more and more platforms are offering blockchain bridge services to their users but it is possible to see various problems, especially security, in many bridges. I heard that Polkalokr is working hard on Bridgr.I hope that as a result of all these studies, there is a bridge that does not contain these problems.
I believe Polkalokr is aware of these problems and they did not include them in Bridgr.I was following Polkalokr for LKR, but what caught my eye more was how much the team focused on Birdgr work.
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I have studied Polkalokr's Bridgr works and it is a well-studied platform.They wanted to analyze the problems of Binance and Polygon bridges well and offer a bridge away from these problems to their users.Binance and Polygon could be a good competitor if Bridge delivers on all its promises
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Escrow in the traditional world is crucial to so many deals going forward, but can be expensive, with legal teams, middle-men, agreements all adding to the cost. With Lokr escrow platform the terms of purchase from seller can be set on-chain and there are no need for legal teams, middle-men or agreements beyond that lowering over all cost and enabling escrow deals to happen in a transparent manner on chain, the only costs incurred are the transaction fee of the chain + a small platform fee from both seller and buyer side.
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I wonder where Polkalokr will come after all the promised platforms are released.At the moment, the fruits of Bridge are slowly being reaped.I keep holding LKR due to the possibility that products like Swapr, Mintr and Lokr will take Polkalokr to other levels.
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Lokr, Swap, and Bridge are three of Polkalokr's solutions that help boost confidence in the DeFi market.When the mainnet of all 3 platforms is on the market, Lokr's preferability can be indisputable.
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At the Polkalokr AMA event held a few days ago, the CEO was asked if more partnerships would come.The answer was concretely given yesterday :D Have you seen Polkalokr announced that it is partnering with CoreStarter? What do you think?
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Corestarter is a cross-chain fundraising, decentralised launchpad.Polkalokr's partnership with Corestarter will allow projects that previously used Mintr to smoothly switch to Corestarter for fundraising.
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Corestarter is a cross-chain fundraising, decentralised launchpad.Polkalokr's partnership with Corestarter will allow projects that previously used Mintr to smoothly switch to Corestarter for fundraising.
Polkalokr's partnership with Corestarter will allow projects that previously used Mintr to smoothly switch to Corestarter for fundraising.Polkalokr works for every platform it works on. This news got me a little excited about Mintr
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So parternship with Corestarter,users will be able to mint tokens using Polkalokr's configurable, pre-audited token minting solution, and then raise funds on several chains with a few clicks. It doesn't get any easier than this :)
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Polkalokr is working hard for the products it will launch, and it makes sense to make new partnerships at the same time.A new partnership with Polygen was announced a few days ago.
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Well Polygen is a multichain, decentralized, permissionless, and open platform for crypto project funding.Projects who have used Lokr's Mintr a customised, pre-audited token minting solution — will be able to smoothly migrate to Polygen to conduct fundraising as a result of this partnership, making it easier for projects to do numerous raises on different chains.
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According to partnership news,Polygen will also look into the use of Polkalokr tech to facilitate the flow of communication and offer a better user experience of its ecosystem.
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I saw in the Polkalokr statement,Polygen will make use of Bridgr to help make its native PGEN token multi-chain. This means users will be able to easily bridge their PGEN tokens across supported chains.
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$LKR aiming to secure decentralized project's complex tokenomic through a customizable escrow protocol on a cross chain network.Polkalokr is offering possibility for project owners, or creators to provide safety to investors, trust, and empower their communty.
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Polkalokr is a highly transparent platform that is protected by policies.What i like about Polkalokr is automatic token distribution approach, which will increase the confidence of users in order to obtain more $LKR for their stake as opposed to the traditional manual distribution methods.
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LKR as a token,offers mining and staking options. LKR has mining with huge APY on ETH and BSC.Currently the market is not that good so these options are good options until the market heals.
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The core values of Polkalokr are trust, simplicity, and scalability. With interest in blockchain-based digital assets at an all-time high, Polkalokr feels that everyone should be able to participate in and benefit from DeFi now more than ever.
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Polkadot is protected by very transparent policies. There is absolutely no chance of fraud in this. Its products and services through its ecosystem are transparent, simple, easy to use and non-complicated. You can visit this website to know more about it.
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The best escrow from Polkadot is Polkalokr and in this thread there is a discussion about the Polkalokr platform but this will also provide something good for news of the Polkadot coin.
Until the latest project from the platform emerges, then it should be that this Polakdot coin provides a good value for the project development of Polkalokr and I hope Polkalokr becomes the best Escrow for Polkadot coin.