Price change (24h):
4.65%
High (24h):
$0.00637547
Low (24h):
$0.00489829
Volume (24h):
$2.70K
Market Cap:
$310.32K
All Time High:
99.55% $1.35
May 11, 2021
All Time Low:
2838% $0.00
Dec 4, 2025
563.99 %(1Y)
$0.00607886
Price change (24h):
4.65%
High (24h):
$0.00637547
Low (24h):
$0.00489829
Volume (24h):
$2.70K
Market Cap:
$310.32K
All Time High:
99.55% $1.35
May 11, 2021
All Time Low:
2838% $0.00
Dec 4, 2025
PolkaRare (PRARE) is a cryptocurrency launched in 2021. It anchors a multi-chain web3 economy purpose-built for creating, trading, and discovering non-fungible tokens.
The protocol implements a multichain marketplace that allows artists to mint and auction digital goods without manually approving smart contract transactions. This architecture directly targets the notorious gas spikes and throughput ceilings that have plagued Ethereum-native NFT platforms. By layering operations across Polygon, Binance Smart Chain, and Polkadot, the system offloads settlement velocity and lowers the cost of entry for casual creators.
The PRARE token operates on the Ethereum network. Even so, the marketplace’s settlement logic is distributed across a constellation of chains—Polygon for low-cost minting, Binance Smart Chain for liquidity depth, and Polkadot for parachain-level interoperability—uniting them through a single frontend.
The token adheres to the ERC-20 standard, embedding itself deep within the Ethereum Virtual Machine’s composable DeFi rails. Its underlying NFT infrastructure references both ERC-721 and ERC-1155 patterns to accommodate unique and semi-fungible assets, with programmable royalty splits and unlockable content hashes enforced at the contract level.
Pramod Mahadik, a software engineer with a background at Rediff and Halalbox, founded PolkaRare after accumulating over four years of blockchain-specific development experience. The launch, executed on March 31, 2021, activated NFT creation on Ethereum and Polygon first, with an explicit pipeline to scale across Binance Smart Chain later. Early backers participated in a sequence of seed, private, and Initial DEX Offering rounds, collectively acquiring 36,375,000 PRARE tokens—36.375% of the fixed hundred-million supply.
PolkaRare’s deeper ambition strips away the cryptocurrency literacy prerequisite from digital art ownership. The platform seeks to rewire the creator economy so that an illustrator or musician uploads a file, selects a chain, and mints without ever confronting a MetaMask interface or paying gas directly. This design philosophy targets the same demographic that instinctively recoils from hexadecimal wallet addresses.
PRARE’s systemic role is purely mechanical: it serves as the obligatory payment rail for platform fees, the voting chip for protocol governance, and the deposit asset for staking programs that distribute fee revenue back to participants. Staking contracts route a slice of marketplace processing fees to lockers. NFT farming pools demand PRARE commitments to generate rare tokenized collectibles.
A collector bidding on a licensed artwork settles directly in PRARE, side-stepping the need to hold ETH or MATIC at checkout. Stakers lock PRARE into protocol custody to earn a steady drip of fee-derived rewards and to qualify for exclusive airdrop snapshots. Creators launching a new series pay minting fees in PRARE, leveraging the token as both fuel and access credential.
PolkaRare has a maximum supply of 100,000,000 PRARE tokens. Currently, 51,048,817.04 PRARE are in circulation. With a market capitalization of $111,085.00, PolkaRare ranks #5,678 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/07/2026 | $0.01 | $0.01 | $0.01 | $0.01 |
| 09/07/2026 | $0.00 | $0.01 | $0.01 | $0.00 |
| 08/07/2026 | $0.00 | $0.00 | $0.01 | $0.00 |
| 07/07/2026 | $0.01 | $0.00 | $0.01 | $0.00 |
| 06/07/2026 | $0.01 | $0.01 | $0.01 | $0.01 |
| 05/07/2026 | $0.01 | $0.01 | $0.01 | $0.01 |
| 04/07/2026 | $0.01 | $0.01 | $0.01 | $0.01 |
| 03/07/2026 | $0.01 | $0.01 | $0.01 | $0.01 |
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