Polkadot (DOT) plans to release a unique new token that is expected to attract the interest of the wider community. The PINK token, as part of the Polkadot ecosystem, has been launched to enrich diversity and fair distribution among developers and users.
PINK, Memecoin with Communal Mission
PINK, Polkadot's newest memecoin, has been officially launched with a mission to strengthen community ties. This token, developed by volunteers from different sectors of the Polkadot ecosystem, has a total supply limited to 2.3 billion tokens. This number is not just any choice, but rather an homage to the RGB color code that became Polkadot's identity.
PINK Distribution: Justice for All
As a community-focused token, PINK has been allocated to various parachains and communities active in the development of the Polkadot ecosystem. A total of 12.5% of the token supply available on Polkadot AssetHub will be distributed to eligible parachains, with 14 teams currently eligible to receive their share. Each parachain is given the freedom to distribute their allocations according to their internal policies, with Moonbeam, Bifrost, and Astar being the biggest drop recipients.
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PINKDROP: An Educational and Entertaining Game
To raise awareness and promotion of the PINK community, Great Escape Game Studio has developed PINKDROP, a browser game that offers an interactive experience within the Polkadot ecosystem. Since its launch in December, the game has logged more than 225,000 game sessions by 14,000 player addresses within four weeks.
The Future of PINK
PINKDROP players have the opportunity to share 15% of the total PINK supply. To qualify for the airdrop, they must complete a challenge that involves merging balls representing various parachains in Polkadot. Great Escape Game Studio plans to launch a new version of PINKDROP that will feature a league mode with daily tournaments and rewards in the form of PINK tokens.
In addition, the Polkadot community plans to expand the use of PINK tokens to other gaming platforms in the ecosystem. A number of games, including Shockwaves.ai, have participated in this initiative to encourage the development and adoption of GameFi on Polkadot.
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How to Buy Polkadot (DOT) on Bittime
You can buy and sell Polkadot (DOT) in an easy and secure way through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered by Bappebti.
Polkadot (DOT) is available on Bittime with the DOT/IDR market pair. To be able to buy DOT IDR on Bittime, make sure you have registered and completed identity verification. In addition, also make sure that you have enough balance by depositing some funds into the wallet. For your information, the minimum asset purchase at Bittime is IDR 10,000. After that, then you can make a crypto asset purchase in the application.
Learn the complete guide on how to buy Polkadot (DOT) on Bittime.
Monitor the price chart movements of Polkadot (DOT), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
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Is It Right to Stake Polkadot (DOT) during a Bear Market 2024?
DISCLAIMER: This article is informational in nature and does not constitute an offer or solicitation to sell and buy any crypto asset. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices may change significantly from time to time and Bittime is not responsible for fluctuations in crypto asset exchange rates.
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