POLIS

Overview of POLIS

POLIS, or Star Atlas DAO, established in 2021, is a pioneering decentralized autonomous organization revolutionizing the intersection of blockchain technology and gaming. Founded by Michael Wagner, Danny Floyd, and Jacob Floyd, POLIS operates at the forefront of the digital metaverse, aiming to redefine interactive entertainment through immersive gaming experiences.

Supported by major exchanges like Coincarp, KuCoin, and Kraken, POLIS leverages blockchain's transparency and decentralization to empower gamers worldwide.

Pros & Cons

Decentralized Governance: POLIS holders have a say in the future of the Star Atlas metaverse through voting on proposals.

Staking Rewards: Earn rewards by locking up your POLIS tokens to support the network and incentivize participation.

Exclusive Content: Access early features, in-game items, and events within the Star Atlas metaverse.

Community Ownership: POLIS holders are stakeholders in the Star Atlas project, aligning their interests with the project's success.

Market Volatility: The cryptocurrency market is volatile, and the price of POLIS can fluctuate significantly.

Reliance on Star Atlas Development: The success of POLIS is tied to the success of the Star Atlas project, which is still under development.

Uncertain Future Earnings: Future airdrops and gameplay earnings for POLIS are not guaranteed.

What Makes POLIS Unique？

POLIS (Star Atlas DAO) is a unique governance token that empowers its holders to participate in the decision-making processes of the Star Atlas metaverse. Here are some of the key features that make POLIS unique:

• Decentralized Governance: POLIS holders have voting rights on proposals that affect the future of the Star Atlas metaverse. This includes decisions on game development, economics, and community initiatives.

• Staking Rewards: POLIS holders can earn rewards by staking their tokens. These rewards are used to fund the development of the Star Atlas metaverse and to incentivize participation in governance.

• Access to Exclusive Content: POLIS holders can access exclusive content and experiences within the Star Atlas metaverse. This includes early access to new features, in-game items, and events.

• Community Ownership: POLIS holders are the owners of the Star Atlas metaverse. This means that they have a vested interest in the success of the project and are incentivized to make decisions that benefit the community as a whole.

How does POLIS Work？

POLIS (Star Atlas DAO) works by allowing POLIS holders to vote on proposals that affect the future of the metaverse. These proposals can cover a wide range of topics, including game development, economics, and community initiatives.

The voting process is designed to be fair and transparent. Each POLIS token represents one vote, and all votes are weighted equally. This means that every POLIS holder has an equal say in how the Star Atlas metaverse is governed.

In addition to voting, POLIS holders can also earn rewards by staking their tokens. Staking is a process of locking up your tokens for a certain period of time in order to support the security of the Star Atlas network. In return for staking your tokens, you will earn a share of the network's transaction fees.

POLIS holders can also access exclusive content and experiences within the Star Atlas metaverse. This includes early access to new features, in-game items, and events.

Overall, POLIS is a powerful token that gives its holders a significant amount of control over the future of the Star Atlas metaverse. This makes it an attractive investment for those who believe in the long-term potential of the project.

Market & Price

Airdrop of POLIS

• October 2021: The first POLIS airdrop was conducted in October 2021. This airdrop distributed 1 million POLIS tokens to users who had participated in the Star Atlas alpha test.

• January 2022: The second POLIS airdrop was conducted in January 2022. This airdrop distributed 2 million POLIS tokens to users who had held ATLAS tokens for at least 30 days.

• March 2022: The third POLIS airdrop was conducted in March 2022. This airdrop distributed 3 million POLIS tokens to users who had participated in the Star Atlas community forum.

• June 2022: The fourth POLIS airdrop was conducted in June 2022. This airdrop distributed 4 million POLIS tokens to users who had referred new users to the Star Atlas platform.

Price

Launch (September 2021): POLIS entered the market with a strong debut, reaching its all-time high of $18.55.

Post-Launch Drop: Following the initial surge, POLIS underwent a correction phase, dropping to around $1.20 by May 2022.

Recent Performance: As of June 17, 2024, POLIS shows mixed performance depending on the source:

• CoinMarketCap: Lists POLIS at $0.1592, with a slight increase of 0.89% in the last 24 hours.

• CoinGecko: Shows POLIS at $0.1542, with a slight decrease of 0.30% in the last 24 hours.

• Binance: Lists POLIS at a much lower price of $0.020087, with a decrease of 3.4% in the last 24 hours. (Note: This significant difference in price might be due to lower trading volume on Binance for POLIS).

Exchanges to Buy POLIS

Coincarp:

Step 1: Register an account on the centralized exchanges(CEX)'s official website or the app. ( Check Exchange Ranking), if CEX supports (eg. Binance) one-step sign up with your social account, you can sign up with your social account directly.

Step 2: Verify your identity & secure your centralized exchanges(CEX)'s account. You are typically required to have a government-issued identification document. For asset security, you'd better Enable Two-step Verification.

Step 3: Use fiat to buy USDT, ETH, or BNB. You can use the service provided by the CEX which supports OTC trading or use the financial service platform(Paypal, or Robinhood, available for US residents) that supports funding via either your bank account or credit card.

Step 4: Transferring your USDT, ETH or BNB, etc. purchased by fiat to the CEX that supports Star Atlas DAO(POLIS) trading in spot market. If the CEX that you're using both supports purchasing USDT, ETH, or BNB via fiat, and POLIS-USDT, POLIS-ETH, or POLIS-BNB, etc, trading pair, then you can trade in the same platform and don't need to transfer to another platform that supports Star Atlas DAO(POLIS).

Step 5: Buy Star Atlas DAO(POLIS) in spot market by USDT, ETH, or BNB.

See this link for details on how to buy POLIS: https://www.coincarp.com/investing/how-to-buy-polisdao/

KuCoin:

Step 1: Choose a CEX: Select a reliable and trustworthy crypto exchange that supports Star Atlas DAO (POLIS) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.

Step 2: Create an account: Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.

Step 3: Verify your identity: A secure and reputed exchange will often ask you to complete KYC verification. Information required for KYC will vary based on your nationality and region. Users who pass KYC verification will have access to more features and services on the platform.

Step 4: Add a payment method: Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method. The information you need to provide may vary depending on your bank's security requirements.

Step 5: Buy Star Atlas DAO (POLIS): You are now ready to buy Star Atlas DAO (POLIS). You can easily buy Star Atlas DAO (POLIS) using fiat currency if doing so is supported. You could also do a crypto-to-crypto exchange by first purchasing a popular cryptocurrency such as USDT, and then exchanging it for your desired Star Atlas DAO (POLIS).

See this link for details on how to buy POLIS: https://www.kucoin.com/how-to-buy/star-atlas-dao

Raydium - Pairs: RAY/POLIS

Orca - Pairs: - Pairs:

Kraken - Pairs: POLIS/USD

Gate.io - Pairs: POLIS/USDT

MEXC - Pairs: POLIS/USDT

LBank - Pairs: POLIS/USDT

Raydium - Pairs: USDC/POLIS

LATOKEN - Pairs: USDC/POLIS

How to Store POLIS？

POLIS is an ERC-20 token, which means it runs on the Ethereum blockchain. Therefore, you can store POLIS in any wallet that supports ERC-20 tokens. Here are some popular options:

Hot Wallets

• MetaMask: A popular browser extension wallet that allows you to store, send, and receive ERC-20 tokens, including POLIS. It's convenient for everyday use but can be susceptible to hacks if not secured properly.

• Trust Wallet: Another popular mobile wallet that supports ERC-20 tokens. It's user-friendly and has built-in exchange features, but like MetaMask, it may be less secure for larger holdings.

Cold Wallets

• Ledger Nano S/X: A hardware wallet that stores your tokens offline in a secure chip. This is a great option for long-term storage of large amounts of POLIS.

• Trezor Model One/Model T: Another reputable hardware wallet option that offers similar security features to Ledger wallets.

Exchange Wallets

• Binance (for Binance Smart Chain BEP-20 version): If you plan to actively trade your POLIS tokens, you can store them on a cryptocurrency exchange like Binance. However, it's important to remember that you don't truly own your tokens when they are stored on an exchange.

Is It Safe？

POLIS is an ERC-20 token, compatible with popular hardware wallets like Ledger Nano S/X and Trezor Model One/Model T. These devices store your tokens offline in a secure chip, significantly reducing hacking risks. Moreover, some reputable exchanges adhere to industry-standard security measures, such as two-factor authentication (2FA), cold storage for funds, regular security audits, and robust encryption protocols.

How to Earn POLIS Cryptocurrency？

Participate in Star Atlas Governance:

POLIS is the governance token of Star Atlas, a space exploration metaverse project. By holding POLIS, you gain voting rights on proposals that affect the future of the Star Atlas metaverse. This includes decisions on game development, economics, and community initiatives.

Stake Your POLIS Tokens:

You can earn rewards by staking your POLIS tokens. Staking involves locking up your tokens for a certain period to support the security of the Star Atlas network. In return for staking your tokens, you will earn a share of the network's transaction fees or other rewards determined by the platform you choose.

Participate in Future Airdrops:

The Star Atlas team has conducted several airdrops in the past to distribute POLIS tokens to early adopters and community members. While there is no guarantee of future airdrops, you can stay updated on Star Atlas news and announcements to see if any are planned.

Earn POLIS Through Future Gameplay:

Star Atlas is a metaverse project with a planned playable game element. The exact details are still under development, but there is a possibility of earning POLIS tokens through gameplay within the Star Atlas metaverse in the future.

FAQs

Which notable exchanges offer POLIS token trading facilities？

POLIS token can be traded on various well-known exchanges such as Coincarp, KuCoin, Raydium, Orca, Kraken, Gate.io, MEXC, LBank, Raydium, and LATOKEN.

How can I store POLIS tokens securely？

POLIS tokens can be safely stored in multiple Ethereum-compatible wallets including MetaMask, Trust Wallet for convenience, or Ledger Nano S/X and Trezor Model One/Model T, etc.

How can I participate in governance with POLIS tokens？

POLIS holders can participate in governance by voting on proposals that impact the development, economics, and community initiatives of the Star Atlas metaverse.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.