Pollchain PricePOLLInactive

What is Pollchain (POLL)?

Pollchain (POLL) is an ERC20 token that powers a knowledge-sharing social networking service built on the Ethereum blockchain. Launched in February 2021, the platform allows users to ask and answer questions across a wide range of topics — daily life, relationships, social issues, business, and investment — through a mechanism called polling. Pollchain introduced a protocol economic model in which service users propose and participate in polls and share rewards fairly. The content model combines polling with advertising: users consume advertisements while participating in polls and receive POLL tokens as rewards. Blockchain-based polling data and user engagement provide credibility on advertisement exposure progress, increasing transparency in advertisement execution. The total supply of POLL is capped at 1,000,000,000 tokens. Trading activity has effectively ceased: the last recorded ERC-20 POLL trade on LiveCoinWatch was on 24 February 2024, and 24-hour volume is reported as zero.

Key Specifications & Tokenomics

• Name: Pollchain
• Ticker / Symbol: POLL
• Blockchain / Platform: Ethereum (ERC-20) and TRON (TRC-20)
• Token Standard: ERC20
• Smart Contract Address: 0x4b0f027d0b694aae2761ed2d426295d4f949f5d0
• TRON Contract Address: TFZkrMkKawhgH2gLUhL8Q7N5sFY7bxJJyn
• Decimal Places: 18
• Total Supply: 1,000,000,000 POLL
• Max Supply: 1,000,000,000 POLL
• Circulating Supply: 541,153,840 POLL (self-reported by the project; not verified by CoinMarketCap)
• Category: Membership; Advertising
• Official Website: www.pollchain.co
• Whitepaper: https://pollchain.co/wp_en.pdf
• Official Announcements: https://www.pollchain.io/board.list.php?PageType=Notice
• Community: Telegram (https://t.me/pollchain); Twitter (https://twitter.com/pollchain)
• Explorers: etherscan.io; tronscan.io
• Security: no public audit report or bug-bounty programme is listed for this project.
• Company Location: Australia
• Launch Date: 23 February 2021
• CoinMarketCap Listing Date: 14 October 2021

Who created Pollchain?

Pollchain was founded in 2021 and is headquartered in Australia. The project operates as a social networking platform for reward-based NFTs, according to its Tracxn company profile. The Pollchain team, together with their partners, develops metaverse-based games and attempts to connect them with the Pollchain ecosystem. All users of Pollchain, including the Pollchain team, create and consume content by polling. The project is listed as unfunded per its Tracxn company profile; no individual founders or core team members are publicly named in the available sources.

How does Pollchain work?

Pollchain operates on the Ethereum blockchain, with the POLL token functioning as an ERC20 asset. Users participate by creating or engaging with polls on topics spanning daily life, love affairs, social issues, business, and investment. The platform employs a protocol economic model in which service users propose and participate in polling and share rewards. Content is delivered as a combination of polling and advertising — users consume advertisements while polling and receive POLL as a reward. Blockchain-based polling data and user engagement provide credibility on advertisement exposure progress, and poll results are transparent and tamper-proof. Participation is framed by the project as Proof of Poll (PoP): rewards are earned by taking part in polls, which the project describes as more economical and eco-friendly than proof-of-work mining. POLL can be moved across networks via the Pollchain Bridge, launched from the official site. Pollchain also integrates NFT technology, storing poll results as NFT metadata that can be exchanged in P2P format. DeFi services include trading, deposits, and staking, and the team develops metaverse-based play-to-earn games connected to the ecosystem.

What makes Pollchain unique and valuable?

Pollchain distinguishes itself through its protocol economic model, which encourages active participation from its community. Users can propose polls, engage in existing ones, and earn rewards for their contributions, fostering a collaborative environment. The platform's use of blockchain ensures that poll results are transparent and tamper-proof, enhancing the credibility of collected data. Pollchain diversifies its offerings by incorporating NFTs, DeFi services, and a metaverse game, broadening the scope of activities users can engage in. The economic value of big data accumulated in Pollchain, user analysis indexes, and advertisement orders are jointly created by users, allowing rewards to be divided fairly. The project states that it has established partnerships with other blockchain entities, though no specific partners are publicly named.

What is Pollchain used for?

POLL tokens serve as rewards for users who participate in polling and advertisement consumption on the Pollchain platform. The token can be used to purchase NFTs and other products on Pollchain. The platform's content model combines polling with advertising, meaning users receive POLL as compensation for engaging with advertisements while participating in polls. Additionally, POLL is used within the ecosystem's DeFi services, which include trading, deposits, and staking. The token also plays a role in the metaverse-based games developed by the Pollchain team and their partners, connecting gameplay with the broader Pollchain ecosystem. Poll results stored as NFT metadata can be exchanged in P2P format, further extending the token's utility.

How Is the Pollchain ecosystem developing?

Pollchain launched in February 2021 as a knowledge-sharing SNS using polling. In May 2021, the project announced the launch of the Greece stage, a stage for learning the Pollchain system through easy participation of voting content and voting proposals. The platform expanded its offerings to include NFT technology and a marketplace, DeFi services such as trading, deposits, and staking, and metaverse-based play-to-earn games. The project states that it has established partnerships with other blockchain entities, though no specific partners are publicly named. POLL is tracked on price-aggregator sites including CoinMarketCap, Coinbase, Crypto.com, Bitget and LiveCoinWatch; no active trading venue is confirmed. The token shows no active trading volume on major trackers, and its last recorded ERC-20 trade was on 24 February 2024. Market data shows limited activity: 24-hour volume is reported as zero and the last recorded ERC-20 trade was on 24 February 2024.

How to mine Pollchain?

Pollchain does not use a traditional mining mechanism. As an ERC20 token on the Ethereum blockchain, POLL is not mined through proof-of-work. Instead, users earn POLL tokens as rewards for participating in polling activities and consuming advertisements on the platform. The project's DeFi services include staking, which offers another way for users to engage with the token. The protocol economic model allows service users to propose and participate in polling and share rewards, with all users including the Pollchain team creating and consuming content by polling. Staking is offered through Pollchain Finance, one of the project's DeFi services; the project does not publish specific staking parameters or reward rates.

How to keep your Pollchain Coin safe?

Since POLL is an ERC20 token on the Ethereum network, it can be stored in any wallet that supports Ethereum-based assets. Users should consider using hardware wallets for long-term storage, as they keep private keys offline and protected from online threats. Software wallets and browser extension wallets are also options, but users must safeguard their seed phrases and private keys carefully. Holders should be especially cautious about any unofficial platforms or services claiming to support POLL trading or recovery. Verifying the official contract address 0x4b0f027d0b694aae2761ed2d426295d4f949f5d0 before any transaction is essential to avoid interacting with counterfeit tokens. Keeping wallet software updated and avoiding suspicious links or unsolicited offers also helps protect holdings.

Risks and uncertainties

POLL is subject to price volatility, and market data shows limited activity, with 24-hour volume reported as zero and the last recorded ERC-20 trade on 24 February 2024. Regulatory treatment of crypto assets varies by jurisdiction and may change, which can affect access to or use of the token. Technical risks include smart contract vulnerabilities and the security of the networks on which POLL is issued; no public audit report or bug-bounty programme is listed for this project. These points describe risks rather than predictions, and readers should form their own view.