Polytopia Crypto Explained: What Is It & How Does It Work?

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The Battle of Polytopia Map
Image through Midjiwan AB

Cryptocurrencies have grown in an enormous method over the past couple of years. Before the Dogecoins of the world, Bitcoin was the unique cryptocurrency that individuals mined for utilizing computer systems. Now today, nearly anybody can merely create a brand new crypto foreign money out of skinny air with mere phrases. One such one that’s had many ideas about cryptocurrencies, is Tesla CEO, Elon Musk. In truth, simply final summer time he jokingly created a brand new type of cryptocurrency of his personal, Polytopia. So what’s Polytopia Crypto and the way does it work? Let’s clarify.

Polytopia Crypto Explained: What Is It & How Does It Work?

It all began final 12 months when Musk tweeted a meme about Dogecoin on a graph with Polytopia edited in below it as if this particular Crypto was rising. It was merely a joke. Musk is an individual who enjoys himself a meme on occasion and is understood to push buttons once in a while with a few of his selections. This one although, was simply him expressing his humor round a number of the ridiculous varieties of cryptocurrencies being developed. Though he’s a powerful voice for cryptocurrency, even he appears to note that some people have turned to creating them as a get-rich-quick scheme greater than something.

Musk has additionally proven his playing cards of being considerably of a gamer, as he usually talks about his love for the technique title, The Battle of Polytopia which is the place this meme drew inspiration from. He usually talks about video video games in addition to his admiration for various varieties on his Twitter profile.

Fast-forward a 12 months although since his meme tweet, and also you’ll discover {that a} “PolyTopia” Crypto was certainly created from this joking publish. You can discover the cryptocurrency via Polygonscan and see its historical past. There hasn’t been a lot occurring with it as of late because the discuss surrounding it has died down. In truth, this foreign money isn’t even value something at this level with 2,346 holders at this present time.

So in case you’re taken with whether or not or to not get invested with PolyTopia, the reply would most likely be to not at this level except Musk goes to speak about it once more sooner or later. If you’re hoping he does, then it might be value it so that you can make investments a couple of {dollars} simply in case, however I wouldn’t financial institution on getting wealthy from it for the foreseeable future. Since July 4 of 2021, the foreign money has had a big drop and has had a gradual flat-line since.

Related: Top 5 Games Like The Battle of Polytopia

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