Polkalokr — Highly customisable escrow platform for token economies

3 min readMar 30, 2021

Before I start this article, I just want to let you know that the Polkalokr Whitelist is open, click here for more and close at 5PM UTC on Friday April 2nd. IDO starts April 7, 2021 on Polkastarter.

Polkalokr is restoring trust & simplicity to complex token ecosystems by creating a multi-chain token escrow platform, that puts token distribution into the hands of network participants through governance-as-a-service.

Built natively on Polkadot by professionals

The Problem With Token Economies

There are still single points of failure — human error, and bad actors.

• Lack of Trust

Blockchain is inherently secure, but the system is only as strong as its weakest link. Token unlocks and distributions are still often done in a centralized way, and some token economies are in the hands of the team, who often control the treasury.

• Complexity

Most users can’t read smart contracts… How do we know that tokens are being distributed fairly and as the issuer explains? Inflation & token unlocks need to be more understandable for everyone.

• Adoption

Interacting with tokens is difficult and high risk. Code is complex. Polkalokr escrow simplifies accessibility and is highly customizable for even non technical users.