Pandoshi, a new crypto in the cryptocurrency scene, is gaining rapid traction for its innovative approach and success in earlier funding stages.
Quickly earning a name in the crypto community, Pandoshi has drawn considerable investments, highlighting the market’s faith in its potential. The project stands out for its unique attributes and its ambitious vision to transform the decentralized finance (DeFi) sector.
On initial observation, Pandoshi could be mistakenly thought of as just another meme coin, but it’s actually much more than that. It embodies a completely independent and decentralized system. At its core, Pandoshi is dedicated to the ideals of decentralization, safeguarding financial privacy, and allowing the community to play a pivotal role in guiding the project’s future.
Pandoshi features a Layer-2 network operating on a Proof of Stake protocol, offering a greener solution compared to the usual Proof of Work approach. Within its ecosystem, users will find decentralized exchanges (DEX), secure wallets that users fully control, interactive Metaverse games, educational resources like Pandoshi University, and prepaid cards compatible with cryptocurrencies, all functioning without the need for Know Your Customer (KYC) procedures.
At the heart of Pandoshi’s ecosystem lies PAMBO, its native token. Originally launched on the Ethereum blockchain, PAMBO is a token crafted to be deflationary, with its value intended to rise as its scarcity increases. It also incorporates a buy-and-burn mechanism which is often a feature sought out by potential holders. This involves purchasing PAMBO tokens at their prevailing market price, followed by their permanent removal from the market.
The token’s value is reinforced by various components of the project, particularly its decentralized exchange which levies fees on transactions. The accumulated fees are then allocated for purchasing additional PAMBO tokens, contributing to the enhancement of the token’s market value. Upon acquisition, these tokens are permanently excluded from the circulating supply, aiding in either sustaining or augmenting their value.
Currently, Pandoshi’s presale is structured across five distinct stages. Presently in its third stage, the token is valued at $0.006. With the transition to the fourth stage, the cost per token will increase to $0.008, culminating at $0.01 in the ultimate stage, marking a crucial milestone for both the project and its investors.
Pandoshi is at the starting point of its journey, poised to make a significant impact in the industry with its unique approach and innovative features. The project’s roadmap includes plans for broader social media engagement and further enrichment of its ecosystem.
Pandoshi recently broadcasted exciting news on Twitter, revealing that they are ahead of schedule and preparing for the beta release of the Pandoshi Wallet. This significant development is unfolding during their active presale phase, signifying a major step forward for the project.
The soon-to-be-launched beta version of the wallet will initially provide support for all Ethereum Virtual Machine (EVM) compatible chains. Moreover, plans are underway to broaden its compatibility to encompass non-EVM chains in subsequent updates. With an aim to reach a broad user base, the wallet application will be made available for both Android and iOS users.