Pandoshi’s pre-sale is nearing the finish line, attracting 9,000 holders within a month.

Pandoshi, a cryptocurrency venture recently launched in early January, has over 9,000 ‘PAMBO’ token holders and is nearing the end of its pre-sale phase. The final phase of pre-sale is now halfway through and the stage is set for PAMBO’s debut on both centralized and decentralized trading platforms. This rapid progress toward completion stems from growing investor enthusiasm for Pandoshi, driven by the project’s innovative approach and the ahead-of-schedule launch of one of its key features.

At first glance, you might mistake it for another meme coin, but in reality, Pandoshi is much more comprehensive and represents a complete ecosystem. The ecosystem is built on a layer 2 network leveraging the Proof-of-Stake (PoS) protocol and includes a multi-chain decentralized exchange (DEX), non-custodial wallet, KYC-free prepaid cryptocurrency card, and educational initiatives. , community free NFTs, immersive metaverse games, etc. Details are provided in the white paper.

The project’s token, PAMBO, is limited to a supply of 2 billion tokens, of which only half will be in circulating supply. These tokens are designed to be deflationary through a buy-and-burn model. Revenues from Pandoshi’s products, such as DEX, prepaid cards, and educational content, are used to purchase PAMBO at market prices and then dispose of them into abandoned wallets, keeping them out of circulation in perpetuity. This reduction process continues until 80% of circulating tokens are burned.

In addition to its deflationary nature, Pandoshi introduces a staking feature for PAMBO, rewarding participants with secondary tokens without inflating the primary token supply. In return for their participation, stakeholders receive BAMBOO, a governance token, which they can use to vote on project direction or sell. When BAMBOO is utilized for voting, it is also transferred to a dead wallet, highlighting the project’s community-driven approach and maintaining the value of the native token.

Pandoshi’s token sale will be held in five stages, with the final stage currently underway and half of the tokens already distributed.

An important milestone for Pandoshi is the beta launch of Pandoshi Wallet on the Google Play Store, announced via Twitter. These developments taking place during pre-sale highlight the project’s expansion and readiness to be EVM compatible and support non-EVM chains in the future. An iOS version of the wallet is also in the works to expand user access.

conclusion

This initiative demonstrates real promise by pioneering numerous innovative ideas within the blockchain space. This accelerated the development of one of our products, which boasts a deflationary token and exceeds our initial roadmap expectations. This led to a rapid increase in holders and sold out almost immediately within a month. In the future, we expect the pre-sale phase to end and listing on both centralized and decentralized trading platforms.

Click here to purchase PAMBO tokens

For more information about Pandoshi (PAMBO), please visit the link below:

Website: https://pandoshi.com/
blank: https://docs.pandoshi.com/