At the dawn of January, the Pandoshi cryptocurrency initiative commenced its initial presale phase, swiftly garnering over 9,000 holders of its “PAMBO” token.
Currently, the presale’s final phase has hit the halfway mark, paving the way for the token’s imminent debut on both centralized and decentralized exchanges. The rapid completion of the presale underscores the burgeoning investor enthusiasm for the project, propelled by its innovative concepts and the early launch of a key project feature.
Pandoshi (PAMBO)
While initially mistaken for just another meme coin, Pandoshi transcends expectations, presenting a comprehensive ecosystem teeming with fresh ideas that contribute to the appreciation of its native currency.
The Pandoshi ecosystem encompasses a Layer-2 network utilizing a Proof-of-Stake (PoS) protocol, a decentralized exchange (DEX) accommodating multiple blockchains, a non-custodial wallet, KYC-free prepaid crypto cards, educational initiatives, freely distributed NFTs, engaging Metaverse games, and more, elaborated in the project’s whitepaper.
PAMBO, the project’s cornerstone currency, has a maximum issuance of 2 billion tokens, with half slated for circulation. This currency operates on a deflationary model, bolstered by a buy-and-burn mechanism. Revenue generated from Pandoshi’s offerings like the DEX, crypto cards, and educational content is utilized to purchase PAMBO at market rates, subsequently retired to a dead wallet, ensuring a permanent removal from circulation. This deflationary process halts once 80% of the tokens are burnt.
Furthermore, PAMBO staking is introduced not to inflate the supply, but to reward holders with a secondary token, BAMBOO, granting governance influence or tradability. Utilized BAMBOO tokens are also withdrawn from circulation, fortifying the project’s value.
The PAMBO token sale unfolds in five phases, currently culminating in its final phase, with half of the tokens already claimed.
- Phase 1: Completed
- Phase 2: Completed
- Phase 3: Completed
- Phase 4: Completed
- Final Phase 5: Tokens available at $0.01
A notable milestone was the beta launch of the Pandoshi Wallet on the Google Play Store, highlighted via Twitter. This milestone signifies significant progress, showcasing compatibility with EVM chains and future expansion plans. An iOS wallet version is also underway, broadening the project’s accessibility.
Amidst the dynamic blockchain landscape, Pandoshi sets itself apart by prioritizing practical, end-user blockchain applications. This positioning positions it as a potentially transformative entity in the crypto realm, offering an enticing investment opportunity for contemporary investors. For those seeking a compelling and user-friendly cryptocurrency, Pandoshi emerges as a compelling option, buoyed by a vibrant community and a well-defined strategic vision. PAMBO tokens are directly obtainable from the project’s official site.
