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Ethereum is dominant. However, its frequent congestion and high gas fees is why investors are exploring alternatives like Pandoshi (PAMBO), a new crypto project.
Pandoshi
Pandoshi, a rising name in the cryptocurrency world, has been attracting attention for its innovative approach, successfully raising over $3.5 million in early funding rounds.
This surge in funding showcases the market’s trust in Pandoshi’s potential. Pandoshi is a fully independent and decentralized ecosystem, not just another meme coin.
Central to Pandoshi’s vision are the principles of decentralization, financial privacy protection, and active community involvement in guiding its development.
The platform operates on a layer-2 network utilizing the proof-of-stake protocol, a more environmentally sustainable alternative to traditional proof-of-work systems.
The ecosystem comprises decentralized exchanges, the secure, user-controlled Pandoshi Wallet, immersive metaverse gaming experiences, educational resources like Pandoshi University, and cryptocurrency-friendly prepaid cards, all functioning without mandatory KYC checks.
The native token of Pandoshi, PAMBO, was initially launched on the Ethereum blockchain. It’s designed with deflationary principles, becoming scarcer and potentially more valuable over time. This includes a buy-and-burn mechanism, where tokens are bought at market rates and then permanently withdrawn from circulation.
Pandoshi’s ecosystem is enhanced by elements like its decentralized exchange, which levies transaction fees. These fees are then used to buy back and burn PAMBO, thus reducing their supply.
PAMBO is available for $0.01 in the current presale stage.
Half of the total 2 billion PAMBO are earmarked for the presale. The remaining tokens are allocated across various liquidity and promotional activities, including 20% for decentralized exchange liquidity, 10% for centralized exchange liquidity, and 20% for marketing initiatives like bonus programs and giveaways.
Pandoshi is on a journey to make a lasting impact in the industry with its unique approach and innovative features. The roadmap includes plans for expanded social media engagement and further ecosystem development.
Visit the links below for more information about Pandoshi (PAMBO):
Website: https://pandoshi.com/
Whitepaper: https://docs.pandoshi.com/
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Source: https://crypto.news/investor-sentiment-shifts-towards-pandoshi/