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Ethereum dominates. However, frequent congestion and high gas fees have investors looking for alternatives, such as new cryptocurrency project Pandoshi (PAMBO).
Pandosi
A rising name in the cryptocurrency world, Pandoshi has garnered attention for its innovative approach, successfully raising over $3.5 million in its initial funding round.
This surge in funding demonstrates the market’s confidence in Pandoshi’s potential. Pandoshi is not just a meme coin, it is a completely independent and decentralized ecosystem.
At the heart of Pandoshi’s vision are principles of decentralization, financial privacy, and active community participation in driving development.
The platform operates on a layer 2 network utilizing a proof-of-stake protocol, an environmentally sustainable alternative to traditional proof-of-work systems.
The ecosystem consists of a decentralized exchange, a secure, user-controlled Pandoshi wallet, an immersive metaverse gaming experience, educational resources such as Pandoshi University, and cryptocurrency-friendly prepaid cards, all operating without mandatory KYC verification.
Pandoshi’s native token, PAMBO, was initially launched on the Ethereum blockchain. They are designed according to deflationary principles, meaning they become scarcer and potentially more valuable over time. This includes a buy-and-burn mechanism where tokens are purchased at market price and then permanently withdrawn from circulation.
Pandoshi’s ecosystem is strengthened by elements such as a decentralized exchange that charges transaction fees. These fees are used to buy back and burn PAMBO, reducing the supply.
PAMBO is currently available for $0.01 in the pre-sale phase.
Half of the total 2 billion PAMBOs have been allocated for pre-sale. The remaining tokens will be allocated to various liquidity and promotional activities, including 20% for decentralized exchange liquidity, 10% for centralized exchange liquidity, and 20% for marketing initiatives such as bonus programs and sweepstakes.
Pandoshi is on a journey to make a lasting impact on the industry with its unique approach and innovative features. The roadmap includes plans to expand social media engagement and develop the ecosystem.
For more information about Pandoshi (PAMBO), please visit the link below.
Homepage: https://pandoshi.com/
White paper: https://docs.pandoshi.com/
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