SINGAPORE / ACCESSWIRE / March 24, 2023 / – Community-focused platform PandoProject has announced the launch of its solution that aims to solve the problem of accessibility on web technology. The project intends to leverage its community-driven solution to help global users access blockchain-based resources such as decentralized file system, file editing, file storage, file streaming, AI, security, IoT, and Metaverses.
PandoProject was conceived in 2018 as a solution to the growing need for blockchain accessibility by internet users worldwide. Given the fact that 37% of the world lacks accessibility to the technology made available online, and due to the increase in the rising costs of infrastructure and poor delivery of video and data, PandoProject introduced its original community-driven solution, which was launched in November 15 .2021.
PandoProject aims to make Plug-and-Play blockchain solutions available to a wider audience of users. The presence of BaaS enables an application or system to have storage, transcoding and live streaming services delivered in a decentralized manner – a feature that PandoProject includes and leverages via smart contracts that provide new attribution models to DApps. A private IPFS decentralized and distributed peer-to-peer system is also used along with native Pando Network protocols – PNC20, which mimics classic TRC20 or other networks that people use to send cryptocurrencies. The exception is that the network supports native project PTX fungible token, while PNC721 is for NFTs that will be used in the upcoming PandoProject NFT platform.
The Rametron node holders of the PandoProject create a bridge that can be used and built with blockchain. The rametrons generate PTX using excess bandwidth and processing power to help stream, store and transcode video and data files across PandoProject. There are four types of Rametrons in use; Rametron Mobile for advertising and games, Rametron Lite for transcoding data files and videos; Rametron Pro is for storage and data transfer purposes; Rametron Enterprise supports live streaming.
The platform is also open to developers, who can migrate or deploy apps, websites, platforms, software and systems on the PandoProject Blockchain via Plug-and-Play.
The entire PandoProject Ecosystem uses their native token, PTX, which is currently listed in LBank and Probit Exchanges. It is the only form of transaction for all Pando DApp users and is generated only by the PandoProject nodes, ensuring controlled circulation and supply, and eliminating the possibility of inflation. Such an approach creates extremely high demand and allows PTX to be volatility resistant by taking advantage of its underlying Proof-of-Stake protocol, which is also more rewarding for PandoProject node holders.
Media details
Company name: PandoProject
Contact person Full name: Manjubasiny Sezhian
Website: https://pandoproject.org
Email: [email protected]
City: Circular Road
State: Region Midt
Country: Singapore
SOURCE: PandoProject
