Pantos, a groundbreaking Multichain Token System developed by the Bitpanda team, has officially launched the highly anticipated Multichain Token Creator. This user-friendly web application empowers individuals to effortlessly design and deploy their own multichain tokens using the Pantos Digital Asset Standard (PANDAS). Additionally, developers can personalize their base token by modifying the contract code and incorporating custom functionalities.
The Multichain Token Creator simplifies the process of launching projects on multiple blockchain networks, expanding their reach effortlessly and generating greater opportunities for both the community and the projects themselves. With this innovative solution, developers, users, and their assets are no longer constrained to a single chain, unlocking new possibilities for collaboration and interoperability.
A Defining Innovation in the Blockchain Space
The Token Creator streamlines the process of developing multichain assets, significantly reducing the time and complexity for developers. With this efficient solution, developers can now launch their tokens within minutes, accelerating their project’s progress. Users also benefit from a seamless multichain experience as the Token Creator enhances the availability of native multichain assets, making it easier for them to access and interact with a wider range of tokens across different blockchain networks.
Marius Ciortan, the Director of Product Engineering at Pantos, said: “Our Multichain Token Creator is a defining innovation in the blockchain space, offering developers and projects an effortless way to adopt a revolutionary multichain token standard that drives unparalleled cross-chain collaboration and opens up endless possibilities for the future of decentralized technology.”
Pantos is set to unveil its Token Creator to the public for the very first time at the highly anticipated EDCON conference, taking place in Montenegro from May 19th to May 23rd. This groundbreaking event will also feature the introduction of the Pantos Digital Asset Standard (PANDAS). The EDCON Super Demo, a platform dedicated to fostering the growth of Ethereum technology and its ecosystem, will commence on May 19th and run until May 22nd, providing an ideal stage for startups and projects to showcase their innovations.
A Mission to Make Web3 Truly Interoperable
Originating in 2018, Pantos emerged as an internal research endeavor led by Bitpanda in partnership with TU Wien (Austria) and subsequently TU Hamburg (Germany). Its core objective was to establish an inclusive standard facilitating decentralized multichain token transfers and seamless blockchain interoperability. With Pantos, developers and users gain the ability to effortlessly send tokens, wrap native coins from supported chains, and swiftly generate and deploy native multichain tokens through a user-friendly interface, requiring just a few clicks.
At present, Pantos boasts support for seven testnet chains, including Ethereum, Polygon, Avalanche, BNB, Cronos, Celo, and Fantom. Moreover, the platform has ambitious plans to continuously expand its integration to encompass both EVM and non-EVM chains. Notably, Pantos recently achieved recognition by winning the prestigious ‘Best Business Model’ award at the esteemed Austrian Blockchain Award Gala, solidifying its position as a trailblazer in the industry. In addition, Pantos successfully raised $12.1 million through an Initial Coin Offering (ICO) on Bitpanda in 2018.
With a profound vision to establish genuine interoperability in the realm of Web3, Pantos emerges as a leading open-source protocol. Its ultimate objective is to empower the development of advanced Web3 applications, positioning itself as a facilitator in this domain. Leveraging its state-of-the-art technology, Pantos enables the deployment of both existing and forthcoming tokens across various blockchain networks, granting users the liberty to select the most fitting network for their digital assets.
