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Pantos Releases Multichain Token Creator, Enabling Users to Easily Deploy Tokens on Multiple Blockchains

May 17, 2023
in Metaverse
Reading Time: 2 mins read
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Vienna, Austria, Could seventeenth, 2023, Chainwire

Pantos, a Multichain Token System conceived by the staff behind Bitpanda, immediately introduced the general public launch of the Multichain Token Creator. It’s an easy-to-use net app that permits customers to configure and deploy their very own multichain tokens constructed on high of the Pantos Digital Asset Commonplace (PANDAS). Furthermore, builders can configure their base token and obtain the contract code to increase it with their customized performance.

The Multichain Token Creator makes it simple for tasks to launch on a number of blockchain networks, rising their attain with out a lot effort and creating extra alternatives for the neighborhood and the tasks themselves. Builders, customers, and their property now not must be locked to a single chain.

“Our Multichain Token Creator is a defining innovation within the blockchain house, providing builders and tasks an easy option to undertake a revolutionary multichain token commonplace that drives unparalleled cross-chain collaboration and opens up limitless prospects for the way forward for decentralized expertise,” mentioned Marius Ciortan, the Director of Product Engineering at Pantos. 

For builders, the Token Creator dramatically reduces the time and complexity of creating multichain property, enabling them to launch their tokens inside minutes. Customers, however, could have a smoother multichain expertise because of the elevated availability of native multichain property by the straightforward token creation course of.

Pantos will showcase the Token Creator to the general public for the primary time throughout Tremendous Demo on the upcoming EDCON convention, to be held between Could 19-23 in Montenegro. It can additionally introduce the Pantos Digital Asset Commonplace (PANDAS) on the occasion. The EDCON Tremendous Demo gives a platform for the startups or tasks selling the event of Ethereum expertise and its ecosystem. The Tremendous Demo begins on the primary day of the convention, Could nineteenth, and concludes on Could twenty second.

Pantos started in 2018 as an in-house analysis undertaking by Bitpanda in collaboration with TU Wien (Austria) and later additionally TU Hamburg (Germany) to determine an open commonplace for actually decentralized multichain token transfers and blockchain interoperability. It permits builders and customers to ship tokens, wrap native cash of supported chains, and create and deploy native multichain tokens simply with a number of clicks.

Pantos at present helps seven chains on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom; and plans to combine extra EVM and non-EVM chains repeatedly. Earlier this month, Pantos received the ‘Finest Enterprise Mannequin’ award on the Austrian Blockchain Award Gala.

About Pantos

Began as a analysis undertaking by the staff behind Bitpanda in 2018, Pantos is an open-source protocol on a mission to make Web3 actually interoperable. It goals to turn out to be an enabler for classy Web3 functions. Pantos’ cutting-edge expertise permits present and upcoming tokens to be deployed on a number of blockchain networks, giving customers the liberty to decide on probably the most appropriate community for his or her digital property. It had secured $12.1 million in funding by an Preliminary Coin Providing (ICO) on Bitpanda in 2018. 

For extra data, go to: Web site  |  Twitter 

Contact

Marsel Nenaj[email protected]

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Tags: BlockchainscreatorDeployEasilyEnablingMultichainMultiplePantosReleasesTokenTokensUsers
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