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Pantos Unveils Multichain Token Creator to Boost Interoperability in Blockchain Space

by Dan K
May 17, 2023 - 7:30 pm
in Blockchain
Picture of the Pantos team launching the Multichain Token Creator application.

Pantos Ushers in a New Era of Blockchain Interoperability

Pantos, the innovative project backed by the team behind Bitpanda, has taken a giant leap towards enhancing interoperability in the blockchain space with the launch of its Multichain Token Creator. The app provides a user-friendly interface for creating and deploying multichain tokens based on the Pantos Digital Asset Standard (PANDAS), thereby extending the reach of projects across multiple blockchain networks.

Multichain Token Creator: A Game-Changer in Token Development

Developers can leverage the Multichain Token Creator to streamline the development of multichain assets. With the help of this application, developers can easily configure their base tokens and download the contract code to augment it with custom functionality. As a result, tokens can be launched in a matter of minutes, freeing up valuable resources for other essential tasks.

Marius Ciortan, the director of Product Engineering at Pantos, underscored the significance of the Multichain Token Creator, stating, “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.”

Enhancing User Experience with Multichain Tokens

From a user’s perspective, the Multichain Token Creator offers immense benefits by facilitating the creation of native multichain assets. Developers can configure their tokens to be compatible with a variety of blockchain networks, thereby enabling users to access their assets regardless of the network they are using. This development promises a seamless multichain experience for users.

Pantos plans to unveil the Token Creator and PANDAS to the public for the first time at the forthcoming EDCON conference in Montenegro, a gathering that provides a platform for startups or projects advancing the development of Ethereum technology and its ecosystem. The Super Demo will take place from May 19 to May 22.

Pantos: A Vanguard in Promoting Multichain Collaboration

Pantos has already displayed its commitment to multichain collaboration by supporting seven chains on testnet, including Ethereum, Polygon, Avalanche, BNB, Cronos, Celo, and Fantom. The company has plans to continuously integrate more EVM and non-EVM chains. By doing so, Pantos is setting the stage for unprecedented cross-chain collaboration and heralding new possibilities for the future of decentralized technology.

In recognition of its innovative approach, Pantos was awarded the “Best Business Model” at the Austrian Blockchain Award Gala earlier this month, further cementing the company’s dedication to driving innovation and developing solutions that positively impact the blockchain community.

Tags: BlockchainDecentralizedEthereumMultichain
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

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