Saturday, December 21, 2024
Home > News > Bitcoin News > Pantos launches Multichain Token Creator to promote interoperability

Pantos launches Multichain Token Creator to promote interoperability

Pantos, a project by the team behind Bitpanda, has launched the Multichain Token Creator. This app allows users to create and deploy their own multichain tokens based on the Pantos Digital Asset Standard (PANDAS), making it easier for projects to launch on multiple blockchain networks and increasing their reach.

Multichain Token Creator launched

Developers will use the Token Creator to simplify the development of multichain assets. With this app, developers can configure their base token and download the contract code to extend it with their custom functionality. Tokens can be launched in just a few minutes, freeing up valuable time for other tasks.

Marius Ciortan, the director of Product Engineering at Pantos, highlighted the importance 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.”

Users, on the other hand, will benefit from the increased availability of native multichain assets through the easy token creation process. The Token Creator enables developers to configure their tokens to be compatible with multiple blockchain networks, allowing users to access their assets regardless of the network they are on. This will create a smoother multichain experience for users.

During the upcoming EDCON conference in Montenegro, Pantos will showcase the Token Creator and PANDAS to the public for the first time. The event provides a platform for startups or projects promoting the development of Ethereum technology and its ecosystem. The Super Demo will be held from May 19 to May 22.

Pantos going multichain

Pantos currently supports seven chains on testnet, including Ethereum, Polygon, Avalanche, BNB, Cronos, Celo, and Fantom. The company plans to integrate more EVM and non-EVM chains continuously. By supporting multiple chains, Pantos is driving unparalleled cross-chain collaboration and opening up endless possibilities for the future of decentralized technology.

Earlier this month, Pantos won the “Best Business Model” award at the Austrian Blockchain Award Gala. This recognition reinforces the company’s commitment to driving innovation and developing solutions that benefit the blockchain community.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


Follow Us on Google News

Source