Pantos Introduces a Multichain Token Creator, Simplifying Token Deployment Across Multiple Blockchain Networks.

Vienna, Austria, May 17th, 2023, Chainwire

Pantos, the brainchild of the Bitpanda team, has recently launched their Multichain Token Creator. This user-friendly web application empowers individuals to tailor and deploy their very own multichain tokens utilizing the Pantos Digital Asset Standard, known as PANDAS. In addition, developers have the ability to set their foundational token configurations and download contract code to incorporate personalized features.

With the Multichain Token Creator, projects can effortlessly launch on numerous blockchain platforms, significantly expanding their reach while creating a wealth of opportunities for both communities and the projects themselves. No longer are developers, users, and their assets confined to a singular blockchain.

Marius Ciortan, the Director of Product Engineering at Pantos, remarked, \"Our Multichain Token Creator represents a pivotal leap in the blockchain landscape, providing developers and projects with a straightforward pathway to adopt an innovative multichain token standard that fosters exceptional cross-chain cooperation and unveils limitless prospects for the evolution of decentralized technology.\"

For developers, this Token Creator streamlines the entire process, significantly cutting down the time and complexity involved in crafting multichain assets, allowing them to roll out their tokens in mere minutes. Meanwhile, users will enjoy a more seamless multichain experience thanks to the enhanced accessibility of native multichain assets through a straightforward token creation process.

Pantos plans to publicly demonstrate the Token Creator for the first time at the EDCON conference, which will be held from May 19-23 in Montenegro. During the event, they will also introduce the Pantos Digital Asset Standard, PANDAS. The EDCON Super Demo serves as a platform for startups and projects focused on the advancement of Ethereum technology and its surrounding ecosystem, starting on May 19th and wrapping up on May 22nd.

Since its inception in 2018, Pantos began as an internal research initiative by Bitpanda in partnership with TU Wien (Austria) and TU Hamburg (Germany). The goal was to create an open standard for genuinely decentralized multichain token transfers and improve blockchain interoperability, enabling developers and users to send tokens, wrap native coins from supported chains, and easily create and deploy native multichain tokens with just a few clicks.

Currently, Pantos supports seven blockchain networks on testnet: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo, and Fantom. The plan is to continually add more EVM and non-EVM platforms. Earlier this month, Pantos was honored with the ‘Best Business Model’ award at the Austrian Blockchain Award Gala.

About Pantos

Originating as a research endeavor by the Bitpanda team in 2018, Pantos has evolved into an open-source protocol dedicated to achieving true interoperability within Web3. Its mission is to be a catalyst for complex Web3 applications. The cutting-edge Pantos technology enables both current and future tokens to be deployed across multiple blockchain networks, granting users the liberty to select the best-suited platform for their digital assets. Notably, the project raised $12.1 million through an Initial Coin Offering on Bitpanda back in 2018.

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