HashPanda, created by a team of four developers in May 2021, aims to address the issue of unfair supply distributions and frequent whale-dumps commonly seen in meme tokens. Unlike other meme tokens, HashPanda focuses on providing value and utility to its wide and socially distributed user base. Through community rewards, airdrops, and content/creator tipping on its dApps, HashPanda ensures a fair distribution of its token.
To establish utility for the PANDA token, HashPanda is developing several dApps that cater to a mainstream audience unfamiliar with cryptocurrencies. These include a meme-based content platform, an NFT launch-pad, and a social giveaway application. The meme platform allows creators to submit memes and users to tip and vote using PANDA tokens, creating a crypto-reward layer that encourages participation and content sharing. It will evolve into a decentralized version of platforms like 9gag, offering both web and mobile applications.
HashPanda also aims to educate new users about cryptocurrencies and demonstrate their benefits through interactive applications, videos, infographics, and collaborations with Web 3.0 projects. Additionally, HashPanda incorporates liquidity-locking and auto-yield farming features for token holders.
The token distribution of HashPanda ensures decentralization and stability. 40% of the token supply is allocated for public distribution over the first four to eight weeks after launch, distributed through dApp interaction rewards, airdrops/giveaways, transactions on BSC, transactions with PANDA, and contributions to the project. This controlled push-based distribution model ensures fairness and sustainability, while maintaining the stability of the PANDA token's utility value for its dApp functionality.
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