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Pantos, a Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version
The launch by Pantos, backed by the Austrian crypto exchange Bitpanda, follows a $12.1 million initial coin offering in 2018.
Updated Feb 14, 2023, 5:39 p.m. Published Feb 14, 2023, 3:30 p.m. 1 min read
Pantos, a crypto protocol designed to allow tokens to deployed on multiple blockchain networks, said its beta version has gone live.
According to a press release, the Pantos testnet supports seven chains: Ethereum, Polygon, Avalanche, BNB, Cronos, Celo and Fantom.
The project aims to bring a "multichain token system to the masses," according to the press release. Pantos's native token PAN trades on the Austrian crypto exchange Bitpanda, which has backed the project.
"Though it aims to eventually become a fully decentralized open-source protocol with PAN as its own gas token, the public beta of Pantos comes with a trusted validation mechanism to ensure a smooth launch," the company said.
In 2018 the project raised $12.1 million through an initial coin offering. In 2020 Pantos disclosed a deal with the Austrian bank Raiffeisen to provide technology for a tokenized fiat currency to connect to multiple blockchains.
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The product, called Base MCP, connects a user’s Base Account to AI clients such as ChatGPT, Claude and Cursor using the Model Context Protocol (MCP), an emerging standard that allows AI systems to securely interface with external tools and applications.
What to know:
- Coinbase’s Ethereum Layer 2 network Base launched “Base MCP,” a new AI integration that lets users connect their crypto wallets to AI tools like ChatGPT and Claude to send funds, swap tokens, track portfolios and interact with DeFi apps using simple chat prompts.
- The product launches with integrations for protocols...
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