HashPanda is a decentralized meme-token with virality mechanisms that offers Dapps for non-technical users. HashPanda implements a fair distribution scheme of the token in a social way, thus creating a safe-haven asset for everyone. Additionally, the distribution mechanism also prevents whale-dumps (bulk distribution of cryptocurrency). The HashPanda token is distributed socially through airdrops, community rewards, content, or creator tipping on the dApps.
The main aim of HashPanda is to become the most fairly distributed and most decentralized meme token across the world. The meme-tokens can be used for giving tips for memes as well as allowing creators to submit memes.
HashPanda was created with an objective of solving the issue of unfair distribution of tokens and whale dumps on a frequent basis. Numerous tokens have an uneven supply distribution, and certain individuals own large portions of the supply of such tokens, which leads to unsustainable price pressure and continuous dumps in the long run.
Therefore, HashPanda was introduced to resolve the same using an innovative mechanism for the social distribution of tokens. This mechanism is used for the circulation of a large number of PANDA tokens to millions of token holders. The mechanism used by HashPanda for token distribution is based on a controlled push-based distribution model. Users on the Binance Smart Chain are selected randomly and rewarded with tokens ensuring sustainability and fairness. Moreover, it allows the utility value of PANDA tokens to be stable which is a prerequisite for areas of the dApps functionalities.
There are certain benefits for the holders of HashPanda token such as: