Pandacoin (PND) - Will the revival of this old coin be a success?

in #cryptos7 years ago (edited)

On June 2017 - two months before the publishing of this post - we saw an ANN that would not leave anyone indifferent: the rebirth of PandaCoin, one of the oldest projects and once one of the biggest communities in the world of crypto.

The original project left many people disappointed on its way and that's the hardest challenge for the new dev team that is taking over the project. With a current price of just 1 sat , this coin has obviously space to rise.

But what are the fundamentals behind this reborn project?

A panda grabs a coin

There is a new team that wants to make the coin a great asset again. The reason behind not having a roadmap yet is that users can contribute to the roadmap by participating on a comprehensive poll.

By spending PND to choose your desired options, you can give your opinion on PND-powered games, segwit implementation, masternodes and many more concerns.

And what's the team doing in the meantime?

Before focusing on other optuions from the booth, an update for the Mac version of PandaBank (the main wallet) is in progress. The team is also testing the Mac Pandacoin Electrum wallet and Virtual PandaBank - an online wallet.

Charity Fund

But what definitely makes this crypto one of a small and selected group is that it has created a charity fund to help pandas in their habitat. As they state in the PND4PND article:

This charitable fund was is being set up to attempt a positive
charitable action reflective of the spirit of Pandacoin and it’s
community. A Stake mining PandaBank and Addresses have
been created and all Pandacoin donated will be sold (hopefully
at higher prices than we see today) and the proceeds will be
donated accordingly.

Thus, PandaCoin wants to differentiate from other projects by actively supporting a charity fund in a transparent manner. Can't think of a better advertising for the asset.

An investment opportunity

While this new dev team is able to help the coin recover its past glory and fly even higher, the coin sits at 1-2 satoshis in up to 4 exchanges, being Yobit, Cryptopia, BX and NovaExchange.

But the best part of that is the PoS feature of PND - grab some coins, move them to your PandaBank and you'll automatically stake a 2.5% yearly interest.

What will the future of PND be? Time will tell, but there's a good chance it'll move forward... and up!

If you like this article or have any feedback, please let me know! If this article attracts the interest of enough people I'll write more about PandaCoin. If you want to tip me, please send your PND instead to the charity fund on PN8QZ8UUpen5CpzY8m7nLPsu2qmxRTE6d3

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Very thorough and well researched article you've written.

Yes lets see if Pandacoin will come back from near extinction and thrive once again in cryptoland.

Fantastic post on PND. Looks like you will be a staple in the community.

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