Topic: [ANN] Pantos.io | The First Multi-Blockchain Token System | made by Bitpanda - page 5. (Read 10064 times)

ICO Analysis: Pantos
Published on April 15, 2018
By Joshua Larson

Verdict
Technology like Pantos is in high demand, which is why the competition is so thick.
Pantos could very well have the secret sauce with their open sourced scientific research project, TAST. TAST will enable and create innovations that don’t exist yet in the blockchain community such as; cross chain token transfers (not swaps), same asset transfers, real-time arbitrage, and a “Blockchain Domination Index” to measure PAN distribution among blockchains.

Risks
    Atomic swap technology is not exactly easy to build. The success stories are lacking. “In 2017, developers from Decred created the first functioning cryptocurrency atomic swap between Decred (DCR) and Litecoin (LTC). Meanwhile, altcoin.io carried out the world’s first atomic swap between the Ethereum and Bitcoin blockchains, and Litecoin Founder Charlie Lee, announced on Twitter the successful on-chain atomic swap of 1 LTC for 55 VTC with James Lovejoy, Lead Developer of Vertcoin.”Pantos is trying to do even more difficult things. Things no human have ever done That’s risky. -1
    How does the project make money? Apparently, the cross chain token transfers will be free. And eventually the entire thing will be decentralized and community owned. Perhaps there is a simple answer to this question. One hopes the only way to make money isn’t through selling PAN reserves. -1
    “400,000,000 PAN are reserved for optimal future fundraising but will never be offered for sale below ICO price in BTC terms.” This means 40% of the total supply will be pumped into the economy sometime in the future. That is going to seriously dilute the value per token. -1
    Competition: there are several cross-chain projects already in the space (WAN, ARK, ICON, FUSION) to name a few. All these projects are developing unique ways to cross-chain. It’s very hard to predict how this will all turn out, but the competition is certainly fierce. -0.5
    This ICO is only available for most customers in the EU including Switzerland, Norway and Croatia. This is worrisome. How are they going to become the king of multi-blockchain systems when most the world won’t know about their project? -1

Growth Potential
    If the TAST  proves to be the real deal, this technology will be in high demand. The arbitrage feature alone is a game changer.+2
    “Pantos’ portability feature allows PAN to become the first universal denominator token. This will allow for the introduction of a new crypto economic metric: a Blockchain Dominance Index, which will show real-time token usage and distribution among blockchains and, thus, can measure each blockchain‘s significance for PAN. Moreover, when users successfully adopt PAN, its flow between blockchain projects could provide a reliable metric that captures public confidence in a given project’s vitality, opening up a pathway toward predictive analytics in cryptocurrency valuation, and in the valuation of the crypto ecosystem as a whole.” +1
    They already have some real solid partnerships; Lisk, Komodo, Waves are close collaborators. Soon these blockchains will get PAN-support. As they grow, they plan on further collaborations with many other blockchains. +3
    According to their token agreement, all unsold tokens will be proportionately distributed to ICO contributors. So far they have only raised about 35% of their hardcap. There are only a few more days left in the sale, this could mean bonus tokens for everyone. +2
    The Real-Time Cross Blockchain Arbitrage System will be a groundbreaker. Using the PAN token traders will be able to exploit emerging price differences between pairs. This seems like the most promising aspect of Pantos. Its very complicated to break down, learn more about the system here. +2.5

Disposition
This is a very impressive project, with few weaknesses. We arrive at 6/10
Proof: https://hacked.com/ico-analysis-pantos/

This is good result!

They are calling it Token Atomic Swap Technology (TAST) which is kind of confusing because its not really an atomic swap..
An atomic swap is when you change one cryptocurrency to another cryptocurrency without any trusted third party (usually an exchange). For example if you have 1 bitcoin you make an atomic swap to Litecoin getting with approximately 100 Litecoin. There have been some successful tests already done.
However TAST is the transfer of the same (in this case PAN) token from one blockchain to another. This is what Pantos is researching.

https://medium.com/pantos/pantos-io-by-bitpanda-the-first-multi-blockchain-token-system-c064860a8cc8

Into this update they already explained about that Token Atomic Swap technology this is an research project at this stage and this technology is not exists right now. I hope so in future they will get succeed to launched this platform successfully which will be great achievement for all early investors.

I don't understand what you people are expecting really... Just open their website it says clearly that this is a research project which means that what they are trying to do hasn't been done yet. If you are investing in them, its because if they can make Token Atomic Swap Technology a reality it could be a major breakthrough and potentially worth a lot of money.
And before anyone says that atomic swaps have already been done (yes they have) read their whitepaper, its not the same.

What an idiot!!!

You dont need to answer all of people who asking ab the validity of the project, better give us some proofs to clear all that questions.

Seriously, Pantos has no idea about how to make advertisement. On Pantos twitter, there is only reposts.... And there is one guy, who constantly calling Pantos "fraud", "sh*t". Just block this guy.... Because he has no value as user/customer. And hire some company to make your PR...

hey dev Any further informations about the project? I am interested on this project.

Bounties ?

annoying. We tried to have the mods remove them, but it didn't work

What's with all the reserved posts?  Is XpoH part of the team or just being annoying?

First hour has passed and 157 BTC were already raised

Bitpanda is well known for me. I had no problems ever since. I have invested on Pantos, just to contribute to the Bitpanda community. The idea is solid, let's see how it will go.

You can participate only via bitpanda.com. You don't need to be verified, you just need to register yourself and deposit money via fiat or sending from your wallet.

Airdrop is available for registered users, without any qualifications.

Any news about bounty?

@op is it that a bot has taken over the 1-3 page of this Ann or what? haven't you noticed the same user reserving space from begining of page or it should be overlooked,

That been said, even though there are some of blockchain project already on atomic swap and decentralized exchanges which are yet to deliver in terms of services, i think a healthy competition is always essential to spice things up a bit.

But if Pantos happens to be the first multi-blockchain token to deliver this service where other similar project are still striving would be great, besides 80% of blockchain project are still selling ideas no physical evidence yet.

Between project has such calibre of partners and advisors, this could be a success in the end who knows

Any news about upcoming bounty campaign?

Yo looking forwards for this project! Bitpanda was first site i bought crypto from Wish you luck and best of all as you may really need it

Cool.
I've published a translated version about ICO an Q&A session on biggest polish bitcoin related forum forum.bitcoin.pl
and on my own forum kryptowaluty.org.pl (kryptowaluty means cryptocurencies)

Would you be willing to tell which project you are referring to that caused you those losses? There have been a few trying to build a DEX but they also had very different architectures in mind.

Hey guys,

checkout this Q&A Update from Pantos:  https://medium.com/pantos/pantos-technology-ico-q-a-update-5745cf21a003

This should answer all questions that were asked!
Regards