Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs
press release

Pandora Raises $2.4M From Industry Heavyweights to Bridge off-Chain Assets to Open Finance via NFTs

THELOGICALINDIAN - PRESS RELEASE Pandora Finance httpspandorafinance appear that they accept auspiciously bankrupt their 24m berry annular The Pandora aggregation accustomed pledges from some of the best arresting investors aural the crypto amplitude and bankrupt the annular oversubscribed by manifolds

Overview of cardinal investors

The allotment annular assured with Pandora selecting some of the best able-bodied admired investors aural the crypto space. Pandora’s cardinal investors accommodate Genesis Block, Spark Digital Assets, AU21, x21, NGC, Zokyo Ventures, Exnetwork, A195, Protocol Ventures, Genblock, Magnus Capital, Chain Asset Capital, Amesten, Crypto Dorm Fund and Master Ventures and accepted alone investors like Danish Chaudhari (Bitcoin.com Exchange) and others.

“GBV has been afterward the NFT developments closely. In Pandora, we acquisition a different and avant-garde band-aid to accompany clamminess to the NFT ecosystem. This represents a above advance in the abeyant use cases for NFTs!”

— Leslie Tam, Genesis Block Ventures Co-Founder and Partner.

“We are aflame to accomplice with Pandora as they actualize greater interoperability and clamminess for commonly illiquid assets, and acquaint new acknowledgment opportunities assimilate the blockchain. Pandora’s able affiliation of NFT technology, absolute apartment of artefact offerings, and their arch aggregation position them agreeably to accomplish in their mission to arch the bisect amid agenda and concrete assets.”

AU21 (https://au21.capital/)

Overview

Pandora Agreement is a amalgam Open Accounts band-aid for problems faced by both acceptable finance, and decentralised finance. By creating a arch amid real-world and on-chain assets, this agreement allows for the tokenization of illiquid assets – acceptation they can be found, traded and endemic in a secure, decentralized way.

NFTs accept been more accepted over the aftermost 12 months; however, the abridgement of clamminess has been a growing affair for many. Pandora’s middleware band-aid induces clamminess in the NFT ecosystem for any NFT platform; this can appear in the anatomy of tokenized real-world assets, through to agenda asset NFT’s. Pandora offers cogent advantages over added exchange enablement technologies because instead of aggressive with added NFT platforms for liquidity, they are allowance added platforms abound aloof by inducing clamminess into them.

It is this technology which sits at the affection of Pandora protocol’s approaching value. Imagine actuality able to accept a exchange area both digitally built-in and real-world assets could acquisition liquidity, authentic appraisement while additionally always actuality adapted with accordant on-chain data. This would add cogent account and purpose to the NFT space, and acquiesce them to be swapped, traded or borrowed.

What is advancing up abutting for Pandora

Not agreeable with aperture up exchange clamminess to real-world assets, Pandora is currently alive on a different new accepted they are allotment PiNFT. This amalgam standard, which has the functionality of both changeable and non-fungible tokens, works by wrapping NFTs about article with built-in value; such as DAI. This can again be traded on Uniswap, Maker and AAVE – finer enabling NFT cross-chain barter on a huge cardinal of platforms.

Looking advanced to the butt of 2024, the Pandora aggregation will be continuing to advance the artefact and authorize alike added partnerships to abound the protocol’s able reach. In the meantime, the aggregation abaft Pandora is gearing up for their IDO (Initial DEX Offering).

“We at Pandora are envisioned with bridging the gap amid on-chain and real-world assets via NFTs. Our aggregation with apprenticed armament is all geared up to revolutionise the NFT ecosystem by maximising its abeyant and bringing clamminess to the apple of abeyant illiquid assets”.

– Pushkar Vohra, Founder & CEO – Pandora Finance

 

About Pandora

Pandora creates a arch amid on-chain and real-world assets to anatomy an accessible accounts ecosystem. This agreement allows for the tokenization of illiquid assets, acceptation they can be found, traded, adopted and endemic in a secure, decentralized way. Pandora provides both a middleware band-aid for minting clamminess enabled NFTs, alongside alms Dapp developers the adeptness to advantage Pandora to accommodate clamminess to their own users’ NFTs.

Website: http://www.pandora.finance/

Twitter: https://twitter.com/PandoraProtocol

Medium: https://medium.com/pandoraprotocol

LinkedIn: https://linkedin.com/company/pandoraprotocol

Telegram Official Group: https://t.me/PandoraProtocol

 

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