Review on pNetwork by Toprak Dere
About pNetwork
PNetwork (PNT) Coin is a blockchain project that provides cross-network assets and most importantly NFT transfer. PNetwork, which enables inter-network interaction, also opens the door for decentralized applications to be used in multiple networks. The transfer of assets from one blockchain network to another can be carried out quickly and without any problems with pNetwork. Bitcoin can be transferred in the Ethereum network, as well as Ethereum in the Cosmos network.
The only feature that allows this to be done in the PNetwork Coin network is known as pToken. Produced for Ethereum, pETH is a cryptocurrency indexed to the value of Ethereum, the second largest cryptocurrency by total market value. Similar tokens are produced for many cryptocurrencies like this and the transfer between networks is provided in this way.
The most important feature of the network is emphasized as the ability to transfer NFTs between networks. The recent popularity of NFTs is the biggest reason for this.
PNT Coin is the main cryptocurrency of the network. It is necessary to use PNT Coin to trade on the network, which presents a steady upward scenario for the PNT Coin price.
pNetwork Coin started to be talked about, especially after DeFi tokens became popular. While some investors seriously rely on PNT Coin, we see that some investors abstain from this issue. It is seen that the airdrop, which pNetwork launched as soon as it was released, attracted attention. According to some names, this airdrop and its listing on many exchanges show the strength of the pNetwork coin.
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Pros
- future is bright
- Portable: pTokens can move any token to a different blockchain without any friction.
- Fixed: Each pToken is transparently fixed to the corresponding token.
- It's provable: A decentralized process makes everything transparent. Through PTokens DApp, anyone can peg-in / peg-out.
Cons
- not listed in most exchanges
