Key Capabilities

A Decentralized Ecosystem

Decentralization is an important concept for NFTs. In addition to allowing digital items to have intrinsic rarity, decentralization also provides added benefits over real world ownership. The primary way decentralization does this is by dis-intermediation. With respect to NFTs, this means there are no third parties controlling the actual delivery of the NFT or tokens, making it a completely peer-to-peer system.

The benefits of decentralization include:

• Peer-to-Peer Transactions

• Trustless Transactions

• Provable Rarity

• Permissionless Ecosystem Access

• Secure Ownership

• Anonymous Ownership

Creator-Focused

NFTs have given control over transactions to creators. However, centralized services threaten to erode some of that control. At their worst, centralized services can control the ability for someone to send an NFT to someone else. For example, some platforms require you to "lock" your NFT into their platform for it to be exchanged. Some platforms even encourage you to lock the NFT into their ecosystem from its creation, forcing the creator to complete the first transaction on their platform.

In an ideal world, everyone would be able to interface with the blockchain in a completely customizable way. However, at the moment this requires a level of technical proficiency that the average person doesn't have. We are here to bridge that gap and provide creators with the most customizable and open experience possible, while keeping platform interaction simple.

Open-Source Codebase

By interacting with NFTs on a blockchain, smart contracts must be available. However, most platforms don't make any effort to put smart contracts and codebases on display. Whether it comes from a fear of transparency, or simply a preference for a closed feedback system, most platforms actively discourage and ignore specific suggestions. One of our goals at Project-Panda is to maintain an open source codebase. This will encourage open participation in our ecosystem and help us grow our technical community, opening the door to future collaboration.

Decentralized Governance

A key feature of both our platform and our PNDA token is our commitment to decentralized governance. With decentralized governance, our community will be able to actively drive decisions behind the platform's operation, and future direction. It is critical that NFT creators, collectors, and investors have a platform they can contribute to. In this system, NFT stakeholders will be able to directly affect the development of tools, creating better outcomes for themselves.