AMA RECAP : CRYPTO CHALLENGERS x PANDORA PROTOCOL

CRYPTO CHALLENGERS
7 min readAug 28, 2021

Venue : @CryptoChallengersD

Date : 22nd AUGUST 2021

Time : 3 PM UTC

Guest : Pushkar Vohra (CEO and founder),Sayuj Kumar ( BDM)

SEGMENT 1 : INTRODUCTION SEGMENT

Franklin Jax | CRYPTO CHALLENGERS

𝗤𝟭. 𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗽𝗹𝗲𝗮𝘀𝗲 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝗮 𝗾𝘂𝗶𝗰𝗸 𝘀𝗲𝗹𝗳-𝗶𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗰𝗼𝗺𝗺𝘂𝗻𝗶𝘁𝘆?

Team | PANDORA PROTOCOL

Pandora is founded by Pushkar Vohra (CEO), who was previously part of EthLend(now AAVE) and many other DeFi projects.We provide a liquid infrastructure protocol where any assets can be tokenised in liquid form and can be further traded as swap, lend, borrow or can derivative trade. For those NFT generated on other platforms, we are bringing innovative mechanism to bring liquidity via PiNFT. PiNFT is a novel approach to get liquidity in any NFT and make it tradable to a cross-chain platform.

Franklin Jax | CRYPTO CHALLENGERS

𝙌2. 𝘾𝙖𝙣 𝙮𝙤𝙪 𝙗𝙧𝙞𝙚𝙛𝙡𝙮 𝙞𝙣𝙩𝙧𝙤𝙙𝙪𝙘𝙚 𝙩𝙝𝙚 𝙥𝙧𝙤𝙟𝙚𝙘𝙩 𝗣𝗮𝗻𝗱𝗼𝗿𝗮. 𝙬𝙝𝙖𝙩 𝙖𝙧𝙚 𝙨𝙤𝙢𝙚 𝙤𝙛 𝙪𝙩𝙡𝙞𝙩𝙞𝙚𝙨 𝙤𝙛 $PNDR ? 𝙃𝙤𝙬 𝙙𝙤 𝙮𝙤𝙪 𝙩𝙝𝙞𝙣𝙠 𝙮𝙤𝙪 𝙨𝙩𝙖𝙣𝙙 𝙤𝙪𝙩 𝙖𝙢𝙤𝙣𝙜 𝙩𝙝𝙚 𝙘𝙤𝙢𝙥𝙚𝙩𝙞𝙩𝙤𝙧𝙨 𝙞𝙛 𝙩𝙝𝙚𝙧𝙚 𝙖𝙧𝙚 𝙖𝙣𝙮?

Team | PANDORA PROTOCOL

Pandora is founded by Pushkar Vohra (CEO), who was previously part of EthLend(now AAVE) and many other DeFi projects.We provide a liquid infrastructure protocol where any assets can be tokenised in liquid form and can be further traded as swap, lend, borrow or can derivative trade. For those NFT generated on other platforms, we are bringing innovative mechanism to bring liquidity via PiNFT. PiNFT is a novel approach to get liquidity in any NFT and make it tradable to a cross-chain platform.Token Utility revolves around 3 different verticals.
1. Gas Token for Pandora Protocol.
2. Governance token
3. Security infrastructure for Pandora Parachain

Franklin Jax | CRYPTO CHALLENGERS

𝗤𝟯. 𝗖𝗮𝗻 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗲 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁𝘀 𝘁𝗵𝗲 𝘁𝗲𝗮𝗺 𝗵𝗮𝘀 𝗺𝗮𝗱𝗲 𝘀𝗼 𝗳𝗮𝗿 ? 𝘄𝗵𝗮𝘁 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗺𝗮𝗷𝗼𝗿 𝗮𝗰𝗵𝗶𝗲𝘃𝗲𝗺𝗲𝗻𝘁 𝘁𝗮𝗿𝗴𝗲𝘁 𝗣𝗮𝗻𝗱𝗼𝗿𝗮 𝗶𝘀 𝘆𝗲𝘁 𝘁𝗼 𝗮𝗰𝗵𝗶𝗲𝘃𝗲 . 𝗜𝗳 𝗽𝗼𝘀𝘀𝗶𝗯𝗹𝗲 𝗮𝗹𝘀𝗼 𝘀𝗵𝗮𝗿𝗲 𝘆𝗼𝘂𝗿 𝗿𝗼𝗮𝗱𝗺𝗮𝗽.

Team | PANDORA PROTOCOL

Well seeing all the NFT Marketplace with these upcoming you must wonder what Pandora is and what features will it showcase to revolutionize the NFT Marketplace .
Pandora Protocol started its milestone:
1.)In a short period, we were fortunate to build the beta version of our product with very few team members.
2.)Along with that, we have also closed a small amount of early-stage of money to develop the product. On the business side there are
3.)3 products getting built onPandora.
Our roadmap is built on quarter to quarter basis. First-quarter we were able to build a Beta version of the product and secure a small fund to develop the product.In the second quarter, we are going on main-net along with a token launch event.For the third quarter, we will be working on cross-chain transaction and other innovations.For last quarter we will start working on DAO structure of Pandora.Details on Roadmap we are publishing soon on our social media handle.

Franklin Jax | CRYPTO CHALLENGERS

𝗤𝟰.𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝗮 𝗯𝗶𝘁 𝗮𝗯𝗼𝘂𝘁 𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗮𝗻𝗱 𝗮𝗹𝘀𝗼 𝘄𝗵𝗮𝘁 𝗯𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝘆𝗼𝘂 𝗽𝗿𝗼𝘃𝗶𝗱𝗲 𝘁𝗼 𝗶𝗻𝗰𝗲𝗻𝘁𝗶𝘃𝗲𝘀 𝘂𝘀𝗲𝗿’𝘀 𝗰𝗵𝗼𝗼𝘀𝗶𝗻𝗴 𝘆𝗼𝘂𝗿 𝗽𝗹𝗮𝘁𝗳𝗼𝗿𝗺?

Team | PANDORA PROTOCOL

For the NFT creators and Buyers a specific set of parameters would be taken into account and maintained . So that each of our users feel special .
As of now , we will be having our priority for our Creators . Giving them incentive for uploading an NFT , selling their NFT etc.
As for the buyers while buying thier NFT’s and completing a certain target while buying .
As for the general users signup and Referal system would be there that would encourage and motivatr each users. Apart from that we wi be running trending contest at each period to increase engagement on the platform!As for the security we have performed audits from well renowned blockchain security plaftorm ,Zokyo . Also the R&D teams take out and test the platforms shortcomings to make the platform secure from any vulnerabilities!

Franklin Jax | CRYPTO CHALLENGERS

𝗤𝟱. 𝗪𝗵𝗮𝘁𝘀 𝘁𝗵𝗲 𝘁𝗼𝘁𝗮𝗹 𝘀𝘂𝗽𝗽𝗹𝘆 𝗼𝗳 𝘁𝗵𝗲 𝘁𝗼𝗸𝗲𝗻 ? 𝗖𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝘀𝗵𝗮𝗿𝗲 𝗮 𝗱𝗲𝘁𝗮𝗶𝗹𝗲𝗱 𝘁𝗼𝗸𝗲𝗻𝗼𝗺𝗶𝗰𝘀 𝗼𝗳 𝗺𝗮𝗶𝗻𝗻𝗲𝘁 𝘁𝗼𝗸𝗲𝗻’𝘀 𝘀𝘂𝗽𝗽𝗹𝘆 𝗱𝗶𝘀𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻.

Team | PANDORA PROTOCOL

Max supply: 100million PNDR
Our tokenomics is very lucrative and focused on community and product. We are putting a major portion for our community, which will be released on a recurring interval. Details about Tokenomics can be found here: https://medium.com/pandoraprotocol/introducing-pndr-token-from-pandora-finance-tokenomics-and-distribution-5a4acc90ea66

SEGMENT 2 : TWITTER SEGMENT

Franklin Jax | CRYPTO CHALLENGERS

Q1) Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

From @annamuskto

Team | PANDORA PROTOCOL

We are living in a decentralised world. Vulnerability is something which one can’t skip but can minimise it by taking the various measure. This is what all the best DeFi projects do — We at Pandora do not push any code on the main-net without getting an audit from a reliable and good security auditing firm. Everything needs to be audited from token contract to SDK; then only it will be pushed to main-net. We have partnered with one of the best security auditing firm which is Zokyo.

Franklin Jax | CRYPTO CHALLENGERS

Q2) In an article on Medium, I read that they are working on tokenizing real world assets via dynamic NFT. What exactly is dynamic NFT and what makes it different from traditional NFT? What advantages and benefits will this type of NFT provide to users?

From @Ebenezeraddo700

Team | PANDORA PROTOCOL

Dynamic NFTs are those NFTs whose price changes with respect to time. Outside events can make the price positive or negative and can impact it. More details about dynamics NFT can be foundat: https://medium.com/pandoraprotocol/pandora-protocol-a-concise-guide-to-dynamic-nfts-5a0507e1cd58

Franklin Jax | CRYPTO CHALLENGERS

Q3) I’ve personally seen a lot of projects launched with inexperienced team members, and some of them didn’t go well. Can you tell me a bit more about the team and some of their background? Are they experienced and expert in their field?

From @themiracleboy0

Team | PANDORA PROTOCOL

We are a team of individual experts in the technology and business vertical.Pandora founder and CEO — Pushkar Vohra has worked with Ethlend ( now AAVE ), founded Blockslab and worked with few other DeFi projects before starting Pandora. He has also been the TedX speaker. Other teammates like our Product lead (Ankit) and CMO (Sachin) have also worked with various crypto and non-crypto companies like Ocean Protocol, BigChainDB, Red Hat, Blockslabs and a few others.One common thing about most team members is that they have worked with the best DeFi and crypto projects before. We are very much confident about the success of Pandora in the NFT ecosystem.

Franklin Jax | CRYPTO CHALLENGERS

Q4) Can you highlight some of the recent relationships you’ve created with existing blockchain foundations? Collaboration and partnerships are one of the cornerstones of making DeFi more widely available.

From @hidy00

Team | PANDORA PROTOCOL

We have partnership’s with Oropocket , Unmarshal, PARSiQ as of now. These all are our Ecosystem partners that will be having integration involved with Pandora’s Product on a later stage for a boost in product and users for both of the communities.Apart from that few other big names for partnership’s are lined up in queue. Stay tuned because we are close to our IDO and we will be disclosing many big announcement with renowned Blockchain platfrom !

Franklin Jax | CRYPTO CHALLENGERS

Q5) How is #PANDORA development going? Can you describe in detail the current development efforts, the market expansion plans, the expected applications and when they will be commercially available?

From @SilakYamon

Team | PANDORA PROTOCOL

For the future ones :
We have 3 products that are to be launched and yet major features to be integrated in the future to make it even more unique and interesting .
1.)Box
2.)Kylyx
3.)Kalel

SEGMENT 3 : LIVE Q & A

Q1) FROM @JudieLanham

Currently, Binance smart Chain blockchain trending topic and It’s having high transaction speed and cheap gas fees, Are you planning to Moved other blockchain or launch your mainet in the future?

Team | PANDORA PROTOCOL

Yes, we will launch our product on BSC chain initially. Then move on to others in the future

Q2) FROM @nahid0981

Is your Project a local and a global project. How many People do you have for non english user? Can anyone uses your services from anywhere in the world.Is there are any restrictions of using your service?

Team | PANDORA PROTOCOL

We are global from day 1. We are coming up with various regional ambassador program very soon. Please join our telegram channel for more updates https://t.me/pandoraprotocol

Q3) FROM @Roky151

Can you explain to us how to purchase your token ?Will you have private sale and public sale event ??

Team | PANDORA PROTOCOL

We are launching our IDO on 30th August (Monday) Pre sale is over and whitelisting on ignition is closed! You can buy PNDR coin on Monday once listed on Uniswap. 🚀🚀

Q4) FROM @KeiraHardman

Can you briefly describe your PARTNERSHIPS so far?

Team | PANDORA PROTOCOL

Our partnership is an ongoing activity. As of now we have did partnership with OroPocket and Unmarshal.With Unmarshal we have partnered for data indexing API for the NFT ecosystem Whereas, with OROpocket we have partnered to provide liquidity to the tokenized asset on their platform and cross-chain transactions. Both the partnerships are a strategic partnerships. The user of both the ecosystem will be benefited.We have also recently partenered with PARSIQ team to provide triggering events for NFT data point. We many more partnerships to be announced down the line so stay tuned! More about that can be read in the medium article: https://medium.com/pandoraprotocol/pandora-partners-with-parsiq-to-provide-triggering-events-for-nft-data-points-44dd3d8c5dd

Q5) FROM @Edyhead

#Pandora has three main products that are in “Coming Soon” status, namely (1) Box (2) Kylyx (3) Kalel. Can you give some kind of sneak peek about those products? What services are provided and the benefits that users get?

Team | PANDORA PROTOCOL

Good question. All these dapps are using Pandora SDK as the middleware solution.
KylyX: KylyX is the marketplace for digital and real-world asset NFT with cross-chain functionality
BoX: Box is the surprise box where lots of innovative features like liquidity induction in NFT via PiNFT’s are there.
Kalel: Kalel is the social token dapp built on Pandora SDK

— AMA CONCLUDED —

Follow CARDINO here for latest updates;

Website : https://pandora.finance
Twitter :
https://twitter.com/Pandoraprotocol
Telegram :
https://t.me/pandoraprotocol

Follow CRYPTO CHALLENGERS :

Group : https://t.me/CryptoChallengersD
Channel :
https://t.me/CryptoChallengersNews
Twitter :
https://www.twitter.com/C_challengers

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