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Highlights
- Pacman is a new project in the crypto domain. It is not yet listed by cryptocurrency information aggregators like Coinmarketcap.
- The vision of the Pacman Frog project is to incubate game entrepreneurs and democratize early-stage investing for retail buyers.
- There are a total of one billion PAC tokens.
Pacman Frog (PAC) is a new project in the crypto space and is not listed by cryptocurrency information aggregators like Coinmarketcap yet. In March this year, it launched its Twitter account and currently has 329 followers. According to its Twitter account, the project started its Phase 1 pre-sale on March 30, which could be a possible reason for drawing investors' interest.
However, the crypto market was trading 3.47% lower to US$1.82 trillion in the trailing 24 hours to 11:43 am ET.
What is Pacman Frog cryptocurrency, and what does it do?
Pacman Frog started with an idea to build a decentralized community token to lead the future of Web 3.0 by offering a diverse set of services in its ecosystem.
The Pacman Frog project vision is to incubate the game entrepreneurs and democratize early-stage investing for retail buyers on equal terms with VCs. It aims to develop a dedicated incubator and gaming branch to empower innovators by offering them access to capital, community, and alliance formation to support blockchain gaming and NFTs' future.
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It seeks to be a one-stop-shop to meet the DeFi, metaverse, gaming, and NFTs needs. The project’s features include Simple launchpad, NFT launchpad, game incubator, NFT aggregator, GameFi NFT marketplace, and users’ onboarding, as per its website.
It aims to adopt a Decentralized Autonomous Organization (DAO) model to execute events involving token holders to avoid control of a single institution.
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Data Source: coinmarketcap.com
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Token details:
PAC is the governance token that runs on the Solana (SOL) network. Holders use the token to vote on the project's future development proposals. Pacman Frog plans to use the token for different use cases, such as NFT, GameFi, DeFi, etc.
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It has a total of one billion tokens. To become a part of the PacDAO network, one needs to hold one million-plus PAC tokens in the wallet. Surprisingly, the project doesn’t need KYC requirements from users to join its ecosystem, which could prove risky for the project considering the hacking cases these days in the crypto space.
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Bottom line:
Its website doesn’t show the milestones Pacman Frog has crossed. In Q1, 2022, the project’s theme was community-building. In the second quarter, its roadmap includes meme factory development, eSports, gaming, and the metaverse.
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