What is Pacman Frog (PAC) crypto and why is it trending?

Be the First to Comment Read

What is Pacman Frog (PAC) crypto and why is it trending?

What is Pacman Frog (PAC) crypto and why is it trending?
Image source: © Yur4you | Megapixl.com

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.

Also Read: Why PLC Ultima (PLCU) crypto skyrocketed nearly 300% YTD?

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. 

Also Read: What is EarthFund (1EARTH) crypto and why is gaining attention?

 What is Pacman Frog (PAC) crypto and why is it trending?Data Source: coinmarketcap.com

Also Read: Why is Celer Network (CELR) crypto rising?

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. 

Also Read: What is Phoenix (FIRE) crypto?

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.   

Also Read: Why is Sweatcoin (SWEAT) crypto new buzz in town?

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. 

 

Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.

Disclaimer

Speak your Mind

Featured Articles