Details

What is PNP

Tokens

1. What is PNP?

Introduction to PNPTokens (Penpie)

  1. Basic Information: Penpie (PNP) is a type of token that is traded as a digital asset in the tokens market.
  2. Trading Platforms: PNP can be traded on multiple tokens exchanges, including Binance and CoinEx.
  3. Risk Warning: Investing in tokens involves market risks and price fluctuations. Investors should consider their investment goals, experience, and risk tolerance. Investments may result in partial or total loss; investors should decide on the investment amount based on their acceptable level of loss.
  4. Regulatory Note: In certain countries, including China, the government imposes strict regulations on tokens trading, prohibiting domestic and foreign entities from providing tokens trading services to residents within China.

Note: This introduction does not include price information and only provides basic information and risk warnings.

2. Who founded PNP?

Based on the provided information, it is not possible to directly identify the founder of Penpie (PNP). However, according to the introduction of Penpie, it is a DeFi platform integrated with Pendle Finance, aimed at providing users with yield and veTokenomics enhancement services. There is no specific information indicating who the founder of Penpie is. It is recommended to visit Penpie’s official social media or website for more information.

  • Twitter: https://twitter.com/Penpiexyz_io
  • Discord: https://… (please refer to the source for the specific link)

3. Which venture capital firms have invested in PNP?

According to the provided information, there is no direct mention of which venture capital firms have invested in Tokens PNP. However, here are some investment details related to tokens and blockchain:

  1. Coinsuper: A Hong Kong-based tokens exchange that completed a pre-B round equity financing, led by Unbound, with follow-up investments from Fin Venture Capital, Yunjiu Capital, and West World.

  2. Uphold: A digital currency remittance platform that secured $57.5 million in a seed round, with investment from former Federal Reserve senior analyst and current Ripple Chief Risk Officer Greg Kidd.

  3. BlockTower: A cryptocurrency hedge fund that received $140 million in strategic financing, with participation from several well-known Silicon Valley venture capital firms.

  4. BHex: A decentralized digital asset custody trading platform that completed $15 million in a seed round, with investors including HTX Network, OKCoin, Yintai Capital, and Node Capital.

  5. OpenSea: An NFT trading platform that completed $23 million in Series A financing led by a16z and $100 million in Series B financing.

This information does not directly answer the question about investments in PNP but provides details related to tokens and blockchain investments.

4. How does PNP work?

How P2P (Peer-to-Peer) Tokens Work

  1. Decentralization: Tokens are based on blockchain technology, which is a decentralized ledger that records all transactions on the network. It is maintained by a network of computers rather than a central authority, making it difficult to alter or tamper with.

  2. Transaction Process: When a user makes a transaction, the transaction information is broadcasted across the entire network. Participants in the network (referred to as miners) validate these transactions and collect them into a block. This block is encrypted and added to the blockchain, ensuring the security and transparency of the transaction.

  3. Encryption and Security: Tokens use advanced encryption techniques to secure transactions. Each user has a unique public key and private key used to encrypt and decrypt transaction information. This mechanism ensures the security and anonymity of transactions.

  4. Miners and Farm; Mine: Miners verify transactions and create new blocks by solving complex mathematical problems. As a reward, miners can earn a certain amount of tokens. This process is referred to as Farm; Mine.

  5. Wallets and Transactions: Users can use tokens wallets to store, send, and receive tokens. Wallets can be in software, hardware, or paper form, used for managing users' private keys and public keys.

In summary, P2P tokens achieve secure, transparent, and fast transactions through decentralized blockchain technology, encryption, and miner verification.

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