Pantos (PAN) Token Report & Financial Overview— Q2 2024

Introduction

As Pantos celebrates its sixth anniversary, we’re taking a moment to reflect on our journey and share our Q2 Financial Overview & Token Insights. This report marks a new stage in our reporting, merging our previous ICO and Token reports into a single, comprehensive document. Our aim is to provide you with an engaging and detailed update on Pantos’ financial status, strategic initiatives, and community highlights. We invite you to explore our journey and the exciting developments ahead.

Bitpanda’s Role and Support

Bitpanda has been a cornerstone in Pantos’ development, sharing a vision for the future of blockchain technology. Their unwavering support has allowed us to concentrate on creating secure and interoperable blockchain solutions. This collaboration is grounded in extensive academic research conducted alongside leading European universities, emphasizing our dedication to innovation and transparency.

ICO Overview

Our ICO was a foundational moment, securing crucial funding across various cryptocurrencies. Here’s a breakdown of the assets collected:

• 322 BTC (Bitcoin)
• 181 BCH (Bitcoin Cash)
• 257 DASH
• 2,482 ETH (Ethereum)
• 2,780 LTC (Litecoin)
• 694,876 XRP (Ripple)

These assets, initially valued at around 4 million euros, provided the financial backbone for our ambitious project and innovations.

Current Financial Position

Thanks to strategic asset management, our portfolio’s value (excluding PAN) has grown substantially, reaching approximately 25 million euros. This strong financial position allows us to not only support our current operations but also invest confidently in future initiatives. Our robust financial standing includes:

• 365,373.26 EUR (Euro)
• 1,957.49 ETH (Ethereum)
• 290.615 BTC (Bitcoin)

This valuation underscores our effective financial strategies and our commitment to the responsible stewardship of our resources. It also positions us well to make significant investments in upcoming endeavors, including the highly anticipated mainnet launch. This launch will be a pivotal milestone for Pantos, and we are prepared to make a substantial impact in the blockchain space. Our community can expect increased visibility and engagement as we work diligently to promote this exciting new phase of the Pantos journey. With solid financial backing, we are poised to make a strong and lasting impression in the market, further advancing our mission of creating a connected and secure blockchain ecosystem.

Pantos Token Allocation

• Total Supply: 1 billion (1,000,000,000) PAN tokens.
• ICO Allocation: 40% of the total supply (400 million PAN) was distributed in the 2018 ICO.
• Reserve Fund: 400 million PAN (40%) are allocated to the reserve fund.
• Team: 100 million PAN (10%) is allocated to the Pantos team.
• Bounties: 90 million PAN (9%) is reserved for bounties.
• Airdrops: 10 million PAN (1%) was distributed to eligible Bitpanda users during the ICO.

Circulating Supply

As of July 2024, the circulating supply is 557,447,831 PAN, distributed through ICO, bounties, team allocations, and airdrops.

Held on Bitpanda: 520,477,408 PAN

Self-Custody: 36,970,423 PAN

These new figures indicate an increase in the circulating supply and the number of PAN held on Bitpanda, both by 1,345,732 PAN compared to Q1. The self-custody amount remained unchanged.

Distribution of Bounties

We have consistently rewarded and incentivized our community through bounties for their valuable contributions to the Pantos ecosystem. Here is a summary of bounties distributed:

• TAF Bounties — 2018: 5,207,857.634237 PAN
• PAN Trading Competition — 11. May 2019: 46,648.961 PAN
• User Rewards — 11. May 2019: 46,648.96100491 PAN
• PAN Trading Competition — 6. August 2019: 385,000 PAN
• Social Media Giveaway — 20. September 2019: 5,000 PAN
• PAN Competition 03. August 2020: 280,000 PAN
• Community Bounty — 06. October 2020: 220,000 PAN
• PAN Photo Challenge — 07. December 2021: 30,000 PAN
• HODLiday Calendar Giveaway — 29. December 2021: 74,155 PAN
• Bitpanda Pro Market Maker — 22. April 2022: 499,306.1083 PAN
• PAN Anniversary 22’ — 10. August 2022: 335,845.1094 PAN
• PAN Anniversary 23’ — 4. September 2023: 495,000 PAN

As of July 2024, a total of 7,578,813.07 PAN bounties have been distributed.

Additionally, 600,000 PAN have been reserved for our sixth anniversary raffle giveaway, which is ongoing until August 26, 2024. Head over to the announcement blog post to learn more.

Team Token Distributions

In July 2024, our team received its first fully vested payout. Going forward, each team member will receive an annual distribution of 100,000 PAN. New team members will receive an initial allocation of 150,000 PAN after an 18-month vesting period, followed by standard annual distributions. This distribution model not only rewards our dedicated team members but also aligns their incentives with the long-term success of Pantos.

Commitment to Transparency

Our commitment to transparency remains unwavering as we introduce this unified report. By merging the ICO and Token reports, we aim to deliver a more cohesive and accessible narrative of Pantos’ progress. This new format is part of our ongoing efforts to keep our community well-informed and engaged. We believe that transparency is crucial for fostering trust and ensuring that our community can make informed decisions about their involvement in the Pantos ecosystem.

Upcoming Reports

• October, 2024
• January, 2025
• April, 2025

We welcome your feedback and suggestions for future reports. Your insights are invaluable as we continue to improve our transparency and communication.