Over the past few months, we’ve had many developments across the board. From our token migration, private beta release, and our Lootverse partnership, our teams are quite busy. We’re thankful that quite a few chapters are all coming to a close over the coming weeks and that we can begin some more adventures alongside our community. Below are a few key points to highlight.

Contract Audit and Migration

/wenbamboo? Now Bamboo!

It’s official — $PINKPANDA is migrating to a new contract!

The token name will be Bamboo and the symbol will be $BAM. We will be announcing an official token migration window once our audit is fully closed and implementation details are finalized. We have committed to a minimum 2-week notice for token holders and will be rolling out a media campaign across our channels to ensure we can communicate this with as broad an audience as possible.

Certik Audit

We began our Certik audit in March, you can track our status here. We have replied to the 6 issues

Next Steps

Get ready, pandas, this is a huge and exciting step for us all! Please remember to be safe as we are passing through this migration. Legitimate announcements will only come from official sources over the coming weeks. You will be able to check all information at our website https://pinkpanda.io — and if you want to be extra safe, can always check 2 sources (e.g. medium post to our website, Twitter to our website, Telegram chat to our website). There are many very clever ways in which hackers can spoof or hack a single source, it’s far more difficult to spoof or compromise 2 sources.

For any questions, please reference the Migration FAQ. You can also get a link to the Migration FAQ in the official Telegram channel by using the /migrationfaq command. If your question isn’t answered, please email operations@pinkpanda.io or ask a moderator or admin in our channels.

Mobile Development

We’re focusing now on the “back end” — swap/Web 3 components. Other features we plan to release soon are adding popular wrapped tokens, PIN and FaceID support, token hiding, custom token importing, better token description pages, more graphing timeframes, and more. The mobile app development team has its hands full with a suite of features both announced and unannounced. Some things land better with a mic drop.

TEAM UPDATES

You may have heard we recently announced that Marc Rousavy is joining us as co-founder and we are so happy that he’s with us! Marc is exceptional at developing and designing anything from mobile apps to complex high-performance backends, AI, and more. Marc is the brains behind our mobile app and is extremely skilled in mobile development, user experience, and animations. He’s one of the most talented React Native developers in the world. Read more about his press release here.

We have another major announcement dropping very soon about strategic addition to our executive team. This one is an answer to a long-asked question in our community and we could not be more excited about what this new addition to our already potent team brings.

Some other recent team additions:

• Josh Aust recently joined the team as an operations manager, but “DigiDrip” has been with Pink Panda since the beginning. Josh has a background in IT and business administration, deep NFT and community experience, and is an all-around “get things done” kind of person.

• Jamie Lavin recently joined our team as a legal project manager, but “BigBellyPanda” has been with the Pink Panda community since launch as well. Jamie is a former attorney and is assisting in what oftentimes slows us down the most — lawyers :)

BambooDAO

As we migrate to $BAM, this will allow on-chain community governance and the formation of a DAO. We (the broader we) will then begin a more structured collaboration around how the DAO will govern the token and how Pink Panda Holdings, Inc. will be a partner in this process.

An article was recently released regarding the purpose and possible structure of BambooDAO. Thanks to the blockchain, a DAO is very basically a way to allow transparent decision-making in a group of people with a shared interest. Here’s a snippet about BambooDAO, who its members are, and what it stands for.

In our essence, BambooDAO is a community of builders, holders, wenweners, enjoyers, and friends that hold Bamboo (henceforth $BAM). As BambooDAO we collectively aim to see the best in the longevity of, the progress of, and the utility of $BAM in a variety of digital asset and blockchain-focused use cases. We encourage all types of builders to join us in creating socially good and innovative blockchain products.

Read the entire article here.

New Domain Acquisitions

You may have noticed that we were able to upgrade our domain to https://pinkpanda.io. We’re extremely thankful for the old pinkpanda.io owner making the process straightforward and for his help in making the transaction smooth; we are happy to move to a more mainstream top-level domain.

We were also able to get our hands on our ENS domain, pinkpanda.eth, so Adam has begun to have some fun with the basic usage of that. We’ll possibly be able to do some interesting things with our ENS domain in the future!

Brand Overhaul

We’ve begun taking steps to move Pink Panda into its next brand iteration. We work with many talented professionals to land a look and feel that will take us to a million users — and beyond. We expect this overhaul to make significant headway over the next couple of months. Stay tuned on our socials and Telegram, as we’ll definitely drop sneak peeks. You know Adam can’t refrain from dropping hints. Here’s one concept below. 👀

Over the next few months, we’ll have many chapters coming to a close. We are happy and thankful for the partnerships we are forming at this stage of our start-up and we foresee the partnerships continuing to grow in the years to come.

Lastly — NFTs

The in-app avatars are such a hit! What if we were to create NFTs that had utility in the app as well as with the token? Hmmm..

CLOSING THOUGHTS FROM CEO AND CO-FOUNDER OF PINK PANDA, ADAM CARLTON

Things considerably shifted at the turn of the year. All the time and energy we’ve spent on building out our core team, the community, relationships, the strategy, and of course the technology… have been coming together in a quite magical way. I could probably spend a few hours going over what’s happened but I’ll keep it brief:

• As of March, I resigned my position at West Monroe and am now dedicating even more time to Pink Panda Holdings. This was a big step, and while nothing in life is guaranteed, I felt comfortable enough to “take the leap”. As much as I loved working at a world-class technology firm like West Monroe, digital assets are truly my passion.

• Pink Panda Holdings, Inc. is completing a pre-seed capital raise. This is a long and complex process started in January that I expect to be completed in the next few weeks. Once this is completed, we will be communicating our strategy and vision more publicly, and by coupling it with a marketing plan to begin the critical process of growing our user base, upgrading our brand, and entering our next phase of growth.

• We’re starting to see what I believe is the front edge of more regulatory clarity. I recently attended a dinner hosted by McGonigle law that was very insightful, and our legal and compliance team stays on top of every new development and we are very active as a member of the Global DCA. In fact, we were signatories to a response to the SEC which was pretty cool — I was in good company!

• I’m particularly excited about our upcoming partnership with Lootverse, which continues to unfold as we will soon begin building Versa, a fully US compliant method for onboarding crypto “newbies” into the metaverse, using USDC as the basis. We see some direct ways to tie $BAM utility into this integration. More news to come on that in the next quarter.

• Lots more…we are continuing to add team members, we’re working on the new website design, we’re working on some very cool ideas around DAOs, we’re working on a permanent fix for our API issues, and much more.

This space changes faster than any industry I’ve ever worked in. I watched The Founder the other week, and loved this quote…

“Nothing in this world can take the place of good old persistence. Talent won’t. Nothing’s more common than unsuccessful men with talent. Genius won’t. Unrecognized genius is practically a cliche. Education won’t. Why the world is full of educated fools. Persistence and determination alone are all powerful.”

I believe this is how success is achieved in any industry, but especially one as challenging and fast-paced as Digital Assets.

And we’re just getting started…