We are excited to announce Pangea’s series of 1/1 modular, interoperable prefabricated builds. This series will include NFTs in the form of, but not limited to, event spaces, business storefronts, and galleries that can be deployed into various virtual worlds and combined to create an aspect of composability and customization. This project will comprise multiple collections from some of the most prominent artists in the space to capture their unique style and get different creators’ takes on the form that each of these spaces may hold. Each build will be a unique piece of Metaverse architecture, with different traits based on architectural elements, size, complexity, and more.

PangeaDAO is partnering with Boson Protocol v2, the breakthrough technology enabling digital to physical redemption without intermediaries. At Pangea, we pride ourselves on not only investing in land, but also working to build a vibrant and exciting ecosystem within the Metaverse that will attract both brands and new users. This partnership will enable PangeaDAO to sell physical products as NFTs from within the Metaverse through Boson Protocol v2. 

The proto-Metaverse is composed of siloed digital worlds. Different worlds may require different hardware for users, most assets cannot be transferred from one platform to another, and development in various worlds may call for the use of multiple engines, SDKs, and environments. While blockchain technology is conducive to creating truly open and interoperable digital worlds, the Metaverse as currently constructed still has a long way to go.

Welcome back! For the last several months, we have been hard at work building out PangeaPartners, the consulting arm of our DAO. Through hundreds of conversations with brands and marketing agencies, we’ve learned that there is a healthy mix of curiosity, intrigue, and lack of urgency. Outside of the Web3 space, companies are still operating deliberately, guided by KPI metrics and often quarterly cycles. They have a budget and they spend based on justification through analytics. Likely, their budget was built out in Q4 2021 for 2022 annual planning, and chances are “Metaverse Implementation” was not a line item. However, we have found that these brands and marketing agencies have overestimated the budget and resource allocation to strategize, design, and implement in the Metaverse to set baseline expectations, metrics, and learnings. Enter, PangeaPartners. Indulge us for a moment.

PangeaDAO has officially planted our flag in the history of Digital Worlds.

After months of building relationships, ideating our vision, and mobilizing a community, PangeaDAO's Presale has successfully closed -- netting 111.01 ETH! This article is to recap the event further. THANK YOU and congratulations to everyone that participated. We'd also like to thank those that plan to join us in the Public Sale and all our frens that are active in Pangea's Discord. We appreciate all of you and we are dedicated to continuously connecting with the community as we further Pangea's mission.

DAO 🤝 DAO

The following article outlines Pangea's Token Economics in detail. Extensive thought and research has been put into creating a tokenomics model that i) incentivizes participation, ii) rewards holders iii) does not suffer from selling pressure & intense devaluation & iv) creates deflationary buy pressure. Additional effort has been made to ensure that whales and large players are not able to buy an extensive amount of tokens at pre-sale price, to avoid anyone having too large control of the token (& price). The vesting schedules have been made to ensure that there is a long-term incentive model in place for the core team and contributors, that both fairly rewards the team and community while also keeping the token price stable.

To facilitate robust liquidity for trading of the PNGA token on Uniswap following the public sale, we will seed a PNGA/USDC pool using some of the PNGA tokens provisioned for liquidity incentives along with an equal portion of the DAO treasury’s USDC from the public sale. This will reduce the community’s exposure to impermanent loss at outset and establish a deep secondary market for PNGA immediately after the public sale, while allowing more prospective community members to purchase tokens.