Hello pNetwork Fam! Last month we saw the very first Ecosystem Report, which we released for our community. There were lots of positive comments saying that it was a great initiative, and as such, we would like to share our second Ecosystem Report! Woohoo 🎉 May has been a really exciting month for us. There was so much integration that happened, teams gathering in London for product and tech planning, as well as the migration of pBTC. Here is the recap of what was accomplished.

📣 pNetwork Officially Launched Cross-Chain Bridges for Fantom On May 4th, 2022, pNetwork released an Ecosystem Report that mentioned an in-progress integration with the Fantom Network. Fast-forward today, the integration is finally up and running! 🍾 Fantom is a secure and scalable smart-contract platform aimed at the development of decentralized finance (DeFi) applications. It’s designed to overcome the limitations in transaction speeds affecting older blockchain platforms running smart contracts.

📣 pNetwork Officially Launched Cross-Chain Bridges for Algorand In 2021, pNetwork and Algorand announced a partnership to bring cross-chain capabilities to the Algorand Network and its ecosystem. Fast forward today, pNetwork has launched its cross-chain protocol to Algorand🎉. Being one of the most promising networks, various projects are building their dApps around Algorand. As such, the cross-chain capability that the pNetwork protocol provides will enable users from other networks like Ethereum, Binance Smart Chain, Polygon, and more to interact with dApps in the Algorand Ecosystem.

What is pBTC-on-Ethereum? pBTC-on-Ethereum is an ERC-20 token representation of bitcoin. pBTC was the first example of pTokens, making Bitcoin compatible with the Ethereum network. It is pegged 1:1 with real BTC, so its value is intrinsically linked to Bitcoin’s. This provides instant and frictionless access to Ethereum’s DeFi world for every bitcoin holder, inviting Bitcoin users to explore the hundreds of Ethereum dApps, platforms, and tools available today.

pNetwork is excited to announce the launch of a new pTokens bridge for NUCO, enabling the asset to move across the Ethereum and Telos blockchains. Nuco.cloud is a decentralized computing cloud for people who want to benefit from pure, responsible, and sustainable cloud computing power. 🎉 Through the pNetwork-powered bridge…

Hello pNetwork Fam! Welcome to the first pNetwork Ecosystem Report. The Ecosystem Report is a new initiative by pNetwork to do a monthly summary of the progress for the month, which will help the community to get a better understanding of what the project is doing. Since this is the…

A solid community is one of the best assets of any blockchain project. Engaged communities are indeed at the basis of the growing DAOs movement, which sees familiar hierarchical structures give way to community collaboration. …

According to DeFiprime, 220 of 242 DeFi projects are developed on the Ethereum blockchain to execute trading, payments, lending, and borrowing, among others. That translates into 92% of DeFi projects being built on Ethereum. …

While a nascent wave of skepticism towards ownership and functionality of NFTs has sprouted, they are proving to solve these issues by their own nature: NFTs provide certified ownership and create scarcity, and the acknowledgment of these aspects will usher in a new era of digital art. …