What Is PathFund (PATH)?

PathFund is a project focused on delivering cryptocurrency-based solutions in the decentralized blockchain world. The project aims to build a friendly ecosystem with an attractive surface and make it available to investors. This intends to make the interaction between individuals and the crypto world easier.

According to its whitepaper, cryptocurrency adoption is increasing daily, giving birth to the need to take precautionary measures. Many people enter the domain without having enough knowledge about cryptocurrency. The scams related to cryptocurrency met an all-time high in 2021. Money laundering and initial coin offering (ICO) scams were high. Such scams could never be eliminated but can be mitigated so that they don’t make much difference to the core market. Therefore, PathFund came into the picture to undermine such scams in the crypto industry.

The project focuses on developing their main products, which are PathLaunch, PathExchange, and PathWallet. PathFund’s mission is to lower the ICO scams by creating a pre-audited and self-sustaining token launchpad. The launchpad also intends to sponsor the projects. Thus, the product guarantees investors’ safety and steady growth of the projects launched from PathLaunch. The projects that need to get launched must stake an amount of PathFund native cryptocurrency. PathExchange is the native decentralized exchange platform of PathFund’s ecosystem. PathWallet is a crypto wallet product where users can store their private keys and keep their crypto investments safe.

PATH is the native cryptocurrency of the PathFund ecosystem. The project works on Binance Smart Chain. The project uses smart contracts to reward the holders of PATH tokens and provide exclusive access to the pre-sale of the newly launched projects via PathLaunch. The token is also burnt to increase its value. Burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase the market value.

History of PathFund (PATH)

The project was launched on May 16, 2021. According to the website, the core team behind the project includes Alexandr U Ion (CEO and CTO) and Alina Stoian (CEO and CFO). The total supply of PATH tokens is 1,000,000,000,000,000 coins.