About Pastel
The next generation NFT focused blockchain. Certifiable authenticity. Permanent storage. Negligible fees. Build, secure, and scale your Web3 ecosystem with Pastel. Pastel Network is a fully decentralized, developer-friendly layer-1 blockchain serving as the preeminent protocol standard for non-fungible tokens (""NFTs"") and Web3 technology. Pastel infrastructure enables existing layer-1 blockchains, decentralized applications, or third-party enterprises to protect creators and collectors. From digital collectibles & media to documents & applications, users and developers are able to certify asset rareness and truly store data forever. Lightweight protocols delivered by interoperable open APIs such as Sense and Cascade can be easily integrated across existing networks. A wide range of Web3 applications can be built directly on the Pastel Network, enabling developers to enjoy the scalable registration features, storage processes, and security of the broader ecosystem. Pastel is managed by world-class developers, cryptographers, and technologists, supported alongside an experienced and extensive network of marketers, influencers, and third-party agencies. Pastel is backed by key stakeholders including Innovating Capital, a prominent venture fund.
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Market Stats
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Additional details
Market details
PSL vs markets
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC775C0C30840Cb9F51e21061B054ebf1A00aCC29 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000040 | NaN% |
1 Day | $0.000040 | 0.00% |
1 Week | $0.000040 | 0.00% |
1 Month | $0.000040 | 0.00% |
1 Year | $0.000102 | 0.00% |
Coinbase insights
Recent trends
The latest PSL price is $0.000040.
FAQ
Pastel is a platform that supports all non-fungible tokens (NFTs). It is a decentralized peer-to-peer forum that securely trades, registers, and gathers NFTs. The platform aims to provide an opportunity for its users to launch applications, incorporate them directly with new protocols, or build and collect on the platform’s native marketplace. In other words, the platform acts as a native decentralized ledger created only for the NFT ecosystem.
Pastel enables the advancement of third-party decentralized applications (dApps) to be placed on top of its network, allowing developers to benefit from the scalable registration features, security of the ecosystem, and storage processes. Pastel seeks to provide creators a platform on which restricted edition NFTs can be traded and registered on the blockchain and where creators can build loyal fans and receive royalties on future trades.
The platform provides average costs on transactions and reasonable gas fees. Pastel has a distributed storage system that maintains NFT data. Moreover, the platform has been designed to be intuitive and navigable with very little effort. Pastel is considered a completely green platform with an intention to contribute to carbon offsetting. Pastel also leverages the unconventional consensus mechanism, cybersecurity standards, and cryptography techniques.
PSL is the digital, native cryptographically secured utility token of the platform. The PSL token functions on a purpose-built blockchain and forms the basis for accessibility. The PSL token empowers a borderless, permissionless economy for NFTs. The token has been designed to enable NFT transactions such as trading or minting and power validation, staking, and governance.
Users can use PSL tokens to generate Pastel IDs, submit tickets, mint NFTs, and perform open API requests. Moreover, users can initiate and vote on different proposals using PSL tokens.
Pastel is developed by an entrepreneurial group of blockchain developers, cryptographers, marketers, fund managers, and digital artists that have been working on the Pastel platform for over two years. Jeffrey Emanuel is the founder of Pastel Network. He has a bachelor’s degree in mathematics from Reed College. Alexey Kireyev and Anthony Georgiades are the cofounders of the platform. The total supply of PSL tokens is 21 billion.
We update our Pastel to USD currency in real-time. Get the live price of Pastel on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4697
Contributors
7
Posts
11
% About Pastel
0.001%
Hold times
0 days
X (Twitter)
60% bullish
Sentiment
5.0 ★
Highlights
7 unique individuals are talking about Pastel and it is ranked #4,697 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Pastel has an average sentiment score of 100 out of 5. Finally, Pastel is becoming less newsworthy, with 0 news articles published about Pastel.
On Twitter, people are mostly bullish about Pastel. There were 60% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Pastel. 40% of tweets were neutral about Pastel. These sentiments are based on 10 tweets.
On Reddit, Pastel was mentioned in 1 Reddit posts and there were 2 comments about Pastel. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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