Pinknode (PNODE) Review
An independent analysis on Pinknode
A novel structure redefining fund management in blockchain
Pinknode seeks to build a novel infrastructure layer to projects building on the Polkadot ecosystem. By providing node-as-a-service solutions, projects or dApps will have access to high quality, secure and reliable network data that maximizes the projects’ uptime and data integrity.
The emergence of Web 3.0 has taken the internet by storm, as users prime the importance of controlling their data and personal privacy grows. However, the migration from Web 2.0 to Web 3.0 poses many challenges, creating gaps within the blockchain infrastructure, and increasing the barrier of entries. The lack of third-party middleware thus creates the opportunity for Pinknode in this space.ain
Pinknode aims to reduce the layer of inefficiencies and complexities by providing API endpoints to the Polkadot Relay Chain, as well as parachains deployed by projects to enable seamless communication across a network of multiple parachains. This significantly reduces the workload of new projects, enabling faster integration, jumpstarting projects straight into the ecosystem. The team has also launched their MVP and is almost complete with a sneak peek of the screenshot below.
Theres still alot more to this report…