PSL

Pastel is an advanced, decentralized system specifically designed for NFTs (Non-Fungible Tokens) that provides secure and scalable infrastructure for the creation, validation, and trading of digital art. It leverages a unique network of distributed nodes to ensure the rarity and authenticity of NFTs through sophisticated registration and near-duplicate detection protocols.

The native token of Pastel, PSL, is used within the ecosystem for various functions including paying for transaction fees, registering new NFTs, and participating in network governance. Token holders can influence decisions regarding the platform‘s development and earn rewards by supporting the network’s security and efficiency.

By focusing on addressing common challenges in the NFT market such as fraud, high costs, and scalability issues, Pastel aims to provide a robust and user-friendly platform. This makes it an ideal solution for artists and collectors looking to engage with digital art in a secure and innovative environment.