We are an open source and decentralized social networking platform where users are rewarded with Panda tokens for contributions to the community. Our goal is to build a new model for content creators to take back their Internet freedom, revenue and social reach.

Centralized social networks have become outdated. Rather than rewarding those who are contributing the content that drives traffic and attention to the networks, they exploit them to increase their own advertising revenue and bottom line growth. Panda operates under a new business model that fairly rewards users for their contributions to the network with revenue and expanded reach. Additionally, Panda provides content creators with the tools they need to successfully monetize their content independently with their peers. 

These tools include crowdfunding, paid subscriptions, ad revenue-sharing, tipping, peer-to-peer advertising and a proven contribution-driven reward system. The implementation of crypto-tokens with the reward system allows users and developers to translate their time and energy into tokens that hold ​real, lasting​ value on the Panda platform. 

By coupling peer-to-peer monetization tools with a properly structured, incentive-based reward system, Panda has built a sustainable digital economy that effectively rewards the users who contribute the most to the network.

There is a crisis occurring in the social networking world. ​Surveillance, algorithm manipulation and censorship​ are infecting the web at unprecedented levels. For the first time in history, millions of users are abandoning traditional, centralized social apps in favor of freedom-based alternatives. Alongside this mass migration, blockchain technology and other decentralized solutions are rapidly entering the mainstream. 

The fusion of crypto and social applications is both inevitable and essential to the continued healthy evolution of social media and the Internet itself. The purpose of this paper is to provide an overview of Panda, a leader in this mass Internet migration and free software movement, and to introduce the BNB token, an BEP-20 utility token that will be issued on the Binance blockchain. In the Panda contribution economy, users and developers will be rewarded for a variety of contributions to the network including generating high quality content, account setup and verification, referring new users, maintaining an active channel, finding bugs, successfully submitting code and more. 

Tokenized rewards provide the key incentive to help foster a richer and more rewarding user experience, and the growth and long-term sustainability of the network. tokens will be immediately usable upon receipt on day one. They will be required for use of the application through immediate integration into Boost, a transparent and blockchain-based ad network, and Wire, the Panda peer-to-peer payment system. 

Both Boost and Wire will leverage smart contracts to enable the autonomous exchange of digital media and services for crypto-tokens, creating a radical shift in how social networking ecosystems and marketplaces operate in the 21st century.