Prismo Introduces $PRSM Gas Token to Elevate Blockchain Transparency
Prismo, a rising force in blockchain accountability, has unveiled its native gas token, $PRSM. Designed to enhance transparency and participation, $PRSM employs advanced mechanisms like quadratic funding and an augmented bonding curve to maintain stability and ensure fair access.
The token serves as the backbone of Prismo’s suite of blockchain applications, catering to enterprise and government use cases such as tokenized records, secure data sharing, and streamlined on-chain operations.
By prioritizing security and openness, Prismo’s initiative provides organizations with the tools to navigate blockchain technology with confidence. The platform’s innovative approach emphasizes practical solutions for efficient data exchange and record management, making it particularly appealing for large-scale institutional adoption.
Recognized in Polygon’s Quadratic Accelerator Program
Prismo’s development gained significant traction after being selected in October 2024 for the inaugural Quadratic Accelerator, an initiative hosted on the Polygon blockchain. The program, which aims to foster equitable and community-centered blockchain projects, accepted only eight participants, highlighting Prismo’s potential in the Web3 ecosystem.
Through the accelerator, Prismo gained access to the q/acc protocol, a system that blends Quadratic Funding with Augmented Bonding Curves. This mechanism dynamically adjusts token pricing to balance supply and demand, minimizing speculative price swings while keeping participation affordable. This transparent model is designed to promote sustainable and inclusive growth, setting $PRSM apart from traditional blockchain tokens.
A core feature of $PRSM is its governance through the Augmented Bonding Curve, ensuring fair distribution and discouraging speculative behavior. This strategic approach reinforces Prismo’s mission to deliver a stable and accessible token for the blockchain community.
Open Participation in the $PRSM Token Launch
The $PRSM token launch, which began on December 6, 2024, will remain open until December 20, 2024, at 8:00 PM (PH time). Interested participants are invited to join the event by following a detailed onboarding process:
- Prepare a MetaMask wallet with sufficient $ETH to cover gas fees.
- Visit the platform at q-acc.giveth.io.
- Connect your MetaMask wallet to the site.
- Complete eligibility verification via the Gitcoin Passport system. Low Unique Humanity scores can be improved by adding verification stamps, such as government-issued ID links, social or professional account connections (e.g., GitHub, LinkedIn), or biometric methods like facial scans.
- After verification, choose the “Polygon zkEVM” option on the homepage.
- Bridge $ETH and $POL tokens to Polygon zkEVM using the integrated “LI.FI” feature.
- Import the POL token contract address into MetaMask to finalize the bridging process.
- Use $POL tokens to mint $PRSM directly on the platform.
Prismo’s straightforward instructions aim to make the process accessible for blockchain enthusiasts, reinforcing its commitment to inclusivity and transparency.
Building a Future of Trust and Innovation
Despite operating independently of major institutional funding, Prismo remains focused on delivering practical blockchain tools for enterprise and government clients. The team is actively developing a Layer 2 accountability infrastructure while securing strategic partnerships to expand its reach.
According to Prismo’s leadership, the project’s dedication to transparency and responsibility underscores its broader vision of transforming blockchain into a dependable solution for organizational challenges.
The $PRSM launch represents a significant milestone in Prismo’s journey to create a resilient blockchain ecosystem. By integrating innovative funding models with inclusive participation, the project aspires to set a new standard for enterprise-grade blockchain solutions. As Prismo continues to evolve, it invites early adopters to join its mission of fostering a more transparent and accountable digital landscape.