- Pmail Network was launched on January 20th.
- Users will be able to take back ownership of their data and private keys.
With Bitcoin and Ethereum continuing their steep declines over the weekend, the markets remain gloomy and discouraging. A new Web3 currency, Pmail, has grown more than 1800 percent in the last 24 hours.
Pmail Network was launched on January 20th and claimed to be the first NFT mail application built on Web3.0. A primary gateway to the blockchain world is the goal of Pmail Network, which uses Dfinity’s technology.
With Pmail, users will take back ownership of their data and private keys. In addition, Pmail’s community governance structure allows users to influence the direction of the service. For the sake of both data integrity and security, Pmail strives to provide users with a reliable, always-on mail system.
Unique Email Address to Identify Each User
A lengthy string is used by Pmail’s mail services to uniquely identify each user’s account representing the on-chain address of a particular user. Using long addresses like that isn’t practical in email, but Pmail has an Alias system that lets users change their on-chain address and keep it private.
However, Pmail has a demo that consumers could check out and set up a test email account on the platform. The Web3 mail service offered by Pmail is an innovative concept with strong market traction. Traditional mail services aren’t exactly popular with crypto users since they gather and keep user data.
PML has a current market cap of $45 million and a 24-hour trading volume of $621K. Currently, users only on PancakeSwap may buy and sell PML; therefore, all of the volumes are coming from that DEX.