PNT is the utility token at the center of the Eidoo ecosystem. Its purpose is to simplify access and interaction with different blockchains. PNT was formerly EDO token. An upgrade of the EDO token into PNT took place on June 18th, 2020. In preparation for the token upgrade, and to mark the start of a new phase for the token economy, an additional token burn of 28,350,000 EDO was manually executed by the Eidoo team on June 11th, 2020.