Devnet Open to all Builders. Let the Smart Money Era Begin
Concordium Devnet is calling all the builders to join the PayFi movement.
After a few months of testing and working in close collaboration with selected ecosystem builders, stablecoin issuers and dev houses, we’re now making the Devnet sandbox environment open to all the builders around the world. With this release, the developer community can start testing, building and exploring auditable and scalable Protocol-Level Tokens (PLTs ).
Protocol-Level Tokens Unleashed
In April this year, Devnet began as a private sandbox environment where 30 selected participants — including stablecoin issuers like Agant and Aryze — collaborated closely with the Concordium team. These early testers created and tested Protocol-Level Tokens (PLTs) and actively shaped the development of key PayFi features, such as programmable payments, on-chain compliance tooling, and identity-integrated transactions. Over 50 PLTs were launched and tested, and the feedback played a crucial role in preparing Devnet for wider adoption ahead of its rollout to testnet and, ultimately, mainnet.
Concordium’s Devnet is now accessible to all builders, allowing them to create and test PLTs, a native token standard built for stablecoins and payment tokens issued directly on the blockchain than as smart contracts for maximum security, compliance-readiness, and scalability. Developers can experiment with on-chain KYC-integrated payments, enabling seamless, identity-verified transactions. With real-world API integrations, builders can embed stablecoin payments into e-commerce platforms and apps, while testing innovative features like geofenced and age-verified payments for full regulatory alignment.
With this release, all developers communities and finance innovators can get hands-on with Protocol-Level Token (PLT) tools, sample code, and unique PayFi capabilities, which allows a first look at the building blocks for compliant-ready digital payments and programmable finance ahead of the upcoming Testnet and Mainnet PLT releases.
Hands On with PLTs: The Concordium Allow List dApp
As part of the Devnet launch, developers can now explore powerful reference applications that demonstrate how Concordium’s protocol-native identity and compliance features work in practice. One standout example is the Concordium Allow List dApp, which is a complete PLT distribution system that combines identity verification and atomic transactions into a seamless user experience.
This dApp showcases how PLTs can be distributed with regulatory controls in place specifically, by verifying EU nationality using Concordium’s zero-knowledge proof (ZKP) capabilities. By combining ZKP-based identity proofs with smart money mechanics, the Allow List dApp offers a real-world template for compliant stablecoin airdrops, whitelist distributions, and other regulated financial flows. This is an open-source example that demonstrates how to build compliance-oriented PayFi applications using Concordium’s PLT architecture.
From Sandbox to Smart Money
Devnet cements Concordium’s commitment to be the go-to Layer-1 for enabling Smart Money where verification, compliance, and programmability work hand-in-hand. Each phase of the roadmap focuses on laying the groundwork for a fully decentralized, compliant-ready, and programmable financial ecosystem, one that empowers builders to create real-world applications with the trust, scalability, and the rails needed for mainstream adoption.
Join the Developer Community on Discord.