This content originally appeared on HackerNoon and was authored by Chainwire
DUBAI, UAE, October 29th, 2024/Chainwire/--PAID Network ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital, and Animoca Brands.
\ With over 1 million app downloads, 30,000+ daily active users, and a vibrant community exceeding 220,000 members, Blast Royale aims to make a significant impact in early November through PAID's platform alongside over a dozen other projects that have committed to this initiative.
Pioneering a Community-First Investment Model
In a move set to redefine the blockchain investment landscape, PAID Network is introducing a first-of-its-kind community-centric investment model that, according to PAID, directly addresses the longstanding issues of low float and high Fully Diluted Valuations (FDVs).
\ By offering Blast Royale at a low $10 million FDV—substantially lower than the last round at $48m FDV —PAID is putting the community at the forefront, ensuring early investors have the potential for wealth generation at a large discount compared to other rounds. (Blast Royale’s previous rounds led by Animoca Brands, & Mechanism incl. 2022 FDV of 33.7M and Early 2024 FDV of 48M).
\
Kyle Chassé, Founder of PAID Network, stated:
\ "Crypto has drifted away from what really matters—empowering the community. The Low FDV Community Offering (LCO) flips the script, giving real people a shot at serious upside without the insane valuations or pump-and-dump hype. This is about getting back to the core of why we're here: creating opportunities for everyone to win and be part of something bigger."
\ Addressing the Low Float High FDV Issue
According to PAID Network’s data, the traditional "low float, high FDV" model has been a persistent problem in the Web3 space. Projects often launch with a small circulating supply (low float) and an inflated FDV, leading to:
\ Imbalanced Token Distribution: Early venture capitalists hold large portions of tokens, leaving retail investors at risk of being sold on by large holders.
\ Price Volatility: Limited token availability can cause extreme price fluctuations, making the tokens unstable and discouraging market participation.
\ Community Disengagement: Retail investors feel disadvantaged, leading to decreased trust, participation, and poor community sentiment.
\ PAID Network's LCO model is designed to solve these issues by:
\ Offering Lower FDVs: By securing project offerings at significantly reduced valuations, the community gains access to investment opportunities that were previously out of reach.
\ Ensuring Fair Token Distribution: The LCO promotes wider token distribution among community members, fostering a more balanced and stable market.
\ Aligning Incentives: Projects benefit from an engaged community committed to long-term success rather than short-term speculative gains with the goal of bringing back strong community associations.Users can register here for the sale starting on the 6th/7th Nov:
\ https://link.paidnetwork.com/Register
A Major Rebrand Reflecting Community-First Values
Alongside the LCO for Blast Royale, PAID Network has undergone a transformative rebrand and UX/UI overhaul. This evolution reflects PAID's commitment to being a community-first crowdfunding platform, emphasizing a theme of financial freedom and prosperity for all.
New Site
Commenting on the vibrant new identity, Kyle added:
\ "We believe crowdfunding should be exciting, rewarding, and inclusive. Our new brand reflects that vision, and we're eager to have both seasoned crypto enthusiasts and newcomers join us on this journey."
\
Innovative Features Enhancing the Crowdfunding Experience
By pioneering a community-centric investment model, PAID is working to redefine the crowdfunding landscape through its several groundbreaking features in their upcoming updates, including:
\ Gamified Crowdfunding: Leaderboards, challenges, and rewards allow retail investors to earn perks by actively participating.
\ Account Abstraction: Simplifies onboarding for non-crypto natives, removing the complexity of crypto wallet management.
\ Community Impact Score: A merit-based ecosystem where holders of PAID's native token and projects launched earn points to access exclusive rewards & opportunities.
\ Real-Time State of $PAID economy: Users can track the $PAID Flywheel and the upcoming buy-back, burns, and airdrops in real-time.
\ Multi-Chain Single Click Swaps: Seamless cross-chain integration makes trading and investing more accessible than ever.
Community Fund: PAID’s DAO will be launched to empower the community with key voting and decision-making responsibilities regarding future project investment opportunities.
[Features to be rolled out Q4 2024]
About PAID
Founded in 2021, PAID is a decentralized crowdfunding platform that connects innovative projects with investors. By ensuring a secure, transparent, and community-first crowdfunding experience, PAID has become the leading global investing platform for Web3 projects.
\ To date, PAID has facilitated over $35 million in capital across 110 investments and is integrated with over ten blockchain networks.
\ With a thriving community of over 250,000 members, users can stake the $PAID token to unlock various benefits, including rewards, buyback & burn mechanisms, and governance participation. The $PAID community fund invests in exclusive early-stage deals, distributing returns to loyal users.
PAID Socials
X | Telegram Community Channel | Telegram Announcement Channel | Discord | Medium
Contact
Justin Chevalier
Justin@paidnetwork.com
:::tip This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here
:::
\
This content originally appeared on HackerNoon and was authored by Chainwire
Chainwire | Sciencx (2024-10-29T21:07:06+00:00) PAID Network Unveils Revolutionary Community-Centric Crowdfunding: Exclusive LCO For Blast Royale. Retrieved from https://www.scien.cx/2024/10/29/paid-network-unveils-revolutionary-community-centric-crowdfunding-exclusive-lco-for-blast-royale/
Please log in to upload a file.
There are no updates yet.
Click the Upload button above to add an update.