{"id":16455,"date":"2024-10-29T18:25:35","date_gmt":"2024-10-29T18:25:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16455"},"modified":"2024-10-29T18:25:35","modified_gmt":"2024-10-29T18:25:35","slug":"paid-network-unveils-revolutionary-community-centric-crowdfunding-with-exclusive-lco-for-blast-royale","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16455","title":{"rendered":"PAID Network Unveils Revolutionary Community-Centric Crowdfunding with Exclusive LCO for Blast Royale"},"content":{"rendered":"

[PRESS RELEASE \u2013 Dubai, UAE, October 29th, 2024]<\/strong><\/p>\n

PAID Network<\/a> ($PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive Low FDV Community Offering (LCO) for Blast Royale<\/strong>, a Tier 1 blockchain game backed by industry giants such as DragonFly Capital<\/a>, Mechanism Capital<\/a>, and Animoca Brands<\/a>. With over 1 million app downloads<\/a>, 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\u2019s platform alongside over a dozen other projects that have committed to this initiative.<\/p>\n

Pioneering a Community-First Investment Model<\/strong><\/h3>\n

In a move set to redefine the blockchain investment landscape, PAID Network is introducing a first-of-its-kind community-centric investment model<\/strong> 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\u2014substantially lower than the last round at $48m FDV \u2014PAID 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\u2019s previous rounds led by Animoca Brands, & Mechanism incl. 2022 FDV of 33.7M and Early 2024 FDV of 48M).<\/p>\n

Kyle Chass\u00e9, Founder of PAID Network, stated:<\/strong><\/p>\n

\u201cCrypto has drifted away from what really matters\u2014empowering 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\u2019re here: creating opportunities for everyone to win and be part of something bigger.\u201d<\/p>\n

Addressing the Low Float High FDV Issue<\/strong><\/h3>\n

According to PAID Network\u2019s data, the traditional \u201clow float, high FDV\u201d 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:<\/p>\n

Imbalanced Token Distribution:<\/strong> Early venture capitalists hold large portions of tokens, leaving retail investors at risk of being sold on by large holders.
\nPrice Volatility:<\/strong> Limited token availability can cause extreme price fluctuations, making the tokens unstable and discouraging market participation.
\nCommunity Disengagement:<\/strong> Retail investors feel disadvantaged, leading to decreased trust, participation, and poor community sentiment.<\/p>\n

PAID Network\u2019s LCO model is designed to solve these issues by:<\/strong><\/p>\n

Offering Lower FDVs:<\/strong> By securing project offerings at significantly reduced valuations, the community gains access to investment opportunities that were previously out of reach.
\nEnsuring Fair Token Distribution:<\/strong> The LCO promotes wider token distribution among community members, fostering a more balanced and stable market.
\nAligning Incentives:<\/strong> 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.<\/p>\n

Users can register here for the sale starting on the 6th\/7th Nov<\/strong>: https:\/\/link.paidnetwork.com\/Register<\/a><\/p>\n

A Major Rebrand Reflecting Community-First Values<\/strong><\/h3>\n

Alongside the LCO for Blast Royale, PAID Network has undergone a transformative rebrand and UX\/UI overhaul. This evolution reflects PAID\u2019s commitment to being a community-first crowdfunding platform<\/strong>, emphasizing a theme of financial freedom and prosperity for all.<\/p>\n

New Site<\/a><\/p>\n

Commenting on the vibrant new identity, Kyle added:<\/strong><\/p>\n

\u201cWe believe crowdfunding should be exciting, rewarding, and inclusive. Our new brand reflects that vision, and we\u2019re eager to have both seasoned crypto enthusiasts and newcomers join us on this journey.\u201d<\/p>\n

Innovative Features Enhancing the Crowdfunding Experience<\/strong><\/h3>\n

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:<\/p>\n

Gamified Crowdfunding:<\/strong> Leaderboards, challenges, and rewards allow retail investors to earn perks by actively participating.
\nAccount Abstraction:<\/strong> Simplifies onboarding for non-crypto natives, removing the complexity of crypto wallet management.
\nCommunity Impact Score:<\/strong> A merit-based ecosystem where holders of PAID\u2019s native token and projects launched earn points to access exclusive rewards & opportunities.
\nReal-Time State of $PAID economy:<\/strong> Users can track the $PAID Flywheel and the upcoming buy-back, burns, and airdrops in real-time.
\nMulti-Chain Single Click Swaps:<\/strong> Seamless cross-chain integration makes trading and investing more accessible than ever.
\nCommunity Fund: <\/strong>PAID\u2019s DAO will be launched to empower the community with key voting and decision-making responsibilities regarding future project investment opportunities.<\/p>\n

[Features to be rolled out Q4 2024]<\/p>\n

About PAID<\/strong><\/p>\n

Founded in 2021, PAID<\/a> 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.<\/p>\n

PAID Socials<\/strong><\/p>\n

X<\/a> | Telegram Community Channel<\/a> | Telegram Announcement Channel<\/a> | Discord<\/a> | Medium<\/a><\/p>\n

The post PAID Network Unveils Revolutionary Community-Centric Crowdfunding with Exclusive LCO for Blast Royale<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 Dubai, UAE, October 29th, 2024] 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 […]<\/p>\n","protected":false},"author":0,"featured_media":16456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16455"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16455"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16456"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}