PAID Network Unveils Revolutionary Community-Centric Crowdfunding with Exclusive LCO for Blast Royale

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As a seasoned researcher with extensive experience in the blockchain and cryptocurrency landscape, I can confidently say that the announcement by PAID Network is nothing short of revolutionary. The Low FDV Community Offering (LCO) for Blast Royale is a game-changer, addressing longstanding issues in the industry while prioritizing the community – something we all know has been sorely missing in this space.

Dubai, UAE, October 29th, 2024, Chainwire

PAID Network, a well-known decentralized token crowdfunding platform, is excited to unveil a special Low FDV Community Offering (LCO) for the blockchain game Blast Royale, which boasts support from prominent industry players like DragonFly Capital, Mechanism Capital, and Animoca Brands. With more than 1 million app downloads, 30,000+ daily active users, and a bustling community numbering over 220,000 members, Blast Royale intends to create a substantial impression in early November on PAID’s platform, joining around a dozen other projects that have pledged their participation in this initiative.

Pioneering a Community-First Investment Model

As a dedicated crypto investor, I’m thrilled about the innovative approach PAID Network is taking to reshape the blockchain investment scene. They’re introducing a groundbreaking community-focused investment model, designed to tackle persistent issues like low float and excessively high Fully Diluted Valuations (FDVs).

Kyle Chassé, Founder of PAID Network, stated:

Cryptocurrencies have strayed from their primary purpose – strengthening the community. The Low FDV Community Offering (LCO) changes the narrative, offering everyday people a chance at substantial returns without the inflated valuations or speculative hype typically associated with crypto. Instead, it’s about returning to our roots: providing chances for everyone to succeed and be part of something more significant.

Addressing the Low Float High FDV Issue

Based on information from PAID Network, it appears that the conventional “low circulation supply, high fully diluted valuation” model has been consistently troublesome within the Web3 environment. This is because many projects start with a limited circulating supply (referred to as low float) and an overvalued Fully Diluted Valuation (FDV), which can result in:

  • 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.

Visitors are welcome to sign up here for the upcoming sale commencing on either the 6th or 7th of November: [Registration Link](https://link.paidnetwork.com/Register)

A Major Rebrand Reflecting Community-First Values

In addition to the LCO for Blast Royale, PAID Network has experienced a significant transformation, both in its brand identity and user interface/user experience design. This change symbolizes PAID’s dedication to being a platform that prioritizes the community, focusing on crowdfunding initiatives. The theme of this evolution underscores financial independence and prosperity for everyone involved.

New Site

Commenting on the vibrant new identity, Kyle added:

Our perspective is that crowdfunding should be fun, beneficial, and welcoming. Reflecting this vision, our fresh brand invites both veteran cryptocurrency users and beginners to embark on this adventure with us.

Innovative Features Enhancing the Crowdfunding Experience

Through an innovative approach focused on communities, PAID is striving to reshape the crowdfunding sector by introducing several revolutionary elements in their forthcoming upgrades. These include:

  • 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

As a researcher, I’m excited to be part of the journey with PAID, a revolutionary decentralized crowdfunding platform established in 2021. This innovative platform bridges the gap between groundbreaking projects and investors, providing a secure, transparent, and community-focused crowdfunding experience that has catapulted it to the forefront of the global Web3 investing landscape.

PAID Socials

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Contact

Justin Chevalier
Justin@paidnetwork.com

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2024-10-29 17:58