πManifesto
We aim to become the de facto protocol for decentralised fundraising, enabling participation equality for both retail investors and projects. In simpler terms, our goal is to be the Kickstarter of the blockchain industry where we will not only support large raises for top-tier protocols but also allow for a wider audience to get access and participate in fundraising activities. In Sept. 2022, the team begun its journey towards this goal with the first iteration being Ignition v2. Over the coming months and years, we will continue down this path to ensure our tech stack matches with our ideologies and the market needs. Amidst these technological and ideological shifts, $PAID will be able to:
Engage a Larger Audience - All market speculators including the projectβs own community can now participate in $PAID launches without any entry barriers, allowing for a more fair playing field while opening up access to a wider audience. We built something that can service the native communities of projects we launch and not just our own, while all that value creation, even from other communities, trickles back down to our community.
Support Larger Raises - With no barriers to entry and ability to engage larger audiences, $PAIDβs business development ventures will be supported in obtaining larger, top-tier launches.
Create an Open Approach Towards Access- Participants are not required to hold or stake any tokens, but doing so grants them prioritised access to fund raises. Participation requires KYC for allocations above $1000, while the participation fees charged get channeled back into the ecosystem.
Democratise Crowdfunding- Unique project entry gateways geared towards permissionless crowdfunding campaigns where the community can vote on projects to include.
Build an Integrated Sustainable Platform- This will form part of a wider ecosystem with a circular token economy, and dynamic burn and staking reward mechanisms.
We believe market participants should have equitable participation and should only pay for what they are investing in. The current launchpad / fundraising space is broken and we aim to change that for the benefit of all.
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