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