What is PAID Network?
PAID Network (PAID) is a decentralised launchpad and crowdfunding platform designed to help Web3 startups raise capital through fair, community-driven token sales. Operating across multiple blockchains, PAID powers Ignition, a platform where users stake PAID tokens to access early-stage project launches. With a total focus on retail participation, PAID enables governance voting, staking rewards, and revenue redistribution — all anchored by the PAID token.
How does PAID Network work?
PAID Network is a multi-chain ecosystem using the PAID token for governance, access, and incentives:
- Blockchain integration: Deployed as an ERC-20, BEP-20, and SPL token across Ethereum, BSC, Polygon, and other chains.
- Consensus: Governance is handled via PAID-weighted DAO voting, while transaction security comes from each chain’s Proof of Stake system.
- Staking and tiers:
- Stake 75,000 PAID for EarlyPool (priority allocations).
- Stake 7,500 PAID for OpenPool (standard access).
- 2% fee on stake/unstake funds the reward pool.
Revenue from launchpad activity is split across:
- 50% token burns
- 25% staking rewards
- 20% to liquidity
- 5% for ecosystem growth
All activity is managed by smart contracts within Ignition, which handles token sales, staking logic, and buyback automation.
What are the potential use cases for PAID Network?
PAID Network supports a wide range of real-world Web3 launch activities:
- Token launches: Participate in early-stage sales for DeFi, gaming, AI, and utility projects.
- Governance: Vote on project listings, launch criteria, and allocation of community funds.
- Staking rewards: Earn yield from protocol revenue, including buybacks and redistributed fees.
Industries served include:
- Web3 and crypto crowdfunding
- Tokenised equity and utility sales
- Retail-focused venture participation
Notable partnerships:
- Collaborations with Master Ventures (FUEL incubator).
- Successful launches like Thetan Arena, Star Atlas, and AIOZ Network.
What is the history of PAID Network?
PAID Network was initially launched between 2019–2021 as a smart contract framework but later pivoted to become a full-featured Web3 launchpad.
Key milestones:
- Over $35 million raised for more than 110+ projects.
- Introduction of the PBO/LCO models for transparent and low-FDV launches.
- A community of over 250,000 participants with $6.7 million in TVL staked.
- Maintains a micro-cap market presence (~$4M) with continued traction from real token launch successes.
The platform has expanded across 10+ blockchains, maintained a 25x average ROI on hosted projects, and continues to focus on equitable, decentralised fundraising in the Web3 space.