Polimec, a decentralized Web 3.0 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway.
This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web 3.0 fundraising.
What’s new
Through Banxa’s integration, Polimec users can instantly convert fiat currencies, such as USD and EUR, into tokens like USDT, USDC and DOT, which can be used to invest in blockchain fundraises.
This development is a major step in bridging the gap between traditional finance and DeFi (decentralized finance) providing seamless access to Web 3.0 investment opportunities.
Why this matters
Polimec is designed to facilitate secure, compliant and transparent capital raises in the dynamic Web 3.0 space.
The growing demand for compliant and transparent fundraising mechanisms makes this integration particularly timely and important.
By incorporating Banxa’s fiat-to-crypto gateway, Polimec significantly lowers the barriers to entry for Web 3.0 fundraising.
The integration enables both crypto veterans and newcomers to participate in blockchain fundraises using familiar fiat currencies, such as USD and EUR, removing the need for complex conversions.
Flavio Bianchi, foundation council at Polimec, said,
“This partnership with Banxa enhances Polimec’s mission to streamline Web 3.0 fundraising.
“By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding process more inclusive, allowing for broader participation and creating new opportunities for all types of investors.”
How it works
Participating in Polimec fundraises is straightforward.
- Step one Select Banxa as the preferred payment method.
- Step two Pay with a fiat currency, such as USD or EUR, using a credit card.
- Step three Instantly receive participation tokens in the investor’s crypto wallet.
This simplified process allows users to engage in blockchain projects without the need to navigate complicated crypto conversions, making the experience more accessible and user-friendly.
What’s next
This collaboration marks another milestone in Polimec’s ongoing effort to improve user experience and accessibility.
Polimec is actively working on additional features to further streamline the investment process and…
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