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

October 29, 2024 – Dubai, United Arab Emirates

PAID Network (PAID), a leading decentralized token crowdfunding platform, is thrilled to announce the launch of an exclusive FDV (fully diluted valuation) LCO (low community offering) for ‘Blast Royale,’ a tier-one blockchain game backed by industry giants such as DragonFly Capital, Mechanism Capital and Animoca Brands.

With over one million app downloads, more than 30,000 daily active users and a vibrant community exceeding 220,000 members, Blast Royale aims to make a significant impact in early November 2024 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 FDVs.

By offering Blast Royale at a low $10 million FDV – substantially lower than the last round at $48 million FDC – 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 and Mechanism Capital, included 2022 FDV of $33.7 million and early 2024 FDV of $48 million.

Kyle Chassé, founder of PAID Network, said,

“Crypto has drifted away from what really matters – empowering the community. The [FDV 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 Web 3.0 space.

Projects often launch with a small circulating supply (low float) and an inflated FDV, leading to the following.

• 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,…