Deeper Network IDO: Postponed
We are very excited to bring Deeper Network onto our Ignition platform for launch, and are pleased to share this opportunity with our community. However, due to unforeseen delays with token generation, the Deeper Network token is not yet prepared for distribution. In light of this new information, PAID Ignition has made the decision to postpone the Deeper Network public sale, in the best interest of our community.
Why the delay?
As a decentralized launchpad, we aim to eliminate any centralization of the custody of the token or community funds, which is a primary target of our decentralized launch platform. In order to offer a seamless purchase experience for our community, we feel it is in everyone’s best interest to delay this launch until the Deeper Network token is ready for distribution.
So, when will they launch on Ignition?
Deeper Network’s Ignition launch will be delayed until further notice. No firm date for Deeper Network token generation has been announced at this time. Follow @Deeper_Network on Twitter or t.me/DeeperNetwork on Telegram for updates.
Who will be eligible to participate?
The Deeper Network whitelist is closed and all lottery winners have been chosen. Those winners who have received their golden ticket will still be eligible to participate in the Deeper Network public sale on the future public sale date, regardless of their PAID token wallet balances at the time of the rescheduled IDO. A snapshot of PAID token wallet balances will be taken coinciding with the release of this announcement. This snapshot will be used to determine the eligibility for participation in the rescheduled Deeper Network IDO.
Those who have already whitelisted for this IDO and have successfully verified their eligibility for the Strong Hands bonus will receive their guaranteed $100 allocation for Deeper Network, at the time of the rescheduled IDO.
The Strong Hands Bonus does not apply to any other IDO launch on Ignition at this time.
Am I still eligible for the Dao Maker pool?
Those who have successfully verified their eligibility for the Dao Maker Pool are still eligible to participate for the rescheduled Deeper Network IDO on Ignition.
For further inquiries about the Deeper Network token generation date, please follow the announcement channels of Deeper Network.
Deeper Network represents the world’s first decentralized blockchain network for building a truly private, secure and fair Internet. Deeper Network Inc. was founded in 2018 with the vision of leveraging blockchain technology to empower the real users of the internet. Deeper Network is building both the Web 3.0 infrastructure of the future and an accessible gateway for everyone to join the revolution.
IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.
Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage token retention, supporting both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.
Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.
PAID Network seeks to redefine the current business contract, litigation, and settlement processes by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID wherever they are in the world.
PAID technology leverages Plasm to operate on both Ethereum and Polkadot ecosystems. PAID makes businesses exponentially more efficient by building SMART Agreements through smart contracts in order to execute DeFi transactions and business agreements seamlessly.
PAID streamlines backend legal operations with SMART Agreements, so that projects can focus on making their brand bigger and better.
For any questions for the PAID network, please feel free to reach out to us on