Introducing PAID Model Updates: A Comprehensive Guide
Crypto crowdfunding needed a real upgrade. Users demanded clearer incentives, fairer access, and genuine rewards for commitment.
After carefully examining community feedback and market needs, we’ve completely redesigned the PAID crowdfunding model to deliver exactly that.
Here’s everything that’s changing and why it matters:
Why We Redesigned the Model
The previous system had significant challenges:
- Users saw little value in staking as it lacked rewards.
- The tier structure wasn’t transparent, confusing potential participants.
- Raise events dragged on without clear time constraints, reducing engagement.
- Early adopters and loyal community members were often sidelined.
- Previously, guaranteed access required staking 75,000 $PAID. Otherwise, you competed in open pools with limited availability.
These problems needed fixing.
The New PAID Tier Structure
We expanded from a single vague tier to a clear, six-tier staking structure. Each tier offers explicit benefits, directly scaling with your $PAID stake:
The more you stake, the lower your Protocol Fee, the better your access, and the higher your potential allocation.
New Pool System & Raise Flow
We’ve introduced a structured, five-stage raise flow:
- Pre-Registration: Users confirm their participation ahead of the raise.
- Flash Raise: Instant guaranteed access for Diamond, Platinum, and Gold tiers.
- EarlyPool: Guaranteed allocations, scaled by staking tier.
- PriorityPool: Tiered first-come-first-served allocations.
- OpenPool: Final participation round, open to all KYC-approved users.
Allocation Multipliers per Tier
- Diamond: EarlyPool (6x multiplier)
- Platinum: EarlyPool (3x multiplier)
- Gold: EarlyPool (1x multiplier)
- Silver: EarlyPool (0.5x multiplier)
- Bronze: PriorityPool access (no multiplier)
- Normal: OpenPool access only (no multiplier)
That’s a lot of numbers, but here’s the short version: staking more drops your fee and boosts your allocation. Diamond holders get the biggest slice; Normal tier still get fair access with no stake required.
Introducing 24-Hour User Protection
To ensure user confidence, we’ve implemented a critical safeguard:
If a token drops below its raise price within 24 hours of launch, and you’ve neither claimed nor moved your tokens, you may be eligible to recover your allocation.
This built-in automated protection is how PAID safeguards participants from project-side issues like rushed launches or mismanaged Token Generation Events. It ensures users stay protected.
Why This New Model Works
- Clearly defined benefits drive meaningful engagement.
- Users know exactly what they’re getting at every tier.
- Rewards are based on commitment, not speed or randomness.
- Enhanced safety without sacrificing risk-reward balance.
The Road Ahead
This was the first step. Our roadmap includes:
- Booster NFTs: Additional benefits and allocation boosts.
- Snapshot Governance: Community-driven decision-making.
- P2P Allocation Marketplace: Sell or buy allocations directly from peers.
- Multi-Chain Expansion: Increased accessibility and liquidity across chains.
How to Participate in the New PAID Model
Getting involved is straightforward:
- Sign Up: https://link.paidnetwork.com/Start
- Stake $PAID Tokens: Secure your preferred tier by staking tokens.
- Register Before the Raise: Confirm participation in your eligible pools.
- Participate and Contribute: Join your pools during their respective windows.
- Manage Your Allocations: Easily track, claim, and manage via your PAID dashboard.
Final Thoughts
If the old system felt all or nothing, the new model gives everyone a way in. Bigger stakes unlock more through powerful multipliers, but even small stakers now have a clear path. Everyone knows what to expect.
The 24-hour protection is there to build trust. If things don’t play out as expected after you back a project, you’re not stuck. It’s a simple safeguard that gives serious participants the confidence to act early without second-guessing their decision.
