The wait is over! No more announcement of an announcement, the team at PAID Network is incredibly proud and excited to share with our PAID community the new and improved Ignition platform, IGNITION V2!
We’ve been teasing a revamped and upgraded version of our flagship IDO platform for a while now, and following a committed and exhaustive effort by our brilliant developers and lead engineers, Ignition V2 is completed, approved, and ready to launch!
The current iteration of Ignition V1 has become the benchmark IDO Launchpad platform within DeFi. Numerous startup projects have used Ignition as their primary and trusted choice to execute their IDOs and establish a stronger foothold in the markets.
It’s therefore no surprise that the evolution of a widely successful platform and introduction of brand new features have been eagerly anticipated among the faithful crypto universe.
Ignition V2 — New features
So what are the new, and improved features users can expect with the launch of Ignition V2?
Being an organization that places a focal emphasis on our users’ feedback, we’ve created from scratch, overhauled, and tweaked several aspects of Ignition V1, to accomplish a much enhanced IDO platform. This is achieved by staying loyal to the PAID ethos while addressing the key challenges faced by incubation projects and willing participants.
For Ignition V2, we have written an entirely new source code for the platform. This means a truly fresh and bolstered user experience with sufficient amendments for a reinvigorating Ignition V2 Launchpad.
Improved UI and Dashboard
Ignition’s remodeled dashboard now allows users the ability to perform the following actions:
- Redeem tokens from IDOs they’ve participated in.
- Check their profile’s KYC status (no more waiting in uncertainty).
- View the complete list of pools they’ve joined.
We’ve introduced new wallet support in the form of WalletConnect. This ensures extra wallet connectivity for users via the options to link their Ledger Hardware Wallet, Trust Wallet, and several more popular protocols such as imToken and BitPay.
The complete list of supported wallets can be found here.
Improved Mobile Navigation
We’re spending more time on our smartphones than ever, so possessing a fluid and easily navigable mobile UI was of significant importance. Providing a more accessible and smoother mobile experience increases confidence for Ignition V2 users of both participating in IDOs and enjoying the overall exploration of the platform.
Multipool Smart Contract support
Ignition V2 will now be able to raise funds via $ETH/$BNB and $USDT. This is a major upgrade with excellent benefits for users, as their choice of ability to pay funds via several payment currencies has greatly expanded.
Apollo-X is ready to Launch!
While the release of Ignition V2 is another significant milestone in PAID’s history, we’re nowhere near finished just yet.
We’re continuing to provide major developments to the newly-revamped PAID V2 DApp, and the much-vaunted, highly anticipated PAID sister IDO Launchpad, Apollo-X, will also be live along with Ignition V2!
That’s a double dose of massive news for the PAID community as we look forward to introducing the new Apollo-X platform to users. Dubbed our more ‘adventurous cousin, the PAID team listened to feedback from our community on increasing inclusivity for participants and providing an overall more equal and accessible method of eligibility and opportunities for upcoming IDO projects.
Our existing vetting parameters required for both new projects and community members meant some users were unable to participate due to not meeting Ignition’s lottery requirements; however, this unfortunate side-effect is now resolved with the launch of Apollo-X. Apollo-X reduces barriers to entry for large parts of the wider crypto community and will encourage further synthetization of the PAID ecosystem.
Outside the differentiating parameters for entry, Apollo-X will otherwise have an almost identical user experience to that of Ignitions. This means participants can be confident of a user-friendly and intuitive experience.
More information about Apollo-X’s IDO participation model can be viewed here.
We’re already halfway through the year, and the PAID ecosystem continues to grow at a fantastic pace. With our focus on constantly innovating and disrupting the crypto industry, stay tuned for our next big update!
*** Staking will not be available yet because audits are still going on. We will announce when staking is introduced in a few days.
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: