StackOS to launch its IDO on Ignition!

PAID NETWORK
4 min readApr 16, 2021
StackOS to launch on IDO Ignition

PAID community, get ready for another amazing opportunity from Ignition!

Introducing our next Tier-1 project, StackOS! StackOS is an open protocol that allows individuals to collectively offer a decentralized cloud and deploy full-stack applications, decentralized apps, blockchain private-nets and mainnet nodes. It makes taking businesses online easy!

  • Whitelist Start: April 16, 2021 1:30PM UTC
  • Whitelist Close: April 19, 2021 4AM UTC
  • StackOS on Ignition: April 23, 2021 11AM UTC

Whitelist for StackOS on Ignition is closed.

Taking your business online in today’s world

It is no secret that the internet is taking over the world, and this can be seen even more with the occurrence of the global pandemic, which has forced many businesses who did not have an online presence before, to get online.

Going online can be daunting for traditional businesses as many will not know how to make such a transition cost-effectively and securely and will rely on existing mainstream centralized providers such as Amazon web services, Microsoft Azure and Google Cloud that can be difficult to set up, expensive and insecure as they are susceptible to hacks. Moreover, running applications efficiently on these platforms requires a high skill level where medium to large scale companies spend between hundreds of thousands to millions to develop them and still don’t get it 100% right.

StackOS is a decentralized cloud solution for businesses to get online.

StackOS is a decentralized cloud solution that allows businesses and users to deploy, test and run real-world applications with the click of a button. The system prides itself on its easy to use intuitive interface and hopes to lead to mass adoption due to its core value of streamlining a system that ensures top-level efficiency and security for all.

How does it work?

StackOS creates a utility platform and intricate reward system for all parties, including node holders, application developers, application users and token holders.

Node Holders represent computing liquidity providers for StackOS’ decentralized cloud and can earn revenue including Stack tokens in return for acting as nodes. They can then stake their Stack tokens to increase the network’s throughput and earn even more when more applications are launched.

Application developers can try and test their applications and then deploy them with ease onto the decentralized cloud that will guarantee top-level blockchain security features alongside a scalable and cost-effective solution that beats the existing mainstream centralized options.

Application users will be incentivized with crypto rewards for participating in the ecosystem and will be rewarded with Ethereum and Stack tokens for supporting applications and effectively scaling the network.

Token holders will be able to stake their Stack tokens to take part in governance. They will be able to vote on the protocol of the network and will be able to gain rewards for doing this in Ethereum.

A primary on-ramping solution for the future of online business

StackOS hopes to be a primary on-ramp solution for the future of online commerce and online application development. A core value of the project is to promote decentralization as the ultimate format for the future of applications in the online space. StackOS will provide demand and access to cloud computing resources that will create and grow AI and machine learning infrastructures and create a safe environment for the development of full-fledged applications with no limit. Moreover, due to its decentralized nature, StackOS can not be compromised or shut down, making it an unstoppable protocol that hopes to revolutionize the way businesses get online in today’s world.

*For applications to be considered valid, all applications must adhere to the PAID whitelist lottery rules, must pass PAID Ignition’s KYC process, and adhere to each project’s specific KYC requirements and country restrictions which varies per project on a case to case basis. For a list of StackOS specific restricted KYC countries check HERE.

About StackOS

StackOS is an open protocol that allows individuals to collectively offer a decentralized cloud where you can deploy any full-stack application, decentralized app, blockchain private-nets, and mainnet nodes.

Twitter | Telegram | Website | Apply (Early Access)

About Ignition

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol that 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 HODLing that supports 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.

About PAID

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.

For any questions for the PAID network, please feel free to reach out to us on:

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