The Complete Guide to KOII Private LCO on PAID: Everything You Need to Know
A revolution in decentralized computing is approaching.
On December 20–23, 2024, PAID will launch an exclusive Private LowFDV Community Offering (LCO) for KOII Network, the first truly decentralized computing infrastructure for AI, DePIN & Web3 applications.
Important Dates & Details
Key LCO Dates
• Snapshot Deadline: December 20, 2024 | 9:00 AM UTC
• EarlyPool: December 20, 2024 | 11:00 AM UTC
• Special WhitelistPool: December 21, 2024 | 10:00 AM UTC
• OpenPool: December 21, 2024 | 11:00 AM UTC
• Token Generation Event (TGE): January 2025
⚠️ CRITICAL REQUIREMENT: FINNIE WALLET
You MUST have a Finnie wallet to receive your KOII tokens. No exceptions.
Required Steps
1. Install Finnie Wallet (Works with Chrome and Brave)
2. Create wallet & securely save your 12-word Secret Backup Phrase — NEVER SHARE THIS! ⚠
3. Add KOII wallet address to your PAID profile before snapshot
Why Finnie?
• Required for KOII token distribution
• Native wallet of KOII Network
• Necessary for all KOII functionalities
• No KOII wallet address = No tokens
Raise Details
• Raise on: Base (for contribution)
• Raise with: USDC
• Initial CEX Listing: Confirmed multiple top-tier exchanges
• Vesting Schedule: 5% at TGE, 2-month cliff, 8-month linear unlock
• Token Distribution: Via KOII wallet address only
What Makes KOII Special?
Proven Traction
• $1M in testnet transaction fees generated
• 97k+ unique active nodes
• 400k+ community members
• 500+ developers building
• 100+ d’Apps deployed
• 2k+ programs live
Veteran Team
• 21 years VC, incubation & accelerator experience
• 13 years blockchain education and community onboarding experience
• 35 years product and UI/UX Design experience
🎣 $KOII Utility
• Network computation payments
• Node operation rewards
• Governance rights
• Protocol fee sharing
• Network security staking
• Task creation and execution
80% Off Strategic Round for PAID
↳ Previous Round: $125M FDV
↳ PAID LCO: $25M FDV
Backed by Web3 Giants
• MV Global
• Fenbushi Capital
• Sanctor Capital
• Maven 11
• TRGC
• Blockchain Founders Fund
And more!
Dive deeper:
• Vision Deck
• Website
• Whitepaper
• Download a Node
• Node Demo
• PAID Gitbook
Essential Preparation Steps
1. Set Up Finnie Wallet — IMPORTANT
• Download Finnie Wallet
• Complete wallet setup before participation
• Save backup phrase securely
• Add your Finnie wallet address to PAID profile
Without a Finnie wallet, you cannot receive KOII tokens.
2. Account Setup and KYC
→ Visit https://www.paidnetwork.com/projects/koii
• Connect your wallet and mark as primary
• Complete KYC at least 25 hours before participation
• Ensure documents are clearly visible and unedited
Required Documents:
• Valid government-issued ID (passport or national ID)
• Clear selfie for verification
• Working email address
2. For EarlyPool Participants
• Ensure 75k+ $PAID staked
• Visit KOII project page
• Click “Register Interest” before snapshot
• Register Interest is mandatory for EarlyPool participation
3. Wallet Requirements
Base Network for Contribution:
• Network Name: Base
• RPC: https://mainnet.base.org
• Chain ID: 8453
• Symbol: ETH
• Explorer: https://basescan.org
4. Contribution Wallet Preparation:
• Ensure sufficient USDC on Base for contribution
• Keep ETH on Base for gas fees
• Never share private keys or seed phrases
• Have Finnie wallet ready for token distribution
Participation Day Guides
EarlyPool Requirements:
24 Hours Investment Period — Guaranteed capped allocation
1. Create PAID account & complete KYC
2. Stake 75k+ $PAID tokens
3. Register Interest on project page
4. Complete all steps before snapshot (Dec 20, 9:00 AM UTC)
5. Prepare USDC and ETH on Base for contribution
6. 5% Protocol Revenue to be deducted from token allocation
Special WhitelistPool Requirements:
1 Hour Early Access to OpenPool
FCFS (First come, first served) — Capped allocation
1. Create PAID account & complete KYC
2. Stake 7.5k+ $PAID tokens
4. Complete all steps before snapshot (Dec 20, 9:00 AM UTC)
5. Prepare USDC and ETH on Base for contribution
6. 5% Protocol Revenue to be deducted from token allocation (Normally 10% for this pool, learn why 🎁)
OpenPool Requirements:
FCFS (First come, first served)
1. Create PAID account & complete KYC
2. Complete all steps before snapshot (Dec 20, 9:00 AM UTC)
3. Prepare USDC and ETH on Base for contribution
4. 15% Protocol Revenue to be deducted from token allocation
What Happens to the Protocol Revenue
Protocol Revenue collected is distributed to $PAID stakers and trading pairs through the PAID Flywheel system:
• 50% Token Buyback: Regular market purchases of $PAID followed by immediate token burns
• 30% Staking Rewards: Distributed as real yield APY in $PAID
• 20% Liquidity Provisioning: Injected into PAID trading pairs
Post-Participation Guide
What to Expect
• 5% of tokens unlocked at TGE
• 2-month cliff period
• 8-month linear vesting follows
• Multiple CEX listings confirmed
• Regular community updates and activities
Track Your Investment
• Use PAID dashboard for vesting info
• Join official channels for updates
• Monitor Base network for token claim
Official Channels:
→ Telegram: https://t.me/paidnetwork
→ X (formerly Twitter): https://x.com/paid_network
Essential Security:
• Use only official PAID links
• Never share private keys
• Check contract addresses
• Verify all announcements through official channels
Support and Troubleshooting
Common Issues:
• KYC verification pending
• Staking not reflecting
• Transaction failed
• Wallet connection issues
Solutions:
→ Submit support ticket: https://help.paidnetwork.com/en/support/tickets/new
Important: This guide is for informational purposes only. Always conduct your own research before participating in any token sale or investment opportunity.
