Polimec Brings Decentralized Fundraising to Polkadot by Chainwire


Zug, Switzerland, May 20, 2024, Chainwire

Decentralized Finance Protocol Polimec has launched with the aim of promoting a new era of community-funded projects. The protocol provides a transparent way for teams to raise funds and issue tokens while maintaining regulatory compliance.

The first project that will appear at Polimec is Apillon, an infrastructure solution for web3 developers. With the start of the first Polimec Evaluation Round, investors have the opportunity to evaluate projects and decide if they should advance to the Financing Round. Other projects that will raise funds for Polimec include Mandala Chain, Gotem and ImpactScope.

Polimec is designed to maintain the end-to-end decentralization of web3, providing a regulatory-compliant environment that connects investors and startups globally. To participate in a project on Polimec, users must obtain a Deloitte KYC Credential, which, if eligible, grants access to financing information, project evaluation, and participation in financing rounds.

Projects can conduct single or multiple financing rounds using Polimec, while investors can participate in rounds that meet their criteria. Governance of the protocol is determined by PLMC holders, an on-chain council, and a technical committee. Any PLMC holder can submit a proposal, resulting in a vote by the token holder, provided he obtains the required support.

Polimec provides emerging web3 projects, focused on the Polkadot ecosystem, an opportunity to achieve their funding goals. This will maximize your prospects of developing transformative blockchain solutions and increasing adoption by solving real-world problems. Polimec simultaneously offers web3 investors of all types access to projects committed to raising funds in a transparent and compliant manner.

The first rounds of evaluation and funding to be held at Polimec will give the Polkadot community the opportunity to experience the future of web3 fundraising and evaluate some of the most innovative projects currently seeking capital to turn their ideas into reality.

About Polimec

Polimec is a permissionless fundraising infrastructure protocol that provides an automated framework for projects to raise funds within a broad and diverse investor base with transparent and fair access for all. The protocol allows access to fundraising and governs the issuance, distribution and conversion of tokens to the mainnet.

The protocol maximizes value creation for Web3 projects, allows different stakeholders to participate in funding rounds, and minimizes information asymmetry between participants and issuers to grow their community. The underlying reward mechanism ensures that the interests of different participants and projects are aligned for sustainable fundraising.

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ContactFoundation and Marketing CouncilFlavio BianchiPolimec Foundation[email protected]

This article was originally published on Chainwire.



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