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PAYD Network is primarily a decentralized crowdfunding platform that aims to bridge the gap between vetted projects and community funding. This unique model allows startups and projects to raise capital in a structured manner, significantly reducing their valuations compared to conventional methods.
The platform operates through multiple tiers designed to cater to participants of varying levels of experience and investment capability. The EarlyPool offers guaranteed allocations for early participants, fostering a sense of security for dedicated investors. Meanwhile, the OpenPool allows for unencumbered access without staking requirements, thus broadening participation from the community.
Moreover, transactions on the PAYD platform are conducted exclusively with stable coins, enhancing security and maintaining stability in the crowdfunding process. This methodology not only protects investor interests but also enforces transparency and traceability.