PAID Network PAID

1. Summary

Ranks

Liquidity

80

Developer

-

Social

95

Momentum (beta)

0

Stack Rank™

-

Price

$0.05 +0.2%

Market Cap

$19.69M (#927)

Supply

300.88M / 594.72M

Tags

Binance Smart Chain Ecosystem Polkadot Ecosystem Launchpad Ethereum Ecosystem BNB Chain Ecosystem

More Metrics

Price
52W High price	$0.37
52W High date	20th Feb 2024 (6 months ago)
All Time High (ATH) Date	11th Apr 2021 (3 years ago)
ATH Price	$6.04
% From ATH	-98.12%
All Time Low (ATL) Date	14th Oct 2023 (10 months ago)
ATL Price	$0.01
% From ATL	907.99%

Supply & Trading Volume
Trading Volume (24h)	$9,586.00
Total Supply	594.72M
Max Supply	594.72M
Circulating Supply	300.88M

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Description

PAID Network is a business toolkit that provides multiple solutions for conducting and managing business transactions. It primarily consists of four main components:

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PAID Network is a business toolkit that provides multiple solutions for conducting and managing business transactions. It primarily consists of four main components:

SMART Agreements

These are simplified, easy-to-use contracts that eliminate the need for lawyers in legal agreements. Users can fill in terms and execute these contracts from their desktop or mobile phone, removing the complexity of creating and executing documents.

Escrow and Dispute Arbitration/Resolution

The platform ensures that users receive the value stipulated in their contracts by using escrow services. Dispute arbitration and resolution mechanisms resolve any disagreements between parties, streamlining the process and protecting users' interests.

Reputation-Scoring

This feature tracks user behavior and provides a publicly available rating and comment system. Users can submit feedback about their business experiences, allowing others to gauge the reliability and credibility of potential business partners.

DeFi Tools

PAID Network includes various DeFi tools such as insurance, borrowing, and lending, all designed to support its comprehensive business infrastructure. These tools facilitate secure and efficient transactions and augment the overall experience for users.

Goals and Impact

The platform aims to redefine the way legal agreements are executed, making it more accessible and efficient for users. PAID Network also seeks to transform the fundraising process for blockchain projects by introducing a system of community-governed arbitration and time-released escrow. This ensures that projects are held accountable to their timelines and deliverables, minimizing risk for community participants.

Utilities

• Users can negotiate and finalize business agreements through the marketplace.
• A suite of DeFi tools supports the business agreement process, offering opportunities for users to engage in lucrative sectors.
• The platform features a robust reputation-based scoring system, ensuring transparency and trust in business interactions.

By combining these features, PAID Network provides a one-stop solution for conducting and managing business transactions in a secure and efficient manner.

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