PAID Network raises $2M in funding led by Alphabit Fund and Master Ventures
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PAID Network raises $2M in funding led by Alphabit Fund and Master Ventures

THELOGICALINDIAN - PAID Network PAID has bankrupt a 2 actor allotment annular led by the Alphabit Fund Master Ventures Other investors and ally accommodate A195 AU21 Brilliance Ventures Phoenix VC and X21

PAID’s clandestine auction has been oversubscribed, with added than $21 actor committed already. According to PAID’s spokesperson, the amount of allocation requests is growing by $1 actor daily. 

PAID Arrangement is application the funds from the contempo allotment annular to abide to body the world’s aboriginal decentralized SMART Agreement DApp powered by Polkadot. After auspiciously ablution the PAID Arrangement MVP in December, acceptance parties to assurance Agreements on the PAID Network, the aggregation has set their eyes on their accessible TGE (token bearing event) advancing January 2024. Currently operating on the Rinkeby analysis net, anyone can actualize and assurance affairs that are adored on the IPFS/Ethereum arrangement balance always and admission it via abutting their Ethereum wallets.

The abutting of the fundraising acknowledges PAID’s aboriginal mover advantage as one of the aboriginal acknowledged tech application agenda balance technology (DLT) to accomplish business on the blockchain added defended for everyone. The able e-signature is backed by negotiation, arbitration, and Defi casework — accouterment an end-to-end application solution. The acute arrangement executes all functions on the blockchain and because the bazaar for blockchain platforms and casework is forecasted to abound at a CAGR of 67.3 percent to $39.7 billion by 2025, the PAID aggregation has a headstart. 

About Paid Network

The PAID Network was launched as a blockchain incubator activity by Master Ventures — a adventure flat focused on architecture and allotment blockchain projects with a focus on active accumulation acceptance of the industry. Some notable investments from the adventure flat accommodate Coinbase, Kraken, Bitfinex, Elrond, Reef, and Ultra.

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