PAID Network

PAID Network

Created using Figma
Created using Figma
PAID Network is an ecosystem DAPP that leverages blockchain technology to deliver DeFi powered SMART Agreements to make business exponentially more efficient. We allow users to create their own policy, to ensure they Get PAID.
To be announced
Token Details
Ticker
PAID
Additional Details
Categories
Platform

About PAID Network

PAID Network is a comprehensive business toolkit for all business transaction needs. Traditional legal contract systems obligate the participants to employ legal counsel, using long and complex contracts filled with legal jargon that is difficult to understand. PAID’s SMART Agreements are simplified business contracts which are written in easy-to-understand language and signed on-chain, between two parties conducting business with one another.

To support this process, escrow, insurance, dispute arbitration and resolution have been developed to deal with disputes. Escrow functions as an intermediate store of value to reduce transaction risk between parties, while insurance allows either party to insure their contract against default. In the event of a dispute, three arbitrators are selected at random from the community. Arbitrators gain the rights to arbitrate by staking PAID tokens. Chainlink’s random number generator is the mechanism by which arbitrators are selected. Furthermore, biometrically-enabled reputation scoring prevents bad actors from creating new accounts to defraud future business contacts, and allows other business contacts to view others’ transaction histories and feedback.

In addition to the features mentioned above, PAID also utilizes DeFi tools such as borrowing, lending, and insurance pooling. PAID holders can deposit their tokens into liquidity pools for lending and insurance, while also being able to take out loans for their business endeavors, with loan applicants vetted using the reputation scoring system. Finally, PAID also employs a DAICO model, to organize and collect investment for new projects. New blockchain projects are monitored and measured against their project roadmaps, with accountability to investors not seen in traditional ICOs. In the event a project is falling well short of it’s promises to investors, those investors can receive refunds from the respective company. This risk-mitigation strategy reduces overall risk for investors and forces new projects to be better prepared.

Activity

Followers:
51 485
VERY HIGH
Tweets:
831
VERY HIGH
Fake Users Detected:
1.90%
30 Days Growth:
5261
Members:
37 413
VERY HIGH
30 Days Growth:
1786
Alexa

Rank:
59 083
VERY HIGH
Delta:
-833 832

PAID Network Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Luis Sanchez
Fullstack Developer
unverified
Wojciech Glowacz
Business Analyst
unverified
Mark Rittmer
Business Development Manager
unverified
Nick Fernandez
Operations Manager
unverified
Valter Turk
Project Manager
unverified
Gabriel Martinez
Lead UX Designer
unverified
Alfredo Lopez
Architect
unverified
Ruben Guevara
DevOps
unverified
Kyle Chasse
CEO
unverified
Rogelio Morrell
CTO
unverified
Dane Hoy
CBDO
unverified
Jessica Gonzales
CMO
unverified
Marta Vitvitska
COO
unverified
Dan Smith
Head of Product
unverified
Usman Khan
Head of Digital Marketing and Community
unverified
Alexander Urbina
Senior DevOps Engineer
unverified
Edgar Sucre
Lead Backend Engineer
unverified
Edgard Aviles
Senior Blockchain Engineer
unverified

PAID Network Last News

N/A
5.0 8
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