Place/Date: - August 15th, 2022 at 3:21 pm UTC · 3 min read
Source: PAY DAO
The Metaverse economic system will usher in major changes: PAY DAO, the world’s first Web 3.0 decentralized payment network on the Metaverse platform, announced that it will launch a community donation program on its official website on August 16 and open it to everyone.
Community donation is a relatively innovative and attractive way to issue tokens, which allows fair and equitable distribution of tokens to the community. Compared with traditional fundraising methods, community donations better reflect the free will and ownership of the community. Anyone can participate, there is no whitelist, and participants do not need to complete community tasks. The donation amount for a single address is fixed and extremely low, first come first Yes, fair distribution.
PAY DAO is creating a community donation. On the donation page anyone can access community donations participating in PAY DAO.
PAY TOKEN is a Bep 20 utility token issued based on Binance Smart Chain, referred to as “PAY”. PAY is a universal payment digital currency in the Metaverse, and is the core of the future Metaverse economic system.
Total initial issuance of PAY: 1 billion pieces
Hard cap: 618 million PAY
Soft cap: 300 million PAY, after the community donation ends, all unfinished PAY will be destroyed
Fixed donation ratio (BSC): 100 USDT: 10000 PAY
Additional Rewards: 5% USDT+5% PAY will be rewarded for every recommended address to complete community donation
For every 10 addresses recommended to complete community donations, 1 super NFT will be given away
For every 10 super NFT tasks completed, 1 Genesis NFT will be given away
Rewards can be accumulated on a first-come, first-served basis. After the donation, you can receive PAY tokens and NFTs on the official website
For PAY tokens, the team does not have any reservations and holdings.
PAY DAO is a Web 3.0 decentralized payment network for the global metaverse platform. It aims to allow hundreds of millions of Cosmos users, developers, merchants, suppliers and ecosystem partners to easily participate in the economic prosperity of the Metaverse through payment and mining between PAY tokens. Make the PAY Metaverse Universal Payment Token available on tens of millions of Metaverse platforms and networks around the world through the upcoming PAY payment service and app.
PAY DAO is building a set of payment technology and product foundations centered on the PAY token. With a view to realizing a fully functional digital economy metaverse in the near future. In addition to being a leader in Metaverse payments, the project is also aimed at the near future, where PAY intends to establish long-term partnerships, joint venture communities and alliances with content developers in the Metaverse sports, gaming and other entertainment sectors. Create a metaverse digital economic system exclusively served by PAY DAO’s PAY token payment system and financial platform.
For more information about the project or PAY mining, see the whitepaper.
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