- Apillon, a Web3 infrastructure platform for developers, will be the subject of Polimec’s first examination.
Polimec, a decentralized and community-driven funding parachain, has officially debuted on Polkadot and is about to start its first project appraisal.
The platform assesses Web3 projects for possible funding with the goal of improving the process’s openness, usability, and regulatory compliance.
The introduction of Polimec heralds a new age in decentralized fundraising by placing an emphasis on accessibility, community involvement, and legal compliance. According to stakeholders, the platform has the potential to completely change how Web3 project financing is provided.
Apillon, a Web3 infrastructure platform for developers, will be included in the first phase of the parachain review process.
Apillon provides decentralized services like file storage and hosting, enabling developers within the Polkadot ecosystem.
Users who want to take part in the evaluation need to have a KYC credential powered by Deloitte. With the use of this credential, users can visit the Data Room and examine the funding details of the projects they are considering before bonding their Polimec tokens (PLMC).
The assessment procedure will take 28 days in the interim. During this time, users can review the project’s white paper, staff, and tokenomics as part of their due diligence.
Users demonstrate their interest in the initiative by bonding their PLMC tokens. A project automatically advances to the following round if, at this point, it reaches 10% of its target financing. Until the fundraising round is ended or canceled, the bonded PLMC tokens are frozen.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
