Polimec Declares Integration With Banxa, Simplifying Net 3.0 Fundraising on Polkadot With Fiat Funds

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October 18, 2024 – Zug, Switzerland


Polimec, a decentralized Net 3.0 fundraising protocol on Polkadot, is worked up to announce its integration with Banxa, a outstanding fiat-to-crypto gateway.

This integration permits customers to spend money on blockchain tasks utilizing bank cards, introducing a brand new consumer expertise and making it simpler for each skilled and new traders to take part in Net 3.0 fundraising.

What’s new

Via Banxa’s integration, Polimec customers can immediately convert fiat currencies, corresponding to USD and EUR, into tokens like USDT, USDC and DOT, which can be utilized to spend money on blockchain fundraises.

This improvement is a serious step in bridging the hole between conventional finance – Net 2.0 – and DeFi (decentralized finance) – Net 3.0 – offering seamless entry to Net 3.0 funding alternatives.

Why this issues

Polimec is designed to facilitate safe, compliant and clear capital raises within the dynamic Net 3.0 area.

The rising demand for compliant and clear fundraising mechanisms makes this integration notably well timed and necessary.

By incorporating Banxa’s fiat-to-crypto gateway, Polimec considerably lowers the obstacles to entry for Net 3.0 fundraising.

The combination permits each crypto veterans and newcomers to take part in blockchain fundraises utilizing acquainted fiat currencies, corresponding to USD and EUR, eradicating the necessity for advanced conversions.

Flavio Bianchi, basis council at Polimec, mentioned,

“This partnership with Banxa enhances Polimec’s mission to streamline Net 3.0 fundraising.

“By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding course of extra inclusive, permitting for broader participation and creating new alternatives for every type of traders.”

The way it works

Taking part in Polimec fundraises is simple.

  • The 1st step Choose Banxa as the popular cost technique.
  • Step two Pay with a fiat foreign money, corresponding to USD or EUR, utilizing a bank card.
  • Step three Immediately obtain participation tokens within the investor’s crypto pockets.

This simplified course of permits customers to interact in blockchain tasks with out the necessity to navigate sophisticated crypto conversions, making the expertise extra accessible and user-friendly.

What’s subsequent

This collaboration marks one other milestone in Polimec’s ongoing effort to enhance consumer expertise and accessibility.

Polimec is actively engaged on extra options to additional streamline the funding course of and improve the capabilities of the Polimec Protocol.

With Banxa now built-in, Polimec is advancing towards its purpose of constructing multi-chain Net 3.0 investments extra accessible on a world scale.

About Polimec

Polimec is a permissionless fundraising infrastructure protocol offering an automatic framework for tasks to lift funds inside a broad and various investor base with clear and honest entry for all.

The protocol permits entry to fundraising and governs the issuance, distribution and conversion of tokens to mainnet.

Contact

Flavio Bianchi, basis council at Polimec

This content material is sponsored and must be considered promotional materials. Opinions and statements expressed herein are these of the writer and don’t mirror the opinions of The Every day Hodl. The Every day Hodl just isn’t a subsidiary of or owned by any ICOs, blockchain startups or corporations that publicize on our platform. Buyers ought to do their due diligence earlier than making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be suggested that your investments are at your personal danger, and any losses chances are you’ll incur are your accountability.

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