Master Ventures and PAID Network have joined forces to bring you FUEL, a full-service crypto incubator.
FUEL will leverage Master Ventures’ years of advisory and incubation expertise in the blockchain space, gaining access to its global network of investors who have supported some of the biggest projects, including Coinbase and Kraken. Combining Master Ventures’ experience with PAID’s strategic marketing resources, FUEL IDO projects will receive wide-scale exposure from over 50 of the top crypto influencers and key opinion leaders in the blockchain industry across Twitter, Telegram, Youtube, TikTok and Reddit, gaining access to their 1.4 million followers on these platforms.
Bringing a combined 30+ years of blockchain and cryptocurrency experience to the table, the FUEL team will leverage their extensive knowledge to successfully incubate top-tier projects, working together to help projects launch on PAID’s decentralized IDO sales platform, Ignition. FUEL will supercharge Ignition projects by opening market access, building a project community, raising funds and building an investor and influencer network, as well as assisting in the construction of token economic models. From the same team that grew Elrond and Ultra, every new project incubated by FUEL will have the resources it needs to perform exceptionally.
FUEL sounds amazing. Tell me more about Ignition!
PAID’s team has been working hard to build its SMART Agreement DApp, redefining how businesses engage with one another through legal agreements. Looking to further revolutionize how projects are launched, PAID has recently announced its decentralized IDO sales platform mentioned above, Ignition.
Launching only top-tier crypto projects, Ignition’s strategically drafted incentive mechanism will require PAID token holders to hold a fixed number of tokens as a requirement for participation in all upcoming IDOs. The platform will also incentivize participants to hold tokens of the previous projects which have listed on the platform, increasing the probability of their successful participation in future whitelist opportunities. This incentive structure will help to ensure sustainable growth for IDO projects, leading to more value being delivered to both the projects and their communities, as well as PAID’s Ignition ecosystem.
Ready for Launch
With a full-service offering that combines valuable experience with an impressive track record, FUEL and Ignition are perfectly positioned to help both projects and teams realize their ultimate visions of success and adoption. The Ignition platform and initial project IDO will launch in the coming weeks, so make sure to stay tuned to official announcement channels for more information. With the support of FUEL, PAID’s Ignition platform will be in a prime position to launch the best up-and-coming projects of 2021!
About Master Ventures
Master Ventures is a blockchain-focused venture studio, helping to build the next generation of blockchain-based Web 3.0 system innovations within the crypto industry. Launched in 2018 by Founder and CEO Kyle Chassé, the company’s ethos can best be summarized in the acronym #BeBOLD: Benevolent, Open, Love, Decentralized.
Master Ventures co-creates with entrepreneurs and businesses worldwide to turn the best ideas into innovative and disruptive products. They do this by investing as strategic partners through offering advisory services to the projects they believe in. To date, Master Ventures has invested in over 40 crypto projects including the likes of Kraken, Coinbase, Bitfinex, Reef, DAO Maker, Mantra DAO, Thorchain, and Elrond.
About PAID Network
PAID Network seeks to redefine the current business contract, litigation and settlement process by providing a simple, attorney-free and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems, SMART Agreements execute DeFi transactions and business agreements seamlessly through the use of automated smart contracts, making business exponentially more efficient.
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