FUEL X Splyt on Ignition

MV Global
5 min readFeb 16, 2021

Now that we’ve got FUEL, it’s time to gas up and prepare for IGNITION!

If the excitement somehow hasn’t been enough already — get this. After the massive FUEL Joint Venture announcement between industry disruptors Master Ventures and PAID, the team is coming back again with more exciting news for the community; our second combined FUEL incubation and Ignition launch, Splyt.

CEO Kyle Chasse has been leading his team into the late hours of the night, conducting the due diligence needed to line up an all-star roster of Tier-1 projects for Ignition. That hard work is paying off, as the team has already landed their second fully incubated project. FUEL brings a combined 30+ years of blockchain and cryptocurrency experience to the table. The MV team will use their extensive knowledge to successfully incubate Splyt, while working hand-in-hand with the PAID team to drive community growth and investor participation.

Be ahead of the curve and whitelist for the Splyt public sale HERE!

Ignition is getting FUELed up with Splyt listing!

What many believe will be one of the hottest projects of the year, Splyt provides non-fungible token (NFT) infrastructure that is built to power decentralized finance and e-commerce markets. By combining two blistering hot markets, NFT’s plus DeFi, it’s easy to see what everyone is so excited about. Splyt’s blockchain NFT inventory database enables effortless & transparent sales, streamlines multi-platform affiliate sales, and eliminates liability between e-commerce platforms and supply chain.

Splyt is yet another strong project that FUEL will help grow with its incubation program. Under FUEL they will gain access to Master Ventures expertise and a global network of advisors and enterprise partners. PAID will add value to the project with its community and network of influencers and KOLs in the blockchain space, providing a louder voice for the Splyt platform.

Igniting Splyt with a one-of-a-kind incentive program

Ignition, launching only the best of the best, is priming the launchpad for Splyt. The Ignition launchpad stands out from the competition, with their full-service, strategically drafted incentive program that is designed to support projects before, during, and far after launch.

The system requires $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 the tokens of projects which have previously launched on the platform, such as Splyt. Continuing to hold previous projects’ tokens increases the probability of successful participation in future whitelist opportunities. Under FUEL’s incubation program, Splyt will not only emerge strongly into the market at the outset, but the project will be well-positioned to achieve sustainable future growth. This incentive system will lead to more value being delivered to Splyt, their community, and PAID’s Ignition ecosystem.

Powering the PAID platform

Ignition, as the name implies, is the new project launchpad created as a major component of the PAID platform, creating incredible utility and opportunities for $PAID token holders. Those holding $PAID can participate in lottery tiers ranging from 2,500–10,000 tokens, in order to win whitelist opportunities in upcoming IDO offerings. Participation in higher tiers will offer increased opportunities to whitelist, as well as higher allocation amounts. Make sure to hold on to your $PAID tokens.

Splyt will be the second Tier-1 project to benefit from PAID Network’s unique value proposition. All projects listing on Ignition will have access to the same community and marketing team expertise which enabled PAID Network to gain over $55M in investment requests, subsequently opening with one of the most successful launches of all time.

To whitelist for Splyt public sale apply HERE.

A force to be reckoned with

The coming together of two industry disruptors, Master Ventures and PAID, is sure to pave the way for bigger and better ways to launch projects. The team trusts that FUEL will be the gold standard for project incubation. FUEL helps projects reach their full potential through the guidance of an experienced team, a strong supportive community, and marketing resources. The projects then sustain growth through Ignition’s one-of a kind incentive program. Fuel’s second incubation project, Splyt is fueled and ready for lift off.

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 built through smart contracts execute DeFi transactions and business agreements seamlessly, making business exponentially more efficient.

About Ignition

IGNITION is a featured product of PAID Network, operating as a decentralized swapping protocol which allows blockchain-based token projects to offer their private and public auctions. Leveraging both PAID Network and Polkadot technology,

Ignition is different from other auction platforms in that it properly vets and selects only top-tier, cutting-edge projects. Its strategically crafted incentivization mechanism for participants of published projects, will encourage HODLing and support both the project founders and the community. It isn’t just a trading platform, it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to everyone.

About FUEL

FUEL Incubation is a joint venture between Master Ventures and PAID. It is an incubation program that brings together Master Ventures’ combined 30+ years of blockchain and cryptocurrency experience and network of investors and advisors with PAID’s strategic marketing resources and its 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 does the groundwork for a project’s successful moon mission.

About Splyt

Splyt’s blockchain NFT inventory database enables effortless & transparent sales, streamlines multi-platform affiliate sales, and eliminates liability between e-commerce platforms and supply chain.

Splyt bridges the gap between brands and consumers in a rapidly changing climate. We turn the marketing power of e-commerce into revenue for affiliates + brands. We empower brands to grow sustainably by removing rent-seeking intermediaries.

Splyt Whitelist typeform: PAID Ignition: Splyt Whitelist

For any questions, please feel free to reach out to us on:

Website: https://master.ventures/

Telegram: https://t.me/MasterVentures

Twitter: https://twitter.com/master_ventures

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