PAID Network is a community-driven decentralized ecosystem that supports blockchain technology to offer “smart agreements” powered by DeFi for making business more efficient. Here, SMART agreements are the standardized contracts that have autofill smart features. As per its whitepaper, the platform’s design aims to redefine the civil legal system by introducing new ways to attract opportunities and value for both users and businesses. The key goal behind this network is to empower the community and minimize the expenses of legal counsel by creating financial toolsets.

PAID Network has observed that the current legal system can be very complex, requiring legal counsel to sort agreements between parties. Hence, the platform helps to break down the border that complicates the process of arbitration and merge it with blockchain technology. Further, to support this new framework, the currency proposes a set of new DeFi tools involving insurance, staking, and escrow.

The PAID token acts as the core utility token within the ecosystem of PAID Network. The token functions as the prime service within the PAID Network ecosystem. Holders can use this token for purchasing contracts and subscriptions services fees. The PAID token also may allow its stakers to earn passive profit through coin inflation and offer lending, escrow, insurance, and arbitration services to the entities included in smart agreements. The PAID Network aims to allocate all the generated revenue in burning (25%), back to stakers (25%) and retained to the company (50%). (Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.)

The PAID Network was founded by Kyle Chasse (CEO), who has been working on blockchain since 2012. The other core founding team members include Ben Stahlhood II (VP of engineering), Usman Khan (CMO), Valter Turk (product owner), and Luis Sanchez (fullstack developer). The platform was released in the second quarter of 2021. The currency also released PAID token and BSC Ignition Launchpad in the same year. The token launched its first whitepaper on September 28, 2020.

Actualizamos nuestro PAID a EUR en tiempo real. Obtén el precio de PAID actual en Coinbase.

La capitalización de mercado actual de PAID es de52,716 mil €. Una capitalización de mercado alta implica que el activo está muy valorado dentro del mercado.

El máximo histórico de PAID es 0,00000000000000000015 €. Este valor representa el precio más alto pagado por PAID desde su lanzamiento.

Durante las últimas 24 horas, el volumen de negociación de PAID ha sido de 0,02 €.

Entre los activos que tienen una capitalización de mercado similar a PAID se encuentran BnkToTheFuture, Nitro Network, Cindicator y muchos otros. Para ver una lista completa, consulta nuestros activos con capitalización de mercado comparable.

Actualmente, PAID cuenta con un suministro en circulación de 590 millones.