Dubai, UAE, January 2nd, 2024, Chainwire
Crypto accelerator and launchpad Raiser has announced the introduction of a novel fundraising model it calls a Fair Community Offering (FCO) as it seeks to democratize the way users invest in crypto projects. The innovative approach marks a major departure from traditional web3 financing models such as ICOs, IEOs, and IDOs by meritocratically rewarding dedicated, engaged community members and early supporters at a project’s pre-exchange listing stage.
Fair Community Offering: A Paradigm of Equitable Investment
In contrast to existing launchpads that often cater to speculators rather than a project’s true supporters, Raiser’s Fair Community Offering advances a merit-based approach, ensuring early-stage capital is sourced from passionate backers who share a venture’s vision and values. This equitable system rewards user engagement and knowledge, with a unique gamified ranking system prioritizing genuine supporters for potentially highly lucrative pre-listing investments.
The first project Raiser will support is Playbux, a cutting-edge web3 entertainment platform backed by industry giants Binance Labs and VISA. The Playbux FCO, orchestrated by Raiser and market maker partner Kairon Labs, is scheduled for January 2024 with an exact date still to be confirmed.
“Our goal is to effectively support both the community and centralized exchanges, who show belief in the potential success of new projects through initial listings. Our unique platform rewards active community members and so assists exchanges in their strategic decisions,” said Raiser’s Co-founder and CEO Kori Leon, who previously served on the listing team at leading digital asset exchange Binance.
Currently ranked the #1 most active dApp on BNB Chain with 16 million users, including 1.3 million monthly active users, Playbux boasts many impressive features including a shop-to-earn mechanism that connects community members with over 26,000 global merchants for cashback and rewards. Among its many milestones, Playbux was responsible for the most traded NFT on the BNB Chain.
Unique Ranking System: Elevating Engagement Over Speculation
FCO sales are designed to recognize and reward those who demonstrate genuine engagement and knowledge about a project. To participate in early-stage investments, users must perform specific actions on…