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.

Wir aktualisieren unsere PAID in der Währung EUR in Echtzeit. Sehen Sie sich den Live-Kurs von PAID auf Coinbase an.

Die aktuelle Marktkapitalisierung von PAID beträgt 5,056 Mio. €. Eine hohe Marktkapitalisierung bedeutet, dass der Markt ein Asset hoch bewertet.

Das PAID-Allzeithoch beträgt 5,52 €. Dieses Allzeithoch stellt den höchsten Preis dar, der seit dem Lauch von PAID jemals gezahlt wurde.

In den letzten 24 Stunden betrug das Handelsvolumen von PAID 96.208,953 €.

Zu den Kryptos mit einer vergleichbaren Marktkapitalisierung wie PAID zählen Chrono.tech, Light, Arianee und viele andere. Eine vollständige Liste finden Sie bei den Kryptos mit vergleichbarer Marktkapitalisierung.

Das derzeit zirkulierende Angebot an PAID beträgt 543 Millionen.