Polkadot’s parachain Polimec wants to revolutionize fundraising for Web3 projects through an innovative approach that sets it apart from rivals.
According to its website:
“Polimec enables fundraising in a decentralized, transparent, and regulatory-compliant manner, aligning stakeholder incentives during and beyond the fundraise.”
Co-founder Kasper Mai Jørgensen further explained that Polimec enables fundraising directly on-chain without intermediaries in a transparent, fully decentralized, and regulatory-compliant manner.
The project was conceptualized in 2020 by the team behind KILT Protocol and later became an independent project with its own non-profit organization in June 2022.
Polimec’s native PLMC token grants holders access to the platform’s evaluation, participation, staking, and governance activities.
How Polimec operates
Polimec streamlines the fundraising process into five phases, beginning with credential verification through know-your-customer (KYC) procedur
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