Zug, Switzerland, October 18th, 2024, Chainwire
Polimec, a decentralized Web3 fundraising protocol powered by Polkadot, is thrilled to unveil its new partnership with Banxa, a leading fiat-to-crypto payment processor. This collaboration will enable users to invest in blockchain initiatives using credit cards, thereby enhancing the user experience and simplifying entry for both seasoned investors and newcomers to Web3 fundraising.
What’s New?
With the integration of Banxa, Polimec users can quickly exchange fiat currencies like USD and EUR into cryptocurrencies such as USDT, USDC, and DOT, facilitating investments in blockchain fundraising activities. This initiative marks a significant advancement in uniting traditional finance (Web2) with decentralized finance (Web3), thus providing smooth access to investment opportunities in the Web3 sphere.
Why This Matters
Polimec is built to promote secure, compliant, and transparent capital raising in the evolving Web3 landscape. The rising demand for transparency and regulation in fundraising makes this integration especially relevant and essential.
By integrating Banxa’s fiat-to-crypto gateway, Polimec reduces entry barriers for Web3 fundraising. The collaboration empowers both crypto experts and novices to engage in blockchain fundraising using familiar fiat currencies like USD and EUR, eliminating the need for cumbersome conversions.
“This collaboration with Banxa strengthens Polimec’s objective of simplifying the Web3 fundraising process,” stated Flavio Bianchi from Polimec Foundation Council. “With the incorporation of Banxa’s fiat-to-crypto gateway, we are making the onboarding process more inclusive, promoting greater participation, and creating new opportunities for all investor types.”
How It Works
Participating in Polimec fundraising events is easy:
- Step 1: Choose Banxa as your payment option.
- Step 2: Make a payment using fiat currency, such as USD or EUR, via credit card.
- Step 3: Instantly receive participation tokens in your crypto wallet.
This streamlined process allows users to participate in blockchain projects without the hassle of complex crypto conversions, enhancing accessibility and user-friendliness.
What’s Next?
This partnership represents another step forward in Polimec’s continuous efforts to enhance user experience and accessibility. The team is diligently working on new features designed to further ease the investment process and expand the capabilities of the Polimec Protocol.
With Banxa now on board, Polimec is moving closer to its vision of making multichain Web3 investments accessible on a global scale.
About Polimec
Polimec is a permissionless fundraising infrastructure protocol that provides an automated framework for projects to raise capital from a broad and diverse base of investors with transparent and equitable access for everyone. The protocol governs the access to fundraising and oversees the issuance, distribution, and conversion of tokens to the mainnet.
Contact
Foundation Council
Flavio Bianchi
Polimec
[email protected]
