Polimec, a decentralized funding protocol, has recently been launched with the primary objective of initiating a new phase in community-funded projects within the Polkadot ecosystem. This innovative protocol offers a clear and transparent mechanism for project teams to raise funds and issue tokens while ensuring adherence to regulatory standards.

The inaugural project featured on Polimec is Apillon, an infrastructure solution tailored for web3 developers. As the initial Evaluation Round commences on Polimec, investors are presented with the opportunity to assess projects and determine their suitability for progression to the subsequent Funding Round. Noteworthy projects slated to raise funds through Polimec include Mandala Chain, Gotem, and ImpactScope.

Polimec has been meticulously crafted to uphold the fundamental principles of decentralization inherent in web3, establishing a compliant environment that facilitates global connections between investors and startups. Participation in a project on Polimec necessitates users to acquire a Deloitte KYC Credential, which, upon meeting the necessary criteria, grants access to funding details, project evaluations, and involvement in funding rounds.

Through Polimec, projects have the flexibility to conduct either singular or multiple funding rounds, while investors can engage in rounds that align with their specific criteria. The governance of the protocol is overseen by the PLMC holders, comprising an on-chain council and technical committee. Any PLMC holder retains the ability to propose initiatives, subject to a token-holder vote contingent on meeting the requisite support.

Polimec serves as a catalyst for emerging web3 projects concentrated on the Polkadot ecosystem, offering them a platform to realize their funding objectives. This endeavor aims to enhance their potential for developing groundbreaking blockchain solutions and fostering widespread adoption by addressing tangible real-world challenges. Simultaneously, Polimec provides web3 investors of diverse backgrounds with access to projects committed to fundraising in a transparent and compliant manner.

The forthcoming Evaluation and Funding Rounds on Polimec are poised to provide the Polkadot community with a glimpse into the future of web3 fundraising, enabling them to evaluate some of the most innovative projects currently seeking capital to materialize their visions into tangible realities.