Polimec, a decentralized and community-driven funding platform, has officially launched on Polkadot. This platform offers a transparent and regulatory-compliant environment for investors and startups to connect globally. According to CryptoPotato, Polimec represents a significant advancement in Web3 fundraising engagement, enabling community members to assess and support innovative projects and drive decentralized initiatives. To participate, users need a Deloitte KYC Credential, which grants access to funding information, project evaluations, and funding rounds. The protocol allows projects to conduct single or multiple funding rounds, offering flexibility to both project teams and investors. Its governance is managed by PLMC token holders, an on-chain council, and a technical committee. Any PLMC holder can submit a proposal, leading to a token-holder vote with sufficient support.

Polimec provides access to fundraising, overseeing token issuance, distribution, and conversion to the mainnet. It enhances value creation for Web3 projects, enables diverse stakeholders to join funding rounds, and reduces information asymmetry between participants and issuers to expand their community. The Evaluation Round is a 28-day period during which evaluators conduct due diligence on a project, examining its whitepaper, team, tokenomics, and more.

Evaluators must bond their PLMC tokens to support a project, and if 10% of the target funding amount is bonded, the project moves to the Funding Round. Evaluators are incentivized with rewards for successful project evaluations, while unsuccessful ones may result in slashed tokens, encouraging thorough assessments. Apillon, an infrastructure solution for Web3 developers, is the first project on Polimec, followed by Mandala Chain, Gotem, and ImpactScope.

Polimec brings decentralized fundraising to Polkadot, providing a transparent way for teams to raise funds and issue tokens while maintaining regulatory compliance ². The first project featured on Polimec is Apillon, an infrastructure solution for web3 developers. The start of the first Evaluation Round on Polimec allows investors to appraise projects and decide whether they should advance to the Funding Round. Other projects set to raise funds on Polimec include Mandala Chain, Gotem, and ImpactScope. Polimec maintains decentralization for web3, providing a regulatory-compliant environment connecting investors and startups globally. To participate, users must obtain a Deloitte KYC Credential, granting access to funding information, project evaluations, and funding rounds. Projects can conduct single or multiple funding rounds, while investors can participate in rounds meeting their criteria. Governance is determined by PLMC holders, an on-chain council, and a technical committee. Any PLMC holder can submit a proposal, resulting in a token-holder vote with required backing.