We are excited to announce that Avalanche has been integrated for use within PAID’s Ignition and Apollo-X launchpads.
Avalanche is a highly secure proof-of-stake protocol that is one of the fastest smart contract platforms in the blockchain space, as measured by time-to-finality. Its integration onto PAID Network, Ignition, and Apollo-X is a key development that will allow us to expand our ecosystem to include Tier 1 projects that are being built on AVAX, and give them the opportunity to launch as IDOs and INOs.
Avalanche has received much attention both from inside and outside the crypto and blockchain industry, and its unique proof-of-stake functionality has allowed it to gain the reputation of being a leading next-generation network. Today, it’s an attractive solution for developers who want to push technical concepts to new heights within an incentivized ecosystem that currently hosts over 350 projects.
“As the cryptocurrency and blockchain space advances year by year, new systems and networks like Avalanche are gaining momentum for their abilities to challenge the status quo and provide more scalable, fast, and cost-effective solutions than Ethereum.
Integrating Avalanche onto PAID Network will allow us to expand our activities into the AVAX ecosystem and give Tier 1 projects within it a chance to launch on Ignition and Apollo-X”.Kyle Chassé, CEO of PAID Network
Stay tuned for more announcements from PAID Network, including updates about our groundbreaking dApp that will make business exponentially more efficient and upcoming news regarding future Tier 1 IDO and INO opportunities on Ignition and Apollo-X.
Avalanche is a layer one blockchain that functions as a platform for decentralized applications and custom blockchain networks. It is one of Ethereum’s rivals, aiming to unseat Ethereum as the most popular blockchain for smart contracts. It aims to do so by having a higher transaction output of up to 6,500 transactions per second while not compromising scalability.
- Telegram: https://t.me/avalancheavax
- Twitter: https://twitter.com/avalancheavax
- Medium: https://medium.com/avalancheavax
- Website: https://www.avax.network/
About PAID Network
PAID Network seeks to redefine the current business contract, litigation, and settlement process by providing a simple, attorney-free, and cost-friendly DApp for users and businesses to ensure they #GetPAID. Leveraging Plasm to operate on both Ethereum and Polkadot ecosystems, SMART Agreements built through smart contracts execute DeFi transactions and business agreements seamlessly, making business exponentially more efficient.
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