Thursday, August 21, 2025
No Result
View All Result
CONTACT
First Crypto News
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
  • News
  • Bitcoin
  • Ethereum
  • Industry
  • Market Updates
  • Price
  • Coins
  • Press Release
No Result
View All Result
First Crypto News
No Result
View All Result

PAID NETWORK MVP

by firstcryptonews
December 29, 2020
in Press Release
Paid Network

While many across the world are winding down for the holiday season, the PAID Network team has been hard at work building our MVP protocol. We are pleased to announce that the first contract is now working, allowing for parties to sign Mutual Non-Disclosure Agreements (MNDA) on PAID Network. In addition to this, we have completed rigorous testing and have been pleased to see that it is working in line with expectations.

This represents an important first step for us as we build the world’s first decentralized SMART Agreements DApp to meet all your business needs from A-Z. Currently operating on the Rinkeby testnet, it allows anyone to create and sign a contract that is saved on the Ethereum network ledger forever. All your signed documents are then saved and available to view by connecting your Ethereum wallet to the protocol. Below is an illustration of how it works.

Image for post

This is the precursor to our full MVP product which will be completed ahead of our public sale in early to mid-January. In addition to MNDAs, the MVP will then be operational with a range of traditional agreement templates such as:

  • Partnership
  • Over-the-counter (OTC) deal
  • Advisor agreement
  • Freelancer/independent contractor agreement
  • Consulting agreement
  • Referral agreement
  • SAFT

In addition to expanding to include these contracts, we are also working to refine and polish the user experience. We will then move from testnet to mainnet.

PAID Network is building a DApp from the ground-up for the borderless decentralized world. The infrastructure we are creating will support a wide range of use cases, from traditional requirements such as business agreements and dispute resolution, to applications tailored for crypto users like OTC and SAFT contracts. Regardless of the specific nature of the agreement or dispute, PAID Network will bring about a revolution in how business can be enacted between two parties that do not trust each other.

Our MVP represents the first block upon which the rest of PAID Network’s functionality will follow, including SMART Agreements, insurance pooling, escrow, arbitration, reputation scoring, and community governed crowdfunding. We look forward to being able to share more with you in the coming weeks and months!

For any questions please feel free to reach out to us on:

Website: https://paidnetwork.com/
Telegram: https://t.me/paidnetwork
Twitter: https://twitter.com/paid_network
Medium: https://medium.com/@Paidnetwork

Related Posts

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

by firstcryptonews
August 21, 2025
0

Crypto philanthropy is charting new territory—and one promising frontier is the collaboration between Kame (stylized as $Kame) and SEE Turtles,...

Sliyd launches on Base with one-click digital wallets; The “100k Sliyd Drop” shows how easy onboarding can be

Sliyd launches on Base with one-click digital wallets; The “100k Sliyd Drop” shows how easy onboarding can be

by firstcryptonews
August 21, 2025
0

Built for campaigns with simple sharing, on-chain proof and fair distribution, Sliyd is turning attention into action and rewards. British...

Huddle: The Cross-Chain Web3 Dashboard Transforming Portfolio Tracking

Huddle: The Cross-Chain Web3 Dashboard Transforming Portfolio Tracking

by firstcryptonews
August 21, 2025
0

The Web3 space continues to expand at lightning speed, with users often juggling multiple wallets across several chains. For NFT...

Beast Seller: The Next Matt Furie Meme Coin With 100x Potential

Beast Seller: The Next Matt Furie Meme Coin With 100x Potential

by firstcryptonews
August 18, 2025
0

In the ever-evolving world of meme coins, one thing has remained true: when a Matt Furie character takes center stage,...

Why Multi-Chain Meme Coins Like TWG Are the Future of Crypto Communities

Why Multi-Chain Meme Coins Like TWG Are the Future of Crypto Communities

by firstcryptonews
August 18, 2025
0

In the fast-moving world of cryptocurrency, meme coins have often been dismissed as short-lived, hype-driven projects. Yet, some are proving...

Is the ‘Rich Dad’ Author Behind RDCD? The Hold-to-Earn Bet

Is the ‘Rich Dad’ Author Behind RDCD? The Hold-to-Earn Bet

by firstcryptonews
August 18, 2025
0

This project will pay a portion of the royalties from the forthcoming 《Rich Dad Crypto Dad: Crypto Awakening》 to wallets...

Next Post
This publicly listed company just bought $2 million worth of Bitcoin for its treasury

This publicly listed company just bought $2 million worth of Bitcoin for its treasury

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Grok xAI API Enhances Automation on On-Chain AI Platform Atua AI (TUA)

Grok xAI API Enhances Automation on On-Chain AI Platform Atua AI (TUA)

7 months ago
Bull-Bear Battle Escalates – Bitcoin Price Looks To Retest $8,500

Bull-Bear Battle Escalates – Bitcoin Price Looks To Retest $8,500

6 years ago
crypto savings platform

How to select a trusted crypto savings platform

4 years ago
Sleep Future Launches World’s First Sleep Wellness Sleep-To-Earn Ecosystem Build On Blockchain.

Sleep Future Launches World’s First Sleep Wellness Sleep-To-Earn Ecosystem Build On Blockchain.

3 years ago
World-leading blockchain Qi goes live!

World-leading blockchain Qi goes live!

3 years ago
Mansa AI (MUSA) Expands AI Ecosystem with Next-Gen Workflow Automation

Mansa AI (MUSA) Expands AI Ecosystem with Next-Gen Workflow Automation

5 months ago

First Crypto News

First Crypto News

First Crypto News is the Fastest Crypto News Portal. We Bring the Best and We Bring it Fast.

Bitcoin

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

Amid Chinese Crackdown, America’s Foundry USA Mining Pool Enters Top Ten Spot

June 21, 2021

Recent News

Atua AI Builds Intelligent Execution Models to Optimize Web3 Performance

Atua AI Builds Intelligent Execution Models to Optimize Web3 Performance

August 21, 2025

Press Release

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

Kame aka $Kame: A Novel Crypto Initiative Powering SEE Turtles Conservation

August 21, 2025

© 2020 First Crypto News

No Result
View All Result
  • Home
  • World
  • Science
  • Tech

© 2020 First Crypto News