CSP DAO invests in Paid Network (PAID)

We are proud to announce Paid Network as an addition to our portfolio.

A recent PwC survey revealed that 70% of surveyed law firms would utilize smart contracts for transactional legal services.

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 to execute business agreements seamlessly, and DeFi to make business exponentially more efficient.

Highlights

Tech:
-Leverages duel ecosystem of Ethereum and Polkadot via Plasm
-Alpha MVP is live, with MVP 1.0 coming this quarter
-Built to disrupt the legacy legal industry
-Functions as a one stop business tool for contracts, disputes, and payments
-Marketplace with rule-based engine powered by oracles via Chainlink
-Decentralized identity method through IPNFS
-Reputation and Identity system with biometrics to prevent fraud
-DeFi toolset to enable users to #GetPaid
-Integration with multiple web3 data protocols

DeFi:
-Staking — earn yield through diversified staking pools
-Insurance — earn as an LP within insurance pools and ensure payment
-Escrow — assurance for arbitrators to reward parties
-Lending/ Borrowing — earn from the peer to peer marketplace

Links:
https://paidnetwork.com/

https://twitter.com/paid_network

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🌎 Website:
https://cspdao.network/

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