Hassan Maishera
Crypto accelerator and launchpad Raiser announced on Monday, January 1st, that it has introduced a novel fundraising model it calls a Fair Community Offering (FCO). this comes as Raiser seeks to democratize the way users invest in crypto projects.
In a press release shared with Cryptowisser, the team said this innovative approach marks a major departure from traditional web3 financing models such as ICOs, IEOs, and IDOs by meritocratically rewarding dedicated, engaged community members and early supporters at a project’s pre-exchange listing stage.
Fair Community Offering: A Paradigm of Equitable Investment
Raiser’s Fair Community Offering differs from existing launchpads since it advances a merit-based approach, ensuring early-stage capital is sourced from passionate backers who share a venture’s vision and values.
The team explained that this equitable system rewards user engagement and knowledge, with a unique gamified ranking system prioritizing genuine supporters for potentially highly lucrative pre-listing investments.
Playbux will be the first project Raiser will support. Playbux is a cutting-edge web3 entertainment platform backed by industry giants Binance Labs and VISA. The Playbux FCO, orchestrated by Raiser and market maker partner Kairon Labs, is scheduled for January 2024 with an exact date still to be confirmed.
While commenting on this latest development, Raiser’s Co-founder and CEO Kori Leon, who previously served on the listing team at leading digital asset exchange Binance, said,
“Our goal is to effectively support both the community and centralized exchanges, who show belief in the potential success of new projects through initial listings. Our unique platform rewards active community members and so assists exchanges in their strategic decisions.”
Playbux is also ranked as the number one most active dApp on the BNBChain with over 16 million users. It also has more than 1.3 million active monthly users. The dApp also boasts several impressive features such as a shop-to-earn mechanism that connects community members with over 26,000 global merchants for cashback and rewards.
Unique Ranking System: Elevating Engagement Over Speculation
The Fair Community Offering (FCO) sales are designed to recognize and reward those who demonstrate genuine engagement and knowledge about a project.
The team revealed that to participate in the early-stage investments, users would be required to perform specific actions on Raiser to prove their dedication to a project’s success.
The unique ranking system creates a healthier token launch environment and helps to mitigate selling pressure on CEXs where earlier backers simply look to sell instead of caring about the project’s long-term success.
Raiser chose Playbux as its first FCO thanks to the latter’s impressive community engagement metrics and tokenomics, which are thoughtfully designed to benefit community members. With the FCO, Raiser intends to further incentivize and engage these active users within the Playbux ecosystem, deepening their involvement in the project's success.
Token-Free Launchpad: A Commitment to Fair Play
Raiser added that it operates without a token in a bid to advocate for informed investment via proper education. The elimination of a token shows that Raiser believes that passion and commitment to a project should be the key drivers for investment opportunities, not the possession of a launchpad token.
The Raiser team is composed of industry veterans such as top-tier market makers and project founders, as well as several former Binance team members.
Raiser is a crypto accelerator and launchpad committed to giving equal opportunity to users who wish to invest in the future. By focusing on community-driven projects through its unique Fair Community Offering (FCO) funding model, Raiser aims to transform the web3 fundraising landscape and promote a more meritocratic approach.
Meanwhile, Playbux is a web3 entertainment platform on the BNB Chain. With commerce, DeFi, NFT and metaverse activities integrated into its dApp, Playbux acts as a gateway to the blockchain world, enabling users to purchase real-world merchandise and receive codes that can be used to redeem metaverse items or digital PBUX tokens.
