Paid Network (PAID)
Basics
"A decentralized finance (DeFi) app that loosely describes itself as a smart contract program for businesses."
History
Token
Launch
Token Allocation
Utility
Other Details
Stablecoin
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on:
- Programming language used:
Transaction Details
How it works
Mining
Staking
Liquidity Mining
Scaling
Interoperability
Other Details
Privacy Method
Compliance
Oracle Method
Their Other Projects
Governance
DAO
Treasury
Upgrades
Roadmap
- Can be found [Insert link here].
Audits
- Bug bounty program can be found [insert here].
Bugs/Hacks
"Has been exploited through the contract’s token minting feature. Some 60 million PAID tokens, worth about $37 million at press time, have been wrongly created."
"@n2ckchong’s finding seems to correlate with this suggestion, as he pointed out that “Paid Network's deployer, an EOA, transferred ownership of a contract to the attacker 30 mins before the mint.”"
- Incidentaly, Paid had a partnership announcement with PolkaCover the same day. The announcement seems to be just before the hack.
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
Team, Funding, Partnerships, etc.
Team
- Full team can be found [here].
- Kyle Chasse; CEO "a Youtuber and self-proclaimed “master disruptor crypto OG”" (5-3-2021)
Funding
Partners
- PolkaCover; just before their hack on the same day, they partnered with PolkaCover (5-3-2021).
(:
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