PAID

PAID NetworkPAID

Rank #623
Token
On 21,962 watchlists

PAID Network Price (PAID)

$0.5317
4.04%

0.000008663 BTC5.94%

0.000124 ETH2.06%

Low:$0.5028
High:$0.5626
24h
PAID  PAID Network PAID
Price:
$0.5317
 4.04%
Market Cap
$44,171,203
4.04%
Fully Diluted Market Cap
$316,231,250
4.04%
Volume
24h
$516,099
35.78%
Volume / Market Cap
0.01168
Circulating Supply
83,070,175.00 PAID
14%
Max Supply
594,717,455
Total Supply
594,717,456
Sponsored

PAID Network to USD Chart

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PAID Price Live Data

The live PAID Network price today is $0.531734 USD with a 24-hour trading volume of $516,099 USD. We update our PAID to USD price in real-time. PAID Network is up 4.04% in the last 24 hours. The current CoinMarketCap ranking is #623, with a live market cap of $44,171,203 USD. It has a circulating supply of 83,070,175 PAID coins and a max. supply of 594,717,455 PAID coins.

If you would like to know where to buy PAID Network, the top exchanges for trading in PAID Network are currently BitMart, Uniswap (V2), Hotbit, and 0x Protocol. You can find others listed on our crypto exchanges page.

What is PAID Network?

PAID Network is a comprehensive business toolkit for all business transaction needs. Traditional legal contract systems obligate the participants to employ legal counsel, using long and complex contracts filled with legal jargon that is difficult to understand. PAID’s SMART Agreements are simplified business contracts which are written in easy-to-understand language and signed on-chain, between two parties conducting business with one another.

To support this process, escrow, insurance, dispute arbitration and resolution have been developed to deal with disputes. Escrow functions as an intermediate store of value to reduce transaction risk between parties, while insurance allows either party to insure their contract against default. In the event of a dispute, three arbitrators are selected at random from the community. Arbitrators gain the rights to arbitrate by staking PAID tokens. Chainlink’s random number generator is the mechanism by which arbitrators are selected. Furthermore, biometrically-enabled reputation scoring prevents bad actors from creating new accounts to defraud future business contacts, and allows other business contacts to view others’ transaction histories and feedback.

In addition to the features mentioned above, PAID also utilizes DeFi tools such as borrowing, lending, and insurance pooling. PAID holders can deposit their tokens into liquidity pools for lending and insurance, while also being able to take out loans for their business endeavors, with loan applicants vetted using the reputation scoring system. Finally, PAID also employs a DAICO model, to organize and collect investment for new projects. New blockchain projects are monitored and measured against their project roadmaps, with accountability to investors not seen in traditional ICOs. In the event a project is falling well short of it’s promises to investors, those investors can receive refunds from the respective company. This risk-mitigation strategy reduces overall risk for investors and forces new projects to be better prepared.

Who are the founders of PAID Network?

CEO Kyle Chasse has been in blockchain since 2012, with investments into over 40 different companies including Kraken, Coinbase, Ripple, Abra, Bitstamp, Bnktothefuture, Bitfinex, Circle, and many many others. The full portfolio of his investments are here https://master.ventures/portfolio . In 2013 he built World Super Lotto, the world’s first Bitcoin based lottery. It was launched in 2014 and it ran until 2015. Kyle is a keynote blockchain speaker and an advisor to multiple crypto projects including Hathor, PlasmaPay, Elrond, and others. His extensive background in the crypto industry positions him well to lead PAID Network.

Lawrence Hutson, Chief Technology Officer, is the founding CTO of Travelocity, founded in 1995 and the third largest company under the Expedia group, with over 12.4 million unique visitors and 91 million page views. Lawrence has been a CTO for over 32 years, bringing his long and varied experience to PAID Network’s technical team. Dane Hoy, Business Development Officer, has been in the blockchain industry for over five years, bringing his entrepreneurial experience from multiple blockchain companies and blockchain accelerators including Block Nexus, Crypto Council, and Master Ventures, with strategic advisory positions for several blockchain companies, investment firms, and governments.

What makes PAID Network Unique?

PAID is the first to develop SMART Agreements, simplified business contracts able to be signed on-chain. Using this proprietary technology as a basis to build upon other aspects of business transactions, PAID comes closer to providing a viable alternative to domestic and international business transactions than previous blockchain projects. The comprehensiveness of tools in the business toolkit are a defining feature of PAID Network, allowing users to establish, track and complete business transactions in a wide variety of business scenarios.

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PAID Price Statistics

PAID Network Price Today
PAID Network Price$0.5317
Price Change24h$0.02067
4.04%
24h Low / 24h High
$0.5028 /
$0.5626
Trading Volume24h$516,098.62
35.78%
Volume / Market Cap0.01168
Market Dominance0.00%
Market Rank#623
PAID Network Market Cap
Market Cap$44,171,202.68
4.04%
Fully Diluted Market Cap$316,231,249.56
4.04%
PAID Network Price Yesterday
Yesterday's Low / High
$0.5061 /
$0.5716
Yesterday's Open / Close
$0.5583 /
$0.5145
Yesterday's Change

7.85%

Yesterday's Volume$537,435.00
PAID Network Price History
7d Low / 7d High
$0.5028 /
$0.6621
30d Low / 30d High
$0.418 /
$0.6621
90d Low / 90d High
$0.3593 /
$1.58
52 Week Low / 52 Week High
$0 /
$6.38
All Time High
Feb 18, 2021 (8 months ago)
$6.38
91.67%
All Time Low
Jun 16, 2021 (4 months ago)
No Data
PAID Network ROI
No Data
PAID Network Supply
Circulating Supply83,070,175 PAID
Total Supply594,717,456 PAID
Max Supply594,717,455 PAID