Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

Polimec

DeFi

Polimec is a decentralized community-driven funding protocol developed on Polkadot to accelerate the Web3 ecosystem. The open-source and module-based blockchain system facilitates fundraising in a regulatory compliant and sustainable manner using on-chain credentials.

Polimec provides an automated framework for projects to raise funds within a broad and diverse community with transparent and fair access for all. The protocol provides access to fundraising and governs the issuance, distribution, and conversion of tokens to mainnet.

Polimec maximizes value creation for Web3 projects, allows different stakeholders to participate in funding rounds, and minimizes information asymmetry between participants and issuers to grow their community. The underlying reward mechanism ensures that the interests of the various participants and projects are aligned for sustainable fundraising.

Using on-chain credentials from KILT enables user verification for KYC/AML (know your customer, anti-money laundering) and other regulatory purposes while staying pseudonymous. This allows network participants to comply with relevant regulations in a decentralized and efficient process - while preserving data privacy.

Furthermore, the native PLMC token enables access to participate in fundraises and a variety of additional functionalities such as staking, gamified social credit building, and more.

Status
Announced
 Testing
Parathread on Polkadot
Parathread
In Auction on Polkadot
Auction
polkadot
Polkadot
October 25, 2023
August 28, 2025
~467 days remained
Auction 51: WINNER
Leasing: October 25, 2023 - August 28, 2025
Crowdloan ID: 3344-71 
Funds Raised: 75 257 DOT ($541 097)
Leading Blocks:  98.95%
Reward: no rewards (self-funded)
Partners (2)
Developer Activity
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News
Dec 1, 2023 at 13:54 UTC
Oct 7, 2023 at 02:14 UTC
Polimec is a decentralized community-driven funding protocol developed on Polkadot to accelerate the Web3 ecosystem. The open-source and module-based blockchain system facilitates fundraising in a regulatory compliant and sustainable manner using on-chain credentials.
Last Bid: 75 257 DOT
Slot Acquisition: self-funded crowdloan
Leading Blocks: 98.95%
Leasing Period: October 24, 2023 - August 28, 2025

Polimec has won Polkadot Auction #51
Feb 22, 2023 at 13:21 UTC
Jan 12, 2023 at 10:39 UTC