Raiser Launches Fair Community Offering (FCO) for Playbux

In an effort to democratize the process of investing in cryptocurrency projects, Crypto Launchpad & Accelerator Raiser has announced the launch of a new fundraising model known as a Fair Community Offering (FCO). By meritocratically rewarding committed, involved community members and early supporters during a project’s pre-exchange listing stage, the novel technique represents a significant shift from conventional web3 fundraising models like ICOs, IEOs, and IDOs.

By promoting a merit-based strategy and guaranteeing that early-stage funds is obtained from ardent backers who share a venture’s vision and values, Raiser’s Fair Community Offering provides an alternative to current launchpads, which sometimes cater to speculators rather than a project’s genuine supporters. In addition to rewarding user involvement and expertise, this fair approach has a special gamified ranking system that gives real supporters priority for potentially very profitable pre-listing investments.

Playbux, a cutting-edge web3 entertainment platform supported by industry heavyweights Binance Labs and VISA, is the initial project that Raiser will fund. Although a precise date has not yet been announced, the Playbux FCO, organized by Raiser and market maker partner Kairon Labs, is slated to take place in January 2024.

“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,” said Raiser’s Co-founder and CEO Kori Leon, who previously served on the listing team at leading digital asset exchange Binance.

With 16 million users, including 1.3 million active users each month, Playbux is now the most popular dApp on BNB Chain. Among its many remarkable features is a shop-to-earn mechanism that links community members with over 26,000 international merchants for cashback and incentives. Playbux achieved several milestones, one of which was becoming the most traded NFT on the BNB Chain.

Distinctive Ranking System: Increasing Participation Above Speculation

FCO sales are intended to identify and honor those who have sincere interest in and familiarity with a project. Users on Raiser must demonstrate their commitment to a project’s success by completing particular tasks in order to be eligible for early-stage funding. A healthy token launch environment is created by the distinctive ranking system, which assesses support levels and ranks users based on a variety of factors. It also helps to relieve selling pressure on CEXs, since some early supporters may have been motivated to sell rather than to care about the project’s long-term success.

Playbux was chosen by Raiser to be its first FCO due to the latter’s remarkable metrics for community involvement and tokenomics, which are carefully crafted to benefit community members. In order to increase these engaged users’ engagement in the project’s success, Raiser plans to further incentivize and engage them inside the Playbux ecosystem via the FCO.

Token-Free Launchpad: An Assertion of Fair Play

Raiser runs without a token, advocating for enlightened investing via education. By removing this component, the platform reaffirms its conviction that investment possibilities should arise more from a person’s enthusiasm and dedication to a project than from owning a launchpad token.

The Raiser team is made up of a number of former Binance team members as well as seasoned industry professionals including top-tier market makers and project founders. According to CEO Kori Leon, the accelerator and launchpad will back initiatives with strong foundations, long-term development strategies, and a dedication to developing solutions that promote broad cryptocurrency use.