Polimec Announces Integration with Banxa, Simplifying Web3 Fundraising on Polkadot with Fiat Payments

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Polimec Announces Integration with Banxa, Simplifying Web3 Fundraising on Polkadot with Fiat Payments
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Polimec, a decentralized Web3 fundraising protocol on Polkadot, is excited to announce its integration with Banxa, a prominent fiat-to-crypto gateway. This integration allows users to invest in blockchain projects using credit cards, introducing a new user experience and making it easier for both experienced and new investors to participate in Web3 fundraising.

By incorporating Banxa’s fiat-to-crypto gateway, Polimec significantly lowers the barriers to entry for Web3 fundraising. The integration enables both crypto veterans and newcomers to participate in blockchain fundraises using familiar fiat currencies, such as USD and EUR, removing the need for complex conversions.

“This partnership with Banxa enhances Polimec’s mission to streamline Web3 fundraising,” said Flavio Bianchi, Foundation Council at Polimec. “By integrating Banxa’s fiat-to-crypto gateway, Polimec is making the onboarding process more inclusive, allowing for broader participation and creating new opportunities for all types of investors.”Step 2: Pay with a fiat currency, such as USD or EUR, using a credit card.

With Banxa now integrated, Polimec is advancing toward its goal of making multichain Web3 investments more accessible on a global scale.is a permissionless fundraising infrastructure protocol providing an automated framework for projects to raise funds within a broad and diverse investor base with transparent and fair access for all. The protocol allows access to fundraising and governs the issuance, distribution, and conversion of tokens to mainnet.

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