# Web 3.0 Metaverse Payment Network PAY DAo

The Metaverse economic system will usher in major changes: PAY DAO, the world’s first Web 3.0 decentralized payment network on the Metaverse platform, announced that it will launch a community donation program on its official website on August 16 and open it to everyone.

## **What is community giving?** <a href="#id-625a" id="id-625a"></a>

Community donation is a relatively innovative and attractive way to issue tokens, which allows fair and equitable distribution of tokens to the community. Compared with traditional fundraising methods, community donations better reflect the free will and ownership of the community. Anyone can participate, there is no whitelist, and participants do not need to complete community tasks. The donation amount for a single address is fixed and extremely low, first come first Yes, fair distribution.

<figure><img src="https://miro.medium.com/v2/resize:fit:700/1*6BZ5gT5UjDpZNEgtVA-wvQ.png" alt="" height="437" width="700"><figcaption><p>community donation</p></figcaption></figure>

PAY DAO is creating a community donation. On the donation page at [http://paydao.pro,](http://paydao.pro,/) anyone can access community donations participating in PAY DAO.

## **Upcoming Community Giving** <a href="#id-5d3c" id="id-5d3c"></a>

PAY TOKEN is a Bep 20 utility token issued based on Binance Smart Chain, referred to as “PAY”. PAY is a universal payment digital currency in the Metaverse, and is the core of the future Metaverse economic system.

Total initial issuance of PAY: 1 billion

Hard cap: 618 million PAY

Soft cap: 300 million PAY, after the community donation ends, all unfinished PAY will be destroyed

Fixed donation ratio (BSC): 100 USDT: 10000 PAY

Additional Rewards:

5% USDT+5% PAY will be rewarded for every recommended address to complete community donation;

For every 10 addresses recommended to complete community donations, 1 super NFT will be given away;

For every 10 super NFT tasks completed, 1 Genesis NFT will be given away.

Rewards can be accumulated on a first-come, first-served basis. After the donation, you can receive PAY tokens and NFTs on the official website.

For PAY tokens, the team does not have any reservations and holdings.

## **About PAY DAO** <a href="#id-0f53" id="id-0f53"></a>

PAY DAO is a Web 3.0 decentralized payment network for the global metaverse platform. It aims to allow hundreds of millions of Cosmos users, developers, merchants, suppliers and ecosystem partners to easily participate in the economic prosperity of the Metaverse through payment and mining between PAY tokens. Make the PAY Metaverse Universal Payment Token available on tens of millions of Metaverse platforms and networks around the world through the upcoming PAY payment service and app.

<figure><img src="https://miro.medium.com/v2/resize:fit:700/1*6Dmdy1mTQK-BUwhYapspng.png" alt="" height="394" width="700"><figcaption></figcaption></figure>

PAY DAO is building a set of payment technology and product foundations centered on the PAY token. With a view to realizing a fully functional digital economy metaverse in the near future. In addition to being a leader in Metaverse payments, the project is also aimed at the near future, where PAY intends to establish long-term partnerships, joint venture communities and alliances with content developers in the Metaverse sports, gaming and other entertainment sectors. Create a metaverse digital economic system exclusively served by PAY DAO’s PAY token payment system and financial platform.

For more information about the project or PAY mining, see the white paper: <https://drive.google.com/file/d/1ZlnVLvJL6M3heD0SPu9lKvpUlGsYQd6g/view?usp=sharing>

## **Follow us** <a href="#id-058d" id="id-058d"></a>

Official website: [https://paydao.pro](http://paydao.pro/)

English Telegram : <https://t.me/paydaoannouncementchanel>

Twitter: <https://twitter.com/PayDAO_Meta>

Medium: <https://medium.com/@paydaobinancesmartchain>
