Funding Process
Last updated
Last updated
© Polimec 2024.
Polimec deploys a rule- and blockchain-based framework for raising funds in an automated, trustless, and disintermediated manner. The following section provides a detailed overview of the entire funding process on Polimec in chronological order.
Polimec’s funding process:
Polimec can, due to its modular structure, also conduct a fixed-price fundraise without an auction round.
Polimec’s funding process without an auction round:
The main difference between these two options is the price-finding mechanism. In the auction round, as the name suggests, professional and institutional participants bid on the contribution tokens starting with a minimum price set by the issuer in the specifications, but this price can increase if demand is high. Conversely, the option without the auction round provides a fixed-price fundraise. To give participants enough time to prepare, the community round in the option without the auction round is extended to a maximum of 14 days (instead of 7 days). For further information, visit the auction round section.