Polimec, a decentralized funding protocol, has launched to kickstart a new era of community-funded Polkadot projects. This protocol offers a transparent way for teams to raise funds and issue tokens while adhering to regulatory requirements.

The first project featured on Polimec is Apillon, an infrastructure solution for web3 developers. As the first Evaluation Round begins, investors have the chance to assess projects and decide if they should move to the Funding Round. Upcoming projects seeking funds on Polimec include Mandala Chain, Gotem, and ImpactScope.
Polimec is designed to uphold the decentralization essential to web3, providing a regulatory-compliant platform that connects investors and startups globally. To participate in a project, users must obtain a Deloitte KYC Credential, which grants access to funding information, project evaluations, and funding rounds.
Projects can conduct one or multiple funding rounds on Polimec, while investors can choose rounds that match their criteria. Protocol governance is managed by PLMC holders, an on-chain council, and a technical committee. Any PLMC holder can submit a proposal, which leads to a token-holder vote if it receives enough support.
Polimec empowers emerging web3 projects within the Polkadot ecosystem to achieve their funding goals, enhancing their potential to develop transformative blockchain solutions and increase adoption by addressing real-world problems. Simultaneously, Polimec provides web3 investors with access to projects committed to transparent and compliant fundraising.
The initial Evaluation and Funding Rounds on Polimec offer the Polkadot community a glimpse into the future of web3 fundraising, allowing them to evaluate some of the most innovative projects seeking capital to bring their ideas to life.