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## Web3 Entertainment Platform Playbux to Raise $150,000 Through Token Sale

Web3 entertainment platform Playbux is set to raise $150,000 from the public through a token sale later this month. The funding will not be secured through an initial coin offering, but rather through a fair community offering, which allows engaged users of the platform to gain pre-listing access. This innovative approach will be facilitated by crypto investing platform Raiser.

### The Fair Community Offering (FCO) and its Benefits

The fair community offering (FCO) establishes a ranking system for a project’s users based on various activities such as on-chain activity, referrals, educational quizzes, and following specific profiles. This ranking then provides users with the opportunity to invest in the project’s token before its listing on centralized exchanges. This alternative fundraising mechanism presents a departure from the more traditional initial coin offerings (ICOs) that were previously associated with fraudulent activities in the crypto space.

### Evolution of Fundraising Mechanisms in the Crypto Space

The rise and subsequent decline of ICOs as a popular fundraising method in the crypto industry have paved the way for new trends such as airdrops. Centralized crypto exchanges now impose stricter requirements on projects, including token supply lock-ups and vesting, to prevent large-scale dumping of tokens post-listing. Raiser’s FCO process caters to these stringent listing requirements while offering community members early access to tokens, thereby mitigating the risk of mass selling upon listing.

### Playbux’s FCO and Future Plans

Playbux is expected to conduct its public FCO for the PBUX token in late January, as confirmed by Raiser’s co-founder Kori Leon. The platform, which was part of Binance Labs’ incubation program and Visa’s Asia Pacific 2023 accelerator program, offers metaverse-focused experiences such as shop-to-earn features and customizable avatars.

### How AI legalese decoder Can Help

AI legalese decoder can play a crucial role in this context by assisting in deciphering and translating complex legal contracts, regulatory documents, and token sale terms. It can help users navigate the intricacies of token offerings and identify any potential legal or compliance issues. The tool’s advanced algorithms and natural language processing capabilities make it a valuable resource for both industry professionals and novice investors, ensuring a deeper understanding of the legal implications and risks associated with token sales and community offerings.

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