> For the complete documentation index, see [llms.txt](https://paidnetwork.gitbook.io/paid/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://paidnetwork.gitbook.io/paid/about-paid/token-raise-mechanics/lowfdv-community-offering-lco.md).

# LowFDV Community Offering (LCO)

The LowFDV Community Offering (LCO) model is PAID's answer to the flawed, high-FDV fundraising systems. LCOs launch projects at realistic valuations with fair access for all participants, creating sustainable growth instead of quick flips.

## What is a LowFDV Community Offering (LCO)

A LowFDV Community Offering (LCO) is a fundraising mechanism that ensures genuine upside for retail participants by launching projects at fair valuations.

<figure><img src="/files/87RmkXr2cyR5kJxBGhSQ" alt=""><figcaption></figcaption></figure>

### Key features of the model

* **Ultra-Low FDV** - Projects launch at reasonable valuations while traditional IDOs suffer from high valuations
* **Better pricing for all participants** - Fair access for everyone versus VCs getting private round discounts
* **Capped allocations per participant** - Maximum allocation limits prevent whale dominance
* **Gradual token unlocks for price stability** - Smart vesting schedules versus extreme volatility due to low float

### **What this achieves**

* **Fair Market Entry** - Backers enter at ground-floor valuations, not inflated prices
* **Broad Distribution** - Tokens spread across hundreds of participants, not concentrated in a few wallets
* **Aligned Incentives** - Vesting ensures teams and backers work toward long-term value
* **Sustainable Growth** - Projects build genuine communities instead of farmers and airdrop hunters