Corestarter’s Multichain IDO Launchpad and NFT Marketplace to Launch on Solana

Corestarter’s Multichain IDO Launchpad and NFT Marketplace to Launch on Solana
фото показано с : zycrypto.com

2021-11-2 13:13

Blockchain startups require funds to develop their projects and a community of early investors who form the core of their communities. The importance of community to any crypto project can never be over-emphasized. These requirements–funds, and communities–make startups seek out launchpads to build a solid community base and help raise funds to further the project.

Corestarter is one of such platforms and more, as it is an IDO launchpad, NFT marketplace, with staking and governance features, and an NFT game to come. Built to encourage blockchain interoperability, Corestarter gives everyone a fair chance to participate in fundraisers, eliminating the lottery models adopted by other launchpads.

How Corestarter is bringing DAO, DeFi, IDOs, and NFTs together

The Corestarter ecosystem is primarily an IDO and NFT launch pad, built specifically to help blockchain startups and NFT collections launch their products. Projects featured on Corestarter will undergo a rigorous manual vetting procedure to ascertain their authenticity and protect the Corestarter community. The platform also has a Corestarter Vault that insures investors against attacks and loss of funds.

Corestarter has a native token, $CSTR, which doubles as a governance token and is the accepted medium of exchange within the ecosystem. Users can buy NFTs with the $CSTR token, stake $CSTR to receive staking rewards, and participate in governance proposals. Users can enjoy up to 75% in APR yields on their staked $CSTR. Staking $CSTR also allows a user to participate in IDO fundraisers, giving the token even more utility. $CSTR has a total supply of 100,000,000 and is subject to token burns in the future based on the community’s decisions.

The Corestarter community governs the ecosystem, making proposals and plotting the way ahead for future decisions by voting on propositions. By staking a predefined amount of $CSTR tokens, community members become eligible to vote on proposals. Voting power is directly proportional to the number of staked tokens, and higher stakes get higher voting power.

Corestarter also features an NFT marketplace, where users can trade NFTs using the $CSTR token. An NFT game is also in the works, scheduled for release in 2022, and it will feature play-to-earn rewards in $CSTR.

Creating a Levelled Playground for Investors

Most DeFi projects that promise high APYs for yield farmers favor investors with fat pockets with a stake more and earn more policy. Corestarter uses a different approach, as it positions to attract all kinds of investors and rewards member loyalty. Smaller investors enjoy higher staking returns on Corestarter, and the platform focuses on measuring loyalty not by the number of tokens held but by the length of commitment. Long-term stakes, no matter how little, get to enjoy higher yields as they represent loyalty to the Corestarter platform.

Core starter aims to put power in the hands of the community and create a leveled playing field for all kinds of investors. Through the loyalty scheme, both large and small token holders have a fair chance of reaching the top tier since the guaranteed allocations are not awarded based on the number of staked tokens.

Why Corestarter?

Corestarter runs on the high-powered Solana chain, and deployment on other chains like BSC, Matic, and Ethereum is soon to follow. Solana is known for fast transaction speeds and low gas fees, another plus for Corestarter.

The platform offers a fair chance for all investors to participate in IDOs. All wallets that stake $CSTR get guaranteed and FCFS slots in fundraisers. Also, Corestarter offers high staking rewards for users and an extensive token utility bound to add value to the entire ecosystem.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Waves Community Token (WCT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 1.05 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.1615 (-100%)

community core form investors communities any over-emphasized

community core → Результатов: 126


Hummingbot Review [2021] – IS Hummingbot legit & safe to use?

About Hummingbot Hummingbot is an open-source software designed to perform customizable market making, this function lies at the core of a concept referred to as liquidity mining. Hummingbot is a community driven project that has a team of developers all around the globe, working on a program that aims to bring easy-to-use automated trading software […] The post Hummingbot Review [2021] – IS Hummingbot legit & safe to use? appeared first on CaptainAltcoin.

2021-10-14 01:22


After mainnet launch, The Graph team unveils Edge & Node aimed at building up protocol

CryptoNinjas » After mainnet launch, The Graph team unveils Edge & Node aimed at building up protocol Edge & Node, a new software development company founded by the core protocol team behind The Graph, today announced a 2-year service agreement with The Graph Foundation to help maintain the core protocol and build new trust-minimized tools and applications alongside The Graph community.

2021-2-10 00:28


Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech

With support from the Hong Kong community, industry leaders from across the world will converge at the largest virtual event for business, regulators, and technology. The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the […]

2020-9-23 10:38


Ethereum Developer Challenges Hackers to Break ETH2 Testnets; Collect $10k Reward

Danny Ryan, one of the core developers of the Ethereum developer community, has challenged white hat hackers to hack into a pair of ETH2 testnets. Ethereum's most significant upgrade since its inception where the Ethereum mainnet will transition from Proof-of-Work (PoW) based mining consensus to Proof-of-Stake (PoS) and has been dubbed Ethereum 2.0. The transition […]

2020-7-22 23:13


Фото:

Amendments: Ensuring Sensible Evolution of the XRP Ledger

The XRP Ledger (XRPL) was designed to provide a robust feature set for the foundation of the digital asset XRP in addition to settling payments and exchanging digital assets of all kinds. The open source community of developers supporting innovation on XRPL continue making core improvements to the technology to ensure performance, stability, security, quality, … Continued The post Amendments: Ensuring Sensible Evolution of the XRP Ledger appeared first on Ripple.

2020-2-12 03:15


Фото:

Tiny Block Advocates Speak Up After Veriblock ‘Abuses’ Bitcoin’s Block Size

The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an end when a few Bitcoin Core developers found out where the transactions derived from and got upset at the Veriblock project for using scarce block […] The post Tiny Block Advocates Speak Up After Veriblock ‘Abuses’ Bitcoin’s Block Size appeared first on Bitcoin News.

2019-9-19 03:20


Bitcoin.com Reinstates Bitcoin Cash (BCH) as the “Default Buy” Amidst Doubt of Switching Allegiance to Bitcoin Core (BTC)

Bitcoin.com recent “technical mix up” raises doubt in the BCash community. Is the website moving towards Bitcoin Core? Bitcoin.com default buy button reinstated to BCH Bitcoin.com, a Bitcoin Cash proponent, witnessed technical issues on its website as Bitcoin (BTC) replaced BCH on the default ‘Buy Bitcoin’ button on the platform. A post on the official […]

2019-8-12 19:06


Nebulas Guardian persisted on the implementation of Community Governance and Core Vision

On June 25, 2019, the majority of Nebulas Foundation council members and the entire Nebulas Research Institute jointly made an announcement on the Nebulas community forum. They indicated that they would firmly insist on the implementation of the Nebulas community governance following the principals in the Nebulas community governance orange paper and thus to practice Nebulas’ […] The post Nebulas Guardian persisted on the implementation of Community Governance and Core Vision appeared first on AMBCrypto.

2019-6-26 11:00