There’s no doubt that launchpads have altered the fundraising model for decentralized finance projects. Before the advent of crypto launchpads, entrepreneurs launched their projects by creating websites. This model didn’t quite turn out well because these projects were incapable of raising enough cash to kickstart operations. This is how cryptocurrency launchpads emerged.
CoreStarter is the First-Ever cryptocurrency launchpad with a mission to break the barrier of rewarding high stakers and neglecting small investors. CoreStarter is a cross-chain fundraising platform built on Solana, with Ethereum, Binance, Cardano, and Polkadot blockchains to follow, with an NFT marketplace and high yield staking.
CoreStarter’s unique dimensional approach: what the platform will bring to the multi-chain crypto space
The project intends to redefine the crowdfunding infrastructure by giving power to small investors. The narrative has always been empowering high-yield investors and rewarding them hugely. This is common amongst a significant number of launchpads in the blockchain industry. It is not right, and these small investors are always at the disadvantage.
CoreStarter has changed this by creating a model that rewards smaller investors a higher APY. This model is called the reverse algorithm. No more will investors with large holdings be given the highest APY. Long-term stakers alongside low token holders are rewarded for their loyalty. Low token holders have higher rewards to create a level playing ground for all investors.
Investors are required to use the platform’s governance token CSTR. CSTR gives investors the power to partake in a fundraising event, stake and participate in other activities on the platform.
Bringing interoperability to the Forefront
Aside from empowering small token holders, the project has an innovative platform, solves the problem of interoperability. This refers to the ability to support operations across different blockchains. Lack of interoperability between chains has hindered the growth of the ecosystem. Each chain can only support their own native assets and not others. This causes friction in the transfer of assets from one chain to the other.
CoreStarter solves the issue of interoperability by reducing fragmentation of liquidity across chains and bridging the gap between investors of various chains. Thanks to the project’s unique decentralized and trustless infrastructure, investors can move their assets across chains and provide liquidity from supported chains. Since CoreStarter supports several blockchains, providing liquidity for startups and DApps is seamless.
The NFT marketplace is one of the significant use-cases of the platform. Members can buy and sell NFT on the marketplace using the CSTR token.
CoreStarter plans ahead of its Mainnet launch and TGE
The CoreStarter team is excited about its planned mainnet and Token Generation Event slated for the last quarter of this year. As of now, the project will be launching fully on the Solana and other supported blockchains, which precedes its Initial Dex Offering and CEX listing. The mainnet launch and TGE comes after the protocol’s testnet and completion of its seed and private sale earlier in August.
CoreStarter is a cross-chain fundraising launchpad with high APY built on Solana giving power back to the small investors. With its decentralized infrastructure, token holders verify every DeFi project before providing liquidity to the project.
CoreStarter is the first decentralized launchpad that provides true interoperability and equal learning opportunities.
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