CoreStarter: The Innovation of the Blockchain Technology
Introduction to CoreStarter
Since our inception in 2021 as CoreStarter, we have strived to provide a balance of all that’s needed to break through the DeFi world. We pride ourselves in offering solutions integrated across different blockchains and with high flexibility to give users all they have been seeking.
Blockchains integrations
Unlike many projects that focus on one kind of blockchain, CoreStarter has integrated across different blockchains for more interoperability. It has maximized blockchains such as Ethereum, Solana, Binance smart chain, Polka Dot, Caderno, etc. Its basis on different blockchains increases its flexibility and ensures that its high stake yields.
Goals and objectives of the platform
The main vision and goal of CoreStarter is to provide an opportunity for small investors to earn more money. From the platform’s algorithm, small investors can invest with any amount and stake their tokens up.
The longer they stake the CSTR tokens, the higher their chances of winning lottery tickets for the IDO. There is, however, a minimum of seven days required if you’re looking into getting the ID or sale.
Corestarter provides a decentralized finance protocol to help different startups do fundraising through staking rewards. This is all powered by the CoreStarter IDO.
Features of the CoreStarter platform
Corestarter is a decentralized incubation platform that connects early-stage DeFi projects with the community. The community comprises the CSTR holders. Token holders are guaranteed access to early sales of projects that are launched through our platform.
We have an insurance program such that every project that launches through our platform must contribute to the insurance. The insurance program provides donors and community participants protection from financial project failures.
Corestarter is an IDO and liquidity locking platform that uses blockchains such as ethereum, Solana and Binance smart chain.
Once the IDO is over, the smart contracts are automatically liquidated.
Unlike other platforms, we have a different approach to IDOs, whereby 70% of the project allocation goes to private rounds and 30% to public rounds. All the unsold tokens in the private round are added to the public round.
All participants and token holders are expected to hold their tokens for a minimum of seven days, after which they are given a pool weight score based on their stake versus the number of tokens in the pool.
Uses of the CSTR
Governance
Token holders can get voting rights on the platform, based on the number of tokens they hold. They can participate in different decision-making processes based on their stake.
IDO launch
Through the CoreStarter Platform, startups can launch their token auctions, helping them generate liquidity for their projects.
Trading
The different token holders can use the platform for OTC trading.
Staking
Users can stake their tokens and get a chance of earning between 73% to 730% APY.
NFT
We all know that NFT is currently a big buzz in the industry; we can’t afford to lock it out.
Users can use the CoreStarter platform to launch their NFT based projects, and NF T projects can be bought using the tokens.
IDO process
The IDO listing process starts with a code check, then the company KYC, tokenomics, security research, and finally the IDO Launchpad.
Our team has to check the authenticity of the project by researching more about it. They are basic checks, such as the code quality, the KYC market value and the need and demand of the project.
Once that is verified, the tokens are now launched on the CoreStarter IDO.
The price will be determined; then, the sale process will start.
When the selling process starts, 30% of tokens are sold on the platform. The top 100 token stakers will get a guaranteed allocation, i.e. those who have staked for more than seven days.
The number of tokens you have will determine the kind of allocation you receive.
There will be another lottery IDO where 70% of tokens are sold. Users who can stake for 30 days or more are eligible.
The number of lottery tickets you earn will depend on how many tokens you can stake. The number of tokens, the days you stake, and the amount of targets determines your rewards. The high number of days and a high number of tokens means a higher number of returns.
Key developments
So far, the idea is sealed.
In the third quarter of 2021, the company plans to work on the IDO and testnets and improve on LP pools and staking. In the same quarter of the year, CoreStarter plans to do a main net launch with the support of Solana, Ethereum and Binance blockchains.
There is also going to be a third party code verification and CEX listing.
In the fourth quarter of the year, the company is working on integrating other blockchains, an NFT marketplace and auction, and CEX listing.
As for the first quarter and second quarter of 2022, the platform is working on integrating more blockchains and platform upgrades.
About CoreStarter
CoreStarter is the most resourceful cross-chain fundraising decentralized launchpad with high-yield staking on Solana, Matic, Polkadot, Ethereum, Binance, Cardano, creating a fair and safe playground for startup investors.
With the decentralized launchpad, projects undergo rigorous selection criteria by CoreStarter’s team of experts to manually check the authenticity of projects thereby providing investors with confidence in the projects.
Corestarter is the first platform providing true ingenuity and interoperability of Solana and the liquidity of Ethereum and other blockchains like Binance, Matic, Polkadot and Cardano.
CoreStarter is trusted by thousands early-stage investors to extensively help in basic checking like code quality, tokenomics, company KYC and market value to determine the highest quality of projects.
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