BSCstarter is set to announce a platform overhaul on June 1st, 2021. They are on the third version in only two months of building a strong foundation. Since its inception, over 91 projects have chosen to work with BSCstarter. BSCstarter sets itself apart from the flood of new launchpads by becoming the first community-oriented network that is 100% decentralized and does not rely on forms or centralized parties to approve IDOs. The START token holder community decides which projects reach the funding stage by consensus. As a result of this decentralized model, the BSCstarter community has launched a number of successful projects.
Many IDOs on the platform have sold out in minutes or even seconds, including Wall Street Bets, WISE, Mercor Finance, FOMO Labs, and Cue Protocol. The next IDO to launch is VEST on June 1, the new way to lock tokens and liquidity cross-chain. Before its full release, VEST already has a total value locked of over $2M USD and is responsible for locking liquidity for Starter IDOs launched on version 3 of their platform. Starter takes 1% of the liquidity from every pool and gives that to VEST stakers for rewards.
Launching V3 in two short months is a strong sign of growth for BSCstarter and indicates that the team listens to the people and creates an open, welcoming community for retail investors and developers alike.
To participate in IDOs, investors must stake a minimum of 50 START and can stake larger amounts for larger incentives. Staking 100 START allows users to vote to approve or deny new projects. Staking 1250 START grants BNB as a reward and gives the HODLER discount, while staking 2500 or more START tokens gives investors access to the exclusive Starter VIP Club
START Token Contract Address: 0x31d0a7ada4d4c131eb612db48861211f63e57610
BSCstarter is the first community-oriented launchpad for Binance Smart Chain (BSC) designed to provide projects access to funding opportunities without the stress associated with bureaucratic hurdles, complex KYC requirements, and a manual selection process. The solution offered by BSCstarter is designed to allow the community to determine the projects to be listed using collective due diligence and DYOR skills. It provides a decentralized fundraising platform to deliver a community-driven, open, and free with equal opportunity for all, ultimately empowering investors to filter through the messy landscape where rug pulls overshadow the potential of BSC’s growing ecosystem.