Corestarter, a new multi-chain IDO launchpad announced that it is readying to go live in the coming weeks. Corestarter is not only bracing for one but two DEX offerings: Duol-IDO to attract cryptocurrency investors, followed by a CEX listing with more to follow in the near future.
The Corestarter project is a multi-chain IDO platform with high-yield staking built on Solana and the ability to go cross-chain on Ethereum, Polkadot, Binance, Matic, Cardano, and others. Multi-chain Launchpads are necessary for the successful launch of blockchain projects. While traditional launchpad platforms are aiming to become more well-known, Corestarter is going in with a different approach.
Duo-IDO’s to entice investors, then the exchange listing
According to the announcement, the high-yield staking platform is focusing its efforts to give to the community. CoreStarter has now announced its public launch plan by launching the First DEX Offering on Trustpad on November 15, following months of speculation about whether it would do so. Trustpad is a popular cross-chain launchpad for raising liquidity for DeFi projects.
The multi-chain protocol also announced its forthcoming token offering on the 16th of November on its native platform. The objective of the campaign is to provide a good consumer experience and appeal to a wide audience. The project has started its whitelist procedures for a smooth public debut as a result of prior marketing efforts.
The good news is that it isn’t over yet for Corestarter. The project has been approved for listing on major exchange platforms Gate.io and Raydium, which is scheduled to take place on November 18th. The announcement comes less than a week after the platform completed its seed and private sale, which gathered $1.32 million from top blockchain investors. The multi-chain protocol is now gearing up to welcome the public.
The governance structure and staking plan will be improved
In a recent interview, the project confirmed that one of their primary ideas is to provide an equal earning opportunity for small investors, who aren’t excluded due to their investments. Users have always been rewarded proportionally based on the value of their deposits, leaving little investors without a remedy. The goal of the project is to alter this.
Users will be able to stake their tokens to start earning rewards immediately following the project’s IDO, which is expected to take place early next week. Stakers who hold fewer tokens may ascend through the six levels of the system and defeat the top tier by completing their journey thanks to the new model.
Achieving the Objectives
The $CSTR token’s main application is allowing early adopters and users to take part in Corestarter’s native launchpad, where the project will be launched. There are several other benefits, including the chance to stake in initiatives, governance, and purchases on the NFT Marketplace. The token will also be important for enabling users to make community decisions since it is at the heart of the incentivization framework.
Corestarter is a fully functional platform that’s already been through the development process and has an established roadmap. With a multi-chain strategy and solid plan, it’s one of the certified companies in the space. With several important milestones already achieved, it’s clear that the initiative will focus on key areas of development in the future. The project is presently focusing on its mainnet rollout, blockchain integrations, and NFT game creation for the next quarter.