Think of a very crowded farmers’ market. Every stall depicts one-of-a-kind projects that you’d want to invest in. The problem is, you’d want to support the most lucrative projects however, there is insufficient information to base your decision on. This metaphor can be applied to the current world of blockchain fundraising investors are trying to fund innovative projects. Now comes DutchStarter, the first community driven fundraising platform and incubator on the Monad blockchain designed to solve this problem.
What is MonadStarter?
MonadStarter is a new blockchain sector focused on building the first decentralised crowdfunding platform on the Monad blockchain. It has a number of products like a launchpad and liquidity bootstrapping pools (LBP) that create an opportunity for project teams to raise capital and build a vibrant community around the project in a safe and protected environment. Whether you are a funded or experienced investor in the blockchain space doesn’t matter, MonadStarter makes it simple to help everyone engage with amazing fundraising initiatives.
Primary Traits Regarding MonadStarter
1. Launchpad
MonadStarter’s Launchpad sides as a fundraising website with a focus on aiding newer businesses. It pairs investors to suitable companies and works particularly around fundraising on the blockchain. Rather than depend on central exchanges, projects can launch right to the community which enables decentralized development and participation. Check out some key aspects:
- Normalized Project Selection: Only premium projects have the opportunity to be displayed after intense selection scrutiny.
- Staking Participation: Owners of the $MOST token can stake their tokens and pick areas with diverse levels of participation in the token sales.
- Assured Distribution: Stakers are guaranteed a set amount of tokens from every project launch, with the amount determined by the depend upon the staking tier and duration.
- Flexible Tokens Sale: The projects can soft and hard caps to reach more audiences indifferently.
- Tailored Vesting: Customized token vesting ensures alignment between investor and project goals for growth.
How Does MonadStarter Launchpad Perform? 🤔
Joining a token sale on MonadStarter follows a clear, structured process:
- IDO Announcements: Social media and the website are the primary sources to note the newly announced IDOs.
- Community Outreach: The community is updated by AMAs, events, and marketing.
- Token Staking: Stake tokens before sales to qualify for participation. As for flexibility, participants can select up to five tiers with four time locks for staking.
- Tiers and Points System: Your allocated points are determined by the value of staked tokens, tier and time multiplier.
- Participating in Sales: Contribute during the sale period.
- FCFS Round: Unused allocations open to all tiers.
- Claim Tokens: Claim purchased tokens post-IDO directly on the platform.
Tier System: Your Key to Bigger Allocations 🔑
With Monadstarter, the tiers are less complicated. The more you stake, the easier your chances of securing an allocation.
- Tier One: Orbit – 30,000 $MOST (1x weight)
- Tier Two: Lunar – 75,000 $MOST (1.8x weight)
- Tier Three: Deep Space – 250,000 $MOST (3x weight)
- Tier Four: Galaxy – 500,000 $MOST (5x weight)
- Tier Five: Cosmos – 1,000,000 $MOST (10x weight)
Staking is available for a variety of terms and goals. Depending on the duration of time staked, you multiply your time.
Available staking duration:
- 30 days: 1x
- 60 days: 1.5x
- 90 days: 2x
- 180 days: 3x
This system ensures fairness and rewards long-term supporters of the ecosystem.
2. Liquidity Bootstrapping Pools (LBPs)
With LBPs, MonadStarter is the first ever to introduce it swapping static token launches for a new innovative LBPs. These LBPs help in the transparent launching of new tokens and promote the community spirit of the token holders.
3. Staking
MonadStarter permits its users to lock their $MOST tokens with the goal of gaining early access to events, attaining rewards and more. Staker’s earning passive rewards and having interests aligned with the growth of the platform, earn $MOST tokens. Users’ staking tiers correlate with the amount that is staked and will increment over time. With somewhere in the range of $MOST tokens benefited and higher sales being accessible in addition to an uninterrupted amount, users are able to earn passive rewards .
To learn more, see MonadStarter’s official documentation under the Staking section.
4. Farming
Through farming, MonadStarter enables users holding the $MOST tokens to achieve more in terms of additional bonuses and earning liquidity. Participants earn profit for farming and gain rewards in excess of $MOST tokens. Users are provided opportunities to yield their tokens into the liquidity pools and earn back a greater return than what was put in. This encourages users to gain long term profits while being able to reap the benefits of aiding ecosystem liquidity.
To learn more, see MonadStarter’s official documentation under the Farming section.
Why Choose MonadStarter?
Being a MonadStarter user means you are selecting more than just a fundraising platform; rather, you are joining an advanced ecosystem built on the Monad blockchain. Here is what makes MonadStarter different:
- High Grade Security: MonadStarter is able to undertake every launch with the highest of trust and community engagement activities because of Monad’s high performance capabilities.
- Global Innovation: MonadStarter integrates new features continuously, increasing the quality of the funding without degrading the quality of the experience.
- User Engagement: From engagement events and community rewards to social endeavors, MonadStarter enables users to become rightful owners of the projects that they fund.
Comparison with Competitors
Through other blockchain fundraising platforms, we will further study how MonadStarter stands out:
| Feature | MonadStarter | Polkastarter | Other Platforms |
|---|---|---|---|
| Blockchain Compatibility | Monad | Polkadot | Varies |
| EVM Compatibility | Yes | Yes | Not Always |
| Transaction Speed | 10,000 TPS | Varies | Varies |
| Finality Time | 1 Second | Varies | Varies |
| Cross-Chain Functionality | Planned | Yes | Limited |
| Community Focus | High | Medium | Low |
| Product Suite | Launchpad, LBPs | Token Pools, Auctions | Limited Offerings |
Note: Compiled data from MonadStarter and Polkastarter official documents.
How to Get Involved
Getting started with MonadStarter is straightforward:
- Stay Updated: By subscribing to newsletters, users can be mainstreamed with newer updates and announcements.
- Join the Community: Users can discuss with the community on Discord and Telegram.
- Participate in Events: In an attempt to give the community a chance to contribute, earn rewards, and games, MonadStarter holds events on a constant basis.
- Prepare for Launch: The platform is expected to be available to selected users during the Monad testnet phase, with public accessibility planned shortly after the Monad mainnet launch.
Final Thoughts
MonadStarter is a pioneer when it comes to blockchain fundraising, and it does so with phenomenal innovation, security, and community engagement. Taking advantage of Monad blockchain’s state-of-the-art technology, MonadStarter provides effortless onboarding for both project teams and investors. If you’re wondering where to launch your next big idea or in search of a reliable platform that has all these features, look no further. MonadStarter is ready to become the centerpiece of your decentralized crowdfunding efforts
For more information, visit the MonadStarter official website or explore their documentation.