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Blockchain

Starter IDO Launchpad Grew to #1 in One Year, raised over $40 million in seed, private and public rounds for 50+ projects

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Starter.xyz (https://starter.xyz), the leading IDO launchpad, incubator, and investor network, which has raised over $40 million in seed, private and public rounds for 50+ projects across multiple blockchains, is celebrating its first anniversary. Starter.xyz is natively deployed on multiple top blockchain platforms: BSC/Binance Smart Chain, Polygon, Ethereum, Avalanche, Fantom.

Since its inception, Starter has had rocket development, taking first place as the go-to IDO launchpad after just one year and making it a milestone enabler for countless DeFi projects. As such, it’s a key resource for both investors and startups. Key innovations it has introduced at record speed: Vetting, Investor Protection, and Interoperability.

Within less than one year of its launch, Starter was named the leading IDO launchpad by ROI in Q4 of 2021 by CryptoRank, creating more than 50 times growth for its launch projects at their high point (53.3x ATH). How does a startup achieve that kind of result so fast?

Starter’s COO, Suvi Rinkinen, observed: “As a launchpad conceived to enable the widespread growth of DeFi, Starter was designed to ensure trust and provide quality for investors. This explains the rapid success that it has enjoyed early on.”

Blockchain has faced three main challenges which Starter has successfully solved with its innovations. These are:

  1. Identifying the legitimate, high-potential projects in an ever-growing pool of countless startups.
  2. Protecting investors from scams.
  3. Providing enterprise-grade, scalable technology and interoperability.

As a safeguard, all projects that conduct IDOs on Starter are curated and vetted by the community, ensuring objectivity and using systematic criteria to assess their quality. The vetting looks at all relevant project activities – assessing tokenomics, marketing, the roadmap, and team history.

To prevent “rug-pulling” – when a project conducts fundraising and absconds with the funds provided by investors –  after a raise on Starter, an IDO’s funds are locked in liquidity pools and vested to bring yield in $START and $VEST in a win-win scenario for the investors and projects.

Starter began on BSC, which works with Solidity, the programming language used by Ethereum. That’s one of the reasons why the BSC platform has grown so fast, offering an alternative technology to ETH and the latter’s scalability impasses and high gas prices. Starter consciously chose BSC to start its launchpad/integrator while targeting the bulk of DeFi on Ethereum, and then quickly added interoperability with four more major blockchain platforms, thus vastly increasing the accessibility, value, and user-friendliness of individual projects and their offerings, beyond the potential locked on Ethereum.

In response to solving these key challenges, Starter has seen considerable traction early on. Within its first year, it has completed 50+ in sales (seed, private, IDO), some of which sold out in seconds, raised $40M+ for hosted projects, created an incubator fund amounting to $17M+ in assets under management, and has almost 160 projects using their Liquidity Locking Service, StartVesting.xyz, which has over $40M TVL. Starter incubated and created the popular, Tamagochi-inspired PlayToEarn game, “Starchi”, offering revolutionary staking opportunities with up to 898% APY. As a result of Starter’s early success, a second launchpad is in the making and soon to be announced.

To celebrate its first anniversary, Starter held a virtual birthday party and inaugurated a metaspace that will become an interactive digital meeting place to enable community engagement, live since March 1, 2022. As this short film shows, the forum will enable a new kind of virtual community interaction, inviting viewers to discuss everything from tokenomics to governance and new trends in digital assets.

The kickoff is Starter’s first native metaspace event at 11:00 am ET on March 10th, 2022. Participants are invited to join the event here. Access will be granted on a first-come, first-served basis five minutes before the event starts. The interactive program agenda will cover how projects like Cake Monster and Project Oasis worked with Starter to strategize their successful IDOs, and what advice they have for peers.

For additional information regarding Starter’s upcoming IDOs, please visit https://starter.xyz/. To learn more about Starter, Starter’s community, and how to begin investing, follow Starter’s Twitter, Reddit, and Telegram community channels. For upcoming events, follow Starter Announcements.

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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