BinStarter is a decentralized multichain platform that provides investors, crypto product owners with a fair and transparent investment and liquidity raising model to develop modern blockchain solutions in the crypto space.
Date of foundation: in 2021
Core team of BinStarter
The ecosystem team to support the functionality and operation of the BinStarter platform includes a number of highly qualified specialists, developers, investors, administrators and community managers. Key partners include Chainlink, Polygon, Titan Ventures, Unreal Capital, Coin98, Unicorn Ventures, SGN Capital, Red Swiss and many others.
More info about BinStarter
BinStarter offers comprehensive solutions for the successful launch and development of Web 3 startups. One of the main features of BinStarter is that the ecosystem is the first of its kind representative of Extended Insurance Protocols (EIP), with a secure, fast and easy-to-use interface. You can read more details about how the EIP mechanisms in BinStarter are organized in the official documentation. Thanks to a number of advantages, including high transaction speed, low fees and security, the BinStarter protocol achieves its main objectives. For example, the platform provides the community with the most efficient and intuitive environment in the form of Initial DEX Offering (IDO) Launchpad, through which blockchain startup developers have the opportunity to raise the necessary funding, receiving a significant amount of community interest. In turn, BinStarter gives investors the opportunity to buy tokens of promising and successful early-stage crypto projects. The BinStarter architecture implements a lottery or whitelist model of IDO. This means that any user can become an IDO participant on BinStarter and get a coveted allocation. But to get a guaranteed allocation, one needs to hold a certain number of internal BSR tokens. As an added incentive and motivation, BinStarter has a multilevel system divided into several Tiers:
- Tier 1 — 1000 BSR
- Tier 2 — 2000 BSR
- Tier 3 — 4000 BSR
- Tier 4 — 8000 BSR
- Tier 5 — 16000 BSR
- Tier 6 — 32000 BSR
- Tier 7 — 64000 BSR
- Tier 8 — 128000 BSR
Each Tier is endowed with certain staking period parameters and additional rewards for holding and farming yields. Thus, the higher the level of the investor, the more tokens will be received during IDO allocation. Each Tier entitles the holder to receive a guaranteed allocation. You can read more about how the rating system in BinStarter is organized in the official blog.
Token BSR
BSR is an internal token and the main unit of account that preserves the value of the BinStarter ecosystem. In addition, BSR is responsible for transaction security and is a utility token that gives holders access to more unique and cost-effective features, providing investors with rewards for staking, farming, participating in IDOs on the BinStarter Launchpad, and interacting with other products in the ecosystem.
Key metrics of BinStarter Launchpad
Launched of categories
- GameFi – 86.8%
- Blockchain Service – 5.3%
- DeFi – 2.6%
- NFT – 2.6%
- Blockchain Infrastructure – 2.6%