Polkastarter is a platform that decentralizes the fundraising process for Web3 projects, allowing them to kick off and secure funding through token pools across multiple blockchains, all while expanding their communities significantly.
The platform is designed to facilitate initial dex offerings (IDOs) on major blockchain networks like Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche, and Celo.
Investors can gain early access to IDOs, NFTs, and Gaming Web3 innovations through Polkastarter, which is particularly favored by emerging blockchain projects aiming to raise capital and distribute tokens efficiently.
Polkastarter enables blockchain ventures to set up fixed-chain swap pools easily, providing a secure way to generate funds. Meanwhile, users can invest safely as smart contracts automatically manage the swaps.
POLS serves as the native utility token for the Polkastarter platform. It primarily grants access to pools and allows projects to prioritize POLS holders. Users are motivated to stake POLS by earning rewards for their loyalty.
In Q4 2022, Polkastarter plans to introduce new community utility features, such as governance and POLS Power Boosters, which enhance allowlisting success. Launched in December 2020, the platform has rapidly become one of the most popular for initial DEX offerings (IDOs) on the Ethereum blockchain.
Who are the founders of Polkastarter?
Polkastarter's leadership team boasts over 30 years of collective experience in technology firms. The company was co-founded by Daniel Stockhaus, Tiago Martins, and Miguel Leite, who serve as the CEO, CTO, and COO, respectively, with the support of a team exceeding 30 members.
Miguel Leite, a marketing expert and serial entrepreneur, turned to web3 after several successful business ventures, co-founding Coinvision and BEPRO Network before launching Polkastarter, which reshaped the industry.
Daniel Stockhaus is known for co-founding LiGo, a thriving e-commerce company, and the digital growth agency Oliphant Ltd. Before that, he worked as a digital media designer at Fitch and holds a bachelor's degree in communication and media studies.
Tiago Martins is a former computer science professor and seasoned developer skilled in online education and product development. He also co-founded Codeplace, a platform teaching web development basics.
What makes Polkastarter unique?
Polkastarter promotes itself as a unique option for retail investors looking into IDOs by capping allocation amounts. This approach helps projects attract a broader base of token holders by spreading the tokens among a diverse audience. By June 2022, Polkastarter had facilitated over 110 project launches, including token sales, NFTs, and metaverse projects, raising over $50 million with a total peak market cap of $3.2 billion.
Beyond just a launchpad, Polkastarter offers an internal incubation and advisory program, leveraging insights from over 110 projects to foster and expand Web3 initiatives.
The platform also has a specialized marketing team with more than 10 members, covering video production and design.
Polkastarter’s core offering is its fixed-swap smart contract, enabling projects to start liquidity pools that operate at a set price, contrasting with the AMM model made famous by Uniswap.
Moreover, the platform provides features like permissionless listings, anti-scam mechanisms, and KYC integration.
How is Polkastarter (POLS) secured?
POLS is built as an ERC-20 token on the Ethereum network, secured by a proof-of-stake system requiring validators to stake 32 Ether. Transactions are validated by a decentralized network of nodes that safeguard the Ethereum blockchain.
Where can you buy Polkastarter (POLS)?
POLS is available for trading on many leading cryptocurrency exchanges, including Huobi Global, Binance, Coinbase, KuCoin, Gate.io, and Poloniex. It's also accessible on major decentralized exchanges like Uniswap, 1inch, and 0x Protocol.
The most common trading pairs for POLS are POLS/WETH and POLS/USDT. While direct fiat to POLS pairs aren't available, you can buy BTC with fiat and then exchange it for POLS.