Starter.xyz, the leading IDO launchpad, incubator and investor network, which has raised over $40 million (£30.5 million) in seed, private and public rounds for over 50 projects across multiple blockchains, is celebrating its first anniversary.
Starter.xyz is natively deployed on multiple top blockchain platforms, including 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.
It has quickly become a key resource for both investors and startups, introducing key innovations at record speed such as Vetting, Investor Protection and Interoperability.In less than a year since it launched, 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.Commenting on its success, Starter’s COO, Suvi Rinkinen, said: “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: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
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