Home Enthusiast Starter IoT Launchpad Celebrates One Year Anniversary by Establishing Metaspace Community Engagement Forum for Crypto Enthusiasts

Starter IoT Launchpad Celebrates One Year Anniversary by Establishing Metaspace Community Engagement Forum for Crypto Enthusiasts


Starter.xyz, the leading network of IoT launch platforms, incubators and investors, which has raised over $40m (£30.5m) in seed rounds, private and public for over 50 projects across multiple blockchains, celebrates its first anniversary.

Starter.xyz is deployed natively on several leading blockchain platforms including BSC/Binance Smart Chain, Polygon, Ethereum, Avalanche, Fantom.

Since its inception, Starter has seen rocket development, taking the top spot as the go-to IoT launch pad after just one year and making it a game-changing catalyst for countless DeFi projects. It has quickly become a key resource for investors and startups, introducing key innovations at record speed such as verification, investor protection and interoperability.

In less than a year since its launch, Starter was named the top IoT launchpad by ROI in Q4 2021 by CryptoRank, creating more than 50x the growth of its launch projects at their peak.

Commenting on its success, Starter COO Suvi Rinkinen said, “As a launch pad designed to enable the widespread growth of DeFi, Starter was designed to ensure trust and deliver quality to investors. This explains the rapid success he enjoyed very early on.

Blockchain faced three main challenges which Starter successfully solved with its innovations.

These are:

  • Identify legitimate and high-potential projects in an ever-growing pool of countless startups
  • Protect investors from scams
  • Provide scalable, enterprise-grade technology and interoperability

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As a security measure, all projects that conduct IDOs on Starter are organized and controlled by the community, guaranteeing objectivity and using systematic criteria to assess their quality.

The audit covers all relevant project activities – assessment of tokenomics, marketing, roadmap and team history.

To avoid the “carpet” – when a project raises funds and runs away with funds provided by investors – after a raise on Starter, an IDO’s funds are locked into liquidity pools and invested for bring yield in $START and $VEST in a win-win scenario for investors and projects.

Starter started on BSC, which works with Solidity, the programming language used by Ethereum.

This is one of the reasons the BSC platform has grown so rapidly, providing an alternative technology to ETH and the latter’s scalability dead ends and high gas prices.

Starter consciously chose BSC to start their launchpad/integrator while targeting the core of DeFi on Ethereum, then quickly added interoperability with four other major blockchain platforms – dramatically increasing accessibility, value and the usability of individual projects and their offerings, beyond the potential locked on Ethereum.

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To celebrate its first anniversary, Starter hosted a virtual anniversary party and inaugurated a meta-space that will become an interactive digital hangout to enable community engagement.

Starter’s first native metaspace event will take place at 4:00 p.m. on March 10, 2022. Participants are invited to join the event here.

Access will be granted on a first-come, first-served basis five minutes prior to the start of the event.

The interactive program agenda will cover how projects like Cake Monster and Project Oasis have worked with Starter to strategize for their successful IDOs, and what advice they have for their peers.

DISCLAIMER: Nothing in this article should be read or understood as financial and/or investment advice. Readers should take their own financial advice from a suitably qualified independent financial adviser before making any investment decision.

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