Review StarLaunch ($START) – The first insured IDO launchpad for Solana

Currently, many platforms support new projects to raise funds through IDO, which is beneficial for investors and project developers. However, there are some problems that are difficult for current IDO platforms to intervene due to the risks of project investment. It can be mentioned that being hacked, developers take a break in the middle and don’t make products anymore. The risks seem unlikely, but once happened, your account can be “evaporated”. This is the reason for the StarLaunch platform to be born..

Concept project – What is StarLaunch?

StarLaunch is the first insured IDO launchpad and project incubator for Solana. StarLaunch will utilize the same customer service and insurance model to protect users against exploits, hacks, vaporware or team negligence. This allows for greater trust in the StarLaunch community and the Solana ecosystem, as a whole.

Outstanding features

What is the project trying to achieve?

Their mission is to connect promising new projects with a community of backers to help build the Solana ecosystem. That said, they understand that backing any early-stage project comes with some degree of risk.

What is unique selling point?

At StarLaunch minimize that risk by utilizing a rigorous set of criteria to validate each project that applies to launch on their platform:

• Subscription Model

$STARS token staking earns users opportunity for early contribution access to vetted IDOs launching through our platform

• Propulsion Program

Incubated projects have access to valuable resources and services, including: Token Engineering, Security Audits, Frontend, Socials, Awareness, and Branding

• Insurance Program

Our users can participate with confidence, knowing they are protected in the event of project failure due to exploits or team negligence.

It is willing to give you a governance system and voting right to develop the game further. Star Launch Crypto works under the Solana protocol, which is the first blockchain protocol an essential element in up to mark games. And last but not least, it gives the player the full right of the token and NFT they earn while playing.

Road Map

Roadmap will continously change as they progress with their project

Technical Data

StarLaunch will consist of 2 tokens: 

• STARS token is the main token, which will be deflated over time. 
• N2H4 token is a secondary token, minted from staking STARS Token to participate in IDOs.

Key Metrics

STAR

• Token Name: STARS Token.
• Ticker: STARS.
• Blockchain: Solana.
• Token Standard: Updating…
• Contract: Updating…
• Token Type: Governance.
• Total Supply: 100,000,000 STARS.
• Circulating Supply: Updating…

N2H4

• Token Name: N2H4 token (Hydrazine).
• Ticker: N2H4.
• Blockchain: Solana.
• Token Standard: Updating…
• Contract: Updating…
• Token Type: Utility.
• Total Supply: N2H4
• Circulating Supply: Updating…

Token allocation

Token Sale

• IDO registration: Oct 21^st
• IDO event: Oct 26^th
• Market Launch: Oct 27^th

Token release Schedule

Private Sale: Including 10% will be unlocked at TGE (Token Generation Event) ie when the token launch event takes place, then investors will be vesting their tokens starting 3 months after TGE and ending in the 15th month after TGE.

Token Use case

• Governance and voting
• IDOs Participating
• Produce Hydrazine in Fusion Vault
• Buy/Sell Hydrazine on the open market
• Staking STARS LP token

How to own the token?

There are multiple options to purchase Atlas and Polis from the different crypto trading exchanges. Let’s take here the example of coinbase com. Follow the following steps to buy your first Star crypto:

• Step1. Create an account by signing up.
• Step2. Sign in using your account credentials to buy Star Launch Crypto.
• Step3. Click on the top right three bars and go to the buy and sell section.
• Step4. Search for Atlas or Polis.
• Step5. Select transaction currency
• Step6. Add the number of tokens.
• Step7. Proceed for payment and complete.

Martket and community

Market

• Current Price: $0.0797
• Volume/Market Cap: 0.08515
• Market Cap: $172,318,909,44
• Price Change in 24 hours: $0.005013
• 24 h low/ 24 h high: $0.07419/$0.08117
• Market Rank:  273
• Market dominance: 0.01%
• Fully diluted market cap: $2,871,981,824.06
• 30 day low/30 day high: $0.061/$0.2773
• All-time high/low: $0.2773/$0.061
• Total Supply: 36,000,000,000 ATLAS
• Maximum supply: 36,000,000,000 ATLAS
• Circulating supply: 2,160,000,000 ATLAS
• Trading volume: $14,672,491.35
• Star Atlas ROI: +5680.96%

Community

The StarLaunch team operates by prioritizing its community first. Starlaunch brings thoroughly vetted projects to its community and protects IDO participants with an in-house insurance program.

The project’s Twitter has 22K Followers.

Backers

Team/Founder

StarLaunch is built by a team with extensive experience developing CardStarter – a successful IDO platform on the Cardano blockchain.

Partners

Advisors

Alternative project

• CardStarter (CARDS): IDO platform on Cardano, allowing projects to access abundant capital from the investor community and also owning the insurance feature for the user community. 
• Boca Chica: A “new generation” IDO platform developed on Solana to promote the power of Solana blockchain. The project provides a safe place to raise funds for both retail investors and investment funds. 
• Oxbull (OXB & OXS): A launchpad platform developed on Binance Smart Chain and now expanded under a separate version on the Solana system, is considered an incubator for startups to raise the necessary capital. and support to promote the project in the most effective way.

Conclusion and analysis

After my detailed research over the web about the Star Launch token, we found it quite reliable where the company’s top executives have interacted with users widely, a sign of genuineness. And so the uniqueness of this space touring game tell about it, where benefits of Star Launch token, namely Atlas and Polis game development-oriented. 

Find more information about StarLaunch:

Website: https://www.starlaunch.com/

Telegram: https://t.me/StarLaunchOfficial

Twitter: https://twitter.com/StarLaunchSOL

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

Elise

Coincu research