Categories: Analysis

Find out what MoonStarter (MNST) is. Details about the MoonStarter project and MNST coin

What is MoonStarter?

MoonStarter is considered the first multi-chain launchpad platform for fundraising and offers IDO services for start-up projects. Similar to the Polkastarter, BSCPAD or SolStarter platforms, but only in that they all support different blockchains.

With the goal of making investing in decentralized finance more accessible to everyone, MoonStarter is extremely focused on censoring new projects based on a set of strict criteria. While other Launchpad platforms only run on a single blockchain, MoonStarter allows users to put MNST tokens on BSC to invest in projects, regardless of which blockchain the project is running on.

MoonStarter highlights

MoonStarter is considered a playground for crypto incubators and allows users to participate in investments in a project without holding tokens other than MNST tokens on BSC.

At the beginning, the platform only supported 2 blockchains, Ethereum and Binance Smart Chain. However, the second version will allow support for Cardano, Solana and Polkadot via the MoonBeam Parachain.

MoonBeam will play an important role in MoonStarter’s vision as it offers a lot of interoperability between different chains.

The final version is expected to include Cosmos & Tron if approved by the project’s governance system.

Hierarchy in MoonStarter

The amount of the allocation of each project depends on each level (rank 1-4). The rank at MoonStarter depends on how long and how many MNST tokens you have used on the platform.

Callisto: This tier requires a deposit of 10,000 MNST tokens for at least 7 days to ensure holders can whitelist the IDO. The allocation is weighted according to the number of MNST tokens used. Callisto Tier is split 7%.
Elara: At Elara level, holders must use at least 50,000 MNST tokens for at least 7 days. The allocation is weighted according to the number of MNST tokens used. The Elara level is split up to 16%.
Himalia: At the Himalia level, users deploy at least 150,000 MNST tokens over a minimum period of 10 days. The allocation is weighted according to the number of MNST tokens used. Himalia Tier will share 27% of the allotment.
Kalyke: As the highest level, you must use at least 250,000 MNST tokens over a period of at least 14 days. The allocation is weighted according to the number of MNST tokens used. Kalyke Tier shares the 50% allocation.

Steps to join IDO on MoonStarter

Depending on the project, the joining process may be a little different, but you can refer to the following steps:

Step 1A: Register for a lottery (for Callisto level).

Step 1B: Secure your allocation (for Tier Elara, Himalia & Kalyke).

Step 2: Whitelisted users can invest in the project (depending on the tier) if it is made public.

Step 3: If the allotment has not been bought, the remainder will be sold in first come, first served form.

Step 4: The user can then claim the token in their wallet.

What is the MNST token?

MNST is a native utility token in the MoonStarter platform that has the following functions:

Guide: In the future, MNST owners will have the right to vote on important decisions on the platform such as changing the staking time or adding a new blockchain …
MNST holders have access to suggested IDOs on MoonStarter (depending on the hierarchy).

Some basic information about the MNST .token

Token name: MoonStarter token
Token symbol: MNST
Blockchain: Binance Smart Chain BEP-20
Contract address: update
Total amount of tokens: 200,000,000 MNST
Circulating supply: Update

MNST. Token assignment

The MNST tokens are issued as follows:

Seed round: 15.6%
Private A: 17.5%
Private B: 16.7%
IDO: 2.5%
Crew: 12%
Marketing: 12.5%
Advisors: 4.1%
R&D: 12%
Liquidity & MM: 7.1%

Token Sale

Below is the project’s token sales information.

Round	Token	Price ($)	Amount raised ($)
Seeds	31,250,000 won	0.008	250,000 won
Private A	35,000,000 VND	0.01	350,000 won
REMOVE privately	33,333,333	0.012	400,000 won
I DO	5,000,000 won	0.014	70,000 won

Token Unlock Schedule

Refer to the following table for information about the MNST token unlock schedule.

Art	% Care	Token	Vesting
Seeds	15.6%	31,250,000 won	Unlock 15% when issuing tokens, the rest will be opened monthly for 6 months (from 1 month according to TGE).
Private A	17.5%	35,000,000 VND	Unlock 20% when issuing tokens, the rest will be opened monthly for 5 months (from 1 month according to TGE).
REMOVE privately	16.7%	33,333,333	Unlock 25% when issuing tokens, the rest will be opened monthly for 4 months (from 1 month according to TGE).
I DO	2.5%	5,000,000 won	No vesting.
team	Twelfth%	24,000,000 won	Block for 6 months, then pay monthly for the next 6 months.
marketing	12.5%	25,000,000 VND	Block for 1 month, then pay monthly for the next 6 months.
Consultant	4.1%	8,200,000 won	Block 1 month, then pay monthly for the next 6 months.
R&D	Twelfth%	24,000,000 won	Block for 6 months, then pay monthly for the next 6 months.
Liquidity and MM	7.1%	14,216,667

Timetable

If we look at the project’s roadmap, we can see that MoonStarter aims to integrate many different blockchains. These blockchains will increase the user experience for those who wish to join IDO on their platform.

Consultant

Partners & supporters

The project has pretty good supporters with names like: AU21 Capital, Moonwhale, Blocksync Capital …

How to earn and own MNST tokens

Currently, you can only buy MNST on exchanges that have this token listed.

Exchange MNST token

So far, MNST has been traded with USDT and BUSD pairs on exchanges such as Kucoin, PancakeSwap (V2), DODO BSC.

MNST .Token storage wallet

MNST is a BEP-20 token so you can save it on wallets that support this standard, such as:

Metamask
Myetherwallet
Trust wallet
Coin98

Or you can keep tokens on the wallets of the listed exchanges.

Should the future of the MoonStarter project invest in MNST tokens?

Lately, IDO has been a pretty hot trend in terms of the win rate it brings. MoonStarter is a launchpad platform that runs on one or more blockchains and gives the project a special advantage when it comes to accessing good projects from different blockchains.

The value of the MNST token tends to increase as users actively purchase and use it to participate in the IDO of the projects selected by MoonStarter.

Above is all the information about the MoonStarter project that CoinCu would like to share with you.

If you have any other views, please leave a comment below.

See you in the next analysis.

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