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 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.
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.
MNST is a native utility token in the MoonStarter platform that has the following functions:
The MNST tokens are issued as follows:
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 |
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 |
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.
The project has pretty good supporters with names like: AU21 Capital, Moonwhale, Blocksync Capital …
Currently, you can only buy MNST on exchanges that have this token listed.
So far, MNST has been traded with USDT and BUSD pairs on exchanges such as Kucoin, PancakeSwap (V2), DODO BSC.
MNST is a BEP-20 token so you can save it on wallets that support this standard, such as:
Or you can keep tokens on the wallets of the listed exchanges.
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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