MoonStarter MNST Price $ 0.00856

Introduction

MOONSTARTER Mission is to be the single-stop multi-chain launchpad for selected projects without distinction of the blockchain used. While the current project landscape is scattered and dependent on the blockchain used, MOONSTARTER will offer the possibility to launch on one or multiple selected blockchains.

In an ideal world, blockchain should be trustful, but MOONSTARTER will have a due diligence process on every selected project as it is not always the case. It will communicate with full transparency to the potential investors. Investors will need to stake a pre-defined amount of MOONSTARTER tokens (MNST) to access the proposed sales.

MOONSTARTER will not limit itself to a launchpad and, to a second extent, will develop an ecosystem offering support options to projects such as a KYC process, incubation, or Marketing.

This paper will go through the different features that MOONSTARTER will propose and its functionality.

Multi-Chain IDO Launchpad

MOONSTARTER will select projects based on different criteria but will not limit to the blockchain used by the project for the developments. While multiple launchpads are single-blockchain based, MOONSTARTER will allow investors staking MNST tokens to invest in projects, whatever the blockchain is.

What do we mean by multi-chain?

• MOONSTARTER will offer MNST token stakers to invest in projects developed on different blockchains based on tiers requirements (See "Our Solar Tier System" section). MOONSTARTER platform will allow the user to invest in a project without needing to hold any other token than the MNST token on BSC. Depending on the tier, the user will either have to follow a specific process to register for a lottery or have a guaranteed allocation.

The initial blockchains supported will Ethereum & Binance Smart Chain. However, the second release will allow supporting CARDANO, SOLANA, and POLKADOT through the MOONBEAM parachain. Moonbeam shows excellent potential with Pre-Built Integrations allowing Ethereum developers to "migrate" towards Polkadot with a limited effort. Moreover, Moonbeam allows the use of the Ethereum ecosystem applications such as Metamask. Moonbeam will play a key role within MOONSTARTER vision as the interoperability options offered are numerous.

The final planned release will include COSMOS & TRON unless the community, through our governance system, has decided otherwise and will depend on the development of the ecosystems at the moment.

MOONSTARTER Token

MOONSTARTER has selected Binance Smart Chain (BSC) to launch its token since Binance Smart Chain has demonstrated that it is arguably one of the most efficient blockchains for decentralized finance, from a performance and fees point of view.

In a nutshell, the selection has been made on 3 points:

• Transaction prices
• Transaction speed
• Interoperability

Token Utility

Holding MNST tokens will have the following utilities:

• Access to the IDOs proposed on the platform – Whatever the blockchain is, depending on our solar tier system.
• From a governance perspective, users will actively participate in the team's decisions, such as staking periods or blockchain to support, for example.

Lunar Tier System

MOONSTARTER has designed 4 tiers based on the Jupiter Lunar system theme. Depending on the project developments and feedbacks, tiers might be reviewed.

The 4 tiers

The different tiers vary in terms of requirements in terms of number of MNST tokens to stake and the staking duration required. Tiers have different IDO allocations as explained in the next section.

Callisto – Callisto tier requires to stake W MNST tokens during a minimum of 7 days to allow the staker to participate in a lottery and potentially be whitelisted for the IDO.

Elara – At Elara tier, users share a guaranteed allocation when staking a minimum of X MNST tokens during a minimum of 7 days. The allocation is weighted based on the Amount of MNST tokens staked.

Himalia – At Himalia tier, users share a guaranteed allocation when staking a minimum of Y MNST tokens or stake during a period of a minimum of 10 days. The allocation is weighted based on the Amount of MNST tokens staked.

Kalyke – To reach Kalyke and be on the nicest moon, it will be required to stake a minimum of Z MNST tokens during a period of a minimum of 14 days. The allocation is weighted based on the Amount of MNST tokens staked.

W,X,Y & Z will be defined upon the first IDO on the platform. A dedicated article will be written and available for disclosing the staking requirements.

IDO allocation

IDO allocations will be split between the tiers depending on the levels. MOONSTARTER has decided on the following:

• Callisto: Callisto Tier will split 7% of the allocation, on a first-come, first-served basis, among lottery winners.
• Elara: Elara Tier will split 16% of the allocation
• Himalia: Himalia Tier will split 27% of the allocation
• Kalyke: Kalyke Tier will split 50% of the allocation