FantomStarter is an all-in-one crypto financial investment platform that permits any Defi, NFTs, and decentralized exchange (DEX) to release their tokens and raise funds through private/public listing.
Therefore, in this post, you will find whatever about FantomStarter and how to take part in it.
What is FantomStarter?
FantomStarter is an IDO launchpad that runs in the Fantom blockchain. It supports Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (Matic). It offers unique advantages to jobs that can accelerate their development. This advantage consists of the following:
- Token engineering and security audits.
- Advisory resources (marketing, social networks, and branding assistance).
- Operational assistance (HR, financing, and legal help).
- Access to the task’s collaboration environment.
It has a native token, called $FS, that is utilized in the environment. The job utilizes several tiers to classify its financiers, where they require to stake their tokens or NFTs to end up being qualified for an IDO allotment.
However, the very first thing that financiers require to do is to finish the KYC procedure with Fractal ID by offering the National Identity card or the domestic evidence of address. Financiers require to use for task whitelisting to verify their involvement in their IDO. You can discover more info about the KYC procedure and IDO allotment in this short article. Now that you understand the requirements to get involved, let’s follow with the next actions:
Step 1: Get The $FS Token
The FS token is presently offered in the SpookySwap platform with FS/USDC and FS/WFTM token set.
Tier levels/Keys
Similar to other IDO platforms, FantomStarter likewise utilizes a tier-based system to classify their financiers and their allotment. The procedure utilizes a 7-level tier system where financiers can stake their $FS Token or tiered NFT to ensure their allowance in the brand-new releasing jobs.
Note: The tier system might alter for every single job or be upgraded with time.
Step 2: Stake FS Token or FS Key
Once you have actually gotten adequate FS token or NFT, financiers require to stake it in the procedure. There, you require to go to the staking page. Now pick your wanted alternative i.e $ FS Tokens or NFT tier, and validate the procedure.
Investors can stake and instantly take part in any jobs whose whitelisting procedure is going through. If they want to unstake their tokens prior to 7 days, then they will have to pay a charge of 10%from the staked quantity.
Upcoming Projects Details and WhiteListing & Allocation
To get info about upcoming IDO’s, financiers ought to watch on the platform’s main telegram group or Twitter deal with. They can inspect the upcoming IDO’s site.
Once the job has actually begun its whitelisting procedure, financiers require to verify their involvement by clicking the Participate button. Whitelisted financiers are designated to purchase tokens depending upon their tiers.
In FantomStarter, financiers can primarily buy the introduced token with USDC. Make sure you have enough USDC and FTM (to pay gas charges) tokens to bring out the token purchase procedure.
Step 3: Token Swap
The token swap takes place in the Fantom Opera network. To do it, you require to link the exact same wallet utilized for whitelisting and KYC. You require to be sure that your wallet has enough USDC and FTM tokens to purchase the designated task token.
Once the IDO begins, go to the swimming pool, and Approve and Swap the job token with USDC.
On the other hand, some tasks likewise arrange FCFS or neighborhood round. The FCFS round is performed just when the token didn’t get offered out entirely through the personal and public swimming pools. For FCFS, just NFT FantomPass holders and financiers who have actually whitelisted utilizing the FantomStarter app are qualified.
Note that with this action, you will not get the token instantly. This implies that the introduced token is simply scheduled, so financiers require to wait till the task begins the token claim procedure.
⭐ ANNOUNCING PRODUCT UPDATE ⭐
We ‘d like to thank our neighborhood for assisting raise over $1million in the very first 5 tasks on #Fantom.
Your feedback is assisting #FantomStarter end up being the favored option for tasks raising capital on any blockchain. https://t.co/YKqK18 Vf5C
— FantomStarter (@fantomstarter) January 1, 2022
Step 4: Tokens Claim
The token declaring will occur according to the vesting schedule mentioned by the task. Tokens can be declared just through the FantomStarter app. To do it, financiers require to visit to the application with their wallets to finish the declaring procedure.
Once you finish the deal, the tokens will show up in your wallet. If not, you can copy the token agreement address from the block explorer, and by hand include it to see the tokens. More details remains in this guide.
FantomStarter Launched Projects
Some of the tasks released on FantomStarter consists of:
- Moda DAO
- Wingswap
- DexBrowser
- Escrow Protocol
Join us on Telegram to get complimentary trading signals.
For more cryptocurrency news, take a look at the Altcoin Buzz YouTube channel.
FantomStarter is an all-in-one crypto financial investment platform that permits any Defi, NFTs, and decentralized exchange (DEX) to release their tokens and raise funds through private/public listing.
Therefore, in this post, you will find whatever about FantomStarter and how to take part in it.
What is FantomStarter?
FantomStarter is an IDO launchpad that runs in the Fantom blockchain. It supports Binance Smart Chain (BSC), Ethereum (ETH), and Polygon (Matic). It offers unique advantages to jobs that can accelerate their development. This advantage consists of the following:
- Token engineering and security audits.
- Advisory resources (marketing, social networks, and branding assistance).
- Operational assistance (HR, financing, and legal help).
- Access to the task’s collaboration environment.
It has a native token, called $FS, that is utilized in the environment. The job utilizes several tiers to classify its financiers, where they require to stake their tokens or NFTs to end up being qualified for an IDO allotment.
However, the very first thing that financiers require to do is to finish the KYC procedure with Fractal ID by offering the National Identity card or the domestic evidence of address. Financiers require to use for task whitelisting to verify their involvement in their IDO. You can discover more info about the KYC procedure and IDO allotment in this short article. Now that you understand the requirements to get involved, let’s follow with the next actions:
Step 1: Get The $FS Token
The FS token is presently offered in the SpookySwap platform with FS/USDC and FS/WFTM token set.
Tier levels/Keys
Similar to other IDO platforms, FantomStarter likewise utilizes a tier-based system to classify their financiers and their allotment. The procedure utilizes a 7-level tier system where financiers can stake their $FS Token or tiered NFT to ensure their allowance in the brand-new releasing jobs.
Note: The tier system might alter for every single job or be upgraded with time.
Step 2: Stake FS Token or FS Key
Once you have actually gotten adequate FS token or NFT, financiers require to stake it in the procedure. There, you require to go to the staking page. Now pick your wanted alternative i.e $ FS Tokens or NFT tier, and validate the procedure.
Investors can stake and instantly take part in any jobs whose whitelisting procedure is going through. If they want to unstake their tokens prior to 7 days, then they will have to pay a charge of 10%from the staked quantity.
Upcoming Projects Details and WhiteListing & Allocation
To get info about upcoming IDO’s, financiers ought to watch on the platform’s main telegram group or Twitter deal with. They can inspect the upcoming IDO’s site.
Once the job has actually begun its whitelisting procedure, financiers require to verify their involvement by clicking the Participate button. Whitelisted financiers are designated to purchase tokens depending upon their tiers.
In FantomStarter, financiers can primarily buy the introduced token with USDC. Make sure you have enough USDC and FTM (to pay gas charges) tokens to bring out the token purchase procedure.
Step 3: Token Swap
The token swap takes place in the Fantom Opera network. To do it, you require to link the exact same wallet utilized for whitelisting and KYC. You require to be sure that your wallet has enough USDC and FTM tokens to purchase the designated task token.
Once the IDO begins, go to the swimming pool, and Approve and Swap the job token with USDC.
On the other hand, some tasks likewise arrange FCFS or neighborhood round. The FCFS round is performed just when the token didn’t get offered out entirely through the personal and public swimming pools. For FCFS, just NFT FantomPass holders and financiers who have actually whitelisted utilizing the FantomStarter app are qualified.
Note that with this action, you will not get the token instantly. This implies that the introduced token is simply scheduled, so financiers require to wait till the task begins the token claim procedure.
⭐ ANNOUNCING PRODUCT UPDATE ⭐
We ‘d like to thank our neighborhood for assisting raise over $1million in the very first 5 tasks on #Fantom.
Your feedback is assisting #FantomStarter end up being the favored option for tasks raising capital on any blockchain. https://t.co/YKqK18 Vf5C
— FantomStarter (@fantomstarter) January 1, 2022
Step 4: Tokens Claim
The token declaring will occur according to the vesting schedule mentioned by the task. Tokens can be declared just through the FantomStarter app. To do it, financiers require to visit to the application with their wallets to finish the declaring procedure.
Once you finish the deal, the tokens will show up in your wallet. If not, you can copy the token agreement address from the block explorer, and by hand include it to see the tokens. More details remains in this guide.
FantomStarter Launched Projects
Some of the tasks released on FantomStarter consists of:
- Moda DAO
- Wingswap
- DexBrowser
- Escrow Protocol
Join us on Telegram to get complimentary trading signals.
For more cryptocurrency news, take a look at the Altcoin Buzz YouTube channel.