Chinese tech giant Baidu is the latest to launch a non-fungible token (NFT) marketplace with additional plans of airdropping over 20,000 NFTs. The multinational company will be airdropping NFTs inspired by “Talking Tom Cat” and “Ali,” which were popular cartoon characters in the 2010s, beginning on March 10 ahead of its upcoming marketplace launch by the end of the month. According to local media reports, the “talking tom cat” series will comprise of 8,888 unique NFTs that will be available to claim between March 10 and 12. The translated report further added that the well-known Fox cartoon character “Ali” celebrates his 16th birthday on March 16 on the occasion of which 3,160 NFT avatars will be released in celebration of the event. Users can search for the new collection on Baidu’s “Super Chain” or “Xuper Chain,” the company’s own blockchain network. Connecting the Baidu app will enable users to receive them on the given date. NFTs in Crypto-Less China Baidu is not alone with its NFT plans as Chinese telecoms giant Tencent too launched its own NFT marketplace last year. In August 2021, the platform promoted the launch by issuing 300 NFTs styled as vinyl records based on the popular Tencent-developed celebrity talk show “Shisanyao.” In the same month, Alibaba launched the “Blockchain Digital Copyright and Asset Trade,” NFT marketplace on its auction platform. In December 2021, Chinese state media minted its own NFT collections for distribution.
March 9, 2022, 8:00 am ET Starter.xyz (https://starter.xyz), the leading IDO launchpad, incubator and investor network, which has raised over $40 million in seed, private and public rounds for 50+ projects across multiple blockchains, is celebrating its first anniversary. Starter.xyz is natively deployed on multiple top blockchain platforms: BSC/Binance Smart Chain, Polygon, Ethereum, Avalanche, Fantom.
Since its inception, Starter has had rocket development, taking first place as the go-to IDO launchpad after just one year and making it a milestone enabler for countless DeFi projects. As such, it's a key resource for both investors and startups. Key innovations it has introduced at record speed: Vetting, Investor Protection and Interoperability.
Within less than one year of its launch, Starter was named the leading IDO launchpad by ROI in Q4 of 2021 by CryptoRank, creating more than 50 times growth for its launch projects at their high point (53.3x ATH). How does a startup achieve that kind of result so fast?
Starter's COO, Suvi Rinkinen, observed: “As a launchpad conceived to enable the widespread growth of DeFi, Starter was designed to ensure trust and provide quality for investors. This explains the rapid success that it has enjoyed early on.”
Blockchain has faced three main challenges which Starter has successfully solved with its innovations. These are:
Identifying the legitimate, high-potential projects in an ever-growing pool of countless startups.
Protecting investors from scams.
Providing enterprise-grade, scalable technology and interoperability.
As a safeguard, all projects that conduct IDOs on Starter are curated and vetted by the community, ensuring objectivity and using systematic criteria to assess their quality. The vetting looks at all relevant project activities – assessing tokenomics, marketing, the roadmap, and team history.
To prevent “rug-pulling” – when a project conducts fundraising and absconds with the funds provided by investors – after a raise on Starter, an IDO's funds are locked in liquidity pools and vested to bring yield in $START and $VEST in a win-win scenario for the investors and projects.
Starter began on BSC, which works with Solidity, the programming language used by Ethereum. That's one of the reasons why the BSC platform has grown so fast, offering an alternative technology to ETH and the latter's scalability impasses and high gas prices. Starter consciously chose BSC to start its launchpad/integrator while targeting the bulk of DeFi on Ethereum, and then quickly added interoperability with four more major blockchain platforms, thus vastly increasing the accessibility, value, and user friendliness of individual projects and their offerings, beyond the potential locked on Ethereum.
In response to solving these key challenges, Starter has seen considerable traction early on. Within its first year, it has completed 50+ in sales (seed, private, IDO), some of which sold out in seconds, raised $40M+ for hosted projects, created an incubator fund amounting to $17M+ in assets under management, and has almost 160 projects using their Liquidity Locking Service, StartVesting.xyz, which has over $40M TVL. Starter incubated and created the popular, Tamagochi-inspired PlayToEarn game, “Starchi”, offering revolutionary staking opportunities with up to 898% APY. As a result of Starter's early success, a second launchpad is in the making and soon to be announced.
To celebrate its first anniversary, Starter held a virtual birthday party and inaugurated a metaspace that will become an interactive digital meetingplace to enable community engagement, live since March 1, 2022. As this short film shows, the forum will enable a new kind of virtual community interaction, inviting viewers to discuss everything from tokenomics to governance and new trends in digital assets. The kickoff is Starter's first native metaspace event at 11:00 am ET on March 10th, 2022. Participants are invited to join the event here. Access will be granted on a first come, first served basis five minutes before the event starts. The interactive program agenda will cover how projects like Cake Monster and Project Oasis worked with Starter to strategize their successful IDOs, and what advice they have for peers.
Starter (https://starter.xyz) is the leading IDO launchpad, incubator, and investor network for $MATIC, $ETH, $AVAX, $FTM, and #BSC, having raised over $40M for 50+ projects, including Cake Monster, WallStreetBets, Nasdex, and Enjinstarter. Starter provides projects access to funding opportunities without the hassle of bureaucratic hurdles or complex KYC requirements. Starter's suite of products include a venture arm Starter.capital, launchpad Starter.xyz, token vesting and liquidity locking StartVesting.xyz, and play-to-earn game Starchi.gg.
The global crypto market with its astounding sprawl in diverse sectors. Has managed to garner the interests of folks from both crypto and non-crypto folks. The escalating sectors such as NFTs and metaverse have infused newer retailers and institutions into the space. The escalating adoption rate has been irrespective of the monetary analytics in the …
Ever since the Ethereum network had launched its Beacon Chain for staking in December 2020, enthusiasts have waited for the day that the chain will finally be merged with Ethereum’s mainnet, giving way for the Proof of Stake consensus to be the only mechanism through which new ETH is created. While unfortunately, a specific date […]
The soccer superstar Ronaldinho joins the crypto party after it partnered with Graph Blockchain in order to organize events and NFTs experiences for supporters and to serve as an official ambassador of the New World so let’s read further in today’s latest blockchain news. Graph Blockchain’s subsidiary New World Inc partnered with the Soccer superstar […]