Cardano's DeFi ecosystem is posting some shocking figures that point to rapid growth.

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:

1. Identifying the legitimate, high-potential projects in an ever-growing pool of countless startups. 

2. Protecting investors from scams. 

3. 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.  

For additional information regarding Starter's upcoming IDOs, please visit https://starter.xyz/. To learn more about Starter, Starter's community and how to begin investing, follow Starter's Twitter, Reddit and Telegram community channels. For upcoming events, follow Starter Announcements.

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About Starter

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. 

Media Contact: Transform Group [email protected]

The desire of buyers to return to the growth trend and continue the positive dynamics is clearly visible on the ATOM weekly chart. Although the ATOM price has not been fixed above the black trend line, some successes on the part of buyers are noticeable. First, sellers failed to update the local low of the weekly candle from 13 December. At around $19, there is a strong liquidity zone where ATOM buyers are willing to keep their prices. It was on the way to this liquidity zone that the trading volumes on the ATOM market increased and buyers were able to organize a counterattack. In fact, on 13 September 2021, the ATOM market began to consolidate in the global range of $19-$44. At the time of writing, the ATOM price is near the middle line of this consolidation. Therefore, in the absence of a trend, the importance of taking control of the trend line goes to 2nd place. Follow the $30 mark. If the trading week of 7 March ends above this mark, our main target is to test the mark of $44. Technical Analysis Of ATOM On The Daily Timeframe https://www.tradingview.com/x/uobhKOfY/ Analyzing the movement of the ATOM price on the daily timeframe, we can see the end of the local downward trend, which occurred on 24 February. The chart shows that high trading volumes did not help sellers even incorrectly update the local low from 15 December 2021. Also during the counterattack of buyers on 25 February the trading volumes increased significantly. This indicates a change of initiative in the ATOM market. The local price correction, which began on 4 March, has actually been completed. Looking at the ATOM market situation, the maximum problem that sellers can now cause is a $26 test mark. But, such a scenario requires a serious negative in the BTC market. Given the great potential for BTC growth to $46,000, we expect ATOM to continue to grow in price. You can confidently buy an ATOM after testing the $34 mark and keeping control of the $30 mark. The main target remains the same – $44. ATOMBTC Price Has A Prospect Of Falling By 10% https://www.tradingview.com/x/lgiMhaZ8/ The current uncertain ATOMUSDT price growth can be explained by a not very successful situation on the ATOMBTC chart. In fact, the ATOM price is growing only due to the aggressive BTC growth. At the moment, people are choosing to invest in Bitcoin over other cryptocurrencies. And this is clearly seen in the weekly chart of ATOMBTC. In recent weeks, trading volumes have fallen and there is a high probability that the ATOMBTC price will fall to 0.00064. If buyers keep this mark and at the same time the main growth trend – we will expect a strong growth impulse both in the pair to BTC and in the pair to USDT. Otherwise, a protracted correction of the global growth trend will begin, in which we will see a new ATOM price fall wave by 40%-50%.

The post ATOM Technical Analysis: Positive Scenario Is A Test Of $44 appeared first on Cryptoknowmics-Crypto News and Media Platform.

New sports sponsorship deals by crypto companies increased by 1,100% between 2019 and 2021.

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Hex Trust, an Asia-based crypto-asset custodian, today announced that it has completed its SOC 2 – SOC for Service Organizations: Trust Services Criteria assessment, conducted by Deloitte. An auditing standard developed by the American Institute of Certified Public Accounts (AICPA), SOC 2 compliance affirms that Hex Trust’s information security policies, procedures, and operations meet rigorous […]

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The Financial Crime Enforcement Network (FinCEN) mentioned cryptocurrency in its latest alert on Russian sanctions. FinCEN advised all financial institutions to be “vigilant against potential efforts to evade the expansive sanctions and other U.S.-imposed restrictions implemented in connection with the Russian Federation’s further invasion of Ukraine.” The agency reminds financial institutions that they have an […]

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The lore revolves around the Saku Shimai sisters who meet and join forces to create a maid cafe. Their main objective is to generate enough customer base and make friends along the way to open their mansion dream later. The mansion will be a place of joy and simplicity with only one basic rule: possess and be possessed.

LORE; Meet the Saku Shimai Sisters

The oldest one of the sisters in the game is Sunny. She is bold, brave, and determined. Furthermore, she loves relationships where she is the priority for pleasure. She hopes that her sisters will follow in her footsteps. 

Blossom, the middle sister, is creative, sensitive, and caring. She writes about her dreams and fantasies every day. It's impossible to know who she's talking to, but she regularly sends her naughtiest thoughts to a mysterious lover, but does he exist?

The last sister, Marcia, is the youngest and shyest. She communicates only by innuendo with a wry smile that sometimes says a lot about the depth of her thoughts.

As the sisters wait for the mansion to be built and completed, they have one main objective. They will select the first 200 privileged people among the maid cafe customers and introduce them to their many friends.  

Babes Mansion manager

Mansion in the Metaverse The Sandbox

The Sandbox metaverse Babes mansion

The main goal of the project, as mentioned,  is to have a live mansion in The Sandbox where all of the holders will be able to spend good time with friends and their babes. The team already acquired the land of the future mansion, you can take a look on it.

Close to the [sedai1] mint phase they plan to implement a mansion in The Sandbox in the  lands they already own. This way the Babes holders could meet them. The mansion will measure 3230 ft² with 1075ft² per floor. Only one floor will be accessible at the beginning.

As they want to try to bring quality products to the holders and this is why they worked with a direct partner of Philipp Plein for the construction of their mansion. Therein holders will be able to spend good time with their babes and friends by playing some games (ie. Poker, Blackjack) that will be implemented in the building.

Boku No Babes Minting

The project wants to supply Babes all over the metaverse with a stock of 3,000 NFTs. However, they want to keep it relatively low and regular hence only 26% will be whitelisted, i.e., Nijikon.  Users who become part of the 200 Nijikon will receive discounted minting and the ability to have  Babes.

Boku No Babes has several Babes types based on scarcity. For example, the Dandere is very rare and very shy. Others are the Kuudere, who are super cool and have a warm personality, the Moekko, who are vulnerable and dependent; and the Yandere, the Babes Hotel's manager and very possessive. 

Sedai0 and Sedai1 Minting Plans

Meanwhile, the mint will happen in two phases; Sedai0 and Sedai1. Note that each Sedai will have 1500 NFT's. Notably, there are 200 Nijikon for [Sedai0] and 200 Nijikon for [Sedai1]. In either case, after the Nijikon mint, the public mint will launch, and all of you will be able to have your Babes compose the story of your choice.

Furthermore, each Sedai will be separated by ten days. It will allow the team to focus on the financial side by a part and keep on the build of the mansion and all the needed features on a second hand.

A day after each public Sedai mint, the platform will announce its reveal. The scarcity level is not only about chara design: it will directly affect generated income. Notably, the scarcity/gain ratio is TBA, and each Sedai will, of course, have its vault and associated reveals.

The Club (Vault)

At first, the holders will be able to enjoy the vault by staking their Babes in it. The vault will be constantly felt during the project life, indeed, a part of the taxes and purchases made in the mansion in the metaverse The Sandbox, will be directly transferred in the vault. This will allow them to keep the Vault constantly fed. Hence, holders will be able to enjoy passive income, while enjoying all the benefits of the features in the metaverse and their Babes.

The vault will allow the project to present a preview of the final experience which consists of The Sandbox mansion. A portion of the revenue generated will be redistributed to the vault. Notably, 50% of the royalties on the secondary market will be re-injected into the vault, and this for the whole duration of the project. These royalties will be 7%.

About Boku No Babes

The Boku No Babes project promises to provide users with the possibility to see their NFTs being animated in the metaverse. Holders will be able to gain passive incomes via the vault as well as spending good time in the mansion in the metaverse The Sandbox enjoying parties, games with their Babes and with the other Babes holders.

The Saku Shimai sisters meet and team together to open their maid café. Their mentors' goal is clear: to gather enough clients and "friends" to subsequently open the home of their dreams. A paradise where everyone's everyday existence is joyous, easy, and uncomplicated.

Website: https://bokubabes.io/

Discord : https://discord.com/invite/ujvSP7aXyV

Twitter: https://twitter.com/BokuNoBi

Gitbook: https://boku-no-babes.gitbook.io/boku-no-babes/lore/boku-no-babes

Medium: https://medium.com/@Boku_No_Babes

The Exodus wallet is a multicurrency cryptocurrency wallet that has generated a great deal of buzz since its launch back in 2016. It is a well-designed wallet that is aesthetically pleasing and packed with numerous features such as an option that allows users to stake assets directly within the wallet to earn passive income, and […]

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The UK’s Financial Conduct Authority has issued a statement on Monday about Bifinity’s $36 million convertible loan advance to EQONEX.

Outer Ring MMO has completed its fourth investment round raising 1.6M USDT in a record-breaking Initial Dex Offering. Their token, GQ, took off after TGE in PancakeSwap, having +15M$ in volume the first 24 hours. This sci-fi Play-to-Earn video game has been developed since 2018 and is planning to launch its Alpha Game in June […]

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The Sandbox, one of the most popular community-centric virtual gaming world, has just reached a new significant milestone in the number of platform users. According to the most recent estimates, The Sandbox Metaverse has 2 million registered members, which is an impressive figure that every NFT-related platform might want. The Sandbox is Hitting New Heights [...]

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