coinmarketcap Learn & Earn Answers - Polkastarter ( $5 of POLS)

By kamikimms | Crypto Observer | 18 Jul 2021

Here are the answers to CoinMarketCap's latest learn & earn - access the page and participate on https://coinmarketcap.com/earn/project/polkastarter

About
Polkastarter is the leading platform for crypto IDOs, or Initial Decentralized Offerings. But what exactly are IDOs, and why are they so beneficial to the fundraising ecosystem for both the projects that are raising funds and the participants who are buying tokens? We answer that for you.

What is Polkastarter? A launchpad protocol to kickstart early-stage crypto projects.

What type of fundraising occurs on Polkastarter? IDO

What does IDO stand for? Initial Decentralized Offering

What are the benefits of a Polkastarter IDO to the projects that are fundraising? Select all that apply. All of the above

Which of these chains is Polkastarter not live on? Avalanche

What primary role does the POLS token play in a Polkastarter IDO? Participants must hold POLS to be whitelisted for an IDO.

What is the minimum amount of POLS you have to own to be eligible for a Polkastarter IDO whitelist? 250

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kamikimms

Crypto Observer

Like many of you I entered the crypto market during the ATH (April 2021), and not too dissimilar to many it was the meme coin DOGE that brought me in. I am no longer a holder of DOGE but I am hooked! I have since diversified my modestly sized portfolio by setting aside a percentage of my pay check. I'll share my observations along the way, I have no shame in accepting my inexperience and learning from others, neither should you.