MoonStarter (MNST)

What Is MoonStarter?

MoonStarter is the first IDO platform able to cover all blockchains. The Platform is located on the BSC, as they say themselves it's cheaper transactions, faster and for the Interoperability it has. They have their own token MNST which you're able to buy at KuCoin or swap at Pancakeswap. They are for the moment the only platform to offer this this kind of IDO solution.

The project has just been released and it's token and you where able to buy their token from 12th June at a price of $0.113048 per token the price did declined to $0,053084 per token but did a jump today to $0.079200 per token at the time of writing. I think the demand for the token will be high because of the feature the tokens brings at the platform and how you can participate at IDOs.

MNST Tokens Is a Must To Have!

As I told above the token has a big impact how you can participate in the IDOs and if you you are allowed to. How many MNST tokens you have and how long you have staked the decides the tier you will belong to. More on that below. The staking feature you find at their site MoonStarter and you can easily connect with Metamask or walletconnect if you don't have Metamask. Once you have get hold of the MNST token, you will be able to see how many you have at their website aslo when you are connected, and it's easy from their to stake your MNST tokens. 

The staking function will only for now decide the tier, but will in the future have staking we are used to and by that I mean that you can stake for more in the same pool as the tier system. The stake for more function will you not find information about. But I have been in contact with MoonStarter and have gotten that information forehand. If you are in to IDOs this is the best place because you will not need crypto all over every place, MoonStarter covers it all!

MoonStarter Cover All Blockchains

As told MoonStarter is a platform their you'll find IDOs from every blockchain. For now all blockchains are not covered by the platform, this early in BSC and Ethereum blockchain are covered. For now MoonStarter currently waits for the MoonBeam Parachain when the Parachain is complete the platform will support Solana, Cardano and Polkadot to. The Parachain is essential for the platform to be able to include all blockchains.

Maybe I will cover MoonBeam and the Parachain in another article, funny enough I started to write an article about MoonBeam for about one month ago and now I got in conntaced with it again. Only that tells you that the MoonBeam project is something out of the usual and many will probably relay on it as soon as it launch.  This is why MoonStarter will have a huge interoperability.

The final blockchains MoonStarter will support is Tron and Cosmos, this will however come in the last steps of the final development of the platform. Where the first target is to support the blockchains it can when the Parachain is complete.

The Tier System Of What IDOs You Are Allowed To Participate In

The tier system is divided in four tiers. The tier you belong to is controlled by MNST token.  Which tier you'll belong to is controlled by how many MSNT tokens you have and how long you have staked them.

The Callisto tier is a tier you don't want to be in. This tier is the start tier at the bottom and have the worst access to IDOs of the four tiers. This tier requires you to stake MNST for at least seven days. This allow the staker to participate in a lottery and have a chance of getting whitelisted for IDOs. Not a good tier if your goal is to have access to many IDOs and participate.

The tier after Callisto is Elara. Here users have a guaranteed spot at the IDO if they have X amount MNST staked at a minimum of seven days. The X amounts is based on the amount of MNST staked. This will probably differ a lot between IDOs.

The tier after Elara is Himalia, just the name of this tier feels calming. In this tier users have a gurateed allocation if they have staked minimum y MNST tokens or have staked for at least ten days. We can see in this tier that the users have a guaranteed position at the IDO if the just have staked minimum y MNST. This differ from the Elara tier and the tiers have two different amounts of MNST tokens that have to been staked to access the IDO. You also in this tier get a chance if you don't have y amount to stake, you can just stake for ten days and get access to IDO and belong to this tier. This tier is based on the amount of staked MNST in correlation to y amount MNST you most have.

The last and the highest tier to belong to is Kalyke. In this tier it's required to stake MNST for minimum fourteen days and have staked minimum z MNST. This tier to is based to amount of MNST staked. After Callistio tier there will be three different amount of MNST that decides which tier you belong to and the tiers after this have it's own features. In the end everything is decided on how many MNST tokens you have and how long you ave staked them.

MoonStarter will probably be a huge platform and famous for the IDOs it brings. If the project gets a little kick and get many token holders, many new project are likely to do their IDO there because they know MoonStarter will cover all blockchains and  by that attract many investors. The MoonStarter project is first out with this solution and as long no other project with heavy investors behind copies it, they can be breathe out. For me this is a well thought out idea that has become a great project. If IDOs is your thing JOIN  IN WITH ME!.

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