Learn about Polkastarter & earn $5 of POLS tokens - CoinMarketCap Earn quiz answers

By wantumeni | wantumeni | 14 Jul 2021

Polkastarter "Learn & Earn" Campaign will run from July 14th to July 23rd.

What is Polkastarter?

Polkastarter is a platform helping early stage projects bring their ideas to life by distributing tokens among a dedicated and passionate community. It does this by launching pools that have a maximum amount of tokens they can distribute and a cap on the amount each participant can buy.

Before taking the quiz, make sure to learn about Polkastarter through the 3 lessons below. Even though I provide the answers, the whole purpose is to learn something new:

How to take the quiz?

Make sure to have a CoinMarketCap account and a Binance account (KYC verified) as you will need a Binance user ID to complete the quiz. The tokens will be dropped into your $POLS spot account.

Once you're all set, you can now take the quiz to which you will find the answers below.

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?
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
Add Polkastarter to your public watchlist and paste the URL
(ex: https://coinmarketcap.com/watchlist/605f6a56c7173f644f765318)

If you successfully complete the quiz, you should receive $5 of POLS tokens as a reward. Note that the rewards are limited so hurry up, first come first serve!

Thanks for reading.