We are pleased to announce our next AMA on January 21st 2022 at 03:00 PM UTC Time: Satoshi Club x BStarter
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join BStarter Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. BStarter Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about BStarter
For more details:
BStarter Website – bstarter.io
BStarter Telegram – @Bstarter1
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
As regards security of investors and users funds, Bstarter is really playing a major role as a LaunchPad Project. I noticed that Bstarter has been audited by Solidity Finance. This is really great for investors to be rest assured of their funds being safe. While going through the audit report, I discovered some information I would like you to explain better. The total supply of the token is set to 300 million $BSTAR [300,000,000].
No minting or burn functions are present; though the circulating supply can be reduced by sending tokens to a DEAD address, if desired. What exactly is this dead address? The funds sent to this address, what is the fate of those funds? Is the dead address dissociated from the market regulation? And aside this means, is there other way you’ve put in place to ensure the reduction of the huge supply of the token since there is no minting or burning function?
On Bstarter’s website, it was stated that All your community backers are protected from financial loss that could come as a result of DeFi exploits and Vaporware., please i would like to know the ways in which you plan to Protect the Interests and assets of Backers in your community, are fully Doxxed and Audited? In what ways do you fully Give assurance to Individuals seeking to Also Participate in your platform for Financial Breakthrough? What sorts of Earning mechanisms is in place for Holders in your community, how would Both Small and Large Holders benefit from Bstarter? What marketing strategy & motivation is set in place for people to also Get to know about your Platform?
Bstar has 4 main Features which are SUBSCRIPTION MODEL, INSURANCE TREASURY, AUTO-LOCK LIQUIDITY & ACCELERATOR PROGRAM, but what caught ma attention was your
SUBSCRIPTION MODEL, it stated that Bstarter token holders who passed a qualification for BSTAR tier system are assured different slots in the early sales. These holders get early access to projects launching on the launchpad., please could you share with us these Qualification Process? What are the basic Process and requirements to get Qualified and how is this process carried out? And could you please Elaborate more on the this different slots you mentioned about? Thank you
Does bstarter reach out to other community to check on arising issue that maybe needed to be addressed,. project like this requires reaching out to wider range of audience for ideas, and can you tell us how willing and are they ready to help Bstarter in it’s development? Can you mentioned if not all but few outside community you’re currently in talks with in terms of collaboration and promotion?
What various roles does Bstarter 3 tiers play in regards to the requirements for user’s?
I’m aware that you have bronze silver and gold as your 3 tiers,
Which one of these tiers must be required by a users? And we want to know what is the use cases of these various tiers in helping Bstarter in it development?
Bstarter is a launchpad project. Bstarter launchpad is a project that will help new projects under the binance smart chain to raise funds for their project and gain popularity in their early stage. What kind of project do you assist and allow to Bstarter? Do you have a particular selection process you put in place to choose the type of project that will be offered help by Bstarter? How do you ensure that reliability of projects that are coming to Bstarter. Like is there a vetting process that you put in place to ensure the safety of a project before you offer funds to such Project? How do you ensure that you follow and benefit from these projects launched on your platform?
Your team decided to make the first IDO a lottery one, can you tell us how fairly is this lottery and what is the chances of getting into this IDO. And what platform is this IDO going to be happening? Are you planning to change the IDO format from lottery in the subsequent one? Because of 50/50 chance of investors winning a spot they might be discouraged.
Your whitelist campaign is currently open and you’ve set the IDO dates as follows;
24th Bstarter Launchpad
25th Dfistarter Launchpad and
29th DaoStarter Launchpad
Why have you chosen to hold your IDO on three different dates and on three different platforms? What are the requirements for users to participate in these IDO? Can a single user participate in the three IDO. From your gleam whitelist campaign, over 12,000 entries have been recorded and more entries are coming in. But one thing is certain that not all these entries would be allocated a whitelist spot even if they provide the appropriate information needed. How do you plan on compensating users who will not get a whitelist spot? Would there be an Airdrop campaign subsequently for the community??
In your token Distribution, it was noted that 25% Pre-Sale, 15% Team 13% Staking 12% Reserves 10% Marketing 10% Ecosystem 7% Partnerships 5% Advisors & 3% Airdrop respectively.. With a regards to your Tokenomics, i would like to know who these ADVISORS are that recives a 3% cut, what role do they play on your platform? Could you give details on your Airdrop events and how to participate as well? & i would like to know if you have any Token-Burn Mechanisms? As we all know the Advantages and Importance of Token-Burn, and does Bstar also support Interoperability as well?
BStarter is a Decentralized Launchpad in BSC ecosystem. But already there are lot of popular Launchpads in BSC network such as Binance Launchpad, BSCPAD, Trustpad, Redkite, Seedify etc… So heavy competition exists among these Launchpads already. So How will the BStarter be a popular & Potential Launchpad within BSC ecosystem by surpassing other Launchpads? What kind of marketing & innovative methods will you take to expand the BStarter ecosystem throughout the BSC network? And also What are the consolations that you will offer to the projects which will use BStarter Launchpad than other Launchpad platforms?
BStarter platform is said to be a decentralised launchpad built for new projects looking to launch on the Binance Smart Chain. I learnt that one of the advantages that the BStarter platform offers is that successful project applicants are allowed to join the BStarter Accelerator Program which provides them with development resources. Can you give more information about the BStarter Accelerator Program? What are the various services/resources that the BStarter Accelerator Program provides for projects? Apart from being a successful applicant on BStarter launchpad, are there other requirements that projects must meet to be able to access the BStarter Accelerator Program and its services?
The IDO event of BStarter is scheduled on 25th of January on DFISTARTER Launchpad. I’m sure that there is a still chance to be whitelisted. So Can you tell us about the Whitelisting process? Do users need to pass the KYC to get a whitelist spot? What are the requirements in order to participate in your IDO event, are there extra chances for those who stake $DFI (native token of DFISTARTER) tokens? However, How many $BSTAR tokens will you sell through the IDO event? In what way will the vesting schedule be taken place, Will you distribute the $BSTAR tokens immediately after the fundraising completion or Do you follow a regular vesting schedule? What will be the minimum & maximum investment per a user? Please share with us more details about your upcoming IDO event & it’s terms and Conditions?
About your subscription model, I found out that BStarter token holders who qualify for the BSTAR tier system are assured different slots in the early sales. Can you give more information about how the subscription model of BStarter works? How can BStarter token holders qualify for the “BSTAR tier system”? What are the requirements that BStarter token holders must meet to qualify for the BSTAR tier system?
One of the unique feature of your project is that it will have a INSURANCE TREASURY. Projects that launches on BStarter will be expected to contribute to this treasury and the treasury is expected to provide a cushion for users during scam or rug-pull situations. Can you explain how the treasury works and the percentage of fund that are expected to be contributed by each project that launches? How is the fund in the treasury kept and how will launchpad participants request access to this fund in cases of unfortunate incidence? And apart from this insurance fund, what other effort will you use to protect the interest of IDO participants?
I understand that any project that uses BSTAR as a launchpad will contribute to the insurance treasury. Qualifying projects will gain early access to exclusive services offered within the BSTAR Accelerator Program. Also Bstarter token holders who qualify for the BSTAR tier system are assured different slots in the early sales. Can you elaborate more on the process for projects to qualify for the BSTAR Accelerator program? What are the the documents needed for this process? How can Bstarter token holders qualify for the BSTAR tier system? What are the percentage contribution is a project attached to?
In this quarter, You are going to list $BSTAR token initially on Pancakeswap & Later on other CEXs. Could you please give us a sneak peek about these forthcoming listings? What will be the CEXs that you are going to list $BSTAR, Can you name them? Is Binance exchange within the list? At what price will you list the $BSTAR token on Pancakeswap & CEXs? And also Tell us how will you manage the liquidity on exchanges, I mean How much will you add the liquidity initially on each exchanges & Continue it without liquidity shortages?
It is said that before incubating a new project in the BStarter ecosystem, a complete and in-depth vetting process is carried out to ensure the security of investors’ funds. Despite this, the BStarter platform also introduced an “Insurance Treasury” feature which ensures that projects commit a percentage of their sales to fund the treasury. Can you give more information about the Insurance Treasury feature? Has the exact percentage that projects must commit to fund the treasury been determined already? If yes, what is it the exact percentage? Why did you see the need to still introduce this feature to the BStarter ecosystem despite the rigorous vetting process that has been setup already?
Going through your whitepaper, I discovered that Bstarter offers a lot of amazing benefits to businesses looking to launch their BSC projects on the Bstar launchpad such as exposure to investors who are keen to invest in new BSC projects, automatically generated smart contracts which ensure the security of funds and data, even enabling projects to raise funds, and whole lot of other benefits. My question is; as a potential user looking to launch a BSC project who is keen to enjoy what the Bstar launchpad offers, what would it take to have a project launched on the Bstar launchpad? What does the application process involve? How does the Bstarter select the BSC projects to be launched on the launchpad? What are the certain criterias the projects must meet in order to be considered for launching on the platform?
Thanks.
Going through your white paper, you stated in your executive summary that one major advantage of investing in BSTAR Platform is Insurance treasury to minimize losses in
instances of failed projects. However you also wrote in your disclaimer that “BSTAR will not be liable for any financial Loss incured as a result of investment in the BSTAR token”.
This disclaimer contradicts the insurance treasury in your advantages and may discourage prospective investors from investing. Kindly clarify what this Insurance treasury actually covers and to what extent in your involvement. Thank you
I read that One of the features of the BSTAR is the accelerator Program in which Users Gain early access to certain services offered on by the BSTAR accelerator program. Some of these services include; Social media, Token engineering, Web3, Branding support and security audits. My question is how do the accelerator program grant access to the listed Services? Does this mean that users can actually promote their businesses using this services? Are there requirements needed for users to be able gain early access to this services?
One of your platform’s features is the SUBSCRIPTION MODEL, which guarantees distinct spots in the early sales to Bstarter token holders who meet the BSTAR tier system’s requirements. Projects launching on the launchpad are given to these holders first. So I’m curious about your BSTAR tier. There will be how many tiers? Also, could you explain us what requirements a Bstarter token holder must complete in order to be eligible for the BSTAR tier? Is it also possible for a token holder to vote on a specific Bstarter project?
Bstarter will give admission to projects based on Binance Smart Chain only, have you planned in the future to be more flexible and incorporate projects created in other chains and networks, will BStarter also have incubation functions for nascent projects and in the process of development?
While going through the Bstarter website, I got to know the 4 main features of Bstarter which include the subscription model, the insurance treasury, the auto-lock liquidity and the accelerator program. The insurance treasury feature really caught my attention. Can you please elaborate on this statement which explains the insurance treasury feature on the website “Every project that launches on BSTAR will contribute to the insurance treasury of the platform, the platform will provide investors a solid sense of financial safety against projects that could fail.” Does this mean that investors get their funds back if a project launched on the platform fails? Or will the funds from the treasury be put in to support and rebuild the project in such a case? How would the contribution of each project to the treasury be determined, would it depend on the project or is it fixed? Please give more details on this, thanks!
What are the main characteristics and requirements that a project must have to be included in the BSTAR platform, must it go through a specific security protocol or KYC, what does the BSTAR Accelerator Program consist of, what tools, benefits and guarantees does it provide to its participants?
Good afternoon.
You have an interesting statement on your website in the presentation section of the company that yours community backers are protected from financial loss that could come as a result of DeFi exploits and Vaporware. Please tell me, is security provided exclusively by qualitative analysis of projects, or will security be backed up by something else?
According to your website, every project that launches on BSTAR will contribute to the platform’s insurance fund, which will give investors with a solid sense of financial security against ventures that may fail. So, could you go into more detail about this insurance treasury? How much funding will you need for projects that will debut on BSTAR? And you stated that if the project fails, you will provide investors with a solid sense of financial safety. So, what exactly do you mean by a solid sense of financial safety? What would the percentage be?
Good afternoon.
I learned from your Twitter that until 01/23/2022 there is an opportunity to participate in the white list place draw and get an allocation to IDO Bstarter. However, the drawings are always arranged in such a way that not everyone is lucky who would like to take part. Is there any other way to get an allocation? Maybe some activity in the community or some other actions can give a chance? Please tell us more about this?
One of the challenges faced by new project apart from funding is the lack of appropriate partnerships link, technical resources inadequacy, branding and marketing. Apart from funding, can you explain how your accelerator program will be able to assist projects to overcome these challenges? What market links or human capital resources will projects have access to and for how long will you be able to support projects post-launch to ensure they are sustainable for a long term?
Good afternoon.
To date, there are already quite a lot of projects that specialize in launchpad. What distinguishes your project from most competitors? What features do you offer the user that may encourage him to additionally participate on your site? Your roadmap is limited to the first quarter of this year. What targets do you want to achieve by the end of the year?
What is the BSTAR level system, can BSTARTER provide and guarantee its investors financial security against projects that could fail, what is its economic model to maintain a high level of liquidity, can it describe its mission, vision and long-term objectives, what is it their current reach and how much do they plan to expand around the world?
You mentioned that The pre-launch sale will take place using a
whitelist sale, Pre-sale marketing will begin 16 days before
the pre-sale begins. People named on the whitelist will
be put into a draw and 1000 usernames will be
randomly chosen.When should we expect the pre-sale marketing ? Is the whitelist still open? If yes, how can we participate? Are there any requirement for Participating in the Pre-sale?
One of the concerns of launchpad participants is whitelisting procedure and token allocation system that are you to distribute token during presale. I saw that you will use a three tier layer comprising Bronze, Silver and Gold. Can you explain more on the subscription model and procedure to join each tiers? Will participation in each tier be based on “first come first serve” or will you implement guarantee allocation to users in premium tiers? Also, will users be expected to stake your token for a minimum period of time before they can join sales or can they join sale by just holding the required token?
I understand that BSTAR is an ambitious Binance launchpad project thataims to become the number one place for businesses toplan, develop, and launch their project on the BinanceSmart Chain.What are the 3-killer features of your Platform that make you stand out from other platforms? Can you tell the advantages Business owners and Investors Gain from the BSTAR platform? What requirements do users need to be able to use your Platform? What are the Security measures you have put in place for business owners and investors that use your platform?
I follow you in Twitter and I noticed that you have rare interactions with the platform despite having 32,000 followers. Anyway, I read from a tweet that you will be doing your launchpad soon, and one of the platforms you partnered with us Coinhub. What is your reason behind this partnership, and what amazing features do you intend to achieve in this mixed venture? Can users who currently do not have Coinhub wallet need to apply first for the wallet to access and join in your launchpad event?
One feature of the project I got interested with is Bstar aims to help start-up businesses to capture large market scope for them to actually engage in to the industry more and earn more, using of course your platform. My question is for this Business to actually launch through your platform, what requisites the Bstar system will require them to comply with so to assure stability of both sides involved? Is there any security measures you have in order to cease nuisance projects with negative aim for other investors of Bstar?
Bstarter token holders who passed a qualification for BSTAR tier system are assured different slots in earlier sales, with that in mind, What kind of qualification does a BStater holder meet before slots can be allotted to them?is it categorized by the number of Bstarter token a holder holds in it’s wallet?How many slots are currently available for sales?Also these holders get early access to projects launching on the launchpad.Does this mean this holders gets some kind of VIP treatment? thanks
The BSTAR Launchpad is a place for new projects that want to launch on the Binance Smart Chain (BSC). Are there any requirements for a project to be hosted on your platform? Is KYC required? And will all projects be equal? I’m talking about the fact that Bstar will give the same opportunities for promotion for each project, or will there be some kind of priority because of some condition?
You said, “Our community supporters are protected from the financial loss that can result from DeFi and Vaporware exploits.” What measures have been taken to protect yourself from vulnerabilities?
Since Ethereum now is much more expensive than it was in the early days and it is relatively slow compared to the new block chain networks,and we have lack of software development and resources,How then can we gather a large community of engaged investors to invest in new BSC projects. Which will lead to more lucrative seeding and private funding for the project.
I do already participate in some launchpads and it would be interesting to know the requirements for users to join Bstarter launchpad for supporting newly born projects. Usually users must stake native token to get more chances (or even guarantee) being whitelisted. Does it happen the same way with Bstarter? If yet, what are the staking pools offered to investors? If there’re some other requirements to be met – please call them. Thanks!
As per my experience, some launchpads are not providing any additional support to projects other than the launch. At BStarter Qualifying projects will gain early access to exclusive services offered within the BSTAR Accelerator Program. The services include software development, social media marketing, token engineering, Web3, branding support, security audits, and creation of marketing materials such as whitepapers. Will it include any post-launch support? By which actions you can help new projects stay “alive”? Thanks!
According to your whitepaper, Bstarter provides a slew of amazing benefits to businesses looking to launch their BSC projects on the Bstar launchpad, including exposure to investors looking to invest in new BSC projects, automatically generated smart contracts that ensure the security of funds and data, the ability to raise funds, and more. What would it take for a project to be launched on the Bstar launchpad if I were a potential user wishing to launch a BSC project and wanted to take advantage of everything the Bstar launchpad has to offer? What is the procedure for submitting an application? How does Bstarter choose which BSC projects will be shown on the launchpad? What are the specific requirements?
The increasing number of scams ,DeFihacks and vapor ware exploits is reducing investors confidence.Thats where Bstarter comes in,you offer solutions by carrying out a complete and in-depth vetting process of each and every new potential project before opening it to the community investment, investors are protected from financial loss as the project are legitimate and secure.Does this security measure guarantee a100% safety of every new project coming in?So far what good reports have you reports have you received from investors concerning the level of security you implemented on your platform?Will BStater cross chain to other blockchains in the future?
The insurance treasury function piqued my interest. Can you please elaborate on this statement on the website that explains the insurance treasury feature: “Every project that launches on BSTAR will contribute to the platform’s insurance treasury, the platform will provide investors with a solid sense of financial safety against projects that could fail.” Does this mean that if a project launched on the platform fails, investors will receive their funds back? Or, in such a circumstance, will treasury monies be used to support and reconstruct the project? How would each project’s contribution to the Treasury be calculated; would it vary depending on the project or is it set in stone? Please provide additional information on this.
Can you tell us how fair this lottery is and what are the possibilities of getting into this IDO because your team opted to make the first IDO a lottery? And where will this IDO take place? Do you have any plans to switch the IDO format from lottery to something else in the future? Investors may become frustrated due to the 50/50 possibility of winning a place.
Can you tell us how fair this lottery is and what are the possibilities of getting into this IDO because your team opted to make the first IDO a lottery? And where will this IDO take place? Do you have any plans to switch the IDO format from lottery to something else in the future? Investors may become frustrated due to the 50/50 possibility of winning a place.
Bstarter is said to implement a SUBSCRIPTION MODEL for token holders who qualify and pass the BSTAR tier system to get assured different slots in the early sales and early access to projects launching on the launchpad. Can you elaborate on these SUBSCRIPTION MODEL and What are the requirements for Bstarter token holders to pass the qualification for BSTAR tier system? What are the different BSTAR tier system? What are the different slots in the early sales qualified holders can get and the benefits of these different slots?
One of BStarter feature is the ACCELERATOR PROGRAM -where users Gain early access to certain services offered on by the BSTAR accelerator program. Some of these services include; Social media, Token engineering, Web3, Branding support and security audits.But will like to ask further,Will you run a series of Accelerator Program across various regions to encourage and assist startups and developers looking to build on BStarter?And have you also form any partnership in connection with this program?And with this Accelerator program do you think you can give Blockchain developers and start -up a 100% guarantee that their project will grow and foster across BStarter Ecosystem?Please explain Thanks
Looking at your Tokenomics and the Token Distribution and Funds Allocation, out of the 300,000000 Total Supply, 36,000000 is allocated as Reserve fund. So can you tell us how this reserve fund will be utilized? Also you mentioned a well-funded insurance treasury on Bstarter to increases investor confidence, making BSTAR an attractive place to invest. Can you elaborate on this Treasury fund? How will the treasury be funded and how will the fund be allocated/used?
I noticed that Bstarter has a 3 tiers in its platform such Bronze, Silver, and Gold. But I will like to talk more on each of the?And what is the amount of BStarter token allocated to each tiers and also the exact amount of BStarter token users need to hold before they can participate in the any of the tiers?And can you talk more BStarter launchpad tier System -Especially Guaranteed Allocation?
Thanks
You recently announced Bstarter partnership with Coinhub a “Decentralized Multi-chain Wallet”.We know there are many wallets in the Cryptospace such MetaMask, Trust Wallet etc.Why did you opt for CoinHub?Does that mean we can’t connect to BStarter with other wallets expect CoinHub?What is your reason for working with them and what expertise will working with CoinHub bring to your platform to make big and enhance the growth of your platform?Please explain Thanks
What is BSTAR’s quality assurance approach? How do you evaluate or screen projects launched on the BSTAR launchpad? How are sponsors in your community protected from financial losses that could result from DeFi and Vaporware vulnerabilities?
Why is the BSTAR Launchpad the best location for new projects looking to launch on the Binance Smart Chain (BSC)? How and who can join the BSTAR Accelerator Program? What is this program going to provide them, how would it help them?
What will BSTAR Launchpad enable projects? Why can developers reliably finance all associated costs related to construction by using our token vouchers? How are they going to compensate their most loyal fans? Will there be something for them? How can holders of Bstarter tokens be guaranteed different spaces in the first sales?