BinStarter is a cryptocurrency fundraising platform that operates on the Binance Smart Chain (BSC) blockchain. It serves as a decentralized launchpad for new crypto projects, creating a special chance for startups to interact with potential investors. BinStarter makes the process of fundraising easier and more transparent for retail investors. According to BinStarter, they have launched 36 startups up to date. The last project was launched in June 2023. The most successful token projects launched are Medieval Empires, Galaxy Blitz, and Alaska Gold Rush.
In June 2021, BinStarter emerged as the inaugural multi-chain IDO Platform featuring an Insurance Protocol. Presently, operating as a multi-chain platform, they collaborate with crypto projects on Binance Smart Chain, Polygon, Avalanche, and Ethereum, aiding them in performing successful fundraising and subsequent token launches through their expanding network of partners.
Startups can efficiently and securely raise funds through the BinStarter protocol. BinStarter stands out in the industry community due to its platform development, risk mitigation with EIP, and swift project implementation, making it a distinctive protocol in its own right.
The native token BSR serves as a utility token on the Binance Smart Chain, following the BEP20 standard. It functions as a form of currency, enabling holders to either stake it and receive rewards or invest it for guaranteed access to launchpad allocations during token sale events.
BSR coin holders enjoy attractive staking rewards and additional project-related benefits. These benefits can potentially enhance your investment amount in the BinStarter IDO projects contingent on your tier. Nevertheless, members of all tiers have an opportunity to take part in IDOs with assured allocation rights.
IDOs are executed in two phases: