Polkastarter
Current price
$0.0614
+0.20%24h
LiveUpdated 25s ago
TodayPolkastarter is flat, while the market falls.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.85%
- 24 hours+0.20%
- 7 days+1.82%
- 30 days−0.18%
- 1 year−56.01%
Polkastarter's move in context
Beating the market today
+0.20% today against −3.27% for the market as a whole, a gap of 3.5 points. A gap this wide suggests something specific to Polkastarter may be moving it, not just the market mood.
Trend has turned
+1.8% over 7 days and −0.2% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Polkastarter
Overview
Polkastarter is a decentralized fundraising platform designed to facilitate cross-chain token pools and auctions. Its primary mission is to enable project teams to raise capital efficiently and securely, while offering investors unique opportunities to participate in early-stage projects. By leveraging the power of the Polkadot framework, Polkastarter stands out for its ability to create decentralized and interoperable platforms that function seamlessly across various blockchains. The platform features a user-friendly interface and ensures a fair distribution of tokens, making it accessible for a wider audience. Additionally, Polkastarter aims to empower both startups and investors by providing robust tools for launching and participating in token sales.
Technical Features
Polkastarter employs a unique architecture that allows it to operate on the Polkadot network, utilizing its interoperable nature. The platform primarily operates using a combination of smart contracts on Ethereum and the Polkadot blockchain, ensuring security and scalability. Instead of following traditional proof-of-work or proof-of-stake mechanisms, Polkastarter uses a liquidity pool model that incentivizes participants to contribute to the fundraising process. The security model is founded on multi-signature wallets and decentralized governance through its native token, POLS, which allows token holders to vote on governance proposals and project assessments, contributing to the overall security and trust of the ecosystem.
Use Cases
The primary use cases for Polkastarter revolve around decentralized finance (DeFi) and fundraising for blockchain projects. It enables startups to launch their tokens in a decentralized environment, granting them access to funding without the constraints imposed by traditional venture capital. Investors can participate in token sales through liquidity pools, which not only promotes fair access but also adds a layer of decentralization. Furthermore, Polkastarter supports governance mechanisms that allow users to have a say in project developments, creating a participatory ecosystem. The platform also holds potential applications in NFTs and cross-chain asset transfers, unlocking additional avenues for innovation.
Development Background
Polkastarter was founded in 2020 by a team of blockchain enthusiasts and developers who recognized the need for a better fundraising mechanism in the crypto space. Its development has been supported by the Polkadot ecosystem, allowing Polkastarter to leverage the strengths of this innovative network. Significant contributors include a diverse team with expertise in blockchain technology, finance, and community building. Since its launch, Polkastarter has seen numerous successful token launches, partnerships with various blockchain projects, and continuous enhancements in its platform capabilities, leading to a growing community and robust adoption.
Community and Ecosystem
Polkastarter boasts a vibrant community of developers, investors, and blockchain enthusiasts. It has formed strategic partnerships with several key players in the crypto space, further enriching its ecosystem. The platform has attracted numerous projects, creating an array of applications that utilize Polkastarter’s fundraising capabilities. Additionally, active community forums and social media channels facilitate open communication and collaboration among stakeholders, promoting a culture of transparency and involvement. This thriving community is integral to Polkastarter's growth and adaptability within the fast-evolving blockchain landscape.
Future Potential
The future potential of Polkastarter looks promising due to its innovative technology and adaptable use cases. As decentralized finance continues to grow, Polkastarter is positioned to expand its offerings, introduce new features, and partner with emerging projects that require innovative fundraising solutions. The roadmap includes enhancements in cross-chain compatibility and improvements to the user experience, which will broaden its appeal to both investors and projects alike. With its robust governance structure and community-driven approach, Polkastarter is likely to play a pivotal role in shaping the future of decentralized fundraising and the broader blockchain ecosystem.
Polkastarter market
- Position by market cap among the coins we track.
- #378
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $6.09M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0605High $0.0616
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $7.51
- Now 1% of itReached 16 Feb 2021 · Needs +12,127% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 99.21M POLS
- 99% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 100M POLS
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 100M POLS
- The most coins that can ever exist. Some coins have no limit.
Polkastarter converter
1 Polkastarter = $0.0614
