Polkastarter (POLS) is a decentralized platform that aims to facilitate the launch and fundraising of new projects in the Web3 space. It supports initial dex offerings (IDOs) across various major blockchains, including Ethereum, BNB Chain, Solana, Polkadot, Polygon, Avalanche, and Celo. The platform seeks to provide early access to IDOs, NFTs, and Gaming Web3 innovations. POLS, the native utility token of Polkastarter, is used to gain access to pools and allows projects to give priority access to POLS holders. The platform first went live in December 2020 and has grown to facilitate initial DEX offerings (IDOs) operating on the Ethereum blockchain.

Polkastarter operates by enabling blockchain projects to create their own fixed-chain swap pools. These pools aim to allow projects to raise funds securely, while users can participate without risks, as swaps are automatically executed by smart contracts. The platform's main feature is its fixed-swap smart contract, which allows projects to easily launch liquidity pools that execute orders at a fixed price. Other key features of the platform include permissionless listings, anti-scam capabilities, and KYC integration. POLS, the native utility token of Polkastarter, is used to gain access to pools and allows projects to give priority access to POLS holders.

Polkastarter aims to provide a platform for early-stage blockchain projects that seek to raise capital and distribute their tokens simultaneously. It is most commonly used by these projects to launch and raise funds through multi-chain token pools. The platform also seeks to enable early access to IDOs, NFTs, and Gaming Web3 innovations. Beyond fundraising, the technology behind Polkastarter can also be used for closed OTC deals with password protection, discounted sales with allowlisted addresses, investment syndicates, and crowdfunding.

Polkastarter was co-founded by Daniel Stockhaus, Tiago Martins, and Miguel Leite, who currently hold the roles of CEO, CTO, and COO respectively. The platform first went live in December 2020 and has grown to facilitate initial DEX offerings (IDOs) operating on the Ethereum blockchain. In Q4 2022, Polkastarter released new community utility features, such as governance and POLS Power Boosters, which aim to increase your allowlisting success. The platform has helped launch over 110 projects, consisting of token sales, NFTs, and metaverse sales, and has facilitated the raising of funds for its projects, reaching a collective market capitalization.

Polkastarter utilizes a selection process for featuring projects on its platform for Initial DEX Offerings (IDOs). This process is guided by principles of fairness and includes four steps: Initial Application, Preliminary Due Diligence, Direct Assessment & Council Vote, and Approval and Onboarding. The selection criteria are based on four key areas: basics, development, team and leadership, and tokenomics. The basics cover the application and marketing aspects of the project. The development aspect examines the practicality of the project. The team and leadership aspect assesses the team behind the project. Lastly, the tokenomics aspect looks into the vesting periods and lockups, allocation post-TDE, token utility, and security. This selection process strives to maintain a focus on high-quality and innovative projects on the Polkastarter platform.

The Polkastarter token (POLS) serves as a governance token, allowing holders to vote and submit proposals related to the development of Polkastarter. POLS also facilitates staking activities, enabling holders to participate in pool activities and access exclusive pools. POLS is used as a key to access high-demand pools, with pool access limited to top liquidity and network contributors. This aligns the interests of the entire Polkastarter community, supporting diverse token holder communities engaged with the project and committed to its long-term development. POLS Power, a feature of the platform, determines a user's chance of participating in Initial DEX Offerings (IDOs) and NFT sales. It aggregates the eligible POLS balance across the platform, including tokens in wallets and staked POLS. Users gain access to IDOs through a lottery system, with each 250 POLS granting one ticket. The system is designed such that a larger number of tickets or higher POLS balances may influence the lottery outcome.

Polkastarter strives to connect early-stage projects with initial community members through Initial Decentralized Offerings (IDOs). In an IDO, a project distributes tokens to community members in exchange for resources. This model aims to gather resources and grow their community, while participants gain early access to tokens from early-stage projects. Polkastarter is a cross-chain platform, meaning it allows users to interact with different blockchain networks in one place. The platform uses a tier system to influence users' chances of being whitelisted for an IDO. The number of POLS tokens a user holds in their wallet corresponds to their tier, which is a factor in the whitelisting process. Polkastarter's launchpad model is designed to facilitate the resource allocation process and empower both project teams and participants in the evolving blockchain ecosystem.

Polkastarter has implemented a specific set of guidelines to maintain the security and transparency of fundraising events. Projects launching on Polkastarter are required to adhere to these guidelines, which include mandatory recognition on industry platforms, fully audited token contracts, and accepted communication strategies. Projects must ensure a certain level of liquidity on DEX listings per individual pair and disclose a recognized liquidity management provider. All funding rounds and full tokenomics must be public information before applications open. Polkastarter requires projects to maintain regular, daily communication with them. Failure to comply with these guidelines can lead to the project being removed from Polkastarter. However, Polkastarter aims to ensure the enforcement of these points, within the constraints of the decentralized nature of cryptocurrencies.

Some projects that have launched on Polkastarter include SuperVerse (previously known as SuperFarm), Wilder World, Ethernity Chain, Polytrade, and PAID Network. These projects have shown substantial non-monetary progress since their launch. Other projects like AntiMatter and Stratos Network have also shown results. It's important to note that while these projects have shown growth, the performance of a project does not guarantee future results. As with any asset, individuals interested in these projects should conduct thorough research to understand them better.

Yes, individuals and organizations are intended to be able to contribute to the development of Polkastarter. However, it's important to note that Polkastarter grants users a non-exclusive, personal, non-transferable right to use the service, subject to the terms and conditions contained in its user agreement. Unauthorized use, such as copying, creating derivative works, distributing, publishing, reverse engineering, decompiling, disassembling, modifying, or translating the Polkastarter website or the service is prohibited. Polkastarter and its licensors hold rights in and to the service and code, technology, organization, and structure, including copyright, trade secrets, intellectual property, and other rights. Users are solely liable for any damage, costs, or expenses arising out of or in connection with any unauthorized use.

Yes, users have the option to lock their POLS tokens on the Polkastarter platform. This action may potentially influence their POLS Power, subject to various factors. This process enables users to apply to new IDO allowlists immediately, potentially reducing the waiting period. After the lock period of 7 days, users have the option to retrieve their POLS tokens when they choose. The staking feature is available on both Ethereum and BNB Smart Chain. It's important to note that staking tokens may potentially involve smart contract risks and network fees. There is no APY on POLS token staking, and retrieving tokens may influence POLS Power.

Polkastarter has outlined plans for the future. The platform aims to offer improvements in early-stage fundraising and make Web 3.0 innovation accessible to everyone. The vision for the upcoming year includes a series of updates and features that aim to modify the user experience and uphold Polkastarter’s commitment to fairness and community engagement. One of the major updates includes the integration of Know Your Customer (KYC) processes directly into its platform. This improvement seeks to streamline the KYC verification process. Polkastarter is introducing in-platform quests, cross-chain instant swaps, and profile dashboards within the platform. Polkastarter aims to introduce POLS v2 to address previous bridging issues from BSC to ETH. The new token aims to address concerns related to stuck tokens and improve the process.