StartFi: Harness Your Content, Achieve Your Dream

in #startfi3 years ago

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What is StartFi?

StartFi is a multichain Web3 based, completely decentralized platform that enables content creators to mint unique digital assets (NFTs like images, videos, music, artwork, etc) and sell them across the community and fans. Community in returns can uphold NFT creators through raising funds (Ino's), upvote designs, promote the artist, hold or participate in fan conventions, and other creative activities. As rewards community will likewise reward and revenue shares as a token holder.

Vision of StartFi

Vision is to help content creators harness content by leveraging NFTs and blockchain technology. StartFi vision is to empower NFT creators, buyers, and sellers by offering a safe and sound chance to claim and participate in the ever-changing dynamic NFT markets.

StartFi is on its mission to build a comprehensive platform that includes a dynamic NFT marketplace just as an impending platform that caters to the ever-changing launchpad and lauchpools.

Benefits of StartFi

The decentralized platform empowers the NFT ecosystem and unites content creators and fans.

StartFi will make it easy for creators to sell/closeout their content's copyright, for images as well as for videos, music albums and books.

StartFi will offer several advanced alternatives for content creators, including Time Locks, Decentralized Autonomous Organization (DAO), Private Pools, Milestone Unlocks and Cross-Chain Swapping.

The NFT ecosystem offers an entrancing Metamask Wallet-based Matching Mechanism to gauge user interest and enable creators to identify interested fans.

NFT holders can promote their favorite artists, organize or participate in fan get-togethers and engage like-minded individuals in other creative activities. In return, you will receive rewards and revenue shares as the platform's native token, STFI.

Features of StartFi

Interoperability - The platform is compatible with different existing blockchains just as the capability of fusing future blockchains too.

Completely Decentralized - StartFi will have its own AMM ( Automated Market Maker) and NFT Dex based on Ethereum blockchain

Starting NFT Offering (INO) - Creators will actually want to raise the funds for their new projects leveraging their NFT's

Trusted Pools - StartFi will deploy the KYC and whitelisting mechanism to prevent tricks and posting of genuine NFT's and users.

Private Auctions - Creators/Influencers will have the choice of creating a private mission for a specific set of communities or limited users, protecting security.

Governance Protocol - Token holders will have the right of participating in decisions for platform improvement or any changes that affect the community.

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What Is INO (Initial NFT Offering)?

Content Creators will actually want to raise funds for their forthcoming projects like music albums, entertainment videos, Digital Art, Documentary videos, Game Collectables that will need some money to start the creation process. fans will actually want to fund those projects utilizing NFT and earn money, resell it as a unique product, distribute, republish that content with the copyright management.

A well known creator who need to raise fund for his new creation, the NFT buyer will be the copyright owner, he will actually want to redistribute that creation, sell it on other platforms. It's a better approach for investing in digital content in its early stage.

Features of StartFi INO

Private INO

DAO

Time Lock

Milestones Unlock

Cross-Chain Support

Fan Token

The reputed artist could create a special limited edition token Multiple NFTs for their fans. Holders of that token will become members of a related fan club, will get access to exclusive content, rare NFTs, holding or participating in fan conventions, being engaged in other creative activities.

Fan Token will give the huge creators a better approach to create their community club with a better approach for engagement, backing, and showing dependability.

What is STFI token?

STFI is the utility token for StartFi platform. It will be used widely in all transactions, launchpad, Rewards. The STFI tokens fuel the ecosystem and serve as governance tokens also.

Tokonomics

Token Name - StartFi

Token Ticker - STFI

Network - Multi Chain Network

Complete Supply - 100 Million

Utility of STFI Tokens

Rewards - Token holders will acquire rewards from Pools distribution revenue and NFT exchange fees.

Exchange Fees - All platform fees and transactions will utilize STFI tokens as it were.

Governance - Fans who hold the STFI token will actually want to participate in deciding in favor of new proposition, add new features, and supporting creators on the platform.

Staking - Several types of staking pools according to tiers will be available in the future.

Exchange Listing

STFI is currently traded on the MXC Global exchange. Likewise, it has partnered with Gate exchange so very soon it will start trading in Gate exchange too.

Conclusion

StartFi has started this project to innovate and work on the fundraising process by leveraging NFTs and blockchain technology. With a process that involves fast funding and fund releasing mechanisms, nothing can prevent content creators from harnessing content.

For more information about the project click the link below:

Website: http://startfi.io/

Pitch deck: https://drive.google.com/file/d/1vrQ8N3UrQgBw8EiulLDXJZeoBWREiMPz/view

Telegram: https://t.me/StartFiChat

Twitter: https://twitter.com/StartFinance

Medium: https://startfinance.medium.com/

Written by : Bodijagaa
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BCS address: 0xE18f653893a0a89e869F2D66eD75BF72448D951E
Proof of authentication: https://bitcointalk.org/index.php?topic=5354889.msg57734133#msg57734133
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