MARKET PROBLEMS AND OUR SOLUTIONS

Lack of funding is still the leading cause of startup failure: Startups need funds for operations, assembling a robust team, marketing, further research on product improvement, and integration of cutting edge technologies. BitStarters will connect builders with innovative ideas with web3 enthusiast.

Builders launching projects with little or no real world utility: Most projects do not have sustainable business model. Many builders just raise money on narratives that are dead on arrival. BitStarters will only incubate projects with well-defined business model.

Lack of regulatory clarity: This has affected funding of crypto startups and regulators crackdowns on a particular project can adversely affect its growth and adoption. BitStarters will integrate Decentralized KYC to protect incubating projects from anti-crypto jurisdictions.

Unfair Allocation Mechanism: Most Launchpad relies only on Lottery for their whitelisting. With this mechanism an unlucky user may never get a chance to participate in IDO. Bitstarters will operate on a fair and equitable allocation mechanism viz Priority Pool , Whitelist Pool and Community Pool.

Single-blockchain limitation: Focusing on a single blockchain leads to users missing out on promising projects on other blockchains. Users of BitStarters will gain early access to top projects building on dominants.

·Lack of transparent vesting : Some projects give Angel Investors a highly unfair discount. In such case, Vesting is usually hidden from Public and the VCs rekting public investors on TGE. Fair Tokenomics will be an integral selection metrics on our platform.

Teams dumping “locked-up” tokens : Smart contracts allow for transparent, on-chain vesting that is verifiable. No more vesting that is based on empty promises, misplaced trust, and done manually by teams on cold wallets with all tokens already generated.