Stargaze Overview
Stargaze is a fully decentralized NFT marketplace in the Cosmos ecosystem. Stargaze is a zone in the Cosmos ecosystem that exemplifies high levels of security, decentralization, transparency, and flexibility.
Stargaze is designed as a Proof-of-Stake Cosmos zone from the beginning, providing it the greatest flexibility in terms of protocol design, compatibility, and scalability. The governance-driven development method of Cosmos chains allows for the rapid creation and iteration that a consumer social protocol requires. Furthermore, it can interface with any other blockchain, including Terra, Cosmos, and, in the future, Ethereum and Ethereum L2 networks, due to IBC and maybe Gravity Bridge.
Project Development
Stargaze launched on Oct 29, 2021.
Phased launch plan
- Phase 0: Chain launch with 0% inflation (Completed)
- Phase 1: Liquidity pools on Osmosis and Gravity DEX (Completed)
- Phase 2: Governance proposal to enable inflation (Completed)
- Phase 3: NFT market launch + airdrop claim (Q1 2022)
To recap what the Stargaze community has accomplished since launch:
- Take a loan from the Osmosis Community Pool
- Perform an LBP on Osmosis with the loan
- Payback the loan with STARS
- Transfer half the liquidity back to the Stargaze community pool
- Enable inflation via community vote
- Launch a staking and voting interface
- Launch ATOM/STARS pool on Osmosis
- Fund external incentives on both liquidity pools on Osmosis
- Open IBC connections to Sifchain, Juno, BitCanna, Osmosis, and Gravity Bridge
- Enable Airdrop via community vote
- Launch official Keplr integration
- Add Stargaze in the official Keplr iOS and Android apps
- Mintscan block explorer integration
- Integration into Cosmosation wallet
- Launch airdrop claim interface
- Partnership with CosmWasm
- Partnership with Vulcanize to build CosmWasm NFT indexing
- Upgrade Stargaze blockchain to v2
$STARS
STARS is both the native staking token and governance token of Stargaze. Some of the use cases for STARS include:
- Fees for processing transactions and storing data
- Running validator nodes on the network via staking STARS tokens
- Voting in governance for protocol upgrades and parameter changes
- Voting in the DAO to curate NFTs and fund creators Mint and bid on NFTs
Stargaze aims to be a decentralized NFT market, totally owned and governed by its users. Therefore, the distribution of STARS has to be equitable, accessible, and cover a large surface area.
Stargaze starts off decentralized on day one with a genesis supply that distributes the majority of the tokens to community members. The Foundation will hold a strategic reserve of tokens and will drive adoption of the protocol by delegating to validators, onboarding creators, and providing grants for ecosystem development.
About Stargaze
Stargaze is one of the first NFT markets to launch in the Cosmos ecosystem.
The Stargaze Protocol reimagines the social network, from a strictly crypto-native perspective. Social token ownership and content, as well as profile avatars, are all NFTs within the social network. DAOs are in charge of curation and moderation inside the ecosystem.
To learn more about the Stargaze project visit their official website.
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