FireStarter Monthly Update: July 2024
FireStarter is known for its high-quality project selection process, focusing on teams with exceptional talent, strong backgrounds, and potential. We strive to make a meaningful contribution to the Crypto Investment landscape by carefully selecting and supporting the most promising projects, all while providing our investors with a great return on investment. This deliberate strategy ensures that these projects receive the guidance and resources needed to succeed in the competitive crypto and blockchain industry.
👇Let’s review our Monthly Update more closely and explore the milestones and accomplishments we’ve achieved over the past month!
FireStarter Q4 Objectives
FireStarter is excited to share one of the most important objectives for Q4 and will share all objectives in a separate post:
Boost $FLAME Performance:
- Reach at least 2x Market Cap from current value.
- Increase liquidity on major platforms.
- Boost daily trading volume.
- Increase the number of staked tokens on the platform.
- Grow the number of token holders.
- List on new T1 CEXs
Launchpad Updates
🔥Open Whitelists: EstateX and Mystery Sale #2. Discover the endless potential of real estate tokenization, brought to you by a project partnered with Microsoft and GDA Capital. Try your luck with the Mystery Sale! Hurry up to secure your spot!
⭐️Carv Node Distribution: After a successful first Node Sale on the FireStarter, investors received the nodes and needed to set up their operations. Our moderator, Argonz, crafted a guide for running and managing the nodes to simplify the process.
⚡️Mystery Sale #1: Our first mystery sale was conducted, and it turned out to be an amazing MarketingFi product — Cookie3.
💫 Astroon: FireStarter planned to launch the project, but after completing the final due diligence, a decision was made not to proceed with an IDO. Consequently, Astroon showed poor performance, sitting at less than 1x.
✨Kvants: FireStarter intended to launch Kvants, but the project did not agree on the terms to submit the fundraised amount only after listing on the CEX. As a result, FireStarter decided not to proceed with the launch in order to secure FireStarter investor's funds.
Incubation Updates
🌟 Active Incubation: We’re incubating 5 innovative and solid projects, focusing on partnership introductions, CEX listing arrangements, and growth advisory.
📈 Potential Incubation: FireStarter is in the final stages of negotiations for another incubation project. The project aims to reshape blockchain gaming dynamics by pioneering a gamer-centric approach. It will include customizable paymasters, a universal gamer identity, and a P2P marketplace.
Projects Discovery
🔍 New Projects: Through inbound applications and our referral program, we meet 5–7 new projects weekly. Our Business Development team is hard at securing new partnerships and potential introducers.
💡 Deal Evaluation: We’re evaluating several node sales, GamiFy, and DeFi projects, ensuring each company undergoes our rigorous due diligence to bring you the best offerings.
🎶 Upcoming AirDrop: We are continuously searching for investment opportunities for our investors. Currently, we are in the process of deciding the airdrop allocation for our community. Stay tuned for a special airdrop with Stage, whose mission is to empower music fans to support upcoming talent and be rewarded. This platform also allows artists to quickly monetize and expand their fan bases, providing them with the support they need to reach stardom.
FireStarter Community Update
- New bots have been added to our Telegram chat! Now you can enjoy playing funny games right in our chat. Contact our mods to learn how to use the bot commands. Duel, Western, and other mini-games are waiting for you, along with many other cool features.
- The Ambassador Program is back with new tasks! While the ambassador program has been active all this time, we’ve prepared a new structure for the application process and added a new pool of tasks. Want to try yourself as an ambassador? Apply now — here is the link!
- New community activities are on the way! We are currently working on marketing strategies to align with our ongoing and upcoming quests. Stay informed and updated, look forward to FireStarter announcements, and get ready for some exciting new developments!
FireStarter Dev Update
- Leaderboard. The issues with the Leaderboard not updating have been fixed. It now updates correctly and displays the precise user position.
- FLAME Power. Additionally, the FireStarter Flame Power calculation has been corrected and can be checked on the Lockup page.
Another important update is that our team has expanded with the addition of an SMM/Community Manager, Business Development Manager, and Business Analyst. These six extra hands are here to provide you with the best services available on the cryptocurrency market.
Stay with us, and look forward to the latest FireStarter announcements! In crypto, we trust!
About FireStarter
FireStarter, a prominent Web3 project incubator and launchpad, supports GameFi, AI, RWA, NFT, and Metaverse projects. It grants early access to pre-sales, nurturing initiatives that help projects gain momentum and thrive in the fast-paced Web3 landscape.
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