HeadStarter is Celebrating Record after Record

You heard that right!

George Junior Official
HeadStarterOrg
5 min readJul 21, 2024

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July 14th, 2024 marked two years since HeadStarter reached its first important milestone, the TGE (Token Generation Event).

https://app.headstarter.org/

It was the moment when the simple idea of creating and growing a DeFi ecosystem for Hedera Hashgraph materialized completely and could start being put into practice.

What followed next was an event which created a record hard to beat, raising both HeadStarter’s and its applicants’ standards.

Back in December 2023, Citadel Wallet — a hardware wallet with multiple features and innovative functions that other hardware wallets are struggling to incorporate even today — was the first project to get funded through an INO round on HeadStarter Launchpad, raising 4.37M $HBAR from 450 participants.

A big headstart of a memorable and impactful journey.

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By the way, you can check all the past and future rounds on the HeadStarter dApp.

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Before being able to catch our breath, Earthlings. land with its outstanding community was planning to go all-in through multiple INO and IDO rounds on our launchpad, opening the gates for revolutionizing the GameFi space along with the DeFi one. What came next was going to raise the bar even higher.

Through the multitude of rounds (IDOs, INOs, Private Sale, Card Sale), Earthlings. land was able to:

  • Raise funds through 14 rounds (highest number of rounds for one single project on HeadStarter Launchpad)
  • Raise a total of 15.51M $HBAR (highest amount raised by one single project)
  • Have 576 participants in one single round (highest number of participants in one round)
  • Have a Sold-Out INO Round in less than 4 minutes (fastest sell-out up to this point)

We couldn’t sleep on it, because another giant was going to shake the DeFi Ecosystem of Hedera.

HLiquity, the pioneering DeFi borrowing and lending protocol that is non-custodial, immutable and governance-free was able to raise 4.12M $HBAR from two IDOs and two INOs, setting a new record by having a Sold-Out INO Round in 67 seconds.

Being a robust fork of the proven Liquity Protocol, HLiquity was definitely having all the circumstances to break records as you can tell from its features:

  • ensuring fast, secure and efficient transactions
  • offering interest-free loans in $HCHF (a stablecoin pegged to the well-known Swiss Franc)
  • using $HBAR as collateral
  • rewarding early movers, liquidity providers and supporters with $HLQT —the native token

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If you want to know more about DeFi Borrowing & Lending on Hedera, you can check the early innovators Sirio Finance, HLiquity and Bonzo Finance.

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Speaking of DeFi innovations on Hedera, our last project launched was Bonzo Finance which, you guessed it, has set another record in the HeadStarter’s History Book.

Its focus on lending and borrowing $HBAR, Hedera Token Service (HTS) cryptocurrencies and bridged (wrapped) major assets together with its key features made it an attractive protocol set to drive the Hedera’s DeFi Ecosystem development and given these circumstances it was able to raise 7.23M $HBAR in one single INO round.

Imperative to mention are also:

  • Sphera World, a place where football meets web3, offering its users a unique experience
  • VRJAM, the UK leader in revolutionizing the entertainment industry through Immersive Live Events, AI Models and Virtual Humans

By raising funds with us when HeadStarter was in its early phase, Sphera World and VRJAM have set up a record not necessarily in terms of highest amounts raised, shortest time until round is sold-out, or maximum number of participants, but in terms of writing the early “record” in The History Book of HeadStarter.

For us, all these records are reasons to celebrate with our community and with the Hedera DeFi Ecosystem, and for that we have prepared several contests, events, challenges and prizes to reward our loyal supporters.

In our last X Space we did not want to set ourselves any lower so we broke a another record: we hosted a 7 hours long X space with 21 guests and over 2.000 people tunning in, and offered prizes consisting in multiple gifts under the form digital goodie bags to 21 of people who participated.

Celebrating records with a record was more then we expected, and this can only mean one thing: HBARbarians are the most amazing community web3 and crypto has and will ever have.

Lastly, we want to thank EleaTek, Candy, HashPack, Neuron, StreamNFT, Kabila, Bank Social, Sirio Finance, Astra Nova, Genfinity, Porini Foundation, DaVinciGraph, Sentx, Grelf, Orbis86, NeoTech, Rooster Cartel, Dead Pixels, Mingo, Hexa, The Mouth, friends, partners and everyone from HeadStarter Team,for joining our Anniversary Space and for contributing with prizes. Make sure to follow them as they are important pieces of the Hedera DeFi Ecosystem puzzle.

In the end, I would like to mention that what what made this amazing journey possible was a high standard due diligence process for selecting the most innovative and problem solving projects and the extensive services we offer to help them get to the next level.

To learn more about what we do and how we operate you can check our official documentation.

To find more about what we are currently working on you can check our roadmap.

Most important: if you are a builder or a start up and want to apply for an incubator, accelerator or launching program, you can go to our website and click on “Apply for spaceport”. You will fill out a form and a HeadStarter team member will get in contact with you in no time.

We invite you to celebrate with us on our website, dapp and official channels:

Follow us to stay updated with the latest announcements, participate in contests and challenges and win unique prizes.

Thanks again for being with us and get ready for more. This was just the beginning!

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George Junior Official
HeadStarterOrg

Increasing web3 adoption through copywriting | Decentralization supporter | Follow me to get objective insights in the industry