HederaStarter I-NFT-O Details: How To Participate!

Conor Devlin
HStarter
Published in
4 min readJun 19, 2022

Howdy my fellow HBARbarians!

I hope everyone is having a great start to their weeks and with this re-vamped article, we hope to make it even better!

We’ve recently done a Twitter Live where we spoke directly about the INFTO happening on the 20th of June at 8:30 PM EST, and we’ve also published a video specifically outlining more details about it.

Without further a-do, let’s list all the major points so y’all can get on with y’all’s days!

Our IDO Size: $HSTART 240,000 Tokens @ $0.75USD per $HSTART

The price per $HSTART token is going to be $0.75 and there are four tiers of NFTs available to purchase. Each NFT tier costs more than the tier prior. These NFT tiers also come with additional goodies aside from just tokens. The token prices are also quoted in USD as you’ll see below, we’re only accepting $HBAR as a form of payment but obviously, with market fluctuations we’re trying to make sure we have a relatively accurate price of $HBAR quoted as well, as of right now we’re using $0.063/$HBAR as the running price but if significant fluctuations occur on the runup to the sale we’ll announce it and make everyone aware.

NFT Tiers and Cost:

Tier 4) 110 $HSTART Tokens @ $82.50 USD, Potentially ~1,300 $HBAR

  • Automatic inclusion in the $HSTART token airdrop for (110) $HSTART tokens
  • Inclusion in the HederaStarter R&D Discord Channel*
  • Entry into Tangent Finance IDO Lottery (1x)****

Tier 3) 260 $HSTART Tokens @ $195.00 USD, Potentially ~3,100 $HBAR

  • Automatic inclusion in the $HSTART token airdrop for (260) $HSTART tokens
  • Inclusion in the HederaStarter R&D Discord Channel
  • Entry into Tangent Finance IDO Lottery (1.5x)****
  • Entry into Tangent Finance IDO Lottery (1.5x)

Tier 2) 800 $HSTART Tokens @ $600.00 USD, Potentially ~9,500 $HBAR

  • Automatic inclusion in the $HSTART token airdrop for (800) $HSTART tokens
  • Inclusion in the HederaStarter R&D Discord Channel
  • Inclusion in the HederaStarter Innovation Guidance Discord Channel**
  • Entry into Tangent Finance IDO Lottery (3x)****

Tier 1) 1,500 $HSTART Tokens @ $1,125.00 USD, Potentially ~18,000 $HBAR

  • Automatic inclusion in the $HSTART token airdrop for (1,500) $HSTART tokens
  • Inclusion in the HederaStarter R&D Discord Channel
  • Inclusion in the HederaStarter Innovation Guidance Discord Channel
  • Inclusion in 1x Monthly HederaStarter Leadership calls***
  • Guaranteed Access to Tangent Finance IDO

*The R&D Discord channel will be where the HederaStarter Community and Team will share and discuss specific investment theses and ideas within Hedera and around the cryptocurrency ecosystem.

**The Innovation Guidance channel will be where Tier 2 and Tier 1 members can explicitly share feedback, suggestions, criticism and ideas with the HederaStarter team for the better improvement of the Launchpad.

***These calls with occur once a month either on Discord or Google Meet and members will have the opportunity to specifically converse with the HederaStarter team with other Tier 1 members.

****For tiers 4, 3, and 2, access to Tangent’s IDO will be lottery-based with the aforementioned weights. Tier 1 will have priority whitelist access, followed by the remaining tiers’ whitelisting lottery.

Preliminary Tier Requirements:

  • Tier 1 ( Blockchain ): $HSTART 36,000
  • Tier 2 ( Internet ): $HSTART 12,000
  • Tier 3 ( Electricity ): $HSTART 4,000
  • Tier 4 ( Printing Press ): $HSTART 1,000
  • Tier 5 ( Fire ): $HSTART 50

The IDO is First Come First Serve (FCFS) which means that you’re going to need to have your trigger fingers ready to make sure you can beat other people and click buy on all the NFTs you want as fast as possible!

Additionally, you’re not limited to a single purchase and should you want to purchase multiple NFTs of a single-tier or of multiple tiers you’ll be permitted to, you’ll acquire all of the tokens as well. As an example, if you purchase 3x Tier 2 NFTs you’ll get 3x 800 $HSTART tokens and so on.

Snapshot and Airdrops

The Sale begins on June 20th at 8:30 PM EST and we’ll allow 72 hours to pass before the first snapshot which occurs on June 23rd at 8:30 PM EST as well. We’ll go down the list of all the addresses that purchased the NFTs and organize the amount of $HSTART awarded to each wallet, we’ll publish the list of the wallets so you can double-check to confirm that you’re on the list and we didn’t miss anyone. From there we’ll begin distributing the tokens to the respective wallets and publish announcements about the airdrop proceedings as well. We’ll then take another snapshot a week later on June 30th at 8:30 PM and perform the same wallet checking and publishing and continue airdropping the $HSTART tokens.

Due to how airdrops tend to have a poor reputation as they’re generally poorly executed I’d like to finish with a disclaimer that please bear with us during the airdropping phase of the NFT sale. We want to make sure we’re 100% accurate with everything we’re doing so we’ll be transparent and announce how the airdrop is proceeding but don’t expect it to be done in a few days. We intend for this to be safe and secure so we’ll be sure to make sure everyone gets their tokens in a timely manner!

We hope that everyone has a great experience as we embark on this interesting INFTO and put this concept to the test! We’ve talked about how we’re trying to make Hedera the go-to innovative ecosystem and we hope this effort acts as a beacon for other projects to see the awesome things you can do on Hedera!

Follow HStarter’s social media channels to stay up to date with the latest news:

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