7 Reasons Why You Should Care About Starname and Tell Your Friends About It
Cryptocurrency markets have been bearish lately, causing a loss of trust in the ecosystem and uncertainty among investors about which projects will succeed.
Here are 7 reasons why you should care about Starname:
#1 Compliance Driven:
Recently, we made a significant upgrade to our blockchain. The main feature we have implemented is the ability for anyone with a starname to demonstrate the link between their assets and the legal or physical entity behind it.. Although this feature has gone relatively unnoticed for the moment, we believe that in the future it will be the building block for a new form of regulation and compliance in Web3. The on-chain certificates we have implemented will give both existing and new generations of projects, dapps, and NFTs the ability to provide irrefutable traceability between the legal and physical entities behind assets. This is a very important aspect and the need for more regulation is an absolute necessity in order for mass adoption of Web3 to occur. Trust is the cornerstone feature in Web3.
#2 Utility Token Based on Real Need:
Today, the IOV token is a pure utility token and it allows for the purchase of a name on the chain. Our goal is to make the IOV token the leader in certification and compliance. We are on the verge of developing a certifying marketplace and this new use of the token offers new perspectives in a Web3 world where trust is of utmost importance.
#3 Beyond Domain Name Service:
We often hear about our competitors, and it is evident that today Starname is not the only domain name, and the natural trend is the expansion of services related to its use. However, the certification made possible by Starname is quite unique and we are convinced that we are not in a winner-takes-all market, and that Starname, as it becomes the gold standard in certification, has a bright future ahead of it.
#4 Professional and Efficient Team:
It’s quite amazing to see that at the events we participate in, people from other projects are always surprised that we are able to deliver so much with so few people. Starname and IOV have made significant contributions to the open-source ecosystem, and many projects use our technologies without even realizing it. Often people from the ecosystem approach us for advice on their implementation. This is because even though we are a small team, we are composed of experienced individuals with a proven track record in technology, as Starname has always opted for quality people who are able to adapt and be agile in a constantly changing environment.
#5 Business Oriented:
For us, blockchain is not an end in itself, nor is the technology. At Starname, we aim to create products and services that are accessible to everyone, easy to use, and create value and do business. This principle was founded from the beginning of our journey with the slogan “bringing blockchain to the people.” It is an important principle that involves the fact that technology must serve people and not the other way around.
#6 Agnostic Service:
Being based on the Cosmos SDK allows us to be agnostic and we believe that in order to be universally usable, a service must be agnostic and should not depend on the success of the ecosystem in which it was created.
Sometimes, people in the blockchain community confuse their technology and community with fans of a sports team, but we believe that competition in this space is unnecessary as our aim is to serve the best interests of all users.
#7 Driven to Success:
At Starname, we believe that success is conditioned by the team’s drive and determination to succeed. Our team is made up of individuals united in their desire to make Web3 accessible to as many people as possible and to become a value-creating player. We are motivated to bring the best to the project and to bring blockchain to the people.
