Introducing NEARStarter

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NEAR Starter

3 min readMay 2, 2022

We are proud to present NEARStarter — the launchpad component of FMFW.io’s incubation, acceleration, and funding system for projects deploying on the NEAR Protocol.

FMFW.io was formerly the highly popular Bitcoin.com exchange, and the same impressive team is bringing their formidable experience and knowledge to the rapidly forming decentralized landscape on NEAR.

NEARStarter is here to super-charge the rapid adoption of the protocol — read on to find out how we intend to achieve this.

NEAR Protocol’s emerging DeFi ecosystem

As a highly interoperable chain that is both secure and cost-effective, NEAR was a natural choice for us to build upon, and it allows us to achieve the full vision of our ecosystem. NEAR is simple to use for both users and developers, with features such as human-readable account names and the use of industry-standard, general-purpose programming languages for simplicity of development and ease of adoption.

The NEAR Protocol has incredible strength in both its development and community — this strength is evident by NEAR’s meteoric rise to the top 20 crypto projects by market cap. The one piece of the puzzle left is the mass adoption of the protocol. In order for NEAR’s ecosystem to reach its full potential, greater numbers of trustworthy, high-quality projects must be built and used on NEAR.

NEARStarter, FMFW.io, and the power of incubation

The best projects and teams building on NEAR will be drawn to NEARStarter for its safe and secure fundraising opportunities, and a dedicated user base of investors will be formed through the prospect of being early in some of the most compelling projects to launch on the protocol.

By launching only the highest quality projects, and ensuring these projects are backed by the most rigorous due diligence through FMFW.io’s expert team and partners — we can ensure that our investment community is being exposed only to legitimate projects with genuine chances of success in their respective fields.

FMFW.io itself acts as a full end-to-end platform, enabling rapid innovation and project growth from concept to MVP, followed by funding rounds and the project’s IDO on NEARStarter; all the way through to secondary market trading on the FMFW.io exchange.

In this manner, NEARStarter and FMFW.io will act as a gateway for the NEAR community to the most impressive projects launching on the protocol, growing NEAR’s DeFi ecosystem exponentially with quality, high-value projects.

The tokenomics of NEARStarter

Our $NSTART token is the fuel that fires the NEARStarter system, it has some incredible utility that will be expanded upon even further in the future, and will allow users to participate in our IDOs, as well as our staking and rewards mechanisms.

Initial circulating supply: 1,683,000 $NSTART

Initial market cap: $471,240

Total Supply: 100,000,000 $NSTART

Allocation tiers for our IDOs are dependent on the amount of $NSTART tokens staked by the user, and with multiple tiers available, access to our platform is available to the entire NEAR community. Institutional Investors, and anyone with significant amounts of $NSTART tokens staked, will gain access to unique institutional tiers, and pre-money access rounds.

In addition to our tier system, users may also burn an amount of $NSTART tokens to obtain guaranteed access to a specific IDO. After any successful IDO, a burn of $NSTART tokens will occur, reducing the available supply even further.

A unique additional token will be available to our users, this token will be backed by all project tokens launching on NEARStarter, past, and future — effectively indexing the value of our platform.

Welcome to the NEAR future

The NEARStarter team would like to welcome you to the beginning of our journey — one we hope the entire NEAR community will appreciate and take part in. NEAR Protocol has a promising future ahead of it and NEARStarter is here to make that future a reality.

We will be launching the most incredible projects in the blockchain space, forging long-term partnerships, and building the best community NEAR has ever seen.

Join the NEARStarter family on our socials below, and buckle up for the ride — this is going to be special.