Unveiling Polystarter: Accelerating Growth for Projects on Polygon
The advent of DeFi has revolutionized financial dynamics through the introduction of innovative products accessible to all without the need for centralized gatekeepers, and as the DeFi market transitions to maturity, multi-chain interoperability has become an essential feature to fuel massive adoption.
One of the major networks focusing on multi-chain interoperability and striving towards DeFi mass adoption is Polygon, an infrastructure framework for connecting EVM-compatible chains.
Why Polystarter: Correlating Growth with the Polygon Network
The ever-growing Polygon ecosystem houses a wide range of decentralized applications ranging from DeFi, NFTs to gaming industry. As the network continues to expand, there is an extensive need for a robust infrastructure to support the growth of these projects.
Polystarter is the first Decentralized Launchpad and Initial DEX Offering platform for projects building on the Polygon Network. It is uniquely positioned to establish itself as the reference Launchpad on Polygon, as it not only counts former Polygon contributors in its core team, but is the only launchpad backed by Polygon itself.
As an ecosystem accelerator, Polystarter will act as a catalyst for the next-generation of projects on Polygon, helping early-stage innovative projects sail through the journey from successful fundraise to platform launch to mass adoption.
Polystarter will level up the game for launchpads and strive to fit the needs of every investor through its main value propositions:
- Permissionless listing
- Community-focused IDO launch
- Decentralized Fundraising
- Transparent processes.
Sandeep Nailwal, COO of Polygon, believes that Polystarter will be an integral driving force for the Polygon ecosystem.
“I’m excited to see ex-Polygon executives building a launchpad for providing support to the talented teams building on Polygon. As diverse dApps penetrate into the Polygon ecosystem, a next-generation IDO launchpad will revolutionize their launch journey. The launch of Polystarter will provide extensive support to the dApps in the ever-growing Polygon ecosystem, benefiting both the businesses to drive adoption.”
Sumit Shinde, CEO at Polystarter, said:
“We, at Polystarter, believe that Polygon will become the de-facto platform of choice for developers to build DApps of the future. PolyStarter will accelerate the growth of these DApps by helping them raise funds. We are committed to extending our support to budding entrepreneurs and excel in their journey of adoption by helping them connect the dots.”
The stellar team at Polystarter witnessed some shortcomings hindering the growth of early-stage projects. Some of the many issues involve high degree of centralization, biasness, and high transaction costs prohibiting the average user from contributing to their choice of projects.
Accelerating Next-Generation Projects on Polygon Ecosystem
With the launch of Polystarter, we aim to provide a strong foundation for projects to launch in the Polygon ecosystem. In addition to being a decentralized fundraising platform, we will also enable the projects to access an array of solutions including marketing support, advisory and technical support from a network of ecosystem partners and prominent stakeholders.
Technical Proficiencies powering Polystarter
We are extremely excited to have a talented team of blockchain developers to drive our vision and unleash the true potential of Polystater. Our super tech-team has extensive experience and a proven record of building successful products on the Polygon Network, and on helping build the Polygon Network itself.
By introducing Polystarter, we aim to create a platform with a strong emphasis on providing equitable opportunities to the community without the constraints of centralized platforms or high transaction costs. Polygon is building a robust infrastructure to drive multi-chain interoperability and is strengthening the ecosystem by driving utility through low cost transactions and high throughput. With Polygon’s ecosystem expanding into new dimensions, Polystarter is dedicated to accelerating this expansion by creating a seamless experience for users and projects to fuel successful launches.
While we inch closer to the platform launch, we would love to hear what you think about the future of decentralized finance. We will soon be releasing more details on our whitepaper, technical roadmap, future milestones and differentiation factors. In case you are excited to explore the value propositions and architecture of Polystarter, and wish to get involved write to us at connect@polystarter.com
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