What is KSM Starter (KST)
KSM Starter is the primary launchpad on Kusama that supports upcoming projects that wish to build on the Kusama network and the greater Substrate ecosystem. We are a platform for the community, by the community and of the community. KSM Starter allows any projects to raise funds, as long as the projects are committed to exploring the possibility of joining the intricate Kusama ecosystem. Moreover, KSM Starter offers unique opportunities for these emerging projects to partner with experts and already established projects to continue building and delivering superior products that their communities can enjoy, while enriching the Kusama ecosystem.
- Community Driven – Through the KST DAO, all KST token holders can become an early supporter of a project by voting in favour of the IDO and receiving allocation incentives.
- Secure – KST provides an initial audit to make sure the project is secure from any possible exploitation.
- Ecosystem builders – Any project that has done an IDO on KSM Starter are eligible to earn membership in the KST Ecosystem Council.
- Strong Contributors – IDO participants are incentivised with higher allocation win rate by holding any of the previous IDO tokens. It creates a mutually beneficial and strategically enriching ecosystem of IDO projects.
By bringing together the best features from multiple platforms, KSMStarter paves the way for new decentralized projects to emerge, offering fairer ways to access support and capital for projects building on Substrate.
While various launchpads and crowdfunding platforms have demonstrated great investment opportunities for institutions and venture capita Is, the true users and holders have limitations in participating and contributing to the ecosystem, exposing the projects to enormous difficulty in scaling and truly making a digital impact.
Public sales: Oct 07, 2021 – Oct 07, 2021
Token supply: 8,865,000 KST
Total tokens for sale: 2,122,500 KST
Hard cap: 2,532,000 USD
Raised: 1,760,000 USD
Token price in USD: 1 KST = 0.12 USD
Community Incentives – 18,5%
Team – 5%
Marketing & Development – 15%
Treasury – 10%
Advisor – 4,5%
Sees Sale – 8,5%
Private – 33,5%
Public Sale – 3%
Float Liquidity – 2%