STFI and IONX tokens are already available – Market Wrap

StartFi launched its IDO on the Kickpad platform today. The team has built this Web3 based Multi-Channel Network specifically for NFT Creators. Users can Mint NFTs through StartFi Network and create unique digital assets (series of blogs, videos, music, digital art, albums, etc.). Creators can also empower communities and share rewards.

Meanwhile, fans can support NFT creators on the platform through upvote designs, raising funds, holding or participating in fan conventions, promoting the artist, and other creative activities. Fans will also receive rewards in exchange, along with revenue shares and exclusive digital assets as associated token holders.

StartFi planned various activities to support the NFT ecosystem, including the initial NFT offering, monetization/sales, digital rights management, production, audience matching, cross-promotion, rewards distribution, partner management, etc. It also offers more advanced options, such as time locks, DAO options, milestone unlocks, private pools, and cross-chain swapping.

According to the company, they will provide a new way for the users to scan their metamask wallet and get a first impression of their specific interest in NFTs. Creators will be able to use tags to identify their profiles and attract matching fans. Besides, StartFi will allocate approximately 20% STFI to the ecosystem contributors as rewards.

How does STFI work?

$STFI is the platform’s native utility token. Its holders will gain various rewards from pools distribution revenue, as well as NFT Transaction Fees.

According to StartFi, all platform transactions and fees will solely utilize the $STFI token. Fans owning the $STFI token will be able to add new features, participate in voting for new proposals, and support creators on the platform.

Furthermore, StartFi will provide several types of staking pools as per tiers in the near future. It will also allow Token holders to participate in the various aspects of the governance of the project. Creators will also have the opportunity to raise funds by selling NFTs for their products.

Charged Particles launched its token on Polkastarter

Charged Particles is a relatively new protocol. It allows customers to deposit ERC-20 tokens into an NFT. As a result, users can now transfer a scarce NFT (e.g., Collectible, Art, In-Game Item, Virtual Real Estate, etc.) into a basket holding a number of other tokens. Furthermore, they can time-lock the Principal amount inside the NFT and get the programmable yield from the DeFi yield-generating assets through integration with the tokens.

Charged Particles decided to launch its IDO on Polkastarter on May 31st, 2021. The IONX token has already attracted lots of attention from investors. Its type is ERC20 ICO, and the price will be 0.20 USD per token during the initial coin offering. The platform will launch a total of 100,000,000 IONXs, but only 21% will be available for sale.

What does Charged Particles protocol offer?

Let’s say a rare soccer card was purchased and loaded with $100 in 1920. Earning 8% per year, this card would now be worth almost $300,000. As a result, this collectible soccer card would have a $300,000 value today, along with the speculative value attached to it.

IONXs are Interest-bearing Non-Fungible Tokens or DeFi NFTs. Thus, “Particle” is a Non-Fungible Token minted with an interest-bearing token via the Charged Particles Protocol to accrue interest over time, giving it a “Charge.”

According to the team, the amount of interest earned from the specific token represents the amount of “Charge” that the particle has amassed over time.

Thanks to the Charged Particles Protocol, users will be able to turn any NFT into a DeFi NFT. And those NFT’s will have an actual underlying intrinsic value. Furthermore, they will accrue interest over time.

The Charged Particles are non-custodial, standard NFTs, and users can hold them in their wallets. They can also trade, transfer, or sell them just like any other NFT. However, the tokens’ value will increase over time.

BitBook plans to become a bridge between the Hotel industry and DeFi space

The crypto world is positively booming with new ICOs adding daily. The token fever reached such proportions that HBO decided to use this theme in its popular TV series – Silicon Valley. Its latest episode was entitled “Initial Coin Offering.”

In the opening episode, HBO showed a shot of the U.S. bitcoin exchange Coinbase. According to the plot, fictional decentralized internet startup Pied Piper opted to pursue an ICO after their original plans for Series B funding went south. The crypto community discussed the new episode with great relish on social media. Reddit users mostly thought the episode did the DeFi market justice and provided great exposure.

While Silicon Valley’s ICO is fictional, the same couldn’t be said about BBT. BitBook launched its native utility token today. A total supply is 1,000,000,000 BBT, but only 40% is available for IEO. The price is 0,014285714 USD per BBT, and the platform accepts BNB, BTC, and ETH in exchange. Investors can buy this BEP-20 token on Binance Chain.

What about the company?

BitBook is a travel platform. It offers people the opportunity to book accommodation and earn tokens in the process. Furthermore, it provides a passive income to customers that create and share travel content.

According to various surveys, approximately 1.3 billion people travel every year around the world. Roughly $528 billion circulates in the hotel industry annually, and analysts expect this amount to double by 2030. However, two major platforms dominate 90% of the booking market currently.

As hotels are wholly dependent on these sites, they have to fight high commission fees. It’s not easy to compete with corporate giants. So, BitBook decided to find other solutions and use DeFi space instead.

With their Token Reward program, the team will be able to drive adoption of the platform by incentivizing users to bring their friends on board. They will also drive organic traffic by rewarding users who create remarkable travel content.