Startfi - Empowering Content Creators Via Initial NFT Offering
Introduction
It is very unfortunate that many content creators and artists especially the upcoming ones, find it very difficult to raise funds for their projects. It is disheartening to see talented artists and creators lacking funds to come into limelight. It can be very hard to gain attention in the entertainment industry. Artist needs the right connection with well famous and influential celebrities before they can make it. Meanwhile, because of this, talents are wasted, and are nothing to write home about. These talents are stagnant, not moving out of their shells and also not progressing.?
However, the creation of blockchain technology has produced amazing products and features, ranging from payment gateways, trading, gaming, tokenization of assets, and much more. Speaking of tokenization of assets, Non-fungible tokens (NFTs) have been the major trend in the crypto space for the past few years. It has gained a lot of traction and momentum, which does not seem to show any decline of pace. The prices of NFTs have catapulted to the top, selling as high as $500,00 per NFT. That’s amazing, isn’t it??
Anyone can create a NFT and sell it. It is so simple and amazing. All you need to do is to represent it with a physical asset and tokenize it on the Blockchain, and you are good to go. Startfi easily enhance the ability of artists, especially those that are financially incapable, to easily raise funds via Initial NFTs Offering. The idea is that tokenized assets are sold on the platform for investors and to share the rewards with the believers of the creators.?
So What is Startfi??
Startfi is an NFT platform to help content creators raise funds for their digital content, engaging community to share rewards and revenues.?
Startfi offers amazing features for content creators and community on the NFT platform. Content Creators can easily create unique contents such as digital art, music album, books and mint it via NFT token. As if that’s not enough, the NFT created can be sold and also share it’s re-sale profit for life. Startfi will also offer extended partnerships and sponsorships for e-sports teams, sport events, parties and much more. NFT will be basically used to raise funds for content creators and also be able to trade it by investors all-in-one platform called Startfi.?
How Does the Platform Work??
The platform intention is to connect creators and fans together using the unique features of NFTs. Below is the description on how the platform Intends to connect NFT creators and fans together in a Decentralized environment;?
NFT Creators?
Content Creators can easily mint NFTs through Startfi platform by creating a special digital assets which are unique to them, also empowering the community and sharing of rewards. The network will allow creators to mint NFTs on the blockchain and also raise funds from it.?
Fans and Community
The fans and the community will support creators by raising funds for them, promoting their favourite artists, participating in get-together, holding of NFTs, upvote design and engaging in other amazing activities. This will help the creators to build more confidence with the support of the fans. In lieu to this, fans will be rewarded with exclusive digital assets. Therefore, apart from the fact that creators gain funds from the community and investors, fans will also benefit from the platform.
Startfi
Startfi platform will offer the following features to help to support the ecosystem in a unique way;
Initial NFT Offering (INO)
As aforementioned, to raise funds for upcoming projects for artist, especially the upcoming ones can very hard. In Startfi Ecosystem, it is now easy for artist and creators to seamlessly raise funds for their upcoming projects like Documentary video, Game collectables, music albums, videos, and digital art. Obviously, before all these projects can be executed, specific amount of funds are need for it to be successful. Any creators that has great ideas but has no clue of financing his project can easily visit Startfi platform and achieve his desires.
Initial NFT Offering is a unique way for creators to raise money for their upcoming projects. In addition to this, fans will be allowed to contribute to the projects via NFT and also earn money. The NFTs can be sold in the Startfi marketplace as a unique content without the issue of copyright infringement. Startfi is the first of its kind to innovate this unique feature to raise funds for the creators via NFTs.?
The INO Section has the following features;
Unique Features of Startfi
Governance Protocol
All token holders will have the right to take decisions made on the platform. The platform is simply community-driven, therefore, token holders will be entitled to various aspects of governance on the network.?
Interoperability
Startfi platform is already compatible with various blockchains such as Ethereum, Binance Smart Chain, Polygon, Hecochain and much more in the future. This will allow better interoperability between the existing blockchains.?
Decentralization
The platform is equipped with an Automated Market Maker (AMM) and NFT DEX which is built on Ethereum blockchain.?
Initial NFT Offering
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Using Startfi platform, creators will be able to raise funds for their upcoming projects by selling NFTs.
Trusted Pools
Listing of NFTs on the platform will be verified and there will be whitelist integration.
Private Auctions
Creators/Artist will be able to create private campaigns with links that are not open to the public, which tends to protect their privacy.?
Startfi Token (STFI) Details
Name – Startfi
Ticker – STFI
Network – ERC20, BEP20, HRC-20, MATIC
Decimal – 16?
Total supply – 100 million
Contract address –?https://etherscan.io/token/0xfd9cd8c0d18cd7e06958f3055e0ec3adbdba0b17
Token Distribution
Why STFI Token?
STFI is an utility token which will be used to power all activities of the Startfi platform. Below are some of its use cases;
Rewards – All token holders will earn rewards from pools distribution revenue and NFT transaction fees.?
Governance – All holders of STFI token will have the right to vote for decisions made on the platform
Transaction fees – All fees on Startfi will be paid in STFI token
Staking – Users will be able to stake their tokens to earn passive rewards.?
STFI is currently traded on MEXC Global and Uniswap
Partnerships
Conclusion
Many creators/Artists are stranded basically due to lack of funds to make their project a success. The good news is here, Startfi platform is here to make things easy for the creators by simplifying unique features of raising funds for their upcoming projects using NFTs on INO. Aside this, fans are rewarded by participating in the Initial Coin Offering and also by holding Startfi token.?
For more information about the project, check the links below;
Website - https://startfi.io/
Twitter - https://twitter.com/StartFinance
Telegram - https://t.me/StartFiChat
Medium - https://startfinance.medium.com/