Introducing Cryptostarter platform - Decentralized CrowdFunding That Turns Promises Into Tokens

Since 2015, more than 25 billion dollars was raised via Crowdfunding platforms and by 2025
the World Bank Report estimates the global crowdfunding investments will reach $93 billion.
This figure approximately equals a current market capitalization of all crypto currencies,
representing nearly 800 unique market traded crypto currencies that we have today in total.
Hundreds of thousands of creative projects, art works and technical developments emerged
with help of crowdfunding platforms.

The challenge that CryptoStarter attempts to solve is to connect crowdfunding and crypto
currency, at the same time making it simple to use and accessible to non-technical artists and
entrepreneurs. Despite rapid development of crypto currency markets not all potential
participants were able to use crypto currency advantages due to a number of reasons.
Starting from the country where crypto currency lacks local support and up to simply the
lack of knowledge and motivation to learn how to use crypto currency.

CryptoStarter transforms the crowdfunded product or startup project into sellable
swappable tokens built on bitcoin / ethereum protocol. This allows to turn a promise of a
project or product into instantly valuable futures asset that can be either resold to those
who missed the deadline to support or it can be swapped to other projects tokens.

Problems of Crowdfunding

Dream maker of Promise Breaker?

The recent years analysis of Kickstarter alike platform raises a question to each new coming
project: is this new project a dream maker or a promise breaker? At first on Kickstarter it
was possible to see how a little start-up that helped finance fearless little ventures of
individual small entrepreneurs. At that point, with the appearance of the first $100,000
venture, and afterward the first $1,000,000 veture examples, it slowly moved toward
becoming a fast “getting rich” plan. It has turned into a model of untrustworthiness and
broken dreams. So it is clear that crowdfunding projects funded in an established way have nothing to give their supporters aside from an easy-to-break promise that when the product
is ready, the supporters will get a long-waited product as a reward. And there is no way of
quitting the “train” when the campaign has been financed by backer, no mechanism of
lowering the risk of non-accomplishment case. Turning “promises” into swappable assets
can open a whole new market of crowdfunded equity.

Borders and different legislations exclude some countries

Kickstarter and other platforms have been mostly operating in western countries. Due to
specific legislations it is not easy to launch a crowdfunded campaign across many countries,
giving no chance to a large scale of countries and potentially new markets to use the
crowdfunding platform. This is simply not fair. But thanks to blockchain technology and
gradually emerging adaptation and regulation of blockchain in many countries – the projects
can be supported instantly and borderless.

The knowledge barrier to use Crypto Currency for own crowd funding project

While it is possible to use a number of different crypto currencies available today to crowd
fund your own project – the lack of knowledge and hustle to set up such an infrastructure to
organize this process – doesn’t allow a lot of talented artists, makers and entrepreneurs to
use crypto currency advantages. If this technology can be simplified in terms of use – it can
open a lot bigger market for crowdfunding.

SOLUTIONS PROVIDED BY CRYPTOSTARTER

Turning crowdfunding “promises” into sellable swappable tokens

CryptoStarter platforms allows to receive reward for backing the project as tokens so that
the backers can spend, swap, sell their reward before the physical product or a startup
company is ready. This can enable a profit-oriented corporate as well as individual backers.
Making crowdfunding platform borderless and accessible to all countries
CryptoStarter platform uses blockchain to build a crowdfunding service that can be used
from anywhere.

Making crypto crowdfunding platform easy to use for everyone
CryptoStarter platform attempts to make it’s platform not only accessible from anywhere
but also easy to use by talented artists, makers and entrepreneurs who has no technical
knowledge of how to use crypto currencies.

Mission Statement

The mission of CryptoStarter is to give a chance for existence to every potential start-up
project, anywhere on the planet, made by anyone, and from the other hand give full control
of investments submitted by supporters in form of tokens, that can allow exiting from
campaign as well as profiting from campaign by resell. With blockchain technology the new
solutions beyond borders, beyond traditional venture financing are possible.
Our mission is to make boldest ideas come true using the power of blockchain
crowdfunding.
Decentralized. Borderless. Peer-to-peer.

Core Objectives

➛ Build the World’s most open crowdfunding platform and crowdfunded assets exchange

Secure phased investment with a reward in form of sellable token
To protect investors and stimulate project owners: a platform will have a phased release of
funds based on voting, smart contracts to confirm the fact that the project has completed
the next stage and is entitled to receive the next tranche of investments. In case of failure of
the current project stage in the opinion of investors - the money should be automatically
returned to investors.
Another form of protection is that the backers receive reward tokens of the future product.
These tokens can be sold in any stage of the project, as well as swapped to another tokens
and crypto currencies.

➛ Build borderless crowdfunding platform

Transparency of borders
CryptoStarter sets objective to allow to start projects anywhere in the world as well as to be
funded from anywhere in the world. Allowing to transfer the payments without large
commissions, long expectations and cross-border restrictions.

➛ Make crypto crowdfunding platform easy to use for everyone

CryptoStarter will allow to use local currencies. For convenience of investing and
withdrawal of funds, there should be an opportunity to enter and withdraw money in the
local currency used in the place where the project owner or investor is located. Easy to use
interface and client wallet application.

Find more details about upcoming ICO and cryptostarter project on official website: https://cryptostarter.io

Watch animated explainer video & quick overview of core features:

whitepaper: https://cryptostarter.io/whitepaper

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