Starship enjoy access to a fundraising toolkit necessary for getting investments from venture capital firms and other supporters.
Starship, a community-based platform for builders to raise funds, has just launched. In addition to helping with fundraising, Starship will also function as a platform that helps builders with other professional needs. Some of these needs may include consulting and exclusive exposure to other much-needed tools.
According to an official publication, the platform is a part of the Ninety Eight ecosystem – a Vietnam-based Web3 coalition formerly known as Coin98 Finance. Starship is a launchpad that caters to the specific needs of builders in the Web3 space. The launchpad notes that other platforms do not adequately meet some of these needs.
Starship notes that existing methods focus heavily on public token sales and do not address the diverse needs of builders. This potentially stifles their growth and stagnates the sector. The publication also notes that although there are various fundraising platforms, many of them do not adequately connect these upcoming projects with the type of backing and branding needed even when the projects may have the potential to revolutionize the Web3 space.
According to information from research and analysis service Cryptorank, the sector has seen more than 3,500 projects launched since 2019. However, only 35 have launched on Binance, with 41 on Coinlist. This underscores the problem Starship is trying to solve for builders who may not have access to proper launchpads. The company revealed:
“Starship aims to bridge this gap by providing a dedicated platform for these high-potential projects. Through its rigorous evaluation process and access to a network of seasoned investors, Starship empowers these startups to secure the funding they need to achieve their full potential.”
Builders to Simplify Their Web3 Journey by Launching on Starship
Another advantage is that Starship is a multi-chain platform that caters to a diverse range of builders. Consequently, creators and builders on various projects get to enjoy the best of launch assistance regardless of their preferred network. According to the platform, the aim is to “democratize crypto investment” and ensure that all interested builders can “partake in the future of finance.”
Starship prides itself on understanding the average builder because the platform is “built by builders, for builders.” This means that the team has firsthand experience of the challenges the average builder faces in their journey towards developing Web3 projects. Notably, this experience inspired the team to build Starship for the benefit of the average builder.
Among other things, builders on Starship enjoy access to a fundraising toolkit necessary for getting investments from venture capital firms, early investors, and other firm believers in the Web3 journey. Starship boasts of a broad exchange network that provides increased exposure in the Web3 space, in addition to a partner network for collaborations called the Starship Alliance, builders enjoy a large network of advisors, exchanges, investors, and resources. Furthermore, builders receive guidance about connecting their products with the right target audiences and their needs. Starship also helps to create and implement market strategies that assists builders with user acquisition.
