StarTerra Interview- the first gamified launchpad for Terra

Fynn
5 min readMay 15, 2021

made by Fynn

First things first, make sure to go follow StarTerra on Twitter so you don’t miss out on future updates! Link to Twitter

Now, as you should be aware by now, the Terra ecosystem rewards the community. This means another airdrop is in the works for LUNA holders. Don’t miss out!

To stay up to date with developments and announcements, I recommend you join the official Telegram. Teams have a habit of leaking alpha here and there on the official channels. Link

Needless to say, subscribe on their website for news updates. Not all of us are glued to Telegram all day so this will make sure you get the info when it drops. Link

Also, thank you to everyone who participated in this poll. Interstellars ended up being the choice with the most votes. Great to see so much community interaction at such an early stage.

StarTerra Interview - everything you need to know

Interview with Pan Paragaraf — CEO & Founder of StarTerra who revealed some alpha regarding his project

What is StarTerra achieving?

First of all, StarTerra is a launchpad — a dedicated platform enabling new blockchain protocols to raise funds for their development and at the same time providing retail investors holding a certain amount of StarTerra tokens with the opportunities to participate in the initial offerings of such preselected high-quality projects.

In recent months, we have seen spectacular successes achieved by
pioneers in the launchpad industry: Polkastarter, Dao Maker, Paid’s Ignition, and BSC PAD to name a few. But what needs to be noted is that most of the aforementioned platforms operate on either ETH, BSC, or both of these networks.

As for now, there is not any launchpad for Terra, and StartTerra creators think that this gap needs to be filled!

Why should everyone be interested?

Well, most of us probably enjoy playing some kind of card or computer games like “Starcraft” from time to time, or maybe actually a little bit more often.

So probably you might find it interesting that StarTerra is not supposed to be “just another” launchpad, but a gamified one!

This means that for the purpose of making the process of fundraising more exciting, Starterra uses a special tier-based system with a unique combination of guaranteed and lottery-based prize pools based on the competitive effort of $ST token holders.

At this time, I can disclose that this competition will not be occurring only between individual token holders, but also between cooperating members of certain tiers (the so-called factions). We think that this feature is critical for laying the foundations for the long-term growth of our community, as well as building the identity of our committed contributors.

What are some plans for the future?

As for now, we are concentrating on finishing the website which is going to happen in the coming days, and are forming the dev team dedicated specifically to building the platform.

I would like to point out that we have started our Social Media channels at a relatively early stage of development as we believe that community participation is crucial for pushing the project in the right direction so that StarTerra in its final form will be satisfactory for ALL of the platform users.

As a consequence, you can also expect more community challenges and competitions with lucrative prizes in the upcoming weeks.

Can we get a bit of information on the airdrops?

When it comes to the airdrops, I can assure you that there will be a significant genesis airdrop for $LUNA stakers which probably does not sound like something new to our ecosystem devotees.

Apart from that, we have reserved some part of our token supply for a community airdrop. For now, We don’t want to disclose more in-depth information on the specifics of the airdrops as we want to surprise our community and build emotions around it. I can only reveal that it’s highly recommended to follow our Twitter profile and sign up for our newsletter on starterra.io .

How does StarTerra benefit the user and the Terra ecosystem?

There are already tons of officially announced projects building on Terra with many more to come. And on the other hand, we also have thousands of Terra savvy fundamentally oriented investors who are actively looking to participate in the incubation of the new Terra-based protocols. The goal of StarTerra is to connect both of these groups of interest and we believe that such a mutual collaboration will bring significant benefits to the whole Terra ecosystem. Even though in recent months we will most likely observe a massive spike of interest in Terra and $LUNA token price, we still think that this blockchain is undervalued from a marketing point of view and needs to get more media and social attention. We hope that the potential success of our platform will not go unnoticed in the whole crypto sphere and will bring many new users and investors to the Terra ecosystem. In order to make this happen, we also have plans to expand our platform to other blockchains, such as Solana.

Summary of major benefits for Terra Ecosystem:
✅ Additional incentive for devs to build new amazing projects on Terra
✅ Possibility for #Lunatics to be investors on those projects over VCs
✅ Promotion for the whole Terra Ecosystem
✅ Increase of demand for $UST which will lead to massive LUNA burning
✅ Increase of demand for $LUNA and additional incentive to stake it continuously
✅ Cooperation with other Terra protocols

Conclusion:

We at StarTerra feel responsible for putting at least a small pebble on the road of Terra prevalence and flourishing in the crypto sphere, as well as out of it.

-Pan Paragraf

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Fynn

Luna Holder and Believer. Not financial advice