Starbase (STAR)

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Description

Starbase (STAR) is a cryptocurrency developed by Starbase Inc. based out of Japan. It is a ERC-20 token on the Ethereum blockchain. It was created by Starbase Inc.’s CEO and founder, Takeshi Akimoto. The goal was to create a token that could be used to fund startups and open source projects. The idea was to give projects an easy way to raise funds where backers could get a stake in the project’s success. To make Starbase unique, Akimoto implemented a “community of supporters” system. This system allows members of the community to get involved and foster the development of the project. This includes activities such as marketing, gaining feedback, and creating promotional campaigns. Starbase is used to fund projects and startups. The project’s backers are able to invest in projects and get a share of the profits if the project succeeds. This system allows projects to receive the funds up front and allows for a smooth transition as the project matures. The token also allows for more democratic decision making as members of the community are able to have direct influence over the direction of the project. Starbase can be bought and sold on a few exchanges such as OKEx and Bilaxy. The current market cap of Starbase is approximately US$19 million. Starbase is an interesting project that aims to provide an easy way to fund projects. The token has seen some volatility, but the community backing is strong. The team is actively developing the project, and looking to continue to build on their success. With the right strategy, Starbase could become a major player in the cryptocurrency space. Comments “Starbase is an awesome project that is providing an alternate way of funding projects. The community building they are doing is a great way to keep everyone involved.” -Austin R. “I think Starbase is a great example of how tokens can provide a way to invest in projects and startups. It is exciting to see how successful the project can be.” -Mandy L. “The concept of Starbase is great, and I think it has a lot of potential. It allows for more democratic decision making which allows for greater responsibility on all sides.” -Tyler S.