MoonStarter
Crypto Overview
Project Overview
MoonStarter is a decentralized launchpad platform built on the Binance Smart Chain (BSC). It provides a platform for cryptocurrency projects to raise capital and launch their tokens while offering early access to token sales for MNST holders.
Utility Analysis
The primary utility of MNST tokens includes: Participation in token sales on the platform, governance rights for protocol decisions, and staking functionality to earn allocation rights for new project launches.
Business Model Evaluation
The platform generates revenue through launch fees from projects using the launchpad and transaction fees. The core business model of facilitating token launches and providing a platform for project funding aligns with halal principles as it involves real asset exchange and value creation.
Development & Adoption
The project maintains active development with regular updates to the launchpad platform. Several projects have successfully launched through MoonStarter, demonstrating practical utility.
Token Distribution
Initial token distribution included allocations for: Team (15%), Platform Development (20%), Community Rewards (25%), Public Sale (30%), and Liquidity (10%). Team tokens are subject to a vesting schedule over 24 months.
Crypto Impact
To assign a comfort level investing in MoonStarter from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to MoonStarter.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.