Ahead of its mainnet launch in Q4, decentralized cross-chain fundraising launchpad CoreStarter has closed its seed and private sale round to the team’s excitement. In a fundraiser event that saw leading investors participate such as SL2 Capital and Insignius Capital, the emerging cryptocurrency launchpad successfully raised $1.32 million. This will help to boost operations and expand product features that aids in curbing some of the issues prevalent in the blockchain industry regarding fundraising.
Investors that participated in the fundraiser include; AU21, and R8 Capital. Other investors include; BTW Foundation, Oracles Investment Group, DCI Capital, Infinity Gainz, NGC Ventures, Neo|Matrix Ventures, Down Under Capital, Halvings Capital, Infinity Capital, Limbo, and Extra Watts. CoreStarter is optimistic that the funds will serve the cause of the platform, as it continues to drive innovation in the blockchain industry.
On leading the funding round, SL2 Capital said,
“Corestarter is paving the way for the future of fundraising platforms. CoreStarter has identified everything that is wrong with the current system and provides a platform with an equal playing field, this one is a game changer. We are truly excited to see what this project brings to the Solana Ecosystem”
CoreStarter is a cross-chain fundraising platform with an inbuilt NFT marketplace and high-yield staking built on Solana. The project’s primary objective is to end the prejudice targeted against small investors, by creating an algorithm that will allow them the same opportunities as large investors if they intend to stake their tokens long-term.
