We are delighted to announce our collaboration with Starship, the leading multi-chain community-driven fundraising platform, involving the adoption of Coin98 token (C98) within the platform's sale mechanism. C98 holders can now seize enhanced investment opportunities and actively engage in Starship's Community Sales using their existing C98 token holdings.
The C98 Utility on Starship
Starship, developed by Ninety Eight, the creator of Coin98 Super Wallet, is a community-driven multi-chain fundraising platform. It serves as a reliable bridge between investors and committed long-term builders, offering the community fair access to high-quality projects. Recently introducing four sale mechanisms—Guaranteed, FCFS, Lottery, and Subscription—Starship provides diverse fundraising options for projects and investors based on their preferences and risk tolerance. Notably, C98 token will serve as the primary utility token for the platform's token sale activities.
Following this mechanism, we will be able to expand platform services and elevate C98 utility, increasing privileges for C98 holders across multiple chains. As new opportunities emerge for investments and participation in high-quality teams, this represents our unwavering commitment to bring a seamless and inclusive experience to users and capture more value for C98 holders. We believe that this approach will contribute to increasing participation and offering significant advantages for different user groups, especially C98 holders, and lowering the barriers to investing in the Web3 world.
Our valued users can directly purchase tokens for upcoming Starship Community Sales using C98, with their allocation determined by each mechanism. Among the four mechanisms, the Subscription Sale is tailored exclusively for C98 holders. In this format, users can contribute a specific amount of C98 tokens to a token sale. The allocation of the new tokens is therefore determined by the proportion of their C98 contributions compared to the total C98 contributions from all participating users.
Stepping towards Mass Adoption
This step underscores our commitment to shaping the utility of the C98 token, promoting the embrace of DeFi, and paving the way for a more inclusive financial future. In our efforts to enhance the visibility and acceptance of C98, we are continually striving to establish robust connections with a diverse array of industry participants.
Moreover, there are extensive plans in place to enhance the use cases for the C98 token, transforming it into a versatile asset within the DeFi space. Stay tuned for more details on an upcoming campaign!
Starship is a community-driven multichain fundraising platform designed to offer the community a fair chance to access potential high-quality projects while serving as a reliable bridge between investors and truly long-term builders. Also, Starship supports promising teams to make their mark on the Web3 world.
About Coin98 Super App
Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely. We offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT & cryptocurrency wallet, built-in DEXs, Cross-chain Bridge & DApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and Others.