Introducing Crypstarter to the world
Crypstarter is a Blockchain Network built to help startups access the new technology revolution and raise funds from our community. Built with Cosmos SDK, Crypstarter uses cutting-edge technology to provide unparalleled security and durability to decentralized applications, systems, and communities.
Not only stopping at building an ecosystem with blockchain applications into individual business models of projects, but Crypstarter is also developed with the goal of creating a highly interconnected open Economy in its Ecosystem, where all the participants can get profit through their contribution.
According to Crypstarter, interoperable blockchain technology makes the global economy stronger through decentralization, accountability through transparency, and efficiency through programmable value. We also provide a user-friendly environment that allows businesses to access blockchain technology as well as grow and raise funds from our community.
What is the point of Crypstarter?
Our objective is to create an Economy based on blockchain technology, in which the CST token’s behavior is tightly regulated by the CST Community via the DAO. We believe that in the long run, this method may be utilized to improve stability and consistency, allowing CST to serve as a worldwide unit of account and medium of exchange. We plan to optimize the system for development and wealth generation in the near future.
With an expanding ecosystem around financial services and intermediaries that secure and pay participants, Crypstarter focuses on building and growing its Treasury to secure the value of CST Tokens, thus can ensure the interests of both Investors and Startups through the implementation and use of CST for purposes consistent with growth for all parties.
With the vision of building an open economy on top of its ecosystem, Crypstarter brings economic benefits to the contribution activities of all participants including: Investors, Startup, Token hodler , Staker, Service Provider.
Besides, through the DAO, the Crypstarter Community will have significant power in the main operations of the system. We offer a theory of centralized governance based on a decentralized foundation. That means Crypstarter is an ecosystem operated by the company Crypstarter but overseen and managed by our community.
What Is Reserve Currency?
The term “Reserve Currency” refers to a currency that is essentially backed by a Reserve, much like how the Central Banks manage their currencies using reserve assets, a Decentralised Reserve Currency Protocol (DRCP) manages their currency with their crypto reserve assets. This means that the price of the issued CST token is backed by a Treasury, also known as the Reserve, giving users of the protocol a further layer of assurance knowing that the price of the token they have purchased does not fall below a floor value.
What is Crypstarter Coin?
Crypstarter Currency is a Decentralized Finance system based on the CST token, which is backed and collateralized by the Crypstarter Treasury. The reserve currency for the Crypstarter Economy will be CST. Crypstarter will use the Algorithmic Reserve Currency mechanism to maintain price stability, and it will be backed up by other decentralized assets. CST holders have a great deal of power on Crypstarter’s future via on-chain voting.
We develop the system by creating a free-floating reserve currency, CST token backed by basket of crypto-assets, with the goal of developing a decentralized financial system to support Crypstarter Economy. Crypstarter argues that by focusing on supply growth rather than price appreciation, can function as a currency that is able to maintain purchasing power, stabilize and gradually increase in value independent of volatility of the market.
We can’t mint without at least one unit of RFV backing each CST. The funding originates from our revenue-generating operations, which are now mostly bonds. We sell bonds by minting CST against 1 unit of RFV and selling it at a discount to the market price. This means that our revenue is determined by the market price.
So, if we simply increased supply without taking this into account, our market price, and thus our revenue, would plummet. There will be no revenue, no supply increase, and no reserve currency.
Crypstarter is not a product but an ecosystem built on a set of modular, adaptable, and interchangeable tools. These tools are the necessary foundation to create the decentralized business and global financial system of the future.
Our vision is to become one of the largest ecosystems in the region, contributing to expanding the business model and maximizing profits for businesses belonging to the ecosystem.
Hubert -
Founder & CEO
Let’s connect!
Crypstarter Network: https://crypstarter.network
Crypstarter Finance: https://crypstarter.finance
Twitter: https://twitter.com/cst_blockchain
Medium: https://crypstarter.medium.com/
Reddit: https://reddit.com/user/crypstarternetwork
Github: https://github.com/Crypstarter
Discord: https://discord.gg/KWPPTvzeuw
Telegram Global: https://t.me/crypstarter
