Token based fundraising campaigns often times raise millions of dollars without having a product or even a team capable of building the product they promise. History shows, that many of today's billion dollar companies has started out with less than $100k initial investment.
At CoinStarter, we are dedicated to allow supporters of token based fundraising projects to help a wide variety of projects come alive by making a smaller amount of support first and make larger supports for products that actually deliver. We believe that companies aren't going to be successful because they can build a smart contract - they may not be techies but still be great in their field. We exist to help companies in all industries gain access to token based fundraising, we'll help them connecting them to you, and the blockchain.
We are a new kind of startup accelerator program, that's based on the blockchain and powered by your support.
We've created a streamlined process for new startups to rise.
Stage 1 - Angel Round
Projects without proven track record but a promising idea will be able to start an Angel Round. After the Angel Round they can start a Series A if they succeed at delivering their promises. Angel rounds are capped at $100k worth of Bitcoin. After an Angel Round the startup may proceed to Stage 2 or Stage 5.
Stage 2 - Series A
Projects that deliver a product and has a promise to grow, will be able to start a Series A.
Existing companies with a proven track record may be able to start a Series A without an Angel round. After Stage 2 the company may proceed to Stage 3 or Stage 5.
Stage 3 - Series B
If the the company is succeeding but needs more funds in order to achieve their required growth rate they may start a Series B. After Stage 3 the company may proceed to Stage 4 or Stage 5.
Stage 4 - Series C
This is an optional stage that may needed for some companies.
Stage 5 - Tokens are rewarded to the supporters.
Why all the stages?
Stages will allow early supporters to get more of the rewards.
Supporters can help fund more startups and make smarter decisions by making companies deliver before giving them too much funds that they don't even need at an early stage.
And ultimately, successful startups that live up to their promises, will have an organic hype for the