Solstarter

Solstarter is the first decentralized fundraising and Initial Distribution Offering (IDO) platform on the Solana blockchain. With the goal to make investing in the future of decentralized finance easy and accessible to everyone, Solstarter empowers Solana-based projects with the ability to raise liquidity in a fair manner while also developing dedicated communities behind them. Solstarter brings the capabilities of traditional venture capital to anyone through fair launches and democratized allocations.Over the last year, decentralized finance (DeFi) solutions have democratized access to various financial instruments for millions of users around the world. Not only have experienced crypto traders been leaving centralized exchanges (CEXs) as a result, but decentralized exchanges (DEXs) have made it possible for a new market of retail investors to enter the cryptocurrency world. These events have been the driving force behind the total value locked (TVL) in DeFi increasing by a magnitude of over 5x in the last six months.It’s easy to see why this space is seeing rapid growth. To start, DEXs are quick to use, as there’s no sign up or Know Your Customer (KYC) process involved. In addition, the user interface on a DEX like Uniswap is simple, intuitive and most transactions or swaps consist of clicking a few buttons. Lastly, fees on DEXs are minimal, with most charging a flat fee of around 0.3%, versus CEXs which can charge up to 0.5%! However, as volumes on DEXs increase exponentially with the adoption of DeFi, there arises an issue that many developers are currently trying to solve for: scalability.