BinStarter Past Events and Roadmap Progress

Binstarter team wants to thank all BSR Community and fans for the continued support through thick and thin. The purpose of this article is to summarize what have happened since Day 1 of Binstarter protocol up until the current events and a glimpse of what will happen in coming up events on the roadmap.

May 19

Binstarter Development Team started working on the platform and staking feature on May 16th and Marketing Team started our social media; twitter, telegram, and medium post on May 17th. Within few weeks our telegram members grew to upwards of 40k+ members, twitter grew to 40k+ followers, medium grew to 30k+ followers. Expanding our ecosystem’s reach across 37 countries.

June 24

Binstarter Protocol and Techrate forged a due diligence partnership and conducted our first audit. After 2 days results came back and Binstarter smart contract passed with flying colors.

June 27

Binstarter Protocol collaborated with Chainlink and integrated Chainlinks VRF Randomness Technology into Binstarter’s evaluation pool, IDO allocation selection process, and Lottery. We are planning on integrating Chainlink’s price oracles on Binstarter’s liquidity pool in the near future.

July 1st

Binstarter Whitelist started on May 29th and ended on July 1st. As a a result 14,500 people competed for 100 guaranteed allocation. In which an additional 900 lucky participant was chosen to receive a guaranteed allocation. As a result 110k was raised as seed funds to fuel the advancement of Binstarter Protocol.

July 2nd

Binstarter Team have activated Trustswap smart lock to lock up all the vested tokens for 3 year

July 11

Public sales whitelisting event is live on July 11 Hardcap will be $350k USD. The projected initial market cap will only be $150k USD, this super low initial market cap and staking feature will make BSR tokens extremely attractive to investors during the public sales event.

July 25

Binstarter Protocol hosted the first meme contest. Terms are simple, just follow all of Binstarter’s social media accounts and submit a self made or stock meme images of Binstarter Public sales. As a result Binstarter team will pick 3 of the best meme. First prize is $500 BSR, second prize is $400 in BSR, and third prize is $300 BSR.

July 30

Binstarter Protocol conducted the second and the biggest token burn to date. a total of 8.5M BSR tokens was burnt in order to promote the scarcity of BSR tokens in the marketplace and increase investors confidence. Previously 6.7M BSR was burnt plus 8.5M in the second event. Resulting in a 15.2% reduction of total supply.

Aug 4

Whitelist will be announced on all our social media accounts and Public sales will start on Aug 4th UTC 18:00. There will be 2 rounds. Round 1 will start at UTC 18:00 time and end on 19:00 UTC. During round 1, all successfully entered the whitelist can purchase an allocation with their corresponding wallets within 1 hour time. Round 2 will start at UTC 19:30 till hardcap is full or 24 hour is elapsed. This round are for people that failed to secure a guaranteed allocation.

Aug 6

150k USD liquidity will be added to BNB/BSR pool and trading on Pancakeswap will begin. In addition on Binstarter Website the staking option will also open up and accept liquidity. Depending on which pool liquidity provider staked in that determines the APY and future IDO allocations. There will be 4 pools. Pool 1 is 80% APY and have 7% of the total numbers of allocation for new IDOs. Pool 2 is 160% APY and have 13% of the total numbers of allocation for new IDOs. Pool 3 is 320% and have 30% of the total numbers of allocation for new IDOs. Lastly pool 4, is 900% APY and have 50% of the total numbers of allocations for new IDOs.

Undisclosed Date

Our first IDO will be an NFT style card game project. For this ido only small percentage of the tokens will be offered for sale, most of the supply will be for staking rewards and in game rewards. A portion of the allocation will be given to BSR staking on Binstarter Staking page. The only way to get NFT project token is by staking BSR for 2 weeks before the actual sale.

Undisclosed Date

Our first IDO will be an NFT style card game project. For this ido only small percentage of the tokens will be offered for sale, most of the supply will be for staking rewards and in game rewards. A portion of the allocation will be given to BSR staking on Binstarter Staking page. The only way to get NFT project token is by staking BSR for 2 weeks before the actual sale.