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What is Polkastarter? In short, Polkastarter is a decentralized fundraising platform built for cross-chain auctions and token pools. New projects can use Polkastarter as a launchpad in their quest to raise capital. More importantly, they can do so in an interoperable environment, whether deployed on Ethereum, BNB Smart Chain, or Polygon.
Despite Polkadot launching the Genesis block of its network just last year, the project has since gone from strength to strength. Recently, Polkadot’s native DOT token has surged to establish Polkadot as the fourth-largest cryptocurrency by market cap. What’s more, the sheer number of Polkadot projects that have already risen to prominence is remarkable.
Interoperability is becoming an essential feature for new DeFi projects. The idea of being bound to a single blockchain is becoming increasingly rejected as projects look towards a future where DeFi is limitless. Polkastarter is one of the latest projects to be built on Polkadot that is taking the crypto world by storm. The native POLS token has seen incredible price action over recent days, and investors are starting to get excited. But what is Polkastarter?
