Place/Date: - May 23rd, 2022 at 1:19 pm UTC · 5 min read
After nearly one month of internal testing, the team has now officially decided to publish the open beta version launchpad on 25th May, 10 am UTC. As a new and native Cardano project, Astarter is a DeFi Infrastructure Hub with four core components for dApp projects and users wishing to utilize Cardano:
Astarter is an EMURGO joint venture with solid strategic partners such as Yoroi, Moonstake, OKX Blockdream Ventures, NULS, Nabox and etc. Astarter is enhancing the DeFi ecosystem on Cardano by facilitating launching an initial DEX offering (IDO), trading of tokens, and receiving technological support for Cardano dApps and users.
Through April 2022, 750+ projects are on the Cardano Cube website, which tracks projects and dApps building on Cardano. The number of projects was 515+ in March 2022, including Astarter, and that amounts to 200+ new projects building on Cardano over the previous month. Tim Harrison – Vice President for Community and Ecosystem at Input Output Global, posted an article recently about 900+ projects building on Cardano. More development contributes to a more robust ecosystem.
These projects are building on Cardano for several reasons. Still, one of the most significant has been due to the support that projects on Cardano can receive – Wave Financial’s recent announcement is a prime example.
Astarter has the backing and support of EMURGO, an early supporter and accelerator of the Cardano ecosystem that recently announced support for the Wave Financial ADA Yield Fund, which has an initial 100M in liquidity provision for DeFi projects.
Astarter is a DeFi ecosystem with several different components working together to augment projects that are building on the Cardano blockchain. Some of the features of these projects have been launched already in beta mode, while others are in development as part of the staged deployment roadmap:
Ecological development is a key driver of growth throughout blockchain.
In the case of Ethereum, its ecosystem has become limited due to the volume of projects getting on board. Additionally, Ethereum’s carbon footprint is egregious, the equivalent energy output of small towns. New projects are looking for alternatives that alleviate the problems experienced by startups who are building on the Ethereum ecosystem. With that said, Cardano is the next likely step where these projects can go if they want a scalable, low cost, and environmentally friendly, sustainable blockchain.
Astarter is ready to support any DeFi project that builds on Cardano. Astarter’s technical team has a strong development background supported by industry partnerships. Astarter has developed a simple and easy-to-use toolkit with high-demand features such as one-click currency issuance for dApps wanting to launch their projects in the Cardano ecosystem.
Those features include:
Additionally, Astarter has the strong support of EMURGO, a founding entity of the Cardano blockchain, which has supported Astarter with many resources since the establishment of the project: technological development, R&D consultants, marketing, and funding. EMURGO continues to support the development of the Astarter hub as an important contributor to Cardano’s growing DeFi ecosystem.
It is clear that Astarter, as an early participant in smart-contract application development for the Cardano ecosystem, has a bright future that presents exciting opportunities and product releases on the roadmap throughout 2022. And in the near term, Astarter is looking to continue building community, onboarding projects and users to the platform and ecosystem. Astarter is an adaptive development leaning towards a unique and intuitive launch.
Astarter’s Open Beta Launch is an exciting opportunity and time in the history of not only Astarter, but throughout all of Cardano.
The open beta version of the Astarter Launchpad will support 1,000 whitelisted users testing on the Cardano mainnet. All users are invited to apply for whitelisting. Please go to this tweet to apply for Astarter’s test whitelist.