Star Terra is a super cool project about to open for sale.
How did it start?
StarTerra is headed up by CEO and founder Wojciech Gruszka (also known on Twitter as PanParagraf). Following work advising a number of blockchain projects, Wojciech envisioned the idea for StarTerra and initially was unsure what to do with it. He was ready to send the Litepaper out publicly for another party to build, before a message from Do Kwon motivated him to build and develop the idea with his own team. From here the StarTerra Team was born, with dedicated artists and designers also on hand to begin visually building the StarTerra world.
What does it do?
In its simplest terms, StarTerra is a launchpad for projects on Terra, facilitating IDOs and creating an environment where potential investors can get early access to some of the projects building on the Terra ecosystem – but StarTerra has ambitions which are far grander than that. StarTerra aims to build a world with factions at war with each other – battling for social impact, additional platform rewards and defining the narrative created in the StarTerra world. It is certainly worth familiarising yourself with the StarTerra story, because all community members will soon have to take a long, hard look themselves and ask one very crucial question: are they a Lunatic, a Degen or an Interstellar?
Is there anything else out there like it?
The concept of an IDO platform is far from new – earlier in 2021 many even questioned why it had taken so long for one for one to emerge on Terra. What is unique is the combination of gamfication, the clear investment that has gone into the world being built, and the energy of the wider Terra community. These three factors could combine to make StarTerra stand out as something very special, giving a boost to some of the 60+ (and counting) projects being built on Terra at present. There are clear similarities with Pylon Protocol, which will launch its first IDO pools of Loop and Nebula in the coming weeks. While Pylon and StarTerra have very similar objectives, the two teams have been working together closely rather than stirring up a sense of competition: they share a joint mission of building the Terra ecosystem and attracting investors from further afield.
What happens next?
The StarTerra world is coming together at real speed, with MoonMidas confirmed as leader of the ‘Lunatics’ and CrytoWizard also strongly hinted as a faction leader (his talents may fit in well with the Interstellars, but only a guess…). The team are looking at an initial release in Q3, which will include an airdrop of the STT token to both Luna and bLuna stakers. StarTerra have confirmed that there will be a STT initial offering on the StarTerra platform itself, likely to precede its first token launch of other projects. In Q4 we should see a complete platform launch, CEX listing of the STT token and the implementation of the innovative ‘Post-IDO’ strategy. Before then, time to pick a faction and prepare for battle.