HomeCoinsCardstarter (CARDS)RECAP: CardStarter AMA with DTSCapital, 2021–4–17 | by CardStarter | Apr, 2021

RECAP: CardStarter AMA with DTSCapital, 2021–4–17 | by CardStarter | Apr, 2021

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RECAP CardStarter AMA with DTSCapital 2021–4–17 by CardStarter

Javier
I’d like to welcome everybody tuned in for this AMA on CardStarter, thank you for joining us. Also, a very warm welcome for Shuffle, who will be answering all the question on CARDS!

Shuffle | CardStarter.io |
Hey guys, thanks for having me! I don’t often (at all) accept AMA requests, but this community is one of our favourites

Javier
Haha, glad to hear that — I already feel special, like Elon Musk!
So, let’s warm it up with some basic questions, especially for the people that don’t really know what CardStarter is all about.
So, what is CardStarter exactly, in a nutshell, and what made you guys develop in this given time period (and not years ago, or maybe even years later)

Shuffle | CardStarter.io |
CardStarter is the first insured accelerator and launchpad for the Cardano Ecosystem. The reason we have decided to bring CardStarter to market is due to the Alonzo hard-fork hiding right around the corner. We’re of the belief that in a few short months, DeFI will migrate to ADA, and the next phase of revolutionary protocols will begin!

Javier
I see. Yea, it comes without a fact that ADA is gaining a lot of traction again.
CardStarter has a few key pillars, but what would you say that is the main key value proposition for CARDS

Shuffle | CardStarter.io |
The current proposition comes in the form of a functioning launchpad and accelerator. Not many people know this, but we’re booked up with some seriously amazing projects all the way until July. At scale, we look to be hosting 2 IDOs per week.

The second major value proposition is in the form of our CARDS token.
This token is a utility, and valued not only through spot price, but through quantifiable means. Holding CARDS provides access to ALL of the projects launching through our platform. Additionally, CardStarter boasts a feature that no other launchpad provides: Insurance.
Our users are protected from projects who intend to “rug” or hurt their own project by any malicious definition. We also protect against code exploits, and team negligence. For this reason, our projects have been vetted heavily by our team of experts.

Javier
Those are some heavy hitters in terms of propositions haha. Very cool! To follow that up on that unique feature, the Insurance aspect.
In simple terms, how are CARDS holders “insured” when a project exit scams or “rugs”. How would that play out if briefly described?

Shuffle | CardStarter.io |
Effectively, every project launching through our platform pays a % of their raised funds to our insurance pool. This pool grows over time and after only a small number of raises, will cover 100% of users associated with the event. Here’s a graphical example:





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