Subscription Tier Benefits Explained

Deep dive into FS Tokens and NFT Keys

5 min readOct 20, 2021

The article is also available in Indonesian, Vietnamese, Italian, and German.

Important note: We strive to honour our community by providing fair and reasonable investment opportunities. As such, what is accessed through the Tiers, including investment size, allocation rights, or any other addition and/or removal of mechanics involved is subject to change.

Last Updates

January 12th, 2021: Included new Tiers and FS Key 6 month guaranteed allocation. The new changes will take place on the Jan 17th.
November 14th, 2021: Updated tiers.

Summary:

Subscription Tiers
FS Keys (NFT)Usecase
Tiers explained $FS + Keys

Subscription Tiers

Subscriptions offer investment options that match a user’s style and comfort while allowing the implementation of unique features for both in the future. This allows the FantomStarter App to constantly innovate while keeping our user’s best interests in mind (project and investors).

Generally speaking, FS tokens and FS Keys holders gain access to similar FantomStarter features. Users are granted access to participate at the public sale level based on the amount of $FS Tokens or the respective FS Key locked on our app.

Requirements

Participating in IDO projects is straightforward. Just lock in the amount of $FS tokens or NFT Key for the Tier. FS backs 1:1 the NFT key within the investment tiers. It is the tiers that prescribe the cost in $FS.

To obtain a Tier 1 membership you will need at least 15,000 FS Tokens or Minion Key NFT in your connected wallet which you will see in your personal dashboard.
The all-new entry level Codenamed ‘Tier 0.5’ and ‘Tier 0.75’ receive 1 lottery ticket but x 0.50 or 0.75 the Minion Tier, which normally costs 15,000 $FS or one Minion Key NFT.

Allocation Chances: Ticket Lottery Odds

Every lottery ticket gives a 10% chance to win a whitelist for project IDOs on the FantomStarter platform.

Investment Size: Depends upon pool weight

The standard size of investment is dependent upon the capital being raised by the project.

Review case study on Lottery tickets and pool weights.

Future Updates

Mining for future projects
Governance
Liquidity Mining Rewards
Project Airdrops
Upgrade FS Keys

Note: Do keep in mind that over time, $FS will evolve to have different features than the $FS Keys and vice-versa. As we develop our investment app, unique and fun features will emerge.

FS Keys (NFTs) Usecases:

Same Tier but 10% more value with FS Keys

Same as $FS tokens based on the tier subscription but for the next 6 months every FS Key will qualify an eligible investors for a guaranteed allocation. You can purchase FantomStarter Limited Keys directly in our store or at participating NFT marketplaces. (PaintSwap)

It works like this. (15,000–10% = 13,500 FS Tokens)

Burning Mechanism: Deflationary

Yes, you heard that right. FS Tokens and NFTs are deflationary! but why? Every time a user purchases an NFT with FS Tokens, 100% of the tokens are burned. For example, a user purchases a Tier 4 NFT at a discounted price of 99,000 FS Tokens, then 99,000 FS are burned forever.

Now let’s dive into what each Tier membership offers. For the purpose of this article, we will use Minion Key (Tier 1)as an example. Here are the key points to pay attention to.

Let’s say that you have chosen the Tier 1 Key membership. Initially, you would need to hold 15,000 FS Tokens to be eligible for the perks offered within that Tier. With NFT Keys you save 10%, which means you will only need to spend 13,500 FS Tokens for the rights to Tier 1.

$FS + FS Keys Overview

The all-new entry level Codenamed ‘Tier 0.5’ and ‘Tier 0.75’ receive 1 lottery ticket but x 0.50 or 0.75 the Minion Tier, which normally costs 15,000 $FS or one Minion Key NFT.