Introducing Governance to FantomStarter 🗳️
Also availaible in German, Vietnamese, Indonesian and Russian.
Starting today, FantomStarter will empower the community by letting them vote on future IDO listings. Powered by Snapshot; a decentralized voting system that provides flexible governance across most blockchains, the FantomStarter community will now act as an additional crowd-sourced layer of assurance making sure the projects listed are not only internally audited by an experienced; dedicated team, but also reflective of variables outside of our control.
Whilst we utilize our expertise on the business, legal and compliance side, the FantomStarter community will use their collective expertise of market demand to determine if a project has what it takes to succeed beyond our initial recommendations. We pride ourselves in sourcing strong projects and building important relationships — and rather than measure this demand outside of our ecosystem, we want to put our best asset to good use; you!.
Sounds great, show me how I can participate! 🗳️
Step 1: Go to https://vote.fantomstarter.io/
Step 2: Click on the project you want to vote on
Step 3: Connect your wallet and sign to prove it’s you
Step 4: Make your choice, and help shape the future of FantomStarter!
Here we can see how many votes are for or against, and if the Quorum has been met
All future projects will go through this process
Anybody that has any amount of $FS tokens will be able to vote for or against a project being listed on FantomStarter. When a project appears on the FantomStarter Snapshot page, we will notify everyone via Twitter, Telegram and Discord — at which point community members can participate by voting using a gasless wallet signature. Criteria for a valid vote, and therefore a project having a chance to be listed (Quorum) will need to be at least 1,000,000 (1M) FS tokens. A vote being successfully passed after Quorum has been met is greater than 50% in favour of the project being listed.
And the empowerment doesn’t just stop there…
Community members that are staking a tier 5 FS Key NFT (or $FS token equivalent) can also create their own proposals for prospective projects that wish to be listed on FantomStarter. Following the same guidelines as per our Scout program, it also offers those that have successfully brought a project first to FantomStarter a profitable avenue to get rewarded.
The Scout Program
The Scout program is a way for us to leverage the FantomStarter network. Now users, ambassadors, founders, and investors can help find the very best projects for listing on FantomStarter. If a company you introduce us to lists on FantomStarter, you will be eligible for 50% of the project listing fees and receive a guaranteed allocation from the project.
Follow us
We have lots of exciting updates coming. Follow us using these channels so you can stay up to date with our upcoming updates and teasers! And if you need any help, contact our team and the admins in our telegram or discord and they will be more than happy to assist.
Website: https://fantomstarter.io/
Main Telegram: https://t.me/fantomstarter
Announcement Telegram: https://t.me/fantomstarterannouncement
Trading Telegram: https://t.me/fantomstartertrading
Medium: https://medium.com/@fantomstarter
Twitter: https://twitter.com/fantomstarter
Inquiries: hello@fantomstarter.io
