Eonstarter Secures A $100,000 Pre-Seed Funding To Launch A DRC20-Based IDO Launchpad

Eonstarter
3 min readJul 4, 2023

The Eonstarter team is thrilled to announce the successful raise of $100,000 in a pre-seed round.

The funding was backed by Bitcoin Genesys Ventures, Satoshiseed Capital, and Bitorijins Ventures.

Key Highlights

  • Eonstarter, an IDO Launchpad built on DRC20, is set to power sustainable projects using Dogecoin.
  • The project has successfully raised $100,000 in a pre-seed funding round.
  • The team behind Eonstarter is transparent with a well-structured tokenomics.
  • Eonstarter is designed to be a secure IDO launchpad with anti-bot features and mechanisms to prevent oversubscription.

The swift completion of the pre-seed round, achieved in just a few days with only a prototype of the Eonstarter launchpad, reflects the high demand for innovative DeFi solutions built for Dogecoin, particularly those developed with the promising DRC20 Ecosystem in mind.

“We are on a mission to develop an easy-to-use and insured IDO launchpad utilizing the DRC20 standard. This will simplify the process for founders building on DRC20 to raise funds and for investors seeking the next big gem on DRC20 to acquire tokens before they hit the market,” said Mr. Mughira Ahmed, the lead developer and one of the founders of the project.

Eonstarter’s Roadmap & Mission to Foster Inclusive Innovation on DRC20

Eonstarter is on a mission to become the go-to IDO launchpad for the DRC20 ecosystem.

By creating a simple way for projects building on Dogecoin to raise funding through community-driven technology, the team at Eonstarter hopes to redefine the world’s expectations of what a decentralized launchpad is and help evolve the reputation and maturity of the DeFi and crypto ecosystem as a whole.

Combining simplicity, security, and transparency, the team aims to bring a human aspect back to the process.

We have been approached by multiple top-tier exchanges like Bitmart, LBank, P2pb2b, and Bitthumb in anticipation of our exchange listings scheduled to happen in Q2 2024.

We are also in communications with notable crypto-focused blogs like Cointelegraph and News.bitcoin.com for marketing and awareness campaigns that would increase the visibility of Eonstarter across the crypto community.

These are just some of the first steps our team is taking in our journey to improve our MVP. As Dogecoin itself is a decentralized blockchain, we are looking to tap into that to unlock possibilities.

Unlocking the True Value of Projects Building On DRC20

Eonstarter aims to empower innovative projects building on DRC20 to raise funds and find the support they need while also giving our community of $ESTR token holders the ability to get in on the projects early, acquiring the tokens before they hit the market.

In a later iteration, Eonstarter will utilize AI & Machine Learning Models to show community indicators for projects based on popularity and word on the street across multiple social media.

This will help investors get a true picture of what projects are offering and ultimately help them get in control of their investments.

As the core team broadens their advisory board and welcomes new talent into their technology and leadership teams, they are actively exploring new partnerships and opportunities. Their goal is to collaborate with the finest minds and the most innovative technology from around the globe.

Their team, a diverse blend of international talents, is a living embodiment of this commitment.

“If our vision sparks your interest or if you find a connection with our ideas, we invite you to reach out to us at hi@eonstarter.com.

We’re always excited to engage in meaningful conversations!”

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