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What is Thorstarter?

Thorstarter emerges as a groundbreaking decentralized, community-oriented Venture DAO that seamlessly integrates an innovative launchpad system with liquidity grants to nurture and kickstart the most promising projects in THORfi and DeFi. The community of Thorstarter is integral to the selection process of new projects and exercises its voting rights through a decentralized governance model. Selected projects are subsequently awarded a 1:1 liquidity grant, aimed at promoting their development and sustainability. This liquidity grant is further bolstered by pairing it with project tokens from both THORChain and various external Automated Market Makers (AMMs). Utilizing a unique approach to time-locked vesting, a portion of the liquidity provider position is divided between the project itself and the Thorstarter DAO. The committed THORChad army, which has surpassed 3,000 members, continues to grow on a daily basis. New members can easily join the ranks by locking up XRUNE in return for the native pegged governance token, vXRUNE, which empowers holders to have an active voice in voting on proposals and governance issues while also sharing in the profits from each launch. Furthermore, THORSwap serves as the leading multi-chain decentralized exchange (DEX) platform, harnessing the capabilities of THORChain to create a strong trading ecosystem for users. As Thorstarter progresses, it is dedicated to further strengthening the connection between community participation and the success of projects, fostering a collaborative environment for innovation. This commitment to community-driven growth positions Thorstarter as a key player in the evolving landscape of decentralized finance.

What is Magna?

Achieve regulatory adherence, oversee your financial transactions, and automate the withholding of taxes to create an efficient token management system. With Magna’s verified smart contracts, you can seamlessly distribute tokens to both your investors and employees while ensuring that security remains effortless. Manage your legal paperwork, such as SAFT agreements, token warrants, and grants, while clearly communicating the future value of your token. Our software supports multiple vesting methods, including time-based, back-weighted, and milestone criteria, catering to even the most complex requirements. The user-friendly claim portal, tailored to your project's unique branding, allows stakeholders to engage with your initiative and access their allocated tokens. Maintain thorough control over all on-chain activities through customizable action permissions, made possible by integrations with Gnosis Safe, Squads, and other wallet providers. Ensure the precise calculation of withholding taxes on token distributions and promote transparency by documenting each transaction, which strengthens your compliance measures. This all-encompassing framework not only streamlines your operations but also builds confidence among your stakeholders, enhancing overall engagement and support for your project. By prioritizing both functionality and security, you can ensure a robust token ecosystem that benefits all parties involved.

Media

Media

Integrations Supported

Holograph
THORChain

Integrations Supported

Holograph
THORChain

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Thorstarter

Date Founded

2021

Company Website

thorstarter.org

Company Facts

Organization Name

Magna

Company Website

www.magna.so/

Categories and Features

Categories and Features

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