HeadStarter sees the barriers limiting dapp success

The team at HeadStarter began to see very early on the benefits that the Hedera public ledger offered dapp development projects that want to take advantage of a distributed ledger technology on which to launch their projects. Those benefits include high transaction speed and consensus, efficiency, security, low & predictable transaction costs, while maintaining a high sustainability standard.

Unfortunately, for many of these distributed applications, there can be many barriers that hold back the successful launch and adoption of these projects. In order to evolve a dapp, raise awareness, and increase adoption, it requires guidance, community support, and most importantly funding. These are the barriers that HeadStarter strives to remove for promising dapps.

HeadStarter on Hedera: Fast tracking dapp success through IDOs on Hedera

HeadStarter’s mission is to enable the success of promising distributed applications on the Hedera network. The team at HeadStarter is made up of industry experts that assist early stage projects to bring their applications to market by facilitating fundraising, as well as providing the tool and assistance needed for launching disruptive dapps that bring real world value and innovation.

Through industry leading DeFi standards, and smart contracts enabled gamification and tokenization, HeadStarter powers fair, decentralized, regulatory-friendly public funding and token launches for the highest quality Hedera dapps. The fundraising component of HeadStarters support for dapps is done through initial decentralized offerings, or IDOs.

IDOs are a regulatory friendly crypto-token public offering run over a decentralized application, in this case the HeadStarter platform. IDOs are great fundraising mechanisms for emerging dapps for a number of reasons. They are an open and fair fundraising method in that they are open to all public investors and they do not need to be run through a centralized exchange. IDOs also offer a project access to immediate liquidity, which can benefit the project’s go to market efforts immensely.

The distributed ledger that HeadStarter has built its IDO platform on is Hedera. The reason for this is that the Hedera public ledger is faster than any other decentralized network, capable of confirming more than 10,000 transactions per second. Hedera also has very low transaction fees of less than $.01 USD per transaction - which is incredibly beneficial to newer projects or those with limited financial resources. Hedera also offers the highest level of security possible for a DLT (asynchronous Byzantine Fault Tolerance), and the carbon footprint of the network is actually carbon negative. For these reasons, HeadStarter firmly believes that Hedera is ideal for enabling the success of early stage projects and for driving innovation of distributed applications.

HeadStarter promises to capture the interest of communities, entrepreneurs and investors alike across web3 and DeFi towards the Hedera ecosystem and Hashgraph technology.