FireStarter Launchpad

Introduction

The success of DeFi has greatly signified a major leap in the adoption of blockchain applications, hundreds of new projects are launching every single day. The power of determining the future of blockchains lies in the many hands of smart contract developers and project creators. With the current high demands on blockchain projects and driven by wrong intentions, scams and rug-pulls are now becoming more rampant.
We are aiming to change that by launching credible and successful projects on BSC (Binance Smart Chain) that bring impact and value to the world. From ideation to launch, creators can build both their community and raise capital in one platform. FireStarter will light a torch and illuminate the path for the next generation of blockchain projects by shielding investors from the risks that are hiding in the shadows and unveiling the true treasures buried in the market.
FireStarter Launchpad is an innovative decentralized IDO (Initial DEX Offering) platform on Binance Smart Chain. It has been engineered as a completely decentralized protocol allowing quality crypto projects to conduct the token sale as well as IDO in a fully compliant environment and secure manner. Once a project applies to launch with FireStarter, the Campfire Council (Governance) will fairly decide if the project should be launched on the platform through voting.
Want to launch your own IDO?
Get started with FireStarer to expose your project directly to one of the most active and rapidly growing communities on BSC.
Apply to launch here

How It Works

FireStarter will be a safe-haven for users to invest in new startup cryptocurrency projects. It enables CAMPFIRE token holders to take part in some of the most exclusive presales.
FireStarter uses a fixed tier system based on the value of your contribution. The larger your contribution is, the higher up you will be positioned in a tier.
There will be only one round available for each FireStarter launch project. The contribution amount for each Tier could be changed according to the project’s allocation requirements.
FireStarter Round Tiers
Tier
Ash
Kindling
Ember
Blaze
Value of Contribution
$50 β‰₯
$500 β‰₯
$2500 β‰₯
$5000 β‰₯
Discount
0%
5%
10%
12.5%
Participating projects raise funds through a custom presale system, in which users deposit CAMPFIRE and BNB liquidity pair tokens and commit them to buy the tokens being sold. The system follows an overflow sales method, in which users can subscribe as much or as little as they want to the token sale, and their final allocation will be based on the amount of funds they put in as a percentage of all funds put in by other users at the time the sale ends. Users will receive back any leftover funds when they claim their tokens after the sale. In the case all the funds targeted aren't raised, the sale will proceed as normal, and all funds contributed will be spent. The liquidity tokens raised will then be unpaired, both CAMPFIRE and BNB tokens will be added as liquidity for the token and then locked accordingly. Below are a few examples detailing this system in different conditions
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Example 1 - Total funds raised exceeded by 2x
Text
Values
Totals tokens for sale
8,000,000
USD per token
$0.10
Amount to be raised
$800,000
Actual funds raised
$1,600,000
Your funds allocated to IDO presale
$1,000
Your portion of tokens received
0.0625%
Your $IDOEXAMPLE tokens purchased
5,000
USD cost of your $IDOEXAMPLE tokens purchased
$500
Funds returned to you
$500
​
Example 2 - Total funds raised exceeded by 10x
Text
Totals tokens for sale
8,000,000
USD per token
$0.10
Amount to be raised
$800,000
Actual funds raised
$8,000,000
Your funds allocated to IDO presale
$1,000
Your portion of tokens received
0.0125%
Your $IDOEXAMPLE tokens purchased
1000
USD cost of your $IDOEXAMPLE tokens purchased
$100
Funds returned to you
$900
​
Example 3 - Total funds raised exceeded by 100x
Totals tokens for sale
8,000,000
USD per token
$0.10
Amount to be raised
$800,000
Actual funds raised
$80,000,000
Your funds allocated to IDO presale
$1,000
Your portion of tokens received
0.00125%
Your $IDOEXAMPLE tokens purchased
100
USD cost of your $IDOEXAMPLE tokens purchased
$10
Funds returned to you
$990

What happens after IDO launch?

Projects wishing to launch on Campfire will not only be able to raise capital for liquidity, but also will be rewarded for it, this includes taking part in our Liquidity-as-a-Service (LaaS) program, solo staking and incentivized liquidity pools.