Astronaut is a protocol built for decentralizing the way which new projects and ideas coming to the BNB ecosystem raise capital. The platform allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens. These so called “Fixed Swap Pools” have many advantages for token sale investors over traditional ICO's and IDO's fundraising models. Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought. With Astronaut (NAUT), decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and interoperable environment on the Binance Smart Chain. What is Astronaut (NAUT) | What is Astronaut token | What is NAUT token
In this article, we'll discuss information about the Astronaut project and NAUT token. Let's go!
Astronaut is a protocol built for decentralizing the way which new projects and ideas coming to the BNB ecosystem raise capital.
The platform allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens. These so called “Fixed Swap Pools” have many advantages for token sale investors over traditional ICO's and IDO's fundraising models. Fixed Swap Pools will maintain the token price throughout the sale until the initial supply is bought.
With Astronaut, decentralized projects will be able to raise and exchange capital cheap and fast. Users will be able to participate in a secure and interoperable environment on the Binance Smart Chain.
During Astronaut's MVP (minimum viable product) it will have price stabilization through a variable burn and redistribution mechanism. This will cause an anti-inflationary scenario pushing prices up and available tokens down.
Projects and Ideas coming to the Binance Smart Chain can use Astronaut's platform to raise capital with a decentralized infrastructure and to go to the moon! Astronaut will empower investors and allow cryptocurrency projects creators the ability to provide token sales for upcoming DeFi crypto launches.
The fundamental flaws of existing launchpads on current Defi projects is that acquiring enough tokens to participate in the ecosystem is prohibitive, and even if you do get into the initial sale pool, you are not guaranteed an allocation spot. Regarding whitelistings or lottery sales a problem of automated bots exists filling the spots in a matter of seconds. Astronaut is creating a fair decentralized way to solve these problems.
Each project will receive a thorough audit prior to being accepted onto the platform.
We will also host a series of other applications such as:
Closed initial offerings that are password protected
Discounted sales that contain whitelisting addresses
Token pools can be dutch or seal bid auctions
Crowdfunding platform that will be open-source
Astronaut protocol will deploy in three phases carrying it into v2.0. The first phase of Astronaut will begin with the launch of the NAUT token and a minimum viable product (MVP) on the Binance network. During this phase holders of NAUT will receive a distribution and the NAUT token will have a variable burn mechanism instilled. The goal of this phase is to allow test the token dynamics, gather user feedback, UI feedback, and prepare for a perfected, secure and robust infrastructure for Phase II.
During Phase II partnerships with multiple projects on the BNB network will be achieved. Astronaut will have liquidty pools setup for staking NAUT and reaping rewards. During the later stage Phase II Astronaut will have an evolved UI and see the full launch of the working product on the BNB environment, enabling BNB projects to raise funds in BNB or any other Binance Smart Chain-based tokens that the project chooses to raise in.
Token swap platform will become available making it easy for users to swap the correct BNB token to enter into the pools creating a low barrier to entry. Integration of governance-based and Astronaut audit system will be deployed for new fundraising projects. Further protecting our platforms users we will have a vault partnership with a third-party will be made to secure projects liquidity for a time period.
Astronaut has only raised the necessary funds to continue product development going and to give the NAUT token the right support in terms of liquidity, exchange availability and marketing.
To ensure the safety of our community and the commitment of the Astronaut team, we are teaming up with our CryptEx Locker partners to lock up and vest the initial funds.
ASTRONAUT Project Review || IDO Launchpad On Binance Smart Chain
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NAUT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy NAUT
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)...
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since NAUT is an altcoin we need to transfer our coins to an exchange that NAUT can be traded. Below is a list of exchanges that offers to trade NAUT in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase NAUT from the exchange: PancakeSwap and Apeswap
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once NAUT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
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🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds
Learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
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Wallet address: BTC: 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c USDT: 0xfee027e0acfa386809eca0276dab286900d75ad7 DOGE: DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ
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