Application and approval flow

The process of applying for and launching a project on HeadStarter is designed to ensure thorough evaluation, strategic growth, and secure token distribution. This involves multiple stages of diligence, evaluation, and community engagement.

Application, Project Approval Mechanics and Launch Flow

HeadStarter employs an 84 point diligence checklist in building project reports across multiple discovery rounds. We then identify project pain-points that need to be addressed on priority and customize a growth program for approved projects. HeadStarter then utilizes smart contracts in combination with versatile crowfunding strategies to ensure secure and transparent token distribution. The process involves:

  1. Project Submission: Projects can Apply for Spaceport through HeadStarter website and select the product they would like to access: - Standard IDO / INO - Spacewalk Acceleration Program - Zero Gravity Incubation Program ( Grant option ).

  2. . Evaluation & Due Diligence:

    • A rigorous 4-stage vetting process conducted by the HeadStarter team and external consultants (if necessary).

    • An 84-point diligence checklist is used to build comprehensive project reports across multiple discovery rounds.

    3. Report Drafting & Approval:

    • If the project passes all internal review stages, a detailed report and a Scope of Work & Strategy Roadmap are developed.

    • These documents are forwarded for committee approval.

    4. Scheduling:

    • HeadStarter customizes a tailor-made program for approved projects, addressing identified pain points and prioritizing growth areas.

    5. Awareness & Community Building Campaigns:

    • Approved projects are showcased across social media and through ecosystem partners and collaborators to build awareness and community support.

    6. Allowlist Campaigns:

    • End users are informed about select crowdfunding events and are requested to perform personal due diligence using provided documentation.

    • Interested participants can express their interest and register via an allowlist campaign.

    7. KYC Verification:

    • KYC is required for Private Sales & IDOs to ensure regulatory compliance and security.

    8. Token Commitment Event:

    • When the round opens, allowlisted participants may commit tokens in exchange for upcoming allocations.

    9. Token Distribution:

    • Event participants can claim their respective allocations via smart contracts upon Token Generation Event (TGE) and according to the vesting schedule.

    Conclusion

    This comprehensive process ensures that projects on HeadStarter are thoroughly vetted, strategically supported, and securely launched. The combination of smart contracts and versatile crowdfunding strategies guarantees a transparent and efficient token distribution.

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