The HeadStarter Token

Introduction

The HST token economicswere designed to support ensuring the sustainability, growth, and success of the ecosystem.

In an effort to ensure HeadStarter’s perenniality and guaranteeing a fair token distribution, initial investment volumes were intentionally restricted until delivering a mainnet functional product. Therefore the tokenomics of the HST token, the bloodlife of the HeadStarter platform, are specifically designed towards all holders while also securing a resilient war chest to sustain the platform’s development, partner integrations and community & developer incentives as we steadily grow the Hedera ecosystem.

Token Utility

1. Governance:

   • Voting Power: HST holders can participate in the governance of the HeadStarter ecosystem. The weight of their vote is proportional to the number of tokens they hold, influencing key decisions such as project approvals, changes in protocol, and allocation of resources.

2. Staking:

   • Staking Rewards: Users can stake HST tokens to earn rewards. Staking not only provides an incentive for holding tokens but also helps secure the network and supports the ecosystem's stability.

   • Yield Farming: Participating in liquidity pools and yield farming activities with HST tokens can generate additional returns for users, fostering liquidity and engagement.

3. Access to Launches:

   • IDO/INO Participation: Holding HST tokens provides access to exclusive Initial DEX Offerings (IDOs) and Initial NFT Offerings (INOs). Token holders can gain early access to promising projects, often at preferential rates.

   • Private Sales: HST holders may also receive priority access to private sales and other exclusive funding rounds, enhancing their investment opportunities.

4. Incentives and Rewards:

   • Community Engagement: Active participation in the HeadStarter community, such as contributing to discussions, submitting proposals, and engaging in marketing efforts, can be rewarded with HST tokens.

   • Ecosystem Contributions: Developers and contributors who support the growth and development of the HeadStarter platform can earn tokens as compensation for their efforts.

Token Distribution

1. Initial Distribution:

   • Pre-Seed Round: A portion of HST tokens are allocated to early investors who support the project's initial development phase.

   • Seed & Private Sale: Additional tokens are offered to private investors and strategic partners to raise further capital. The tokens have fully vested in Q3 2023.

2. Public Sale:

   • IDO: There have been 13.8 Million HST tokens distributed through the HST IDOs, tokens which had various vesting periods at values between $0.008 and $0.01.

   • INO: HeadStarter issued Utility NFTs that may be used across the platform as part of an INO event.
3. Ecosystem Fund:

   • Development Fund: A reserve of tokens is set aside for ongoing development, marketing, and operational expenses.

   • Grants and Bounties: Tokens are allocated for grants and bounties to incentivize community contributions and support new initiatives within the ecosystem.

4. Team and Advisors:

   • Vesting Schedule: Tokens allocated to the team and advisors are subject to a vesting schedule to align their interests with the long-term success of the project.

Revenue Streams

• Transaction Fees: Fees collected from real yield bearing products on the HeadStarter platform contribute to the ecosystem's sustainability and development.

• Service Fees: Revenue from services offered to projects within the ecosystem also supports the economic model.