Startcoin price is $0.01003446
The current price of Startcoin (START) is $ 0.01003446. In the last 24 hours, it has increased by +0.00%.
Startcoin is a digital cryptocurrency designed to support change-making projects on "StartJOIN", a crowdfunding platform. This new form of currency is adapted to the crowdfunding model, aiming to incentivize the utilization of social media and crowd technology. Startcoin aims to provide success to projects by incentivizing sharing and harnessing the power of the crowd.
The exact creators of Startcoin are not listed on the official website but StartJOIN, the platform it supports, was created by Max Keiser and Stacy Herbert who are perhaps best known for their work on the Keiser Report, a financial program broadcast on Russian network RT that covers the intersection of finance and social activism.
Startcoin operates like most cryptocurrencies. It utilizes a blockchain, which is a public ledger containing all transaction data from anyone using Startcoin. For every transaction, that data is recorded in a block which is added to other blocks to form a linear, chronological order. This makes the transactions transparent, yet secure and unalterable due to the blockchain's decentralized nature.
However, what sets Startcoin apart is its integration with the StartJOIN platform. It was specifically designed to incentivize more frequent engagement with projects on the crowdsourcing platform. Users are rewarded Startcoins for pledging and promoting projects.
The unique characteristic of Startcoin is its direct support of crowdfunding efforts. It's created to reward active users on the StartJOIN platform. Users earn Startcoins not only by making a pledge towards a project, but also by sharing and promoting projects on social media. The coin aims to incentivize not just the project creation, but also the social reach and engagement that can be key to a project's success.
The current circulating supply of Startcoin (START) is 82.5M. Meanwhile, the total supply is 84.0M.
Startcoin is available on numeros cryptocurrency exchanges. The ones currently listing Startcoin for trading include YoBit. Always ensure to use a reputable exchange to avoid potential scams and fraudulent activities.
In order to keep your Startcoin safe, it is wise you follow standard security protocols. Avoid sharing sensitive information and keep your private keys in a secure, offline location. Also, utilize a reputable wallet that supports Startcoin (START) for storage. Regular software updates and the use of two-factor authentication (when available) can also enhance security.
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