BEWARE OF SCAMS: There is no native token for this platform
How is pledging on Bitstarter different from staking Alpha?You get access to alpha at a discounted price, on top of this, the alpha you acquire is also staked to the owner key validator, meaning you are accumulating yield while the alpha distribution is on-going.When I pledge TAO, where does it go?The crowdfund raise in TAO is done within the Bittensor substrate, and the pledged TAO goes to a predefined wallet that the subnet owner controls.What happens if the team doesn't fulfil the raise in time?If the raise isn't fulfilled in time, then the raised amount is the final amount, and the alpha distribution time will adjust.Can I un-pledge?No.Which wallets can I connect to Bitstarter?A few examples are the Bittensor Native wallet, NOVA, Talisman, but also any Polkadot browser extension. We recommend that you use Google Chrome, on Desktop, with any of the ones mentioned above.How long will the TAO be locked?The pledged TAO will be locked depending on each subnet crowdfund raise, please attend to the description of each subnet to understand the terms and conditions.What will be the market discount to pledge with Bitstarter?This will also depend on each subnet crowdfund raise, please attend to the description of each subnet to understand the terms and conditions.Where can I see the state of my pledge?Coming soon.Is it possible to take TAO back before the end date? Are there any penalties?No.Is it all unlocked in one go?No.Is it distributed straight to my wallet?Yes.Do people get emissions of TAO/Alpha after the pledge?Yes.When does the distribution start?The pledged TAO will be distributed depending on each subnet crowdfund raise, please attend to the description of each subnet to understand the terms and conditions.What will the TAO raised be used for?The use case for the pledged TAO varies from subnet to subnet, please attend to the description of each subnet to understand the terms and conditions.
