Item Details

LaunchPad Insurance

Description

BlockStar Protection Plan

The BlockStar platform is the first of its kind to offer a rug and exploit protection plan which will pay back up to 100% of your investment into a vetted private or presale that rugs or has a code exploit within the first 60 days of launch.
This protection is provided by staking our BlockStar Insurance NFTs through our staking platform. Gives more security when investing in projects that the BlockStar team has vetted.

How Does It Work?
Stake between 1 and 4 of our NFTs on our platform to gain coverage.
1 NFT = 25% Refund
2 NFTs = 50% Refund
3 NFTs = 75% Refund
4 NFTs = 100% Refund

As long as your NFTs are staked you carry the coverage for ever!
No need to buy more or unstake.
How Do We Pay For This Coverage?
20% Of The Revenue Of The BlockStar launchpad Platform + 80% Of The NFT Revenue Is added To The BlockStar Treasury Fund. These funds are then reinvested in stable coins, yield farming, and other on-chain startup platforms and tokens. By diversifying the portfolio we are able to produce large gains safely which will be used to fund the protection claims

Rewards Beyond Protection Plan? YES!
5% Revenue Share distributed to all staked NFT holders.
Revenue includes Incupad listings, Dexpad listings, KYC and Auditing Service Fees.
Revenue Shares paid out in the Form of Bnb, Eth, BST, USDC. or a combination of all.
Exclusive Whitelist Opportunities.

The Fine Print
You can make up to 6 claims per year
You can not claim more than 1 time per month
Project must show a vetted badge on private sale or presale listing
You must have invested in the private sale or presale on the BlockStar Platform
Based on the level of claim, payments can be made at once or on a payment schedule up to 1 year

That's It! Stake & Get Covered Today and Earn a Passive Income!