Stars

SRX Price

About Stargaze (STARS)

Stargaze is a community-owned Layer 1 appchain in the Cosmos ecosystem designed as a decentralized marketplace and launchpad for non-fungible tokens (NFT).

• The network is entirely owned and governed by its users through the native STARS token, with no centralized corporate control or venture capital backing.
• It features a unique "Fair Burn" mechanism where protocol fees are split equally between token burning and rewards for stakers.
• Stargaze utilizes the Inter-Blockchain Communication (IBC) protocol to enable seamless NFT transfers and interoperability across the broader Cosmos network.

What Is Stargaze

Stargaze is a sovereign blockchain purpose-built to empower creators, traders, and developers within the NFT sector. Unlike general-purpose blockchains that host various decentralized applications (dApps), Stargaze is optimized specifically for the minting, trading, and management of digital assets. The project aims to provide a more equitable economic model for the creator economy by enforcing on-chain royalties and distributing protocol revenue back to the community.

Value flows through the system via transaction fees, minting costs, and marketplace activity. The native STARS token is put to work through staking to secure the network, participating in decentralized governance, and serving as the primary currency for NFT transactions. As the ecosystem grows, the "Fair Burn" mechanism acts as a deflationary pressure; 50% of all protocol fees are permanently removed from circulation, while the remaining 50% are distributed to stakers as real yield, aligning the interests of token holders with the network's success.

What Makes Stargaze Unique

• Community-First Distribution: STARS was launched without a seed round or private sale, favoring a fair launch and wide distribution via an airdrop to the Cosmos community.
• Fair Burn Mechanism: Stargaze implements a transparent fee-sharing model that combines token burning with staker incentives, creating a sustainable economic loop driven by actual protocol usage.
• On-Chain Royalties: The platform enforces creator and developer royalties at the protocol level, ensuring that artists and builders receive their share of secondary sales.
• Interchain NFT Standard: As a pioneer of the ICS-721 standard, Stargaze allows NFTs to be transferred between different blockchains in the Cosmos ecosystem without losing their unique properties or history.
• Developer Incentives: Developers who build applications on Stargaze earn 50% of the fees generated by their contracts, providing a direct revenue stream for protocol contributors.

What Can You Use Stargaze for?

• NFT Minting and Trading: Users can launch new NFT collections through the Stargaze Launchpad or trade existing assets on the decentralized marketplace with minimal transaction costs.
• Staking for Rewards: Token holders can delegate their STARS to validators to help secure the network and earn a combination of inflationary rewards and protocol-generated real yield.
• Decentralized Governance: STARS holders can propose and vote on network upgrades, parameter changes, and the allocation of community pool funds, giving them direct control over the project's future.
• Cross-Chain Transfers: Utilizing the IBC protocol, users can move their NFTs and STARS tokens across various connected blockchains within the Cosmos ecosystem.

How Does Stargaze Work?

Stargaze is built using the Cosmos SDK, a framework for building application-specific blockchains, and utilizes the CometBFT Proof of Stake consensus mechanism. This architecture allows the network to maintain high throughput and fast finality, which are essential for a smooth NFT trading experience. The network is secured by a set of independent validators who process transactions and produce blocks in exchange for STARS rewards.

All applications on Stargaze are implemented as CosmWasm smart contracts written in the Rust programming language. This provides a secure and highly performant execution environment for complex NFT-Fi applications. Transaction fees on the network are paid in the native STARS token, which serves as the gas for the Layer 1 blockchain. Furthermore, the integration of the Inter-Blockchain Communication (IBC) protocol allows Stargaze to function as a specialized hub within the "Internet of Blockchains," facilitating the trustless exchange of data and assets with other sovereign networks.

Team Info and Investors

Stargaze was founded with a focus on decentralization and community ownership. The project did not conduct a private sale or seek traditional venture capital funding, instead opting for a fair launch model. The initial supply of STARS was distributed through a massive airdrop to over 100,000 unique addresses in the Cosmos ecosystem. Governance is handled through a decentralized autonomous organization (DAO) structure, where the community of STARS holders has the final say on all major protocol decisions. While the original development team provided the initial codebase, the ongoing evolution of the network is driven by a global community of contributors, validators, and creators.

Where can you buy Stars?

SRX tokens are currently unavailable to trade on exchanges listed on CoinGecko. Information will be updated when the token is available on centralized/decentralized exchanges.

When can we expect Stars (SRX) tokens to launch?

While CoinGecko cannot provide details on the launch of SRX tokens, you can stay updated on SRX's price movements by adding SRX to your watchlist.