Stargaze is a decentralized and community-owned network for NFTs. It is built as an app-specific Cosmos Proof-of_stake chain, running the Tendermint consensus engine. It’s goal is to be similar to OpenSea, except governed by a community via a curation DAO and a protocol DAO.
Stargaze will allow users to buy, sell, and trade NFTs. It will also allow trading NFTs across other IBC-enabled chains. It will also interoperate with Ethereum over Gravity Bridge.
STARS is the native staking token that is used for:
Fees for processing transactions and storing data
Running validator nodes on the network via staking STARS tokens
Voting in governance for protocol upgrades and parameter changes
Voting in the DAO to curate NFTs and fund creators
Mint and bid on NFTs
Stargaze tools include:
Stargaze node software to run validators, full nodes, and perform command-line operations
## How many STARS coins are there in circulation?
Stargaze mainnet launched on October 29th, 2021 with 1 billion STARS tokens created at genesis. New coins are minted each year via inflation. Inflation follows a “thirdening” schedule where it is reduced by 1/3rd each year. Inflation for year 1 is 100%. Details of the release schedule can be found at https://mirror.xyz/stargazezone.eth/h9Bc7jODUrYB1Jw4mve3QEGVkBwBsyVebN6NP7tRl_Y#phased-launch.
How to Buy STARS on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing STARS. Some reputable platforms include MEXC、KuCoin、BingX, and others.
Step 2: Register an Account
Here, we'll register an account on the KuCoin(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing STARS.
Step 5: Purchase STARS
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of STARS you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy STARS.
Step 6: Store Your STARS
After purchasing, you can choose to store your STARS in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and STARS assets, be sure to use a strong password and enable two-factor authentication.
STARS Price:Stargaze is a Cosmos application chain designed to support creators, traders, and developers. It enforces on-chain royalties for creators and developers, while providing real returns for stakers. Stargaze offers a suite of well-coordinated applications ranging from NFT minting and trading to more advanced NFT-Fi applications.The price fluctuates daily, you can go to the exchange: KuCoin to check the price.
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