FAQ

General Questions:

What is Firestarter?

Firestarter is a platform that allows you to turn anything of value—a brand, a creative project, or even a viral meme—into a digital token that can be bought, sold, and traded. We provide all the tools you need to launch your token, create an instant market for it, and build a digital economy around your brand.

Is tokenizing on Firestarter legal and secure?

Firestarter provides a secure, decentralized platform for tokenization.

• Audited & Secure: Our core smart contracts are third-party audited to ensure a robust and secure foundation for your projects.

• User-Centric Due Diligence: As a decentralized platform, we empower you to make informed decisions. The responsibility for due diligence rests with investors, while project creators are responsible for demonstrating their trustworthiness and legal compliance.

• Issuer Trust Score: To aid your assessment, our live Issuer Trust Score transparently measures a creator's voluntary efforts to prove their legitimacy through actions like identity verification, token staking, and providing verified professional links.

Which blockchain does Firestarter use?

Firestarter is a cross-chain platform built for maximum reach. We are initially launching on Base (an EVM-compatible network) and plan to expand to other major chains like Solana and TON. Our architecture uses the Timechain to ensure secure communication between all supported blockchains.

What does it cost to launch a token?

We use a transparent fee model designed to align with your success:

• Listing Fee: A flat fee of $20 payable in the equivalent amount of $ANLOG.

• Blockchain Network Fee (Gas Fee): A small “gas fee” paid directly to the blockchain network from your wallet to process the transaction

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For Creators & Issuers:

What is a "smart wallet" and how do I use it?

A smart wallet is a secure and user-friendly digital account that we automatically create for you when you sign up with your email or social account. Key features include:

• Simple Access: Log in with your existing email or social account.

• No Seed Phrases: You don't need to manage complex recovery phrases.

• True Ownership: It is a self-custody wallet, meaning you—and only you—have full control over your assets.

How do I convert my tokens to US Dollars?

You can easily convert your project's tokens to US Dollars. The process involves a few simple swaps:

1. Swap to $ANLOG on Firestarter: On the Firestarter DEX, the primary trading asset is $ANLOG.

2. Swap $ANLOG for a Stablecoin: Next, you will need to swap your $ANLOG for a stablecoin, such as USDC or USDT. This can be done on a platform with $ANLOG liquidity, like our partner app, Zenswap.

3. Convert to US Dollars: Once you have a stablecoin like USDC, you can transfer it to any major centralized exchange (e.g., Coinbase, Kraken) to convert it into US Dollars and withdraw to your bank account.,

How can I improve my Issuer Trust Score?

Your Trust Score is a dynamic rating that you can improve by taking actions that build community confidence. Key actions include:

• Completing your KYC verification.

• Staking $ANLOG tokens to show commitment.

• Linking and verifying social profiles (e.g., X/Twitter, LinkedIn).

• Building a track record of successful tokens.

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For Investors & Token Holders:

How do I know if a project/token is trustworthy?

The Issuer Trust Score is your primary tool for evaluating credibility. It's a live, data-driven score (0-100) based on an issuer's verified actions, platform history, and staked collateral. A higher score indicates a more reputable issuer. Always use this score as a starting point and conduct your own research.

How does the bonding curve ensure a fair price?

A bonding curve is an automated and transparent pricing mechanism. It ensures fairness by setting a low initial price that automatically increases as more tokens are purchased. This model rewards early supporters while preventing single large investors from manipulating the price.

What is the $ANLOG token?

$ANLOG token is the primary utility token of Firestarter, offering key benefits to both creators and investors.

• Trading and Payments:

  • Primary Currency: $ANLOG is used to buy and trade all tokens launched on Firestarter.

  • Fee Payments: A flat deployment fee, equivalent to $20, is paid in $ANLOG.

• Staking for Rewards and Credibility:

  • Earn More: Creators can stake $ANLOG to receive up to 0.08% of the trading fees from their project's marketplace.

  • Build Trust: All users can stake $ANLOG to boost their "Issuer Trust Score," demonstrating their commitment and enhancing their reputation on the platform.