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Supporting developers, startups, and full-fledged companies building on Stellar and Soroban
© 2025 Stellar Development Foundation
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By SoroStarter
A secured and decentralized IDO and fundraising platform for Soroban and the Stellar ecosystem.
SoroStarter is a secured and decentralized IDO and fundraising platform designed for the Soroban blockchain and the Stellar ecosystem. Its primary goal is to provide projects and companies building on Soroban and the Stellar ecosystem with a secure and decentralized infrastructure for launching and raising funds. This is achieved through its token pool IDO, token sale, and incubation protocol. Additionally, SoroStarter assists these projects and companies in significantly growing their communities and expanding their projects' reach and adoption through an incentivized community engagement mechanism. Furthermore, SoroStarter enables end-users—both investors and the Stellar Lumen community as a whole—to gain secure early access to quality, well-vetted IDOs and token sales of projects on Soroban.
The products of SoroStarter encompass its two main features:
SoroStarter’s IDO/Sale Protocol: A secure and decentralized IDO and fundraising protocol which operates on Soroban, facilitating seamless participation of users, investors, and community members in IDOs on the Soroban blockchain. Based on preset IDO/sales parameters, the protocol algorithmically manages allocation, access, token unlocking and distribution, refunds, and the release of raised funds post-sale.
SoroStarter's IDO Selection and Onboarding Mechanism: An efficient vetting and selection process which is used to evaluate projects listed on SoroStarter for IDO or token sale opportunities. At its core is an online governance voting mechanism on Soroban, enabling members of the Stellar Lumen community to vote on projects to be listed on SoroStarter for a launch.
A critical requirement in any blockchain ecosystem with smart contract capabilities is the ability for dApps and projects to deploy easily and establish their own independent economies. Many of these economies depend on utility tokens specific to their ecosystem. For example, consider a GameFi or play-to-earn project, which often relies on NFTs for player access and an in-game token for rewards and purchases. These projects need a reliable, decentralized, and secure method to launch their tokens and ecosystem assets. By providing this capability, more projects with independent economies and value-driven ecosystems can be launched. This attracts a larger user base to the project's community, thereby expanding the blockchain ecosystem as a whole. SoroStarter addresses these needs on Soroban and Stellar Lumen by offering a dependable, decentralized, and secure platform for projects building on Soroban to launch tokens and raise funds. This contributes to the overall adoption and growth of the ecosystem.
SoroStarter's core features, mechanisms, and protocols are built and deployed on Soroban, the Stellar's native smart contract platform. It leverages Soroban's robust capabilities for smart contracts and transaction processing. Our governance mechanism and IDO/Sale protocol smart contracts are developed and deployed on Soroban, ensuring transparency, security, and efficiency in project selection and fundraising processes. Additionally, we utilize the Stellar SDK to seamlessly integrate these Soroban contracts with our application's user interfaces. This integration enhances user experience and improves usability.
Some of our deployments and integrations can be seen on SoroStarter's MVP currently deployed on Futurenet. Here are the important links:
Token Sale dApp (MVP) Project Voting dApp (MVP) Governance Staking dApp IDO/Sales Contract Governance/Voting Contract
$47.2K
The SoroStarter team is made of seasoned developers, software engineers and business strategist who each have several years of experience bringing software application product from an idea stage to a market ready product. The team has a combined 30+ years of experience of which most of it in the development of blockchain application.
The development team have extensive experience building blockchain dApps, smart contracts both in blockchains that uses a Rust based language like Soroban, Polkadot and Solana, and to Solidity based blockchains. Their work spans designing, architecting, coding, and testing both smart contract, front-end and the integration of both.
Some of the past work of the team members include the development of a proxy-like upgradeable smart contract on Soroban, this was developed as a reusable contract library that can be implemented on specific smart contracts. Others include the development of NFT marketplace, development of a DAO mechanism, decentralized p2p marketplace for tangible tokens and many more
We believe that the teams vast experience in architecting ideas, developing smart contracts both in Rust and solidity,, developing user-centered frontends and in the integration of both the smart contract with the frontends using SDKs make us a strong team that would make SoroStarter a successful project.
The business side is not left out, the experience of our co-founder in affiliate-like marketing inspired the design of SoroStarter’s go-to-market and adoption strategy and in addition to this, we continually collaborate with outside developers and business/marketing specialist as we continue to develop and grow SoroStarter.
Some of our main team members include:
Allaa Alhasan: Co-founder and Business Strategist
LinkedIn: https://www.linkedin.com/in/allaa-alhasan-7785bb200/
Sabdhya Mandne: Fullstack Developer:
LinkedIn: https://www.linkedin.com/in/sandhya-madne-5b2410bb
Kirill Leontiev: Blockchain Developer:
Allaa Alhasan
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