Polkastarter incorporates Avalanche following Celo’s successful inclusion

• An official announcement was made by Polkastarter to incorporate Avalanche.
• The decision will bring more liquidity and boost the adoption of emerging protocols, says the CEO of Polkastarter.
• Along with access to the Avalanche Ecosystem, users will now have to pay fewer network charges.

Polkastarter recently incorporated Avalanche into its platform. The decision was taken after the addition of Celo was successful for Polkstarter.

The decision is a step to initiate the company’s attempt to become a global multichain, The unification of Avalanche would make it available for fixed swaps and IDOs. 

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This incorporation would facilitate the platform users to participate in more IDOs as they will now have access to the Avalanche Ecosystem. Also, the good part after this is that the users will now have to pay less network charges. So far, Polkastarter has facilitated more than 90 projects to raise capital through its IDOs.

According to Polstarter’s CEO Daniel Slockhaus, the Polkastarter platform is unifying Avalanche into itself to bring more liquidity and to boost the adoption of the emerging protocols throughout the community. The IDO process of Polkastarter will become even more accessible to the participants, Hence, giving a push to its mission of multichain interoperability. This decision is just another step in the ongoing process of building a multichain world. He also conveyed that they are looking forward to more integrations this year.

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Avalanche: An emerging blockchain platform

Avalanche is an open-source and decentralised blockchain platform that also has smart contracts functionality in it. It is an L1 blockchain having its own De-fi and dApps ecosystem. The feature that makes Avalanche one of the fastest blockchains is its potential of handling 6500 transactions with its cheap transaction fees. It has been addressed as a substitute for its peer Ethereum Blockchain. Though the latter is more acclaimed than the former.

AVAX is the native token of Avalanche, in November it went to $146, however it has witnessed a decline since then with the rest of the market. The token is currently trading at around $92 at the time of writing.

Avalanche is continuously trying to expand itself and is presently working on further bringing ideas to build paths between itself and the other networks. Reportedly, its developer-friendly dApps ecosystem, multichain framework, and its sustained ecosystem have been the major players for its rising fame and success.

Avalanche’s incorporation in the Polkastarter protocol will not only help it to achieve the global multi-chain status that it desires. But it will also facilitate the users in a lot of ways.