Yes indeed. Atarter is a key DeFi infrastructure hub on Cardano with four core applications. These include a launchpad for IDO projects looking to get off the ground, a DEX decentralized exchange, which we abbreviated ADEX. So that's an automated market maker with liquidity provisions and so on. A Money Market which is concerned with collateralised borrowing and lending a tech service platform which feeds into all of the core applications within Astarter. With an Oracle service and governance and those types of tool sets that are required for a robust all around DeFi infrastructure hub. So we're delivering decentralized finance applications for the Cardano ecosystem. We have the backing of Emurgo, which is a founding member of the Cardano protocol. As for now, we are in the process of creating our native launchpad on Cardano at the same time we are in a private sale and early marketing stage. Astarter aims to elevate its contribution and bring broader possibilities to the Cardano ecosystem by providing fair, safe and accessible open finance services. We are targeting to meet existing and future demand in accelerating decentralized finance applications. Therefore empowering the next generation of DFI.

Indeed, we have a very diverse team with many disciplines in IT, cryptocurrencies and indeed marketing. So the whole team is distributed all over the world. Being a decentralized application, the technical development team that many people care a lot about consists of 15 professional developers. They bring a range of disciplines to the project, focusing on Haskell. Smart contracts and have lots of experience from participating in the tech development of some well known projects. For specific information. of the project executive and lead teams we have a LinkedIn page and our team members are starting to add their profiles to that. So you simply go to LinkedIn company Astarter and we'll add that to our website Astarter.io in the coming days.

Yeah, well essentially decentralized finance as we know it is pretty much considered a very big trend, it's seen. Exponential growth over the past few years which can be seen by the overall market capitalization of the DeFi ecosystem combined of this trend in the blockchain world and looking back to the performance of public chains over those years. The infrastructure of major public chains is gradually improving and showing this explosive growth. And as we know, Cardano is positioning itself as a high performance smart contract platform, so it makes it an ideal place for DeFi applications to grow. There's currently over 900 projects looking to launch on Cardano which is a substantial increase from around 200 when smart contracts were first deployed on the platform, so you know that is explosive growth in the number of projects looking to deploy on the Cardano platform. So were positioning ourselves as a platform for those projects to get off the ground in providing the technical services for them to do that. So that's what we mean by an all inclusive DeFi infrastructure offering up those services, including the money market, borrowing and lending, and so on, so demand for user applications has skyrocketed. We can see and we do believe that Cardano will be the next most potential public chain project. There is so much happening on the development front in Cardano which not a lot of people realize that, you know when you just go and look at the marketcap you can see that the the growth in Cardano over the years in terms of it reaching its high marketcap but also when you look at what's happening on the development of the chain, there is so much going on there, we can see,that just by the number of projects that are joining. So before starting the Astarter project we set up a joint venture with Emurgo, one of the founding members of Cardano, which gave the Astarter team technical guidance and support and marketing which has enabled us to get off the ground in delivering our platform.

As a platform, integrating Launchpad and DeFI built on Cardano. Astarter. Enables projects to raise funds in ADA based or a token which is our native token AA token on Cardano. It's based on a decentralized and interoperable environment, so I would say that with Astarter, decentralized projects will be able to quickly raise and trade at a low cost. Users will be able to participate in a safe environment and utilize assets far beyond the current ERC 20 standard, for example. So for the whole Cardano ecosystem,what makes Many members excited most is the launch of Dapps that are truly based from the ground up on the Cardano ecosystem. So yeah, we are very proud to say that this is what we are doing right now. The major achievement target of Astarter is to launch a launchpad based on the Cardano as soon as practically possible according to our road map, and it's worth pointing out that the beta version of our Launchpad is due very soon. We've already had a closed beta and we're now going into.Open beta on the test net and Cardano mainnet and there people can get their hands on experience. We're actually opening the mainnet beta to 1000 participants over the coming days.

Indeed, the AA token is the heart of Astarter, it acts as a governance token and native utility token for both community projects and infrastructure, and it can be used for participation in the IO staking to earn and be issued for liquidity rewards and collateralization for loans on the platform and the money market. Any user who holds AA tokens can participate in the ecosystem governance by voting and token utility and product function changes, additions, deletions and so on and so forth. It's actually quite interesting because you can go and use the AA token on the beta version that we're launching. And see how that works and get some hands on experience, I would invite everybody to take a look at that and actually participate in using the AA token within our platform and earn some points and those points themselves which are earned are tickets to other features within the Astarter DEFI ecosystem so it really does provide utility from the get go. And I think a lot of people look for that in a project.

Well actually the product that will launch. The development road map app with our Launchpad going live, so we're in beta version now. It will go live very shortly after that and at the same time as you're aware, with product development you have stages of the different components of a project, all going on at different times, and you could use a chat, gantt chart, sorry, to show how those dependencies are different. Different parts of development coexist, so with the launchpad, what will follow and what is happening right now is development of our DEX. So we have the ADEX development underway that will go into a beta development stage. The DEX is the most important infrastructure for the DeFi world and of course trading is probably and without doubt the largest use case for cryptocurrency and blockchain to date right? So is the cornerstone of any public chain Astarter aims to be a DeFi infrastructure hub on on Cardano blockchain so the development of ADEX will be an important step in the layout of DeFi for a starter.

Yeah, I think as you you know that there has been many challenges to overcome. Surely with developing from the ground up with hascal. But yes, over the past few months we have focused our technical development on scale from the very beginning. We firmly decided to develop based on Cardano instead of ERC20 or Binance smart chain, So it would have been a lot easier to have developed in a solidity, let's say and port those applications over, but with Haskell being a functional language, it’s designed for financial applications, so it can produce a solid foundation for a DeFi infrastructure hub to be coded. In this functional language, as opposed to. Solidity, which as we know has had some problems with various exploits and so on that we've seen with various DEFI applications. So haskell functional language is designed for financial applications. You know, if you research haskell, you'll see that it just makes sense to develop and spend the time building a robust system in Haskell. .And then there is of course EVMs that will come along later on, which can provide layers on top of that, but I think having that foundation based in Haskell it's very important for a DeFi application, so that has been one of the big challenges for the whole Cardano ecosystem. What makes all Members excited most is the launch of a dApp that is truly based from the ground up of Cardano ecosystem and we are very proud that what we're doing right now is based on scale. The beta version of Asarter Launchpad on Cardano is already done. We support the issuance of native tokens with a one click, so this provides a safe, convenient environment for project owners to do fundraising and provide Technical Support to the projects which plan to launch on Cardano so the project can reduce its technical overhead and issue a native Cardano token with just a few simple clicks you know you enter the token. ticker, the amount of tokens, and submit that to the blockchain and it creates the native project token. So that's a huge barrier removal, of a barrier for projects,a technical barrier for projects looking to get off the ground. Token issuance is dealt with rapidly, so that's some of the most exciting things of the beta version. That is expected to launch very soon and people can get their hands on it. We will be launching with the NAMI wallet and Yoroi wallet for those who are familiar with those. And you know getting those wallet connectors working has been a big breakthrough for our team. We're currently looking to increase the number of wallets so we can add, say, the Moon stake wallet which is in progress and get these things ready for Astarter as we go to market.

Yeah, I think if you compare with other launch pads and dexes one of the biggest challenges Astarter faced is the development on Cardano. One of the biggest challenges is that native Haskell development. It being so new as a smart contract development platform and you know I was just looking around the other day to see what other developments are happening in Haskell and where. As I say, this is a Haskell's design. You know, for financial applications, I can see that there is a very high profile smart contract development platform based on Haskell which is used in the Financial industry, so we're already seeing more Haskell smart contract development taking place, so this has been a challenge we've seen through that challenge. And we're very confident in its success with the assistance and I must point this out. I think it is right to say that we've had great assistance from Emurgo and Yoroi teams. The solutions that we did have solved problems caused by various other components within the ecosystem. So we've had to work around those and develop our own solutions. It's very much, you know, being an infrastructure, an infrastructure hub, a lot of the components, and the tooling that we develop will benefit the whole ecosystem because we know we have this whole sort of open source and. developers working together to create, shared code if you like, so those can become modules that can benefit other projects and joining our platform and so on.

The immediate goal of Astarter is to aim to be a robust and secure native large launchpad on the Cardano blockchain. To successfully launch the Astarter launchpad to the Cardano mainnet, which means providing a native fundraising platform for all projects that plan to launch.on Cardano, this can truly empower the Cardano ecosystem. And according to our road map, ADEX beta development is in the second phase of our project with a live launch expected in the third phase of the project development. So. Meeting some of these timelines can be a challenge and you know they are timelines, milestones. We have this phased approach to project development on our road map. As I say with the launchpad and whilst that's going into beta and going live, we have the development of ADEX taking place and then as ADEX goes into beta and live launch the Money Market development is taking place. And as that goes into beta and live launch, the Tech Service developments will be taking place, the Tech Service feeds into all of the core products, so it enhances the products that are already launched and live if you like. So even though we're developing each individually at the end they all get enhanced via the tech service. So yeah, I mean. that's our immediate goal to get the Launchpad up and running, and then a sort of long term vision is to see the other projects develop over the course of 2022 and into the future with enhancements as to the adaptiveness of the technology and the ecosystem as a whole. We see DeFi as a broad set suite of financial tools so this could include later on things such as collateralized NFT's and NFT trading and even GameFi could be included in the platform. We have quite a lot of things in our vision, but initially we're starting off with this, although many people say there's a lot to it, we see it as actually quite narrow in terms of Launchpad, DEX, Money Market and Tech Service, those things essentially can grow and become a lot more once we get the base infrastructure in place. Yeah. We will certainly make announcements of all new developments as they come along. For instance, I don't know if you've seen, we've had long discussions with the community. Regards ISPO for those who are not familiar with ISPO's, those are a method of distribution which runs alongside this staking and delegation of ADA tokens through staking pools, so we're developing an ISPO protocol. But it's more of a merged mining protocol if you like, which will enable delegators. So anyone that's holding ADA and staking ADA to an Astarter ISPO staking pool will also be able to Merge Stake the AA token. And that is a good example of how we are adaptive and adapting to the ecosystem as it moves and develops because it's very new. New things that are proving very popular amongst the Cardano ecosystem, so it seems only right that we should look to see how we can facilitate that within our platform as well.