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Star Network is a social DeFi (decentralized finance) network) which enables users to connect and earn, store and transfer your Star balance to your peers. Star Network will also continue its development to be an one-stop DeFi platform with currency exchange, borrowing & lending, wallet & payment functions.
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Our app enables you to earn Star by making contributions to the Star Network community. To start earning Star, login the app and click the rocket button to activate a 24-hour earning gsession. In addition, you can earn extra by inviting new users to join Star Network with your referral code.
Stay committed, come back every 24 hours. As each earning session will only last for 24 hours and will stop until you have manually initiated another session, the simplest way to earn Star faster is not to leave any gap between any earning session. Just develop a practice of spending 5 seconds at the same time every day to initiate a new session and maximize the value of time.
Be an early bird, start earning before the rate halves. Rate halving is a common practice in the cryptocurrency field, in which the supply rate will be cut by 50% upon a certain timeline. Star Network will conduct rate halving 3 times in the entire project road map before ceasing new supply, so you will be better off to maximize your earning before each rate halving happens.
No, one user can only earn from one device. Star Network combats fake users and fraudulent earnings by enforcing KYC (Know Your Customer) compliance process and introducing the idea of Nominal Balance and Realized Balance.
As Star Network enforces a strict KYC process which users will be invited to upload their identity documents, complete a series of questions and be verified by our staff (human, not robot), any fake accounts will not be able to pass our KYC and thus fraudulent earning in Nominal Balance can never be converted to Realized Balance and cannot be used.
As Star is forecasted to be listed on major exchanges by December 2022 where users can trade Star with fiat currencies like US Dollar, the market value of 1 Star can only be confirmed by that time. Just like any other financial assets, the value of Star is governed by supply & demand. Here are the several key measures that Star Network has adopted to support the value of Star:
Offers a wide range of practical applications of Star including P2P transfer, exchange with fiat currencies, trading for goods and services with affiliate merchants, earning interest and a lot more use as an financial asset
While there are several other digital currency projects in the market and a few of them are relatively standing out with millions of users worldwide, they share common shortcomings below and Star Network is designed to overcome these shortcoming and let dedicated users to enjoy the true benefits of social DeFi project fairly:
Other projects in the market cannot combat fraudulent earnings by users taking advantage of robots or computer programs. Users can manipulate the system by creating a long list of fake accounts by robots, referring these fake accounts to join his team and enjoying the enormous benefit in referral earning. Star Network solves the problem by introducing Nominal Balance and Realized Balance in which only users can only use the Star balance contributed by other real users who have passed KYC (Realized Balance). One can still fake the system by taking advantage of creating a long list of fake accounts, but those Nominal Balance can never be converted to Realized Balance and thus reward real users fairly.
While every user will be eventually given an opportunity to pass KYC, Star Network gradually releases a certain amount of KYC slots so this means someone will be able to pass KYC first than others. All users can win a chance to get the KYC slots by drawing (which can be done in the home screen of Star Network mobile app) after the project has entered the phase of having 500,000 registered users.
Star Network ceases supplying new Star when there are over 100 million registered users worldwide. Hence, the total number of Star supply depends on the earning activity of the entire community prior to cessation of new supply. This can be worked by the simple equation of
All Nodes in Star Network can make their own transaction verification decision and propose how the next block is formed. They will then internally communicate via network messages and then vote for different proposals. After several rounds of voting, the majority of these Nodes will reach a general consensus and then the voted block will be the next block. Nodes who have contributed to the formation of the next block will be rewarded with Star tokens.
Star Network is an all-inclusive app for you to grow, hold and transfer your Star balance. In addition to decentralized finance, the app also features mobile game and social networking elements for you to earn, play and social with Star Network to become GameFi!
Core Functions of Star Network include:
1. Grow, hold and stake your Star balance
2. KYC via trusted 3rd-party
3. P2P transfer to all users of Star Network
4. Instant messenger with photo-sharing functions
5. Mobile games tournament for GameFi
Cryptocurrency mining has become popular for individuals to earn digital assets. Pi Network gained significant attention in the crypto community with its unique mining approach. Several platforms offer free crypto mining opportunities if you want alternatives to Pi Network in 2023. Let's explore the top alternatives available.
Avive World is an innovative Layer 2 project that aims to create a decentralized and fair social new world based on the metaverse. It allows individuals to join the blockchain without any barriers. Avive features social elements like Location-Based Services (LBS), Soul-Bound Identity (SBT), and DeSoc.
The Avive application enables users to mine its native $VV token using their mobile devices without consuming excessive resources like data or processing capacity. The app is also designed to be battery-friendly, allowing users to mine for longer periods without worrying about draining their device's battery.
Bee Network is a Decentralized Autonomous Organization (DAO) that provides a gamified experience for users to earn Bee tokens. With over 26 million users, it is one of the largest blockchain-based Web3 interactive platforms.
Users can earn $BEE tokens through the Bee Network application by clicking the Bee button. The mining process continues even when the app is closed, providing an hourly earning rate. The mining session stops after 24 hours, and users must click the Bee button again to start a new session.
With Omega Network, users can seamlessly manage their mining activities directly from their phones and start earning cryptocurrency rewards. The platform provides a diverse range of features and a lightweight mining experience that is cost-effective for everyone. The protocol's native coin, $OMN, is listed on multiple exchanges, including OKX, Bybit, and KuCoin.
Eagle Network offers an innovative mobile mining solution, allowing anyone to mine cryptocurrency with a mobile phone. The platform utilizes blockchain technology to provide a cost-saving and energy-saving mining experience.
The Eagle Network mobile application enables users to mine Eagle cryptocurrency for free with just a click. By checking into the app every 24 hours and activating the cloud mining process, users can earn the native $EGON currency on the Android and iOS applications.
ICE Network introduces a new digital currency that can be mined from any mobile device. The network emphasizes community trust and aims to prove the value and usability of digital currencies in various use cases.
Users can join the ICE Network via an invitation from an existing member and start earning and building their own micro-communities. By checking in every 24 hours through the app, users can initiate their daily mining session and earn ICE tokens.
Star Network is a social DeFi network that aims to rebuild the financial world in a decentralized way through social power. The Star Network mobile app is an all-in-one Social DeFi app, enabling users to earn tokens, initiate P2P transfers, communicate, and play mobile games within the Star Network global community.
It operates on an invitation-only basis, allowing users to grow their Star balance as a reward for inviting trusted individuals to join the network. Star functions as both a digital currency and a means of social communication and peer-to-peer transactions within the Star Network ecosystem.
It's important to note that while these platforms offer free crypto mining, the value and liquidity of the native tokens may vary. Some tokens may still need to be listed on exchanges, limiting their immediate tradability. However, as these platforms grow and gain popularity, the potential for token value appreciation and future exchange listings increases.
As with any investment or participation in the cryptocurrency space, it's crucial to conduct thorough research, understand the risks involved, and make informed decisions. Additionally, always prioritize the security of your personal information and digital assets by using trusted platforms and following best practices for online security.
Overall, if you're seeking alternatives to Pi Network for free crypto mining in 2023, platforms like Avive World, Bee Network, Omega Network, Sidrabank, Eagle Network, ICE Network, and Star Network offer intriguing opportunities. Explore these platforms, understand their unique features, and choose the one that aligns with your goals and values in the crypto mining space. Happy mining!
We understand that some Explorers may have submitted their nicknames or short names in the application and have concerns about whether it would affect their KYC status. Since Star Network will request you to submit your personal identity information to a trusted 3rd-party compliance company for verification purpose, even if your username or display name is not the same as your real name, it will not affect your KYC results. 152ee80cbc
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