Starpower Pre-Mining is Now Open: Solana DePIN Project

On March 21, the Solana-based DePIN project, Starpower, launched its NFT pre-mining for both new users and current NFT holders, with the pre-mining phase kicking off on March 21, 2024. Upon locking in their NFTs, participants will start accruing daily NOVA rewards from 00:00 (UTC+0) the subsequent day. This article will offer an overview of Starpower and detail its pre-mining event.

What is Starpower? 

Starpower leverages cutting-edge Internet of Things (IoT), blockchain, and artificial intelligence technologies to revolutionise the energy sector. By connecting a myriad of energy devices, such as air conditioners, water heaters, and energy storage batteries, Starpower provides a critical infrastructure for the deployment of applications like virtual power plants (VPP).

Drawing parallels with Uber's global aggregation of vehicles, Starpower unites energy devices worldwide to meet diverse application needs. From household appliances to industrial equipment, all can be integrated into Starpower's network through either hardware or software solutions, enabling users to earn $STAR rewards. This aggregation creates a network effect, facilitating applications such as demand response, energy efficiency improvements, and energy data monetization on the energy internet.

Starpower's mission extends beyond technology, aiming to combat climate change through climate tech innovations. By advocating for stakeholder engagement and individual sovereignty, principles central to Web3, Starpower addresses the global climate crisis—a challenge that demands immediate action.

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The Starpower Foundation is dedicated to constructing a worldwide network of energy devices, redistributing network value back to users, and advancing towards a zero-carbon world.

Climate change, the paramount global challenge, necessitates a swift transition to renewable energy sources like solar, wind, and hydropower, thereby diminishing reliance on fossil fuels and reducing greenhouse gas emissions. However, the increasing connection of renewable energy to the grid introduces instability, complicating further integration of renewable sources. Starpower emerges as a solution to this challenge, aiming to stabilize energy supply and facilitate a broader adoption of renewable energy.

Pre-Mining Phase

The Starpower NFT pre-mining event was started on March 21, 2024, marking the beginning of a 100-day effective mining period for those holding a Pioneer Pass Card from the time of activation. This event is designed to be inclusive, welcoming both new users and existing NFT holders. Participants are encouraged to engage with the Starpower app, either through check-in or by locking their NFT, to earn NOVA rewards.

NOVA serves as the foundational energy points system within the Starpower ecosystem, representing the users' contributions and active participation. With the installation of Starplug hardware, users can instantly convert their accumulated NOVA points into $STAR tokens, integrating seamlessly into the broader framework of Starpower's innovative energy network.

For newcomers to Starpower, the process is straightforward. First, individuals are prompted to download the Starpower app and complete the registration process. Following registration, new users can engage in daily check-ins, an activity that facilitates the accumulation of NOVA rewards. Specifically, new users benefit from a 14-day reward scheme, where consecutive daily check-ins are incentivized. Each day offers two check-ins, each yielding 5 NOVA, enhancing the rewards for active participation in the Starpower ecosystem.