# Our Motivation
# Why Hedera?
Hedera has gotten to the point where Smart Contracts are only a short time away. These smart contracts are EVM compatible and coded entirely in Solidity, this means that deploying applications on Hedera is cheaper and more efficient than doing it natively on Ethereum and makes the migration of users and developers over to Hedera much easier. Hedera is already a PoS network and combining that with its Fair-Ordering transaction system, its fees that cost fractions of a cent, and its sub-five-second finality means that the Hedera Hashgraph is in a prime position to experience expansive growth. Hedera Starter will contribute significantly to this growth as the network’s leading launchpad.
# How is HStarter different from other launchpads?
HStarter takes a broader approach compared to the majority of the other launchpads, and weaves specialization across various high-tech industries directly into the protocol economics. Allocations on HStarter are tokenized by means of NFTs and can be lent out for a given IDO for an interest. It also enables automated diversification of itts token holders through a Community Innovation Pool (CIP). The HPAD staking requirements will differ significantly depending on the industry one wishes to access (gain allocation in). And that’s just the tip of the iceberg!
# Who owns HederaStarter?
HStarter is a community-owned and driven ecosystem. It's a DAO-governed incubator and a launchpad. It means that the governance process is in the hands of the community.
# Who is HederaStarter for?
- All projects building and intending to build on Hedera
- Current and new Hedera community members
- Institutional as well as private investors

# Who is behind HStarter?
HederaStarter is an open-source project with valuable contributions from members of the DAO. The initial development is being facilitated by a capable team with experience in:
- Sourcing the best projects with an intent to launch on Hedera
- Attracting projects from other chains to launch on Hedera
- Vetting project concepts and facilitating the orderly delivery of tech promised and ecosystem capabilities.

You can find more information about the HederaStarter team on our website.
# How is HStarter contributing to the Hedera ecosystem?
The Hedera Hashgraph is in a prime position to experience expansive growth as the network implements EVM compatibility, allowing smart contracts to be written and deployed in Solidity. HStarter will contribute significantly to this growth as the network’s leading launchpad and tokenized incubator. The expertise of Council members is directly integrated into the ecosystem to ensure that only the best projects make it to the market.
# What is an IDO and why is HStarter using IDOs?
IDO is an acronym for Initial DEX Offering and it refers to the sale of the tokens of new projects using decentralized solutions to provide equal access opportunities for all interested participants and ensure transparency. HStarter is using IDOs because it aligns with the decentralized, transparent, and democratic ideals of Web3. IDOs can be provably democratic, fair, and transparent because the IDO conditions are managed by smart contracts rather than humans. We can predefine conditions such as maximum allocation per user, duration of fundraising, and IDO termination, among others. HStarter adopts the IDO mechanism because it ensures that both teams and users get the maximum benefits from each fundraising round under the most efficient conditions.