What is Seedify.fund? (2024)

What is Seedify.fund?

How is Seedify.fund used?

Seedify.fund (SFUND) is the native token of the Seedify ecosystem, which is a launchpad platform for blockchain games and gamers. Here are the key uses of SFUND:

1. Staking and Farming: Users can stake or farm SFUND tokens to earn passive income and participate in token sales events.

2. IDO and INO Participation: SFUND holders can join Initial Dex Offerings (IDO) and Initial NFT Offerings (INO) by staking or farming SFUND tokens. The tier system, which depends on SFUND holdings, determines access to these events.

3. Investment and Allocation: Users can invest in SFUND to get access to allocations from token sale events. The token distribution is divided among funding pools for projects, stakers, community involvement rewards, and Seedify fund operations.

4. NFT Pre-Funding: SFUND can be used to pre-fund NFT collections, providing mint spots, freebies, and other benefits. This facilitates early investment in NFT projects and supports creators through marketing, advisory, and industry partnerships.

5. Seedify NFT Space: SFUND is used to facilitate transactions on the Seedify NFT Space, a marketplace for NFTs. Each transaction has a chance to receive an NFT reward, and holders of a new token, $SNFTS, will have lower transaction fees and higher chances of receiving rare rewards.

Overall, SFUND is the central token that enables users to participate in various aspects of the Seedify ecosystem, from staking and farming to IDO and INO participation, NFT pre-funding, and NFT marketplace transactions.

How do I store Seedify.fund?

To store Seedify.fund (SFUND) tokens, follow these steps:

1. Install Binance Smart Chain (BSC) App on Ledger Device:

   • Install the Binance Smart Chain (BSC) app on your Ledger device.
   • Add an account on Ledger Live.
   • Get your BSC address and send the SFUND tokens to that address.

2. Use MetaMask:

   • If you need to visually access your SFUND tokens, use a third-party wallet like MetaMask.
   • Connect your Ledger device as a hardware-connected wallet to MetaMask.
   • Ensure you add the Binance Smart Chain as your RPC network.
   • If necessary, import the token details to see your SFUND tokens in MetaMask.

3. Security Precautions:

• Avoid holding large amounts of crypto on centralized exchanges.
• Use reputable exchanges and enable 2-Factor Authentication (2FA).
• Be cautious of phishing scams and only purchase hardware wallets from official sites.

By following these steps, you can securely store and manage your Seedify.fund (SFUND) tokens.

To buy Seedify.fund (SFUND) tokens, follow these steps:

1. Choose an Exchange:

   • Centralized Exchanges: Go to a reliable centralized exchange such as KuCoin, Gate.IO, or Bybit. Create an account if you don't have one, and complete the verification process if required.
   • Decentralized Exchanges: Use a decentralized exchange (DEX) like Pancake Swap. Download a compatible wallet like MetaMask or Trust Wallet, and set it up.

2. Fund Your Account:

   • Centralized Exchanges: Deposit funds into your exchange account using methods like credit/debit cards, bank deposits, or third-party payment channels.
   • Decentralized Exchanges: Buy BNB (Binance Coin) on a centralized exchange like Binance, then transfer it to your wallet. Use this BNB to trade for SFUND on the DEX.

3. Buy SFUND:

• Centralized Exchanges: Search for SFUND, select the desired amount, and complete the purchase.
• Decentralized Exchanges: Connect your wallet to the DEX, set BNB as the payment token, and SFUND as the token to acquire. Confirm the transaction.

4. Transfer to Wallet:
   • Centralized Exchanges: You can hold SFUND in your exchange account or transfer it to your personal wallet for additional passive income opportunities.
   • Decentralized Exchanges: SFUND will be directly transferred to your wallet after the swap is confirmed.

Remember to research the exchange and wallet you choose, and always follow security best practices to protect your assets.

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Seedify.fund

Seedify.fund (SFUND) was founded by Levent Cem Aydan, who initially showed interest in creating a crypto startup in 2018. The project was introduced in February 2021 as a community-driven ecosystem designed to advance blockchain innovation. It held various community events, polls, and airdrops to raise awareness and fine-tune the platform before its launch. On March 26, 2021, $SFUND was listed on Pancakeswap, with over 3 million tokens airdropped to community members who participated in the events.

Initially, Seedify was conceptualized as a crowdsourced incubator for all types of crypto startups. However, it underwent a significant shift in focus and became a hyper-focused launchpad and incubator exclusively for blockchain gaming projects. This change was motivated by the increasing competition and saturation within the generalist crypto incubation space.

Seedify has since grown, developing its launchpad and introducing incubation and staking opportunities based on community feedback. It held its first IDO (Wizard) on July 14, 2021, which successfully sold out and achieved a 20x ATH. The project has continued to evolve, focusing on blockchain gaming and providing resources such as seed money, developmental advice, and a launchpad for initial game offerings (IGOs) to startups in this space.

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Seedify.fund

Seedify.fund is a blockchain innovation hub that provides a comprehensive ecosystem for seed funding, incubation, and launching new web3 projects. Here's a detailed overview of how it works:

Seed Funding and Incubation

Seedify.fund operates as a DAO-driven seed stage fund, allowing entrepreneurs and innovators to submit their projects for community voting. Projects that win the votes receive seed funding and enter the incubation program. This community-driven governance ensures that projects are selected based on their potential and the community's feedback.

Launchpad and IDOs

Seedify's launchpad provides a robust environment for Initial Dex Offerings (IDOs), which are token sales for new blockchain projects. The platform features a tiered allocation mechanism, where participants can stake or farm $SFUND tokens to gain access to these IDOs. The higher the tier, the more significant the allocation. This system ensures that participants have a guaranteed way to participate in token launches.

$SFUND Token

The $SFUND token is the native token of Seedify.fund. It is a BEP-20 token designed for staking, farming, funding, and voting on the platform. The token has a total supply of 100 million, with various allocations for community rewards, initial funding, operations, liquidity mining, marketing, and the founding team.

Staking and Farming

Seedify's staking feature allows users to lock their $SFUND tokens for a predetermined period, ranging from 30 to 270 days. The longer the period, the higher the annual percentage yield (APY) earned. The farming feature involves contributing to a designated pool, where users add $SFUND tokens and an equal value of another token. As a reward, liquidity providers receive LP tokens, which can be staked on the Seedify platform for additional rewards.

Anti-Inflationary Design

Seedify's tokenomics are designed to be anti-inflationary. Instead of minting new tokens to reward stakers, the platform distributes tokens from successfully funded projects to stakers. This mechanism protects the investor's token while exposing them to the price movements of other new projects.

Claim Dashboard

The claim dashboard on Seedify provides users with a holistic view of their activities and investments on the platform. It shows the number of IDOs participated in, staking pool data, APR, period of staking, and any accumulated staking points.

Seedify NFT Space

Seedify NFT Space is a platform focused on metaverse and in-game assets. It features a second token, $SNFTS, which allows users to participate in NFT offerings. Holding $SNFTS provides utilities like lower transaction fees, improved RNG rates for random NFT drops, and improved NFT rarity. The platform also includes an auto-launch function, which adds more $SFUND utility via the tier systems when Seedify's launch platforms are used.

Airdrop and Tokenomics

To jumpstart Seedify NFT Space, a strategic airdrop will occur. The only way to initially acquire $SNFTS will be through the airdrop. No tokens will be sold or offered to any party besides the airdrop recipients. The airdrop snapshots will be taken at specific intervals over five weeks for $SFUND stakers/farmers. Each snapshot will provide more claimable $SNFTS at a rate of 1 $SFUND = 20 $SNFTS for each snapshot.

NFT Rewards

Each transaction executed on Seedify NFT Space has an opportunity to receive an NFT reward selected through an RNG process. This NFT rewards pool will be maintained through a pool that gets funded from 25% of the platform's trade commission fees. Some NFT rewards will be more valuable than others, while larger transactions will have higher chances to receive rarer rewards drops, although even small transactions will have rare drop chances.

Tier System

Seedify features a 9-level tier system based on $SFUND holding requirements, ranked from 1 to 9 from lowest to highest. The higher the tier, the more significant the benefits, including more mint spots, freebies, and better access to NFT projects.

Additional Support

Creators on Seedify have access to a network of launchpads, starting with Seedify's IDO, IMO, and INO Launchpads. This includes additional support through marketing, advisory, and industry partnership connections.

Transparency

Seedify emphasizes transparency by clearly outlining the price and total supply of the NFTs available during each offering. They also explain the mechanics of participation, ensuring fair access for interested investors.

Overall, Seedify.fund provides a comprehensive ecosystem for seed funding, incubation, and launching new web3 projects, with a focus on community-driven governance and anti-inflationary tokenomics.

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Seedify.fund

Seedify.fund (SFUND) has several strengths that make it a leading Web3 Gaming Incubator and Launchpad for blockchain projects:

1. Community-Driven Governance: Seedify.fund operates as a decentralized autonomous organization (DAO), allowing its community to influence the platform's direction through voting and feedback mechanisms.

2. Innovative Technologies: The platform focuses on cutting-edge technologies such as DeFi, AI, Big Data, NFTs, and Web3 Gaming, providing a comprehensive ecosystem for blockchain innovation.

3. Guaranteed Refund Policy: Public Seedify IDOs have a guaranteed refund policy of 7 or 14 days, ensuring a healthy balance between community needs and project compliance.

4. High-Yielding Staking and Farming: Users can earn passive income by staking or farming SFUND tokens, with staking rates reaching up to 125% APY.

5. Chain-Agnostic Design: Seedify supports multiple blockchains, including Ethereum, Fantom, Binance, Polygon, Avalanche, and Sei, allowing users to participate in projects built on various chains.

6. Transparency and Security: The platform ensures transparency by clearly outlining the price and total supply of NFTs during offerings and uses robust security measures, including two-factor authentication, to protect user data.

7. Strong Community Support: Seedify has a large and active community, with over 200,000 followers on Twitter, 110,000 community members on Telegram, and 90,000 readers on Medium, providing significant marketing and advisory support to projects.

8. Comprehensive Resources: The platform offers a range of resources for start-ups, including seed funding, developmental advice, and a launchpad for initial game offerings (IGOs), making it an attractive option for blockchain gaming projects.

These strengths position Seedify.fund as a robust and supportive ecosystem for blockchain innovation and gaming projects.

Seedify.fund (SFUND) carries several risks that investors should be aware of:

1. Market Volatility: As a project in the crypto space, Seedify is susceptible to market fluctuations, which can impact the value of SFUND tokens. Market downturns can lead to significant losses for investors.

2. Project Failure: The success of Seedify.fund is heavily dependent on the success of the projects it funds. If these projects fail to develop or launch, investors may lose their investments.

3. Risk of Manipulation: Seedify.fund's risk score has been reported to be high, indicating that the token's price can be easily manipulated by limited trading activity. This makes it a relatively high-risk investment.

4. Speculation and Hype: The blockchain gaming industry, which Seedify focuses on, has seen significant speculation and hype. This can lead to disproportionate price movements, making it challenging for investors to make informed decisions.

5. Regulatory Risks: As with any crypto project, Seedify.fund is subject to regulatory changes and potential legal challenges, which can impact its operations and token value.

6. Tokenomics and Allocation: The tokenomics of SFUND, with its various allocations to different groups, can lead to concerns about the distribution of power and potential conflicts of interest.

7. Dependence on Community: Seedify.fund's success relies on the active participation of its community, including token holders and stakers. If the community loses interest or trust, the project's viability may be compromised.

These risks highlight the importance of thorough research and careful consideration before investing in Seedify.fund (SFUND).

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Seedify.fund

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Seedify.fund

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Seedify.fund

• Levent Cem Aydan: Founder & CEO of Seedify.fund (SFUND), a blockchain gaming launchpad and incubator. He is a former USC student with experience in blockchain entrepreneurship.