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Seedify Announces New Ecosystem Features and Utilities for its Token

Published 03/21/2022, 06:30 AM
Updated 03/21/2022, 07:00 AM
Seedify Announces New Ecosystem Features and Utilities for its Token

Seedify is a leading incubator and launchpad platform committed to fostering growth and innovation in the blockchain gaming/metaverse space, with the mission of bringing the opportunities of GameFi and play-to-earn to global mainstream markets.

Since launching on March 26, 2022, as a community launch project, having received no outside funding through VCs, Private sales or IDOs, in less than a year, Seedify has grown to one of the industry’s largest launchpads, hosting over 40 successful token offerings, with nearly 4500 participants in its latest IGO (initial game offering).

The industry’s first gaming-focused incubator and launchpad, Seedify has built an ecosystem dedicated to ensuring the success of the projects launched through its platform. With the support of a growing community, along with a network of industry partners, the platform hosted some of the most successful IGOs of 2021, including Bloktopia, Cryowar and SIDUS Heroes.

The Seedify team continues to focus on expanding Seedify’s ability to drive innovation and support top gaming projects and teams while creating new opportunities for its token holders. Through these efforts, in April, Seedify is set to launch the Seedify NFT Launchpad, its highly-anticipated initial NFT offering (INO) platform for gaming and metaverse assets, along with its revolutionary gaming and metaverse NFT marketplace, Seedify NFT Space.

NFT Assets in Gaming and the Metaverse

Already a vital part of the blockchain gaming ecosystem, NFTs are primed to revolutionize the global gaming industry. NFTs give gamers the ability to own their in-game assets, proving ownership, rarity and authenticity, while providing the ability to sell these items individually.

NFT metaverse assets act as building blocks, giving us the ability to build digital extensions of our lives, using unique, digital items, such as avatars, clothes, vehicles, houses, etc., in a medium where our imagination is the only limit to the possibilities of what can be created.

Expanding the Seedify Ecosystem

In addition to gaining access to IGOs by staking or yield farming on Seedify’s dashboard, $SFUND stakers will now be able to participate in INOs on the Seedify NFT Launchpad, gaining early access to in-game and metaverse NFT assets.

Unlike tokens purchased through IGOs, NFTs are not subject to a vesting schedule. Owners will be able to sell or trade these items if they choose to do so, giving them the ability to take advantage of their assets’ appreciation when the opportunity arises.

The Seedify NFT Space marketplace will give NFT asset owners a platform to buy and sell in-game and metaverse NFT items. Through the platform’s comprehensive tools and intuitive user interface, buyers will be able to research an item’s utilities and features, to fully understand and assess its value.

Seedify NFT Space will connect creators and supporters through a crowdfunding mechanism that will allow users to pledge and pre-fund NFT asset collections, to access special perks and limited edition items, depending on each creator’s campaign. The artists funded through this Kickstarter-like feature will be able to access Seedify’s ecosystem services, including advisory, network and NFT launchpad, to launch their collections.

The marketplace will also include an RNG rewards feature, where every transaction executed on the platform will result in an opportunity to receive an NFT reward. These rewards will be random, although Seedify NFT Space’s utility token, $SNFTS and the size of the transaction will influence the chances of receiving higher value NFT rewards.

$SFUND: New Utilities and Opportunities for Holders

The addition of new features to the Seedify ecosystem will bring new use-cases for the $SFUND token.

On the Seedify NFT Launchpad, $SFUND stakers and farmers will be able to participate in INOs, accessing valuable new opportunities to purchase in-game and metaverse NFT assets, in addition to gaming tokens through IGOs. The platform is due by April 2022 and will bring extra advantages to SFUND holders who will be able to join the INOs (Initial NFT Offer).

On Seedify NFT Space, while $SNFTS will give users fee discounts (1% instead of 2%), along with higher chances to win more valuable RNG NFT rewards, $SFUND will also play a vital role on the platform. $SFUND will be used to pre-fund NFT collections through the crowdfunding feature, as well as the NFT launchpad tier system when used by creators to launch collections.

Along with added utility for $SFUND, every transaction executed on Seedify NFT Space, where the buyer or seller does not hold $SNFTS tokens for fees, the full or regular 2% fee will apply. 25% of all regular fees collected will be allocated towards $SFUND buybacks, reducing the available supply on the market.

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