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What is SFUND Token?

Seedify Fund (SFUND) logo with intertwined gradient lines, 'What is SFUND? Seedify Fund' text on a black background

Hey Crypto Fans.

Are you a fan of blockchain games and always on the lookout for the newest NFT projects? Dive into the heart of the action with $SFUND, the key to Seedify’s rich ecosystem. As the excitement around cryptocurrencies reaches new heights, SFUND carves out its own space, offering exclusive access to the latest in gaming innovations and digital art.

Join us on this journey to understand what is SFUND and be part of the community that’s setting the trends in the blockchain world.

What is SFUND?

Seedify.fund is an incubator and launchpad dedicated to fostering innovation in blockchain gaming and NFT projects. It’s a pivotal piece in a larger puzzle, designed to support project funding, enable community governance, and distribute rewards, making it an integral part of the Seedify ecosystem’s heartbeat. Its native token, $SFUND is a BEP-20 token, which means its a standard on BNB Smart Chain (BSC) that extends ERC-20, the most common Ethereum token standard.

How Does $SFUND Work?

At its essence, $SFUND facilitates several critical functions within the Seedify.fund, such as:

Staking and Farming

By locking in $SFUND tokens, holders can earn rewards, encouraging a robust and engaged community.

Access to IDOs and IGOs

SFUND provides a ticket to participate in initial DEX offerings and game offerings, opening doors to early investment opportunities.

Community Governance

Token holders wield voting power on pivotal decisions, from project incubation choices to strategic ecosystem developments, ensuring a democratic approach to platform evolution.

How Does the Seedify Ecosystem Work?

Seedify.fund is a nurturing ground for the next generation of blockchain gaming and NFT innovations. Through its incubation program and launchpad, it offers comprehensive support to budding projects, from initial funding to advisory and marketing services, culminating in a token sale that connects projects with their future user base.

History and Founders

Seedify ($SFUND) was founded by Levent Cem Aydan, a Turkish entrepreneur with over ten years of experience in entrepreneurship and a deep interest in the blockchain sector since 2012. Aydan’s journey into blockchain and cryptocurrencies began in earnest around 2018, leading him to establish Seedify in 2021. His decision to start Seedify was driven by his disillusionment with traditional venture capital’s approach to cryptocurrency startups and a desire to pursue decentralized solutions and fair fundraising for entrepreneurs.

Recognizing the potential of integrating blockchain in gaming, Aydan pivoted Seedify to focus on becoming the first gaming-focused incubator and launchpad within the blockchain ecosystem on August 1st, 2021. This strategic shift aimed to leverage the play-to-earn model, which has been gaining traction, by supporting developers through seed funding, launchpad services, and a comprehensive support system including a unique NFT launchpad for gaming and metaverse assets​​​​​​.

Vision and Mission of Seedify.fund

Seedify is propelled by a mission to break down the barriers for blockchain project funding, making it accessible and equitable. Its vision extends towards cultivating a thriving ecosystem where gamers, developers, and investors alike can reap the benefits of blockchain technology’s immense potential.

What Makes $SFUND Unique?

$SFUND’s uniqueness is anchored in its focused approach towards blockchain gaming and NFTs. Unlike other tokens, it’s not just a currency but a vital component of an ecosystem designed to foster innovation and growth in this specific sector. Its standout features include:

Focused on Blockchain Gaming and NFTs

Seedify positions itself uniquely by focusing primarily on the blockchain gaming and NFT spaces. This specialization allows it to support and incubate projects that leverage the play-to-earn model, which is a rapidly growing sector within the blockchain industry​​​​.

Incubation and Launchpad Services

Seedify offers comprehensive incubation services alongside its launchpad, providing projects with not just a platform for initial offerings but also support in areas such as development, marketing, and strategy. This holistic approach to project support is designed to increase the chances of success for new initiatives within the blockchain gaming and NFT markets​​​​.

Community-Driven Governance

The platform leverages a DAO (Decentralized Autonomous Organization) for governance, allowing SFUND token holders to vote on key decisions, including which projects receive funding and support. This community-driven approach ensures that the ecosystem evolves in alignment with the interests and preferences of its participants​​​​.

Innovative Tokenomics and Reward Systems

Seedify’s tokenomics are designed to reward participants and stakeholders within its ecosystem actively. Stakers and farmers can earn rewards not just in SFUND but also in tokens from incubated and launched projects. This mechanism creates a direct incentive for the community to support and engage with these projects​​​​​​.

Tiered Participation in IGOs and INOs

The platform features a tiered allocation system for its Initial Game Offerings (IGOs) and Initial NFT Offerings (INOs), ensuring equitable access to project launches. This system rewards long-term holders and active participants with better opportunities to invest in new projects​​.

Anti-Inflationary Approach

Unlike many blockchain projects that use inflationary token distribution models, Seedify does not create new SFUND tokens to reward stakers. Instead, rewards come from the projects that are funded and supported by Seedify.fund, making it a sustainable model that helps to prevent token dilution over time​​.

Global Ambition with a Focus on Accessibility

Seedify aims to bring the opportunities offered by blockchain gaming and the play-to-earn model to a global audience. By focusing on these emerging trends, Seedify is at the forefront of a shift towards more interactive and rewarding gaming experiences that offer real-world value​​.

Tokenomics

The tokenomics of Seedify ($SFUND) are structured to support the ecosystem’s growth, sustainability, and community engagement. Here are the key aspects of SFUND’s tokenomics:

Total Supply

The total supply of SFUND tokens is capped at 100 million coins, ensuring a finite supply that helps to prevent inflation and maintain value over time.

Initial Circulating Supply

Initially, the circulating supply was set at 15 million coins, which is 15% of the total supply. However, adjustments were made by locking additional tokens from the Community Rewards Pool and the initial funding pool, reducing the initial circulating supply to 6.5 million tokens.

Distribution

The allocation of SFUND tokens is designed to support various functions within the ecosystem:

Community Rewards

7 million coins (7% of the total supply) are allocated for community rewards. These are unlocked and released as bounties are completed to decentralize Seedify and stimulate community engagement and marketing awareness.

Initial Fund Pool

6 million coins (6% of the total supply) are reserved in the fund pool wallet to transfer funds to community-selected projects through the DAO. These coins will not participate in staking or liquidity mining programs to avoid diluting rewards.

Initial Operations Pool

2 million coins (2% of the total supply) are allocated for operational costs, including team expansion, audits, legal fees, development, marketing, and liquidity provision if necessary.

Liquidity Mining Programs

A portion of SFUND’s total supply is designated for liquidity mining programs, with tokens being available for liquidity mining rewards over a structured timeline to encourage participation in providing liquidity.

Team and Founder Reserve

16% of the total supply is reserved for the team and founders, with a lock-up period and gradual release to align team incentives with the long-term success of the ecosystem.

Funding Pool Reserve

50% of the total supply is allocated to the funding pool reserve, intended for incubating more projects and supporting the growth of the Seedify ecosystem. This reserve is locked initially and released gradually to avoid impacting staking rewards negatively.

Marketing & Development Fund

10% of the total supply is allocated for marketing and development activities to promote Seedify and support its growth. This fund is initially locked and released gradually to ensure resources are available for sustained ecosystem development.

The tokenomics of SFUND are designed to balance the needs of project funding, operational sustainability, community incentives, and ecosystem growth. By structuring the token distribution and allocation in this manner, Seedify aims to create a robust and thriving ecosystem that supports the incubation and launch of new blockchain projects while rewarding community participation and investment​​.

Ready to Explore $SFUND?

If $SFUND has sparked your interest, having a reliable crypto wallet is the first step. Once you get your Klever Wallet, getting involved with $SFUND is straightforward:

  1. Swap SFUND with Klever: A seamless process within the Klever ecosystem.
  2. Buy SFUND with Klever Wallet: Buy SFUND from world class providers, with many payment options available and the leading security of a multi-chain wallet.

Joining the Klever community means embracing a secure, user-friendly approach to digital asset management.  Begin your journey to enhanced fan experiences by downloading the Klever Wallet today, and start engaging with your favorite crypto on a whole new level.

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