Seedify.fund

Halal Rating :
Questionable
Last Price $1.45 Last updated:
Rank 468
1D Change -8.32 %
Market Cap $91.32m
Circulating supply 63,107,287
Maximum supply 100,000,000

Crypto Overview

Categories
  • Gaming
  • Launchpad
  • Polygon Ecosystem
  • Play To Earn
  • BNB Chain

Project Overview

Seedify.fund is a blockchain gaming-focused incubator and launchpad that helps gaming projects raise capital and build communities. The SFUND token serves as the platform's native utility token, primarily used for governance and participation in Initial Game Offerings (IGOs) on the platform.

Intended Utility

The primary intended utilities of SFUND include: governance rights over the platform's development, participation in IGOs and INOs (Initial NFT Offerings), staking for tier-based allocation in new gaming project launches, and access to the platform's incubation ecosystem.

Actual Utility

The token demonstrates active utility through its launchpad functionality, with numerous successful gaming project launches completed. The platform has maintained consistent development activity and regularly hosts new gaming project launches. On-chain data shows active participation in staking and IGO activities.

Business Model Analysis

The platform generates revenue through fees from hosted IGOs and INOs, while providing value to both game developers and investors. The business model is transparent and doesn't involve prohibited activities like gambling or interest-based lending.

Token Distribution and Governance

The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The project maintains transparent communication about token unlocks and utilization. While there is a significant portion allocated to the team, the vesting schedules are designed to align long-term interests.

Development vs Marketing

The project maintains an active development schedule with regular updates to the platform. While marketing is prominent, there is substantial evidence of ongoing technical development and platform improvements.

Crypto Impact

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Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Seedify.fund.

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