According to the analytical resource DappRadar, in 2021 venture investors have invested more than $4 billionand the trading volume of in-game NFTs exceeded $4.5 billion.
Game creators are increasingly raising funds through Initial Game Offerings (IGOs) on specialized platforms. Together with the project Seedify.fund we tell you how to participate in IGO.
How IGO works
Members ICO, IEO and IDO buy native tokens that can be used to reduce fees and pay for products in the ecosystem of projects.
Purchasing tokens on IGO is essentially supporting the development of a particular game. Its participants can receive bonuses – in-game items in the form of NFTs.
Seedify.fund is one of the IGO platforms. Since its launch on March 26, 2021, it spent more than 50 tokensales, in which 4500 investors took part.
The most successful IGOs on Seedify.fund are Bloktopia (BLOK), Cryptomeda (TECH) and Cryowar (CWAR). They raised $5.2 million, $2.7 million and $3.6 million, respectively.
At its peak, the profitability of the Bloktopia token since the token sale was 69 726%Cryptomeda – 21,566%Cryowar- 16 620%.
How to take part in the token sale
To participate in IGO, you need to register on the site Seedify.fund and procedure KYC on the Blockpass verification platform. For this you need:
- provide a passport, ID-card or driver’s license;
- take a selfie;
- take a photo of a document that confirms the place of residence;
- specify the external wallet address that you will use on Seedify.fund.
Detailed instructions for passing KYC published blog platforms.
Users fund IGO with Seedify.fund native tokens (SFUND). You need to buy them on KuCoin, Gate.io, PancakeSwap or other exchangesand then withdraw to the wallet specified during registration.
Depending on the number of SFUNDs, the site assigns a level and “weight” to the user, which affect his capabilities during IGO.
Level system
Seedify.fund assigns users one of nine levels depending on the amount of SFUND on the wallet. The higher the level, the more tokens you will receive on IGO.
Users of the sixth level and above can participate in private tokensales, and users of the ninth can participate in seed rounds on Seedify.fund.
SFUND staking
To get into the list of IGO participants, you need to transfer SFUND to staking no later than a day before the token sale.
The profitability of staking depends on the blocking period of tokens:
- 7 days – 5% per annum;
- 14 days – 11% per annum;
- 30 days – 25% per annum;
- 60 days – 55% per annum;
- 90 days – 75% per annum;
- 180 days – 90% per annum.
The exact return can be calculated in calculator seedify.fund. Step-by-step instructions for transferring tokens to staking have been published blog platforms.
Buying tokens on Seedify.fund
On Token Lay Day, Seedify.fund users must complete the following steps:
- connect a wallet on the site Seedify.fund;
- select the project pool hosted by IGO;
- press the button Buy Tokens on the opened page;
- indicate the amount of tokens within the available distribution and confirm the swap.
Depending on the method of distribution of tokens, the investor will receive them at the time of listing, through an airdrop, or after sending a request on the page Seedify Claim.
Project Plans
In February, the Seedify.fund team announced launch of two platforms: Seedify NFT Launchpad and Seedify NFT Space.
The first one will host initial offers of non-fungible INO tokens, and the second one will trade these assets. Only users with SFUND in stake are allowed to participate in INO.
Seedify NFT Launchpad and Seedify NFT Space are scheduled to launch in April 2022.
findings
At the end of 2021, tokens from the GameFi segment showed impressive dynamics. Thus, the profitability of the Gala and Axie Infinity projects amounted to 28,707% and 16,618%, respectively. During the same time, Bitcoin and Ethereum have risen in price by 60% and 400%.
The Seedify.fund project aims to create a complete ecosystem for game developers, investors and NFT collectors.
If users continue to be interested in GameFi, the platform may become one of the main venues for IGOs and INOs.
Subscribe to Cryplogger news in Telegram: Cryplogger Feed – the entire news feed, Cryplogger — the most important news, infographics and opinions.
Found a mistake in the text? Select it and press CTRL+ENTER
According to the analytical resource DappRadar, in 2021 venture investors have invested more than $4 billionand the trading volume of in-game NFTs exceeded $4.5 billion.
Game creators are increasingly raising funds through Initial Game Offerings (IGOs) on specialized platforms. Together with the project Seedify.fund we tell you how to participate in IGO.
How IGO works
Members ICO, IEO and IDO buy native tokens that can be used to reduce fees and pay for products in the ecosystem of projects.
Purchasing tokens on IGO is essentially supporting the development of a particular game. Its participants can receive bonuses – in-game items in the form of NFTs.
Seedify.fund is one of the IGO platforms. Since its launch on March 26, 2021, it spent more than 50 tokensales, in which 4500 investors took part.
The most successful IGOs on Seedify.fund are Bloktopia (BLOK), Cryptomeda (TECH) and Cryowar (CWAR). They raised $5.2 million, $2.7 million and $3.6 million, respectively.
At its peak, the profitability of the Bloktopia token since the token sale was 69 726%Cryptomeda – 21,566%Cryowar- 16 620%.
How to take part in the token sale
To participate in IGO, you need to register on the site Seedify.fund and procedure KYC on the Blockpass verification platform. For this you need:
- provide a passport, ID-card or driver’s license;
- take a selfie;
- take a photo of a document that confirms the place of residence;
- specify the external wallet address that you will use on Seedify.fund.
Detailed instructions for passing KYC published blog platforms.
Users fund IGO with Seedify.fund native tokens (SFUND). You need to buy them on KuCoin, Gate.io, PancakeSwap or other exchangesand then withdraw to the wallet specified during registration.
Depending on the number of SFUNDs, the site assigns a level and “weight” to the user, which affect his capabilities during IGO.
Level system
Seedify.fund assigns users one of nine levels depending on the amount of SFUND on the wallet. The higher the level, the more tokens you will receive on IGO.
Users of the sixth level and above can participate in private tokensales, and users of the ninth can participate in seed rounds on Seedify.fund.
SFUND staking
To get into the list of IGO participants, you need to transfer SFUND to staking no later than a day before the token sale.
The profitability of staking depends on the blocking period of tokens:
- 7 days – 5% per annum;
- 14 days – 11% per annum;
- 30 days – 25% per annum;
- 60 days – 55% per annum;
- 90 days – 75% per annum;
- 180 days – 90% per annum.
The exact return can be calculated in calculator seedify.fund. Step-by-step instructions for transferring tokens to staking have been published blog platforms.
Buying tokens on Seedify.fund
On Token Lay Day, Seedify.fund users must complete the following steps:
- connect a wallet on the site Seedify.fund;
- select the project pool hosted by IGO;
- press the button Buy Tokens on the opened page;
- indicate the amount of tokens within the available distribution and confirm the swap.
Depending on the method of distribution of tokens, the investor will receive them at the time of listing, through an airdrop, or after sending a request on the page Seedify Claim.
Project Plans
In February, the Seedify.fund team announced launch of two platforms: Seedify NFT Launchpad and Seedify NFT Space.
The first one will host initial offers of non-fungible INO tokens, and the second one will trade these assets. Only users with SFUND in stake are allowed to participate in INO.
Seedify NFT Launchpad and Seedify NFT Space are scheduled to launch in April 2022.
findings
At the end of 2021, tokens from the GameFi segment showed impressive dynamics. Thus, the profitability of the Gala and Axie Infinity projects amounted to 28,707% and 16,618%, respectively. During the same time, Bitcoin and Ethereum have risen in price by 60% and 400%.
The Seedify.fund project aims to create a complete ecosystem for game developers, investors and NFT collectors.
If users continue to be interested in GameFi, the platform may become one of the main venues for IGOs and INOs.
Subscribe to Cryplogger news in Telegram: Cryplogger Feed – the entire news feed, Cryplogger — the most important news, infographics and opinions.
Found a mistake in the text? Select it and press CTRL+ENTER
