What is IoTeX (IOTX)? Detailed introduction of IoTeX project and IOTX token
What is IoTeX? This is a blockchain built and developed in conjunction with the Internet of Things (IoT). Join TraderH4 to learn this article.
Seedify (also known as Seedify.fund) is seen as the future of the P2E genre. It will act as a launchpad for blockchain gamers and games. By playing the game, players can earn in-game NFT (Non Fungible token) items and tokens as rewards.
Seedify will support curated IGO (Initial Game Offering) through their platform, help quality blockchain games get crowdfunding, as well as help them in community building activities and marketing. At the same time, this is also a way to support the Seedify community to receive tokens of blockchain games before these games are listed on exchanges.
The Seedify.fund ecosystem is a blockchain innovation hub with a seed stage fund controlled by the DAO to empower the next innovations of the blockchain ecosystem, through the governance mechanism, community-based feedback, engagement, and funding.
Seedify.fund includes product features and mechanisms that support each other and create new benefits for all parties involved in the ecosystem. The main features and mechanisms of this product are:
At Seedify.fund, investors, stakers and community members can all receive seed funds and support development through community voting.
SFUND allows holders to stake and receive incentive or investment rewards to get guaranteed access to launchpad allocation from token sale events, such as presales, ICOs, and IDOs.
1. Allocate tokens to each project in Funding Pool
Each funded Seedify.fund project will receive 75,000 tokens from Seedify to fund the fund, in exchange for 3% of the respective project's tokens. The token distribution is as follows:
SFUND is currently available on Pancakeswap , ApeSwap, BakerySwap or Kucoin exchanges . For CEX exchange (centralized exchange), it is necessary to transfer funds to the correct wallet to use for the activities below.
2. Join IGO
Before participating in IGO, users need to perform KYC (identity verification). This process will vary by country. Tokens must be kept in the respective wallet and used in the KYC process. Verification is completed with Blockpass, a third-party verification process.
After completing the verification via Blockpass, your wallet can be connected to Launchpad Seedify and users can select the desired IGO project pool.
3. Lottery system for pool weight
To participate in IGOs, a lottery system determines which tier you can participate. Seedify has updated from 3 to 9 tier to ensure fairness for users. Your pool weight will be decided according to the tier allocation. Weight (volume of coins in the pool) refers to the likelihood that your name will be randomly selected from the total. If your weight is 10 out of 100, your chance of being selected is 1/10. The higher the weight, the more likely it is to benefit from IGO, be it tokens or NFTs.
Staking also requires you to buy and deposit SFUND into a pool. The more SFUND you have, the higher tier you need to deposit.
In 2022, Seedify will continue to recruit more talented members. The second part is that they will continuously bring new utilities to SFUND coin holders .
These new add-ons will offer SFUND holders more opportunities and benefits which will include:
Quarter 2 will be a time when many products are completed one after another. Q3 and Q4 will be about polishing and improving these products.
Finally, the third part of the roadmap is to improve everything about IGO.
When the majority of blockchain projects use the inflation method to maintain sustainability. Staking is only continued due to staking incentives, creating a token dilution for those who do not stake. Ultimately, cryptocurrencies can lose value due to the constant creation of new tokens.
Seedify avoids inflation by not creating new tokens and rewards tokens from other projects as stake rewards. This anti-inflation approach not only prevents long-term dilution of assets, but also encourages community members to commit to quality games and projects, as this will determine staking rewards their.
How does a project get funded?
Seedify uses the DAO to manage the blockchain ecosystem and moderates community organization. Instead of top-down decision making, DAOs are managed through permissionless smart contracts (open smart contracts) to vote on priorities and important decisions.
With the DAO blockchain, token holders can make decisions on a variety of topics and businesses, including:
Currently, Seedify is conducting DAOs for the 2022 roadmap.
Seedify.fund always facilitates potential projects as well as their community. Decentralized development, combined with community-based mechanisms will always be at the core of the features and product development cycle of the Seedify.fund ecosystem.
What is IoTeX? This is a blockchain built and developed in conjunction with the Internet of Things (IoT). Join TraderH4 to learn this article.
Considered by the tech world as a “worthy competitor” of Ethereum, what is EOS oin? What is the potential of the project? All will be answered in this article.
Let's learn about Hooked Protocol, the Learn & Earn protocol that is receiving a lot of attention from the community. This is the 29th project launched on Binance Launchpad.
Privacy has always been a hot issue in the DeFi space. Renegade is developing a DEX that gives privacy to its users.
Saito Network is a Layer 1 blockchain project that promises to expand on many factors while keeping the stability of the rest of the blockchain's impossible trio.
What are the special highlights of the ENS project in Q3, let's find out with the TraderH4 team in today's article.
What is JasmyCoin, it is known that this project is widely known by the community by supporting data transactions. See the article for more information.
VIDT Datalink is a data security platform based on VIDT Datalink blockchain technology, in addition VIDT Datalink provides services to run validator nodes and provides data NFT technology and many other services.
Within the framework of this article, the TraderH4 team will introduce readers to a cross-chain support network, called Poly Network.
IoTeX is a project representing the field of IoT (Internet Of Things), helping to connect the real world and Web 3.0. Let's learn IoTeX with TraderH4 team in this article.
BitTorrent (BTT) is a token opened for sale on the Binance Launchpad platform, which created a "craze" for IEO in 2019.
Don't skip this article if you don't know what Bella Protocol (BEL) is because it can give you access to the entire DeFi world with just one click.
Enzyme Finance is a decentralized asset management infrastructure, built on Ethereum
IOST is an outstanding blockchain network with high scalability and security. So what is IOST? Join TraderH4 to learn about the IOST project and the IOST coin.
In this article, the TraderH4 team will dive into the Celsius ecosystem and decipher the main cause of the Celsius project's demise.
Taiko is the next generation Layer 2 platform developed for Ethereum. In this article, we will learn together the salient features of the Taiko project.
Pundi X is a project born to find a solution for blockchain-based payments. So what is the Pundi X project? Let's find out with TraderH4!
BitDAO is a decentralized autonomous organization that wants to level the playing field for everyone in the world by building a decentralized token economy.
Instadapp, an asset management solution provider in the DeFi space, raised US$2.4 million from investors in October 2019.
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
Blockade Games provides a platform that allows developers to create blockchain games. In addition, Blockade Games also creates many interesting free games.
UNQ Club is a project that provides a blockchain platform that allows investors to collect and manage existing NFT assets.
BENQI is one of the important pieces of the Avalanche ecosystem. Join TraderH4 to find out what BENQI (QI) is as well as detailed information about the QI token.
In addition to a cryptocurrency storage wallet, SafePal is also known to many investors for its SFP tokens and airdrop events with attractive rewards.
The fever from Akita Inu in the Crypto market in the past time has created a great buzz along with the rapid development of the "dog house token".
What is IoTeX? This is a blockchain built and developed in conjunction with the Internet of Things (IoT). Join TraderH4 to learn this article.
What is OKB? OKB is an exchange coin of OKX and the OKX Chain blockchain. Let's learn about OKX and OKB exchanges with TraderH4 in this article.
DROPP GG brings an innovative and novel idea to provide an NFT mint platform based on geographies outside of the real world.
CronaSwap is a DEX built on Cronos Chain, which has a similar model to Uniswap.