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4 Best IGO and Play2Earn Launchpads to Keep an Eye On in 2021/2022
Sergey Baloyan
Entrepreneur, X10.Agency Founder
#GameFi
#Seedify
Seedify, like the phenomenon of IGO, is still very young. Seedify started in 2021 and has already facilitated 4 successful IGOs in the first six months. In addition to arranging fundraising, the platform also helps with marketing and community building for a blockchain game project.
Through a pool you can invest in a project with SFUND, the tokens of the Seedify platform. The reward for investing tokens works through a tier system. The more SFUND tokens you have, the more weight you bring into the pool, the higher your tier is.
Currently, Seedify has a 9 tier system. In the first tier up to 250 SFUND, the token distribution is done via a lottery system. The other tiers will guarantee you a share. From Tier 6 you can also participate in private rounds, which means private sales.
Before you are allowed to participate in an IGO on this platform, you must first go through a KYC (Know Your Customer or identification) procedure. You must also purchase the tokens for this and have a wallet to put your tokens. The SFUND token can be bought via Kucoin or Pancakeswap.
Through a pool you can invest in a project with SFUND, the tokens of the Seedify platform. The reward for investing tokens works through a tier system. The more SFUND tokens you have, the more weight you bring into the pool, the higher your tier is.
Currently, Seedify has a 9 tier system. In the first tier up to 250 SFUND, the token distribution is done via a lottery system. The other tiers will guarantee you a share. From Tier 6 you can also participate in private rounds, which means private sales.
Before you are allowed to participate in an IGO on this platform, you must first go through a KYC (Know Your Customer or identification) procedure. You must also purchase the tokens for this and have a wallet to put your tokens. The SFUND token can be bought via Kucoin or Pancakeswap.
In my last articles we discussed why Play 2 Earn is a New Trend on the Crypto Market and What is IGO (Initial Game Offering) and How to Participate in it.
Today I want to tell you more about IGO launchpads, where you can find different interesting projects that are related to blockchain gaming, play-to-earn, IGOs, gaming metaverses, and so on.
These platforms facilitate IGOs of project developers. There're general launchpads that facilitate the funding of all kinds of blockchain projects. An example of this is Polkastarter. Further, I'll provide some examples of such launchpads where you can look for IGOs.
Today I want to tell you more about IGO launchpads, where you can find different interesting projects that are related to blockchain gaming, play-to-earn, IGOs, gaming metaverses, and so on.
These platforms facilitate IGOs of project developers. There're general launchpads that facilitate the funding of all kinds of blockchain projects. An example of this is Polkastarter. Further, I'll provide some examples of such launchpads where you can look for IGOs.
This is one of the largest IGO launchpads. GameFi was created by the people behind Red Kite Launchpad.
In addition to IGO, they also help fund blockchain games in other ways. GameFi is the first platform where you can purchase not only tokens in a project at an IGO, but also with assets in the game.
Here you need to buy the utility token GAFI to participate in an IGO in a pool. GameFi is therefore still in development and the launchpad is one of the first components that has been released.
Participation in an IGO can be organized by GameFi in various ways. You get access to the pools through a ticket system or by buying tokens. A ticket is your access to the ticket pools.
In addition to IGO, they also help fund blockchain games in other ways. GameFi is the first platform where you can purchase not only tokens in a project at an IGO, but also with assets in the game.
Here you need to buy the utility token GAFI to participate in an IGO in a pool. GameFi is therefore still in development and the launchpad is one of the first components that has been released.
Participation in an IGO can be organized by GameFi in various ways. You get access to the pools through a ticket system or by buying tokens. A ticket is your access to the ticket pools.
#Gamestarter
Gamestarter is a game financing platform that also organizes the IGOs in its own way. Here you get your investment in a project confirmed in freely tradable NFTs instead of tokens. The founders of this platform see the assets used for games as the most attractive NFTs to make profits from as liquid assets. That is why they have chosen this form of crowdfunding.
#Enjin Starter
The token GAME is the native token of the platform with which you buy these NFTs. Crowdfunding is done with an "all or nothing" system. This means that the investment and the entire plan will only continue if the stated goal is achieved. This platform is still under development, but certainly, an interesting one to keep an eye on. The token GAME is available on the Gate.io, Pancakeswap and Uniswap exchanges.
Enjin Starter specializes in DeFi and games. It organizes everything around an IGO. Enjin Starter started in May 2021. It is therefore still under development at the time of writing. Interestingly, it is part of the Enjin platform which is intended for the development of blockchain games. This platform already has a decent reputation and that makes Enjin Starter a launchpad worth keeping an eye on.
If you want the latest updates and research about crypto, GameFi, and the NFT industry and to participate in different crypto contests and activities - Follow me on Twitter.
If you want the latest updates and research about crypto, GameFi, and the NFT industry and to participate in different crypto contests and activities - Follow me on Twitter.
In the meantime, if you have any questions about crypto or you are a Crypto / GameFi / NFT project and want to know more about how to promote your project, you can always contact me via Telegram (@baloyan)
How China's New National Cryptocurrency Changes Everything
Sergey Baloyan
Entrepreneur, X10.Agency Founder
China is launching a national cryptocurrency. In this article, we'll tell you what information is already known about the project at the moment as well as how it may change the financial world.
A bit of History
In October 2019, Chairman of the People's Republic of China, Xi Jinping, said that the development of blockchain technology is one of the priorities of the state and called for accelerated growth of the industry. By that time, it was already known that China had been developing its own cryptocurrency since 2014.
News about this periodically surfaced, although most crypto enthusiasts know China more for their strict regulatory actions — significant restrictions on cryptocurrency investment, the inclusion of mining in the preliminary stop-list of industries that should be banned, closure of blockchain conferences by the police, and so on.
Much has changed since Facebook published their initial plans for Libra. The prospect of a private company with 2.3 billion users worldwide issuing its own currency made the idea much more real to governments around the world.
China took it as an incentive. First of all, to compete with the dollar in the digital payments market and, ultimately, to change the entire global financial system.
Looking at the example of China and understanding what the future may hold, many other countries have announced the development of their own CBDCs (Central Bank Digital Currencies). For example, central banks for the European Union, South Korea, Russia, Sweden and a number of other countries have announced their own developments in the field of state cryptocurrencies.
News about this periodically surfaced, although most crypto enthusiasts know China more for their strict regulatory actions — significant restrictions on cryptocurrency investment, the inclusion of mining in the preliminary stop-list of industries that should be banned, closure of blockchain conferences by the police, and so on.
Much has changed since Facebook published their initial plans for Libra. The prospect of a private company with 2.3 billion users worldwide issuing its own currency made the idea much more real to governments around the world.
China took it as an incentive. First of all, to compete with the dollar in the digital payments market and, ultimately, to change the entire global financial system.
Looking at the example of China and understanding what the future may hold, many other countries have announced the development of their own CBDCs (Central Bank Digital Currencies). For example, central banks for the European Union, South Korea, Russia, Sweden and a number of other countries have announced their own developments in the field of state cryptocurrencies.
In April 2020, screenshots of the first version of the digital yuan application appeared online. According to preliminary data, the tests began among the "white list" of clients of the Agricultural Bank of China (the 7th bank in the world in terms of net profit) in four pilot regions: Shenzhen, Hong Kong, Chengdu, and Suzhou. In April, Suzhou enterprises even intend to pay 50% of transport subsidies to local workers in the new digital currency.
A couple of weeks ago, it became known that on April 25, 2020, China will launch its national blockchain platform called BSN (Blockchain Service Network). Many believe this is the first, fundamental step before the launch of a global financial project - a government-backed cryptocurrency called DC/EP. And it seems that the country is taking this initiative more seriously than ever before.
Based on the screenshots that appeared online recently, it is clear that the crypto-yuan will be launched soon enough. More and more experts are saying that this could change the entire global financial system. So, what is known at the moment and what conclusions can be drawn from it?
Based on the screenshots that appeared online recently, it is clear that the crypto-yuan will be launched soon enough. More and more experts are saying that this could change the entire global financial system. So, what is known at the moment and what conclusions can be drawn from it?
Reviewing the BSN screenshots
Several basic functions can be seen in the screenshots, and the interface is very similar to other Chinese payment platforms such as Alipay and WeChat Pay. Also, according to various statements of officials, it is already possible to understand many features and functions of the future cryptocurrency. I tried to gather all the information from different sources together.
So, what is known at the moment about the crypto yuan?
A list of all the important facts about the digital yuan:
Is this the beginning of a new financial era?
As can be seen from the information currently available, DC/EP is not the classic concept of a decentralized cryptocurrency like Bitcoin. The users themselves are unlikely to feel a significant difference in using the new system compared to WeChat Pay or AliPay. For the government, the blockchain data structure will ensure unprecedented traceability and control.
It is important to note the advantage China can gain by being the first to release a government backed digital currency at scale. Meanwhile, competing projects like Libra and Ton have been held back and forced to change by regulators.
Today, China is the second economy in the world and the least dependent on oil prices. While there's no doubt that the dollar reigns supreme today, the digital yuan is China's best chance to compete with the dollar on the global scale in the years ahead.
There is no doubt that other governments will quickly follow China's example. Perhaps we are entering a new era — the end of physical cash and the emergence of central bank cryptocurrencies. And there is a strong possibility that this will completely change the international monetary system as we know it.
To get more thoughts and insides about crypto industry you can follow my LinkedIn , Medium , Twitter
Today, China is the second economy in the world and the least dependent on oil prices. While there's no doubt that the dollar reigns supreme today, the digital yuan is China's best chance to compete with the dollar on the global scale in the years ahead.
There is no doubt that other governments will quickly follow China's example. Perhaps we are entering a new era — the end of physical cash and the emergence of central bank cryptocurrencies. And there is a strong possibility that this will completely change the international monetary system as we know it.
To get more thoughts and insides about crypto industry you can follow my LinkedIn , Medium , Twitter
• The Chinese cryptographic currency will be called DC/EP, which stands for Digital Currency Electronic Payment.
• The Central Bank has not yet officially confirmed the schedule for the introduction of the digital yuan, but many sources talk about a full launch in mid-2021.
• Besides the standard ability to receive and send payments, one of the main functions is called 'touch and touch' - it allows two people to simply touch their mobile phones to make a transfer.
• Transfers can be made without an internet connection on devices with NFC technology or Bluetooth. Offline transactions are likely to be saved and accounted for whenever the users next get online. But so far not much is known specifically about the settlement mechanism.
• Familiar features such as transfer by account number as well as generation and scanning of QR codes can already be seen on screens.
• The BSN payment system can process up to 300,000 transactions per second.
• The Chinese cryptocurrency is suitable for any financial operations because of its high throughput, including traditional retail transactions and even micropayments.
• Obviously, the crypto yuan blockchain will be centralized.
• Interestingly, the currency will not only work on the blockchain — it will be issued in two main stages: from the Central Bank to commercial banks, and from commercial banks it will already be put into circulation.
• Banks and organizations will be able to act as DC/EP issuers who can exchange the digital yuan with other fiat currencies and assets.
• Patents also indicate that DC/EP will use a two-tier architecture that allows licensed third-party payment institutions and banks to participate in the secondary issuance of digital currency.
• It appears that Alipay itself will participate in the implementation of this scheme.
• All organizations licensed to participate in the DC/EP issue will have a reserve account with the People's Bank of China.
• China also sees its own cryptocurrency as a means of counteracting new digital currencies. According to the Central Bank, a domestically issued digital currency, supported by the government and expressed in the national unit of account, can help limit the issue of private currencies and reduce the risks of financial instability.
• According to China's plan, the crypto yuan will significantly expand financial infrastructure availability in the country. At the same time, as an international means of exchange, it could improve the efficiency of cross-border payments.
• Many sources say that on March 24, the Bank of China completed the development of basic functions and began drafting laws to implement the new technology nationwide.
• One of the main challenges for the Government is to ensure that the crypto yuan enjoys the same sovereignty as the fiat yuan. Strong liquidity guarantees are promised to its holders.
• The central bank said that DC/EP is also planned to be widely used during the 2022 Olympic Games to be held in Beijing.
• The Central Bank has not yet officially confirmed the schedule for the introduction of the digital yuan, but many sources talk about a full launch in mid-2021.
• Besides the standard ability to receive and send payments, one of the main functions is called 'touch and touch' - it allows two people to simply touch their mobile phones to make a transfer.
• Transfers can be made without an internet connection on devices with NFC technology or Bluetooth. Offline transactions are likely to be saved and accounted for whenever the users next get online. But so far not much is known specifically about the settlement mechanism.
• Familiar features such as transfer by account number as well as generation and scanning of QR codes can already be seen on screens.
• The BSN payment system can process up to 300,000 transactions per second.
• The Chinese cryptocurrency is suitable for any financial operations because of its high throughput, including traditional retail transactions and even micropayments.
• Obviously, the crypto yuan blockchain will be centralized.
• Interestingly, the currency will not only work on the blockchain — it will be issued in two main stages: from the Central Bank to commercial banks, and from commercial banks it will already be put into circulation.
• Banks and organizations will be able to act as DC/EP issuers who can exchange the digital yuan with other fiat currencies and assets.
• Patents also indicate that DC/EP will use a two-tier architecture that allows licensed third-party payment institutions and banks to participate in the secondary issuance of digital currency.
• It appears that Alipay itself will participate in the implementation of this scheme.
• All organizations licensed to participate in the DC/EP issue will have a reserve account with the People's Bank of China.
• China also sees its own cryptocurrency as a means of counteracting new digital currencies. According to the Central Bank, a domestically issued digital currency, supported by the government and expressed in the national unit of account, can help limit the issue of private currencies and reduce the risks of financial instability.
• According to China's plan, the crypto yuan will significantly expand financial infrastructure availability in the country. At the same time, as an international means of exchange, it could improve the efficiency of cross-border payments.
• Many sources say that on March 24, the Bank of China completed the development of basic functions and began drafting laws to implement the new technology nationwide.
• One of the main challenges for the Government is to ensure that the crypto yuan enjoys the same sovereignty as the fiat yuan. Strong liquidity guarantees are promised to its holders.
• The central bank said that DC/EP is also planned to be widely used during the 2022 Olympic Games to be held in Beijing.
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