The blockchain gaming incubator & launchpad Seedify backed by NGC Ventures

Incubator and launchpad for blockchain gaming NGC Ventures, a Singapore-based institutional investor focused on blockchain and distributed ledger technology, has provided Seedify with undisclosed money.

Seedify’s development inside the blockchain gaming sphere and the larger metaverse will be aided by this strategic investment, according to a press release.

Furthermore, for maximum effect, both companies will collaborate to foster and create new game businesses.

Seedify, founded in 2021 by CEO Levent Cem Aydan, is a platform for IGOs that operates on Binance Smart Chain (BSC) (Initial Game Offerings). It makes the launches easier by providing extensive verification procedures for the participants.

Tier systems are allocated by the company to participate in the private and seed fundraising rounds of these projects before they are officially launched on exchanges.

Interested game developers should submit a proposal to Seedify, a decentralised autonomous organisation (DAO). It then allows holders of Seedify’s native token, the SFUND, to vote proportionately to their holdings on project proposals and participate in the governance of crucial Seedify decisions.

The entrepreneurs join the Seedify incubation programme and receive their seed capital if their product passes the community voting process.

The company also assists in the formation of a gaming community and the development of a marketing strategy for these initiatives. Seedify frequently gives incubatees 3% of their entire token supply to pay expenditures, as well as distributing a portion to SFUND holders in the form of prizes.

This allows token holders to participate in the startup’s success while also receiving a return on investment through the DeFi seed fund mechanism.

Seedify Game Studios, Seedify Game NFT Launchpad, and the Seedify Utility NFT Set are the three major pillars of the startup’s products.

The strategy-based land-building metaverse Cryptoblades Kingdoms, the play-to-earn NFT space game SIDUS, the real-time multiplayer PVP arena NFT game Cryowar, and the metaverse VR experience Bloktopia are among the notable titles featured on the Seedify platform.

BigTime Studios, Republic Realm, Terra Virtua, VRJam, and Boson Protocol are among NGC Ventures’ other metaverse investments.