Spintop Network: The Ultimate GameFi Ecosystem

Raissa Gomes
Seedify
5 min readNov 22, 2021

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Hello, Seedify Community!

Today, we are incredibly excited to share more information about the highly anticipated Spintop Network IGO coming up on the Seedify Launchpad on December 1st!

The Gaming Industry

Over the past decade, the global gaming industry has seen consistent and rapid growth, with the sector’s value increasing 2.5x between 2011 and 2021, with over 175 billion USD in revenue expected this year.

For years, serious and passive gamers have spent real-world money to purchase in-game items and upgrades to enhance their gaming experience, with little or nothing to show for their money spent, aside from increasing the revenue of game development companies.

The Revolution

The integration of NFTs and blockchain technology in gaming has brought a revolutionary aspect to the industry…the game has officially changed!

The ability to prove ownership of intangible assets through the use of NFT technology and utilizing crypto as game currencies open a whole world of breakthrough opportunities to monetize and reward gamers for their participation and skills.

To further extend the lucrative opportunities available through the play-to-earn model, gaming enthusiasts and investors are able to collaborate through guild sponsorships and scholarships. This provides an ease of entry for gamers to start playing and earning.

Gaming for a living is now a reality!

Overwhelming Opportunities

With new blockchain-based games launched every day, driven by market hype and innovation, gamers have an abundance of play-to-earn opportunities to choose from. Although the opportunities are a good thing, with games, tokens and NFTs strewn across the blockchain ecosystem, it isn’t easy to participate in multiple games, decide which games to start playing or how to most effectively utilize and put your NFT game assets to work… until now.

Enter Spintop Network.

Spintop Network

Spintop Network is an exclusively gaming-focused platform that allows its community to play games and trade game assets, utilizing a shared economy along with tools that give developers, gamers and investors the ability to participate and experience the full value of blockchain gaming.

The Solution

As a next-generation gaming hub, Spintop Network will combine four key products with the power of Web 3.0 technology and social networks to offer a comprehensive experience, along with robust industry solutions.

Gamepedia

Gamepedia will be a gamified hub that’s designed to gather the scattered blockchain gaming ecosystems and gaming communities together in a community-driven guide, with a focus on UI/UX and the social aspects of gaming.

Gamers will be able to read detailed articles and analyses, follow peer reviews, access game and project websites and shortcuts to other Spintop products if projects are featured on the platform.

As Gamepedia is developed, users will be able to navigate the blockchain gaming ecosystem with ease through trailers and screenshots of games and also earn rewards for their contributions.

Gamepedia will allow users to browse games based on genres, development statuses, smart chains, ratings, market cap and token price.

Spindex

As a game-focused DeFi hub, Spindex will enable users to exchange/farm cryptocurrencies and NFTs, while providing both users and partners with, DeFi as a Service and yield farming and staking functions while prioritizing its farms to blockchain gaming projects.

Through the Spindex in-game exchange wallet, users will be able to seamlessly swap game tokens on one convenient platform. Players will also be able to use $SPIN (Spintop Network’s native token) to play any game that utilizes Spindex, with the protocol automatically swapping $SPIN to the required token via the dex liquidity pool.

Guild Maker

The Guild Maker will connect game asset owners and scholars while acting in a social capacity across multiple guilds.

Owners will have the option of committing their NFTs to guild vaults as Sponsors, allowing scholars access to needed game assets.This will lower the barrier to entry for scholars, while owners will benefit from their assets being utilized in the play-to-earn ecosystem, getting a portion of the scholars’ earnings from their NFTs.

Through Guild Maker, Spintop will create an environment that will allow sponsors and scholars to mutually benefit from a healthy play-to-earn economy. With the option of private and public guilds, a strategic game asset lending platform and carefully designed, comprehensive NFT and scholar rating systems, Spintop will allow NFT owners and scholars to maximize the potential of any game assets’ earning opportunities.

NFT Marketplace

Spintop’s NFT Marketplace will be the center point where guilds and scholars will connect, providing a platform for lending, buying and selling NFT game assets. NFTs listed for sale will have a displayed price at which bidding will start.

Token

The $SPIN token is Spintop Network’s ecosystem currency and is a vital part of the platform’s functions.

Participants will be able to stake $SPIN in the Spindex pools or participate in the platform’s yield farms to earn more $SPIN.

The token will also be required to create a profile and apply for scholarships, mint NFTs and create guilds.

$SPIN will feature a deflationary mechanism, with a portion of platform transactions being burned. In cases like guild or profile creation, 100 percent of the transaction will be burned.

Governance

The Spintop team is committed to a DAO governance model, where the Spintop community will be able to participate in decision-making and propose changes to the platform.

IGO Facts

Let’s take a look at Spintop Network’s IGO details and how SFUND token holders can buy $SPIN tokens on the Seedify Launchpad before they’re listed on the public market.

  • Name: $SPIN
  • Token Type: BEP-20
  • Total supply: 1 000 000 000
  • Initial Mcap: $265 700
  • Listing price: $0.01
  • IGO Date: December 1
  • Allocation: $300K (including 5% success fee)
  • IGO Price: $0.01
  • Vesting: 20% at TGE, then 20% monthly

To learn more about Spintop, please check out the following links:

How to buy and join an IGO

First time participating in an IGO? You can learn more about what an IGO is; HERE.

In summary: Blockchain game projects can realize the initial offerings of their tokens on the Seedify platform. This enables blockchain game project owners to enjoy the advantages of the Seedify platform, while investors are able to access and invest in projects without any middleman.

First of all, you need to complete your KYC (Know Your Customer) process. Here, you can find a comprehensive guide for each and every step of the KYC verification process. After completing your KYC, follow this link.

Restricted countries (for KYC): Afghanistan, Burundi, Bosnia and Herzegovina, Belarus, Central African, China, Republic of the Congo, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Libya, Somalia, Serbia, United States, Venezuela, British Virgin Islands, Yemen, Zimbabwe.

About Seedify

Seedify is a blockchain gaming-focused incubator and launchpad ecosystem, empowering innovators and project developers through access to funding, community and partnership building and a full support system to help drive the future of gaming and blockchain.

To learn more, please visit the links below:

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