PART 1: Introducing SuperFarm

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SuperFarm

5 min readJan 19, 2021

One of the biggest challenges for any cryptocurrency project is creating tangible utility for their underlying tokens and assets. As we’ve all seen over the years, many projects launch without a product and with tokens that have no actual use case. There are often extended periods between the token sale and actual product delivery. Speculators on these tokens have historically had two limited options — hold or sell.

DeFi has recently introduced a third option with farming; however most projects rely on the premise of “stake project tokens and receive more project tokens.” This inflationary mechanism often has a negative effect on the overall token economy, introducing additional tokens into the ecosystem along with the associated selling pressure.

But what if there was another option?

This is why we built SuperFarm.

SuperFarm is a cross-chain DeFi protocol designed to bring utility to any token by turning it into an NFT farm with no code required. With an innovative suite of visual tools, any project can now deploy the world’s most exciting new farm with custom rules that incentivize the behaviors they value most. It’s easy to reward liquidity providers, incentivize longer stakes or even provide special access to your project’s services through NFTs with utility.

SuperFarm provides a simple set of building blocks that can empower any project to add new utility to their tokens and connect to mainstream products.

A Universal Home for Farming

SuperFarm revolutionizes DeFi and NFT infrastructure by providing a home for NFT Farming mixed with crypto-to-crypto farming on a platform that is as easy to use as Uber. Easily set up farms, deploy new tokens and NFTs and sell through your own custom marketplace.

SuperFarm combines the most important features in NFT infrastructure in one platform with a user experience generations ahead of existing platforms.

NFTs will bring crypto’s first billion users

Most people in the world are neither financially literate nor avid investors. This means that the current landscape of crypto products and services largely fails to appeal to the majority of the world population. By contrast, NFTs are versatile instruments that can easily be infused into products with true widespread appeal. The most obvious of which is video games.

The most immediate mainstream use case for nonfungible tokens is within video games.

There are 2.6 Billion Gamers Worldwide
Gamers spend $180B+ each year on digital assets (largely cosmetic)
Gamers are tech-savvy and hyperconnected
Average Age is 32 (an exact match with crypto holders)

source: Statista

With a global audience of billions of gamers, coupled with hundreds of billions in market activity each year, this tech-savvy demographic would be a transformative addition to the crypto community. Video games will be the vehicle to take cryptocurrency mainstream.

“So if video games are such a perfect fit for NFTs why haven’t we seen a flood of video games and developers?”

The Innovator’s Dilemma

Currently, the video game industry is dominated by a model where users simply rent the license to use in-game assets. They do not truly own them.

Existing “AAA” game studios are not motivated to implement blockchain and cryptocurrency due to the genuine threats that true item ownership presents to their revenues. If gamers can trade amongst themselves, the second-hand market can undercut sales. Thus major studios are not rushing to experiment with blockchain in gaming. What’s left is startups and indie game studios, who have enough friction coming to market that new tech is often not a top priority.

Blockchain gaming faces a classic innovator’s dilemma that has left the industry struggling to find any quality products.

Utility First

SuperFarm provides a bridge between current crypto ecosystems and the explosive gaming industry.

NFTs from SuperFarm and official “Partner Farms” will gain utility within real AAA video games. With NFTs from SuperFarm, users will be able to access limited edition items and experiences within video games, and truly use and trade their assets in exciting new digital worlds. In this way, NFTs are no longer pixels on a screen, but hold power to unlock unique digital experiences.

Most NFT projects have the “build it and they will come” mindset. Assuming that others will use their tools to create meaningful products. We don’t think this is prudent, as assuming someone will build an amazing game on your tech is like wishing you win the lottery.

By building true utility before infrastructure, SuperFarm will break the mold for prior NFT projects and present a path for existing and future project to truly flourish.

SUPER Token

The SUPER Token will play a vital role in the SuperFarm ecosystem allowing for a wide array of uses, from governance to fees and beyond. Critically, SUPER token will provide access to some of the most exciting opportunities in the crypto space through the SUPERVERSE, Partner Video Games and NFT Drops.

Discoverability as a feature

During the years spent creating SuperFarm something beautiful happened. I grew the EllioTrades community to hundreds of thousands of members, and it is now considered the leading altcoin community in the world. The means that as projects use the SuperFarm platform, our community can offer something that no other project can: discoverability.

The EllioTrades community boasts over 200,000 members across YouTube, Twitter and Telegram. Our extended network includes the most wide-reaching crypto content creators, with access to over 1M crypto users globally.

Discoverability is a key feature of SuperFarm and a differentiator between it and other platforms. We do more than simply allowing users to launch NFT and crypto farms; we provide the tools and community necessary for them to thrive.