
SuperFarm
A cross-chain DeFi protocol designed to bring utility to any token by turning it into an NFT farm with no code required.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor | €0.0 | round |
* | $1.2m | Early VC | |
Total Funding | 000k |
Related Content
SuperFarm is a cross-chain decentralized finance (DeFi) protocol launched in 2021 by founder and CEO Elliot Wainman. Wainman, a prominent crypto influencer known as EllioTrades, leveraged his background in creating educational gaming apps and his deep insights into the crypto market to establish the platform. He envisioned a bridge between the crypto ecosystem and the mainstream gaming industry, which led to the creation of SuperFarm. The project secured $1.1 million in an initial private funding round from investors including Bitcoin.com and Animoca Brands.
The company operates in the non-fungible token (NFT) and DeFi sectors, providing a suite of tools that allow users, including those without coding knowledge, to create, deploy, and manage NFT farms. This positions SuperFarm as a business-to-consumer (B2C) and business-to-business (B2B) platform, serving individual creators, crypto projects, and game developers. Its business model centers on the utility of its native token, SUPER. Revenue-generating activities include platform fees paid in SUPER for using features, a requirement for projects to stake a significant amount of SUPER to create their own farms, and participation in exclusive NFT drops.
The core of SuperFarm's offering is a platform designed to simplify the creation and add utility to NFTs. Its key feature is "NFT farming," where users can stake cryptocurrencies to earn exclusive NFTs, which can then be used within AAA video games. This mechanism is intended to provide tangible value and experiences tied to digital collectibles. The platform provides a user-friendly interface for setting up farms with customized rules, an NFT launchpad called "Superstarter" for Initial DEX Offerings (IDOs), and eventually, a full-scale marketplace for trading and auctioning NFTs. The entire ecosystem, which includes its partners and integrated games, is referred to as the SUPERVERSE. The SUPER token is integral to the platform, used for governance votes, staking rewards, paying fees, and accessing exclusive NFT drops.
Keywords: SuperFarm, Elliot Wainman, NFT farming, cross-chain DeFi, SUPER token, NFT marketplace, crypto gaming, Superverse, NFT launchpad, decentralized finance, digital collectibles, play-to-earn, blockchain gaming, token utility, staking rewards, EllioTrades, NFT creation, crypto farms, IDO platform, gamefi, Web3 gaming, SUPER tokenomics, NFT utility, Animoca Brands, digital assets