There’s so much progress going on behind the scenes! Catch up with what the Seedling team has been up to this past week, and read about the future plans for our platform.
I. Updates
The AssetFi sale was a great success!
The results are in:
79 Seedling users joined the $AFI IDO today.
Of these 19 were Seedlers, and 14 were Investors.
These two tiers had the first 20 minutes to invest.
At 15:20, Enthusiasts were allowed to invest, and invest they did! 33 Enthusiasts joined the AssetFi IDO and in a matter of seconds purchased all remaining available tokens.
Everyone is able to review their awarded allocation on the AssetFi section of Seedling. The AssetFi team will be notified and will take charge of the $AFI distribution at TGE according to their distribution schedule.
Let me now take a moment to address a few comments of disconcert with the tier system and the perhaps unfavorable terms of allocation of the IDO today:
Seedling is a young platform, and we are learning along with you, as we go. We have a dedicated team that spends their working days making the user experience of launchpad participants as positive as possible. You can rest assured that with every new IDO, we will continue learning and applying these experiences to improve future IDOs.With that caveat in place, I would like to remind you to be civil in our shared chats. Nobody is out to get you, and the system is not “rigged against you.”
Holding SDLN tokens gives you the unique opportunity to participate in the IDO of highly vetted projects hand picked by the Seedling team. The point of SDLN is that there is some correspondence between how much you hold and the level of access you enjoy when using the Seedling platform. Intuitively, the more you hold, the better the advantages including early or exclusive access to sales and larger allocations.
We attempt to balance this with a novel tier calculation system that also accounts for token distribution and holding time among other variables. The math works, and we’re very proud of it.
We now need to learn how to apply it in considerations of timing and allocation, given external constraints such as how many tokens are made available to the Seedling launchpad by the projects launching.
This is a journey, and it’s a pleasure to have you join us. We will have countless IDOs over the next weeks and months, and each will be markedly better than the last. Stick with us, and you’ll see!
— Margaret, Seedling Project Lead
II. Upcoming IDOs
Cherry Labs is going full throttle. Overwhelmed by the response, their original Cherry Farms initiative got renamed into Cherry Cartel which is now developing into a full on investment DAO. As their team is working to making this a reality, they have reassured us Seedling will be the launchpad of choice should they ever wish to create and sell a membership token or NFT.
Cherish: The Creators Network
It’s nearly here guys. They will launch their private sale tomorrow. Their dApp MVP should be out by the end of the weekend. We expect to onboard them on Seedling within 2 weeks. We are considering different options for their sale, including reserving a discounted but more exclusive allocation for our Seedler and Investors, and then a larger supply of tokens for all other tiers, thus guaranteeing ample supply for everyone and avoiding the issues encountered with $AFI. We will keep the community updated.
You can expect Cherish’s listing on Seedling to happen within one week from today. Information about their project is currently being assembled by their team and we’ll likely host an AMA so that our community can learn about Cherish first hand. Keep an eye on our socials for Cherish, our confirmed next IDO.
III. Projects Under Review
OPSYA: The Crypto Insurance, by investors for investors
Website : https://www.opsya.org
Documentation : https://docs.opsya.org
Dapp : https://app.opsya.finance
Incubated by Cherry Labs ❌
FlutterSwap: the first DEX on BTA-Chain
Website: https://flutterswap.finance/
Twitter: https://twitter.com/flutterswap
Smart Contract Audit: https://www.tech-audit.org/_files/ugd/5ed437_29853f9d13af4036a0d9d97a45955330.pdf
Incubated by Cherry Labs ❌
AmpleSwap: AMM DEX on BSC
Website: https://ampleswap.com/
Twitter: https://twitter.com/ampleswap
Documentation: https://docs.ampleswap.com/
Blog: https://ampleswap.medium.com/
Github: https://github.com/ampleswap
Incubated by Cherry Labs ❌
Onimeta: The Future of the Metaverse
Website: https://onimeta.org/
Twitter: https://twitter.com/OnimetaOfficial
Whitepaper: https://secureservercdn.net/160.153.137.218/e3c.a84.myftpupload.com/wp-content/uploads/2022/01/Onimeta_Whitepaper_V1.0.pdf
Blog: https://ampleswap.medium.com/
Audit: https://secureservercdn.net/160.153.137.218/e3c.a84.myftpupload.com/wp-content/uploads/2022/01/OniMeta_0x8cFcF618725ed33B2F699ee3DE6cc84B66c1832E.pdf
Github: https://github.com/OniMeta
Incubated by Cherry Labs ❌
IV. Conclusion
Users should look forward to an exciting future with Seedling. Token holders can expect improvements such as tier delegation and great incentives and advantages such as early access deals.
Make sure to follow the moves taking place in the Cherry Ecosystem overall. We expect a considerable volume of IDOs going through Seedling over the next weeks and months. We secured favorable conditions and early access thanks to our partnerships with Luben Capital, Cherry Labs, and Spherelink.
Follow us
Join our Telegram channel for more information and to keep up to date with Seedling: https://t.me/seedling_cm
The Announcements for the private and public campaigns will be on our public Telegram channel above and our Announcement channel: https://t.me/seedlingnews
Follow us on Twitter: https://twitter.com/SeedlingCM
Follow our Medium: https://seedling-cm.medium.com/
Discord: https://discord.seedling.cm
Website: https://seedling.cm
