Published: Jul 14, 2023

deFarm (DEF)

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deFarm (Decentralize Farms) is about decentralization & socialization of the investment. Invest together for the better.

Whitepaper

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Updated: Jul 14, 2023

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Medium

3/5 • 1 votes

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Ticker

DEF

Type

Utility-token

FoundedVietnam

Registration year2023

What is deFarm

With deFarm, users can:

Become a fund manager, crowdfunding your trading ideas, or investment funds. Users can manage and execute their own funds on-chain through our DEX partners. Of course, you will earn performance fees from investors along the way.
Become an investor, browse and participate in the best trading ideas and investment managers/funds.
Invest in NFTs in a risk-reducing manner with friends and communities.

In addition to the three main points stated above, users can do all of those embracing the beauties of decentralization. In other words, everything is executed on-chain and under non-custodial methodology, which means your assets should be safe with you and us. And with our resources, we promise a UX-friendly application.

All in all, our platform is all about decentralization and socialization in investment. With these mottos in mind, we aim to create an efficient Creator Economy platform and a futuristic user experience.

deFarm Roadmap

Phase 1: Base Layers Construction (Q4/2022-Q2/2024)

During the first phase, deFarm's focus is on establishing the platform infrastructure, especially on the aspects of:

Social Layer integration. Complete UX/UI Features
Single Farm and Seasonal Farm on testnet and mainnet.
NFT Vaults on testnet and mainnet.
Treasury and Staking on mainnet.
Strategic rounds finished.
Token Launch.

This phase is the key period where the deFarm team touches upon our core products, with a view to providing users with the smoothest experience of our platform. Our key mission is to complete the framework for our products with the consideration of the expansibility of deFarm's platform. Key features and products will be introduced in this phase and be open-tested before the launch of the mainnet and the token.

The first phase is expected to last for 4 to 6 quarters, starting from the end of 2022.

Phase 2: Business Expansion (Q2/2024-Q4/2025)

During the second phase, deFarm will complete and adjust the compatibility as well as the performance of products developed in the first phase. Development of new features is also involved. However, during this phase, deFarm's key focus is on the expansion of our business and user base. Social features will also get more focus in this phase, along with the mobile dApp.

The key goal in this phase includes:

The accumulated volume across platforms reached $2 Billions.
Daily Average Volume of Farms reached $3 Millions.
Daily Average Users reached 10,000.
Mobile Apps available on Android and iOS.

Phase 2 is expected to last for six quarters right after the closure. The development period is subject to change for the better, depending on a lot of factors.

Phase 3: Self-Sustaining/New Features Integration

During the third phase, due to the fact that all of the deFarm's core features have been finished and are ready for mass adoption, our focus would shift towards:

Integrating new features that are designed to attract and retain users, such as gamification, social networking, or personalized recommendations.
Developing new revenue streams that can help deFarm become self-sustaining.

All in all, during the phase 3 deFarm has set our goal of becoming an Open platform, enabling endless possibilities for users.