Seedify.fund
SFUND
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Seedify.fund (SFUND) is undergoing a major transition and legacy token deprecation following a severe security breach. On September 23, 2025, a DPRK-linked exploit compromised developer private keys, resulting in unauthorized minting across cross-chain bridges and at least $1.2 million in drained liquidity, causing a 60% to 99% price crash ('On September 23, 2025, at approximately 12:05 UTC, an attacker linked to a DPRK-affiliated group... compromised a Seedify developer's private keys. Using these credentials, the attacker modified bridge settings and minted unauthorized SFUND tokens... Confirmed losses are at least $1.2 million'). This qualifying red-flag event severely damaged token liquidity and market confidence. In response, the team initiated a token migration requiring legacy SFUND to be burned. Consequently, Community Support scored -1.0 due to insufficient data for the legacy asset during migration, and its weight was redistributed across remaining categories. Although the team remains active with post-incident remediation and product launches, legacy SFUND is deprecated and illiquid.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Seedify.fund (SFUND)
Seedify.fund (SFUND) is a deprecated token undergoing a migration process following a major security exploit in September 2025. Seedify.fund was established as a Web3 incubator and launchpad platform natively deployed on BNB Smart Chain, with bridged deployments on Ethereum, Arbitrum, Avalanche, and Base. Founded by Ismail Hakki, the protocol was designed to provide tier-based access to initial DEX offerings (IDOs), decentralized autonomous organization (DAO) governance for project funding allocations, and staking rewards derived from incubated projects, operating with a fixed supply cap of 100,000,000 tokens.
On September 23, 2025, the protocol experienced a severe security breach when an attacker linked to a DPRK-affiliated group compromised developer private keys. The attacker altered cross-chain bridge configurations to mint unauthorized SFUND tokens on Avalanche and bridged them across Ethereum, Arbitrum, and Base to drain liquidity pools, resulting in confirmed losses of at least $1.2 million. The unauthorized minting and liquidity drain triggered an intraday price crash between 59.8% and 99%, subsequent exchange delistings, and an overall drawdown of approximately 99.8% from the token's all-time high of $16.77.
Following the incident, the development team announced a token migration plan under which pre-exploit holders must burn legacy SFUND tokens to claim new allocations, excluding post-hack purchases made on secondary chains. While the team has continued development—deploying updated staking contracts, introducing bonding-curve fundraising, and launching prediction-market features—the legacy SFUND token is deprecated, heavily illiquid, and no longer maintains an active community footprint.