Why Datify matters


  • Datify is the first DeFi project incubated by a European bank, furthering the vision of Decentralized and Centralized Finance merging.

  • Datify was originally a self-funded project from 2017, backed by it’s founders.

  • Datify is focused on a different belief – fairness. This can be seen in the distribution of the DFY unit supply which is allocated entirely to $DAFI token holders.

  • The Datify DeFi protocol adjusts it’s supply fairly, everyday, in response to the market demand. This flexible-supply maintains your % holding, and introduces the ability to mint using $DAFI tokens.

Scarce

Bitcoin & Gold maintain your % of the entire supply, always.

Inflation-resistant

By adjusting the supply in response to demand, Datify splits DFY’s to target semi-stability at $1.00.

Hybrid

Datify is a new economy, which distributes the flexible-supply units entirely to the public. Introducing a hybrid of scarcity and shock-resistance.

Datify (dat-if-i)


Flexible-supply

Designed to be less correlated to the market by adjusting the supply everyday.

Staking

$DAFI tokens can be locked to mint DFY’s.

Fair

An economy run by the people. DFY’s entire 100% supply will be distributed to the public.

The major problem


Central-banks are printing money at unseen rates. Effectively, diluting everyone.

This has created demand for Decentralized Finance (DeFi), with $15b of value estimated to be locked in 2020.

Today, there is no supply-adjusting economy, with it’s token entirely decentralized for the public.

DAFI Token Sale

DAFI tokens are staked to mint DFY’s. The entire DFY supply is distributed to DAFI token holders during the upcoming genesis event.

You can sign up for the waiting list below.


Token Name :

DAFI

Total Supply :

2,250,000,000

Tokens For Sale :

787.500,000 (35%)

Price :

TBD (~$0.02)

Soft Cap :

$ 1.5m USD

Hard Cap :

$ 9m USD

Accepted Cryptocurrencies :

ETH, BTC, USD, EUR

Distribution :

Distributed after listing

The $DFY economy


Bitcoin and Gold have a fixed supply. If you own a % of this supply, it cannot be changed. However, this makes it difficult to adjust to changes in demand (e.g. Bitcoin’s volatility).

Fiat currencies (e.g. EUR) are unfixed, but you are constantly losing a share of the supply (inflation).

A combination of the two would create a DeFi protocol, which changes in supply, but does this proportionally. i.e. If you hold 1% of the supply, you will always have 1% of the supply, even if the quantity in your wallet changes everyday.

$DFY is a decentralized, flexible-supply token. DFY is designed to be less correlated to Bitcoin, and aims to stabilize at $1.00. This is achieved through a price-oracle, inflation factor, and supply-adjustment every 24h.

$DFY is built with trust, transparency and fairness – three traits which are often missing.

  • $DFY is 100% allocated to the public ($DAFI holders)

  • Maintains your % holding while adjusting supply

  • Also, DFY is backed by real collateral in the genesis event

The people’s economy.

Roadmap


  • 2017

    Datify was concepted

  • 2018

    First data-analytics product (BP) development & adoption

  • 2019

  • Q1 2019

    Initial Datify Blockchain MVP development

  • Q2 2019

    Roadshow events across APAC (inc. S Korea)

  • Q3 2019

    Key partnerships, and NatWest bank incubation

  • Q4 2019

    Datify MVP code accessible

  • 2020

  • Q1 2020

    Datify branding changes

  • Q2 2020

    Strategic partnerships confirmed privately

  • Q3 2020

    DFY stable-testnet development

  • Q4 2020

    Public sale for DAFI

  • 2021

  • Q1 2021

    DFY genesis event & distribution to DAFI holders

  • Q2 2021

    Minting DFY’s with DAFI tokens

  • Q3 2021

    DFY governance & protocol decisions

  • Q4 2021

    Further DFY stability measures added

  • 2022

  • Q1 2022

    Additional flexible-supply tokens made available

  • Q2 2022

    DFY adoption approaches for mainstream usage & minting

Become part of Datify

Frequently Asked Questions


Datify is built with 3 principles. Sound-economics, transparency and fairness. It is these 3 themes that can be seen across the entire project.

Datify was a self-funded project from 2017, which later became the first DeFi project backed by a CeFi bank. It is the vision of a flexible-supply economy, for the people, which makes Datify well-positioned in today’s global uncertainty.

Datify is a shock-resistant, flexible-supply protocol, which adjusts the supply of DFY units to match the demand everyday. Datify uses DAFI tokens as a collateral token, which is locked during the minting of DFY’s.

DFY’s are unique, as the amount in every user’s wallet changes daily. This is done proportionally while still maintaining the % holding each user has. The distribution of DFY’s is allocated entirely to DAFI holders. For a decentralized, shock-resistant economic tool to succeed, we believe it should be entirely in the hands of the public.

The broader vision of Datify is to bridge centralized and decentralized finance together, breaking the adoption barrier to DeFi, and creating a dual-token model, designed to be less correlated to Bitcoin.

When the world went into darkness due to COVID, global economies faced a near-heart attack. This meant that central banks printed out billions to ‘fix’ this.

Why is this bad? Well, in June 2020 alone, the US printed more than $864 Billion out of thin-air. This is more fiat created than from 1776 until 1979 (over two centuries).

Perhaps, this is the pin to the giant fiat-bubble, which could have catastrophic effects on the world. While Bitcoin is an alternative, it functions more like Gold due to it’s supply properties.

All of these factors, make a supply-dynamic economy, with it’s transacting unit decentralized across the public, even more interesting. Datify’s market potential is realised more everyday, building a new economy on top of the old, flawed system.

Zain came from a background of analysing foreign currency markets, after being published on sites like Tradingview. He transitioned into Cryptocurrency design and was an early investor in pioneer-DeFi projects including Havven (Synthetix). Zain has presented at most of the major-blockchain events across the world, and was the youngest world congress event speaker. He co-founded a data analytics software (BP) in 2018, which was made free to use during the COVID-19 pandemic. Zain is also a major football fan, and enjoys green tea.

Ahmed is PhD candidate at the University of Manchester, and the notable Alec Green award holder as well as the Johnson & Johnson prize winner.

Together, they believe in creating a fair, shock-resistant economy for the people.

DAFI tokens will be available to everyone in October/November 2020.

It’s recommended that you sign up for the waiting list here.

You should join the Datify social media – it’s a great place to wait for upcoming announcements

Datify is already in talks with several exchanges. The listing will occur directly after the DAFI token sale.

Since 2017, Datify has been focusing on development, growth and partners. For more questions, say hello in the Datify telegram or twitter.

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