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Briefly our vision and goals
Why do we do this?
We create products that we ourselves would like to use every day.
We have been studying the market for a long time, we have worked with DeFi and NFT projects a lot and we see that the industry development comes down to thoughtless copying of ideas and smart contracts of each other.
Project owners do not have any motivation to create worthy and high-quality products due to extensive, explosive growth of the DeFi market (decentralized applications) and related cryptocurrency areas.
We want to break this vicious circle and become a standard of a high-quality crypto project, raise the level of education and understanding of DeFi, NFT, GameFi, SocialFi, and make decentralized finance services accessible and understandable to the masses.
We believe that the higher the quality of the projects will be, the more transparent and honest they are, the more civilized and accessible the cryptocurrency market will become in general.
Our goals
We want to become a safe harbor for users in the blockchain market working as a useful, profitable, safe and community-oriented project
Become the No. 1 GameFi and EduFi project, an example for others, have a positive effect on the development of the modern global cryptocurrency market
We want to take part in the general trend for cryptocurrency adoption and legalization, to facilitate the spreading of blockchain and its popularization among the world's population by providing safe, simple and reliable services.
How do we want to achieve this?
We do not make any technological revolutions or try to invent a new “perpetuum mobile”. We endeavor to use the existing technologies and best practices, adapting and improving them for the rapidly changing cryptocurrency market with the help of a professional team and partners. So, only in the process of continuous self-improvement we will create high-quality products with solid reputation.
How do we measure our success?
We measure it by common indicators:
number of game and DeFi users
number of events held in the project by partners and users (Airdrops, Tournaments, Educational Videos)
price of the 8F token and trade volumes on the DEX
one of the most experienced tokenomics teams, conducted a detailed mathematical analysis of 8F Sync project's token.
At a nutshell, the report confirms that 8F Sync has a well-thought-out and resistant to market fluctuations tokenomics model.
8F is the native hyper-deflationary, governance and utility token of the project.
This is a limited token issued at 100% of the maximum amount of 888,888,888 pcs.
Blockchain, DeFi, smart contracts, NFT, play & study-to-earn, farming, staking... What do these terms have in common? They are the synonyms of a new era of financial and creative freedom.
8F Sync aims to be the guide that provides access to the Crypto World and make blockchain and decentralized finance technologies available for everyone.
Your voyage to the Cryptocurrency World will be safe, easy, interesting and profitable with us.
Dex - a decentralized cryptocurrency exchanger where users can easily swap one cryptocurrency for another. 8F Sync swap will be synchronized with the Dexs of our partners with large TVLs to find the best exchange rates for our users. 8F Sync Dex charges a fee of 1% for each transaction without the 8F token involved, and 1% for each transaction involving the 8F token.
Why do we charge fees?
For the long-term safety and stability of the project's economy, to continually burn tokens of the project and increase their value. Without commissions, any project could easily turn into a scam. We plan to be one of the best and strongest players on the market in the long term period, so we charge such commissions.
Farming. In order for a Dex to work properly, it needs the funds to swap one cryptocurrency for another - these funds are called Liquidity. Farmers are the people who provide liquidity. They are rewarded in tokens of our project - 8F.
Staking at 8F Sync is temporary locking assets for a reward in 8F tokens. Users can withdraw their funds from staking at any time.
6% of all project tokens will be divided within 24 months between users who stake their NFTs
Guaranteed yield - 30% per annum in project tokens (not in value, but in tokens - if user puts in staking NFT with 100 tokens inside of it for 1 year, at the end of the year they will receive a minimum of 30 tokens, i.e. at least 30%)
A limited number of users can take part: at the same time, up to 10% of all project coins can be staked = 88,888,888.8 tokens. This is the only way we can provide a yield of 30% in tokens
Fixed lockup terms: 3, 6, 9, 12, 18 or 24 months
When NFT is staked, all NFT utility functions remain active
Some of our advantages over competitors:
With 8F Sync users do not have to spend a penny to take their firtst steps in Web3
Users need zero knowledge in crypto (they even dont need a crypto wallet)
Users don't need to spend time learning how to play Snake for Crypto - everyone is familiar with the game from childhood. And it is available available on Android, iOS and Web (browsers). Later we will develop more simple games
It is entertaining - they get knowledge of crypto and Web3 in an entertaining way and they receive rewards (in real crypto or the game's virtual currency) for diving deep into crypto
They can earn crypto and meet new projects by taking part in Airdrops, Tournaments, etc. So, our game is a marketing platform for other projects
When someone runs Airdrops/Tournaments in the game, of course they advertise their event to get more participants, so, this way we get free traffic and users to the game
If projects run Airdrops inside our game, they will get only real users into their social accounts, because bots can not play our games, and success in the events depends also on the level and skills of each snake. Later we will ask suspicious users to pass Face Liveliness Recognition
We have an elaborate and sustainable tokenomics model, clear revenue streams and a win-win-win model for users, partners and platform
We are here to onboard the next billion users in crypto and educate them to make their path smooth and safe.
To reach these goals we provide high-quality services in the field of education (EduFi), marketing, entertainment (GameFi) and decentralized finance (DeFi), developed for mutually beneficial cooperation of 8F Sync with users and business partners.
Closed testing – internal audit
We make the inner team of testers and auditors inspect the quality of work code as purely as possible to make sure that there are no backdoors.
High requirements for the team professionalism
We engage only reputable teams of developers with relevant work experience.
Peer Review
We invite DeFi, cryptography and blockchain professionals and experts, to review the changes being made. Each update must be reviewed by an independent expert to exclude design errors.
Closed user testing of new functions
Any user can be a member of an independent group of testers and be the first to get access to tested, new project features. All the identified malfunctions will be fairly paid from the Bug Bounty Fund.
The Bug Bounty Fund is used to reward a team of testers and independent hackers for identified vulnerabilities, errors in code mechanics and inefficiencies, program code errors of one of the project's modules.
We offer from 10 USD in $8F for a detected typo in the text on the site, up to 1,000,000 USD in $8F for critical errors threatening the project's existence.
Open Source orientation
We are for top transparency of our project, including our code transparency. We use proven Open Source developments and also actively share our innovations on Open Source sites for public independent audit and testing, copying and distribution of high-quality ideas and code.
No migration code
We choose secure DeFi! Funds for staking and farming will always belong to you. We have no migration code: no one will be able to withdraw funds from the account except the user.
Timelock for changing
All the changes related to a smart contract go through a 72 hours timelock before entry into effect. Timelock countdown begins after the code has already passed an internal audit, external auditor's check, and has been tested together with the test team. Only after that, at the last stage the update code becomes open for public verification. Within the 72 hours timelock anyone will have the opportunity to verify the safety and reliability of the code and timely report potential problems to us and the community.
We help users enter Web3 by playing simple games
8F AI is an educational platform with simple games that helps everyone easily take their first steps in the Crypto World for free, without any risks, and in a joyful way.
8F Sync is also a marketing platform - we help Web3 (and other) projects attract new users and entertain their current communities by providing abilities to run Airdrops, Tournaments and Educational videos with Quizzes about their projects in the Games.
This way we solve the vital problem that the blockchain faces – low pace of mass adoption. People are afraid of entering Crypto: they do not want to risk even several dollars, do not want to spend some time to learn about crypto (it seems like a puzzle, too complicated), people don't want to take any risks (they are even afraid of the words “crypto wallet”).
Next steps for the users
What are the next steps for the users after improving their Snakes to the maximum, winning dozens of Tournaments and Airdrops, buying all the features, watching all the Educational videos, and getting rewards there?
They should try to apply their newly acquired knowledge to our basic services or the services of our partners. Some of our services - DEX, Staking, Farming:
Staking
– for beginners, staking tokens will be one of the first DeFi experiences. For those who believe in the success of our project and HODL 8F, it is a good way to get even more 8F tokens over time.
Dex
- a decentralized cryptocurrency exchange where users can easily swap one cryptocurrency for another. It will be the second experience of newcomers in DeFi, and farming will be the third one because it requires more manual operations.
Farming
– any swap needs liquidity to operate and farmers are the ones, who provide the liquidity. For providing liquidity, farmers get rewarded in tokens of our project
We have created a system for a sustainable growth of the token price
8F Sync is running on the BNB Chain, which is the most popular Chain among gamers. Max. circulating supply of 8F tokens is 888 888 888 pcs. They are 100% pre-minted, it is impossible to mint new tokens.
8F Sync tokenomics is stated as one of the most hyper-deflationary on the market. It has 20+ token price growth incentives. Some of them are listed below.
Reduction of circulation 8F:
20% of all the non-fiat revenue is used to buyback and burn 8F tokens 🔥
1% transaction fee - each 8F token transaction includes 1% fee that is being immediately burned
NFT Staking with a fixed min. yield of 30% to increase the period for 8F coins purchased in the Seed and Private Sale rounds to enter circulation
Stimulation of demand for 8F:
Our partners who want to attract users to their projects and increase their brand awareness (via Airdrops, Tournaments, Educational videos) should reward users for taking tasks with 8F tokens (and with their tokens if they wish)
To take part in special Tournaments with huge prize pools users will have to purchase tickets for 8F tokens and improve their snakes (spend 8F tokens for it) to increase their chances to win
NFT Staking. Users may wrap 8F tokens into NFTs to get access to NFT Staking with a fixed min. yield of 30%. If they want to unwrap 8F tokens, it will take them some time
8F Staking and Farming pools on our platform with good yields.
Users need 8F to buy unique items in the game’s Marketplace: skins, features, boosters
Snake evolution - to improve their snakes and earn even more tokens on the playing fields users have to spend 8F tokens
To become active members of the community and gain access to the closed chats, users must hold a certain amount of tokens in their wallets
8F is a governance token. To take part in votes users should have tokens, 1 token = 1 vote
Stimulating demand by market activity:
Partnerships with strong projects to hold events for them (Airdrops, Tournaments, Educational videos) and attract new users into their projects, increase their brands awareness. And reward our users who take part in their activities. Our partners pay for rewards, rewards in our 8F tokens and their tokens if they wish
Partnerships with non-crypto projects that may attract users and reward them with their certificates and promo-codes (and our tokens, of course). User targeting by region and other parameters will be available in 8F Sync, this is attractive for our partners
Listings on the Top Centralized Exchanges
Trading competitions
Promotional staking events on CEXs
Active marketing campaigns (including outdoor)
Fair Referral system
Creating decentralized networks of local 8F Synccommunities under the leadership of our ambassadors
Regular Tournaments and Contests aiming to attracting new active users
Spreading 8F Sync to other blockchains
THIS IS AN IMPORTANT DOCUMENT. PLEASE READ IT CAREFULLY.
These Terms of Use constitute the terms and conditions of the website. The Terms of Use will govern your use of the website, and you should therefore take some time to read this document carefully.
1.1. These Terms of Use regulate the business activity of Eight Solutions, a company registered by the address: #88 Avtomshenebeli st., „Hualing Free Industrial Zone", Kutaisi, 4600, Georgia(hereafter referred to as "8F Sync", "Ourselves", the "Website", "We", and "Us", “Company”, “Eight Finance”) refers to "8F Sync" (the "Website").
1.2. These Terms of Use regulate the activities of the Company and the User of the Services (hereinafter referred to as: "Client", "You", "Yours", the "Customer" and/or the "User").
1.3. Access to the service by the User is made by visiting the 8F Sync website to either use the Service or otherwise to learn more about the Company and its services. By using the Service provided on the Website, the User acknowledges and accepts the Terms of Use hereafter described.
1.4. The User should read and accept the Terms of Use outlined on this page prior to using the Services provided by the Website. The User is not allowed to use the Service provided by 8F Sync unless he accepts the Terms of Use as outlined.
1.5. If any provision of this Terms of Use is held unenforceable by a court of competent jurisdiction, that provision shall be severed and shall not affect the validity or enforceability of the remaining provisions.
1.6. IMPORTANT NOTICE ACCESSING, PURCHASING OR USING THE WEBSITE MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS AND USERS ACTIVITIES MAY BE SUBJECT TO LEGAL INVESTMENT LAWS AND REGULATIONS OR REVIEW OR REGULATION BY CERTAIN AUTHORITIES. IN PARTICULAR, THE APP IS NOT A REGISTERED EXCHANGE UNDER SECTION 6 OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934 OR AN ALTERNATIVE TRADING SYSTEM APPROVED BY THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE "SEC") FOR THE PURPOSES OF SEC REGULATION ATS ON REQUIREMENTS FOR ALTERNATIVE TRADING SYSTEMS ("REGULATION ATS") AND IS NOT EXEMPT FROM THE REQUIREMENTS OF REGULATION ATS. IN ADDITION, THE APP HAS NOT BEEN OR WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT") OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES. CONSEQUENTLY, THE APP MAY NOT BE ACCESSED OR USED BY OR OTHERWISE OFFERED, SOLD, DELIVERED OR TRANSFERRED WITHIN THE UNITED STATES OR TO OR FOR THE ACCOUNT OR BENEFIT OF ANY U.S. PERSONS AS SUCH TERMS ARE DEFINED INREGULATIONS UNDER THE SECURITIES ACT OR TO ANY U.S. CITIZENS (AS DEFINED IN 8 U.S.C. SUBCHAPTER III) OR ANY U.S. PERSONS (AS DEFINED IN 17 C.F.R S230.902(K). PRIOR TO ACCESSING, PURCHASING OR USING THE APP, YOU MUST INFORM YOURSELF OF AND OBSERVE ANY RESTRICTIONS APPLICABLE TO YOU. A FAILURE TO COMPLY WITH APPLICABLE RESTRICTIONS MAY CONSTITUTE A VIOLATION BY YOU OF THE LAWS AND REGULATIONS IN YOUR JURISDICTION.
2.1. By using the Website and/or the Service provided by 8F Sync, the User hereby agrees to the Terms of Use of 8F Sync as outlined on this page. The User acknowledges that the Company and its affiliations, or 8F Sync may adapt these Terms of Use whenever and wherever they see fit. If you continue to use 8F Sync service after we post changes to these Terms of Use, you are signifying your acceptance of the new terms.
2.2. The User acknowledges that the Company may restrict User access to the Website in the form of service termination or service suspension, or otherwise the prohibition of the User from entering the Website or accessing any contents of the Website. The User acknowledges that the Company may restrict access should the Company and its affiliations, or 8F Sync reasonable perceive that the User is in violations of the Terms of Use or Privacy Policy found on the Website.
2.3. Upon customer's request, the 8F Sync account can be deleted. However any associated published content will remain on the site. We believe that once an content was published, it becomes part of the communal knowledge and should stay that way. This policy prevents users from keeping only their best content public, thus keeping everyone honest with themselves and gives others confidence in the public reputation.
2.4. You agree that 8F Sync may, without prior notice, immediately terminate, limit your access to or suspend your 8F Sync account, any associated e-mail address, and access to the 8F Sync Services. Cause for such termination, limitation of access or suspension shall include, but not be limited to:
2.4.1. Breaches or violations of the Terms of Use or other incorporated agreements or guidelines.
2.4.2. Requests by law enforcement or other government agencies.
2.4.3. Discontinuance or material modification to the 8F Sync Services (or any part thereof).
2.4.4. Unexpected technical or security issues or problems.
2.4.5. Extended periods of inactivity.
2.4.6. Engagement by you in fraudulent or illegal activities.
2.5 You agree that all terminations, limitations of access and suspensions for cause shall be made in 8F Sync's sole discretion and that 8F Sync shall not be liable to you or any third party for any termination of your account, any associated e-mail address, or access to the 8F Sync Services.
2.6. The Company and the User, separately, may sometimes be referred to as the “Party” and jointly as the “Parties” in the following agreement.
2.7. You confirm that you are able to read in English and that your level of English is sufficient to understand the meaning of the terms contained in the English version of the Terms and the Execution-Only Mandate Agreement as well as all the commitments, warranties, waivers and obligations contained in the English version of these Terms and the Execution-Only Mandate Agreement applicable to you. You hereby consent that you will not hold the Company liable for any losses or damages which result from the lack of understanding of these Terms.
It is the program run by 8F Sync project to find and fix vulnerabilities, and to improve (test) its security. Whoever finds the threats to security gets a reward from the project.
The maximum reward pool for the Bug Bounty program will be stated later.
Bug Bounty program will be launched on one of the trusted third-party bug bounty hunters platform.
1.1. This Privacy Policy constitutes a part of 8F Sync TOU. The terms used in this Privacy Policy shall have the same meanings as in the TOU except as otherwise provided herein.
1.2. This Privacy Policy explains how 8F Sync Operators collect, use, process, disclose, share, transfer, and protect personal information obtained through 8F Sync and its partners from user (hereinafter referred to as: "8F AI", "Ourselves", the "Website", "We", and "Us", “Company”, “Eight Finance”) refers to "8F AI" (the "Website") and 8F AI Operators. When we ask for certain personal information from users, it is because we are required by applicable laws or government orders to collect such information or it is relevant for our specified purposes.
1.3. When visiting 8F Sync , regardless of whether or not you register for or log in the 8F Sync Services, you acknowledge, understand, and consent to all articles described in this Privacy Policy. We will not use your personal information for any purpose not covered in this Privacy Policy or the TOU (including any other business rules of 8F Sync ) without prior notification to you and your consent.
1.4. When you interact with our Website, we may collect the following categories of personal information. Information You Provide to Us. Registration and Your Information. If you want to use certain features of the Website, you will have to create an Interface (“Account”) using your email address. You may also receive an invitation to proceed with the registration via the email used to register an Interface.
It is important that you provide us with accurate, complete and up-to-date information for your Interface and you agree to update such information to keep it accurate, complete and up-to-date. If you don’t, we might have to suspend or terminate your Interface. You agree that you won’t disclose your Interface password to anyone, and you’ll notify us immediately of any unauthorized use of your Interface. You’re responsible for all activities that occur under your Interface, whether or not you know about them. Communications with Us. We collect personal information from you such as email address, phone number, or mailing address when you request information about our Services, register for our newsletter, or otherwise communicate with us. Interactive Features. We may offer interactive features such as forums, blogs, chat and messaging services, and social media pages. We and others who use our Services may collect the information you submit or make available through these interactive features. Any content you provide on the public sections of these features will be considered “public” and is not subject to the privacy protections referenced herein. By using these interactive features, you assume the risk that the personal information provided by you may be viewed and used by third parties for their own purposes. Information Collected Automatically.
Collecting feedback
Feedback and constant communication with our dear users is a very important energy source that allows us to be in the process of non-stop development and self-improvement. We really appreciate the opinions and ideas that you share and we are even willing to pay for them.
Surveys of our customers about the topicality and relevance of the introduced features, collecting feedback during and after functions testing, collecting ideas for possible improvements - all this helps us to become the best in the market.
Our referral program with simple and clear terms and rewards system aims to enlarge the project community and attract more active users
How to participate?
When you create an account in 8F Sync dApp or Snake for Crypto, you automatically get a code you can share with everyone. When they create account they can fill it in the "Referral code" field, and this way become your referrals
Rewards - what do I get for inviting users?
Until the full launch of the project you will get 10 8F tokens for each referral who uses your code and reaches level 3 in the game. They will also get 10 tokens if they use your code when they reach level 3 in the game.
Until the full launch of the project you can not withdraw, transfer or sell 8F tokens. But may use them in the marketplace, tournaments and other in-game activities.
After the full launch of the project you will have opportunity to withdraw 8F tokens, the vesting periods will be similar to the terms of the Public Sale(15% at TGE, 85% - next 6 months). Minimum withdrawal amount will be 1 token.
Once the platform is fully launched, we plan to give our referral program participants the rewards described below
The cryptocurrency industry is inherently risky
We see the following risks during the project launch phase:
the policies of government agencies developing a framework to regulate cryptocurrencies
market fluctuations and unpredictability(if the prices of BTC or Ethereum dramatically fall or some "black swan" event happens, it may impact all the crypto projects)
software glitches - for example, in the blockchain (BNB Chain, Polygon Chain)
collusion acts by big players
hacker attacks
bugs in the code and critical vulnerabilities
unfair competition
FUD regarding the cryptocurrency market and the project in particular
other risks that are not mentioned here
In order to minimize the risks for our clients, we:
obtained approval from independent auditors
developed a reward program for those who find vulnerabilities in tokenomics and smart contracts of the project
reserve the right to make minor modifications to the tokenomics to make it more balanced after the launch of the project
educate our users
diversified sources of revenue (we plan to offer our services not only to crypto projects)
created a replenishable Treasury and will run the Investment activities in future
develop support services and communicate with our community 24/7.