RazrFi, formerly SolRazr, is the first AI-driven multichain launchpad that allows projects to launch their tokens across various blockchain networks. RazrFi's IDO platform utilizes AI-driven solutions to assist users in making well-informed choices and backing early-phase web3 initiatives.

As of May 2023, the platform has helped 18 projects raise more than $12 million in funding from over 100,000 participants. The platform supports IDOs across leading blockchain networks, including Solana, Arbitrum, Aptos, Sui, Ethereum, BNB Chain, and all EVM chains.

The project was initially called SolRazr, a launchpad exclusively focused on supporting Solana-based projects. In March 2023, it rebranded to RazrFi, offering Ai-powered services, such as a query engine, whitelist for IDOs, and more.

SOLR is the native token of the RazrFi launchpad. It is used for participating in the platforms fundraising initiatives and staking.

RazrFi offers the following benefits for crypto projects looking to raise funds by supporting private and public fundraising efforts on its platform. The launchpad offers custom smart contracts to help projects raise funds from multiple routes, including VCs, token distribution, public sales, NFTs, etc.

RazrFis highly skilled team can also offer technical assistance to projects, especially those building on Solana. In addition, the platform also guides projects and their founders on legal concerns surrounding their fundraising efforts.

Projects can leverage RazrFis expertise in maximizing their exposure to relevant communities on preferred social channels. This way, they can enjoy the highest possible engagement levels with the crypto community.

RazrFis platform also empowers crypto projects with extensive go-to-market support. Marketing plans, continuous support for content, AMAs, and more, ensure higher levels of preparedness by launch.

RazrFi, initially called SolRazr, was founded by Vijay Kalangi and Sreekanth Kalapur. The platforms original goal was to develop and expand the dApp ecosystem on Solana by functioning as a launchpad and accelerator and providing developer tools.

In September 2021, the team raised $1.5 million in seed funding from several participants. Key investors in the project include Moonrock Capital, Ascensive Assets, and Morningstar Ventures. Other participants in this round include Genesis Block Ventures (GBV), Divergence, Genblock Capital, and angel investors such as Frax Finances Sam Kazemian, CREAMs Leo Cheng, Santiago R Santos, and Chris McCann.

In December 2021, the platform supported the IDO of Chingari (GARI), which became the largest IDO of its time. The project raised $4 million in funding within 15 minutes and $12.3 million in 24 hours.

In March 2023, SolRazr announced its expansion into becoming a multichain launchpad for projects powered by artificial intelligence (AI). This step saw the platform get rebranded from SolRazr to RazrFi, and expand beyond supporting Solana-based projects to all EVM blockchains.

RazrFi is an attractive investment if you believe in the potential of launchpads and the growth of multichain crypto projects. As a formerly established project within the Solana ecosystem, RazrFis plans to expand to support projects across other EVM ecosystems offer significant potential for growth in its value.

The RazrFi price could experience an uptrend as more projects leverage its platform to conduct their IDOs and launch in the market. The rising demand for web3 projects across Solana, Ethereum, and other EVM-compatible networks could drive higher on-chain activity on the RazrFi launchpad, supporting the SOLR token price.

The price of SOLR could also rise as investor demand for AI-based crypto projects climbs higher. As a launchpad leveraging the power of AI, RazrFi stands apart from other launchpads in the crypto sector and could see its value increase as AI becomes more popular.

While it is not feasible to provide a precise SOLR price prediction for any time frame, the protocol's strong fundamentals indicate a potential future increase in the value of RazrFi. Here are some of the critical factors:

Level of On-chain Activity

As the number of users participating in IDOs and fundraising initiatives on RazrFi grows, the heightened on-chain activity may boost the value of SOLR crypto. This increase could also be fueled by the addition of support for more crypto projects on the RazrFi platform or its expansion to other blockchain networks in the future.

Future Developments

When RazrFi's developers add new features or services that make its platform more attractive, investor confidence in it is boosted. This could also drive more projects to launch their fundraising efforts on RazrFi, supporting the price of SOLR crypto.

Favorable Investor Outlook

A favorable perspective on decentralized finance services encourages investment activities on RazrFi, bolstering the SOLR price statistics. Conversely, adverse market developments may deter launchpad users, decreasing demand for the SOLR token. As a result, this could undermine the value of RazrFi cryptocurrency.

The SOLR token powers the RazrFi launchpad and has the following uses:

Utility Token

$SOLR is required to participate in the RazrFi launchpad. Token holders enjoy allocations to private and curated pools and can invest in upcoming projects listed on the platform.

Staking

$SOLR can be staked on RazrFi to earn RAZR tokens. Staking SOLR lets RazrFi users join IDOs and earn rewards for participating on the platform.

Crypto Asset to Trade and HODL

You can trade RazrFi crypto against other digital currencies, stablecoins, and traditional currencies to optimize your portfolios worth. Additionally, if you have faith in the long-term prospects of the RazrFi protocol, you can choose to hold SOLR for an extended period. As a potential investor, we recommend conducting further research before making investment decisions.

Heres how you can stake SOLR to participate in IDOs on RazrFi and earn rewards:

1. Connect your Solana wallet to the RazrFi platform. You can use Phantom or Solrflare wallet for this purpose.

2. Visit the Staking section of the RazrFi website after connecting and funding your wallet. Buy SOLR on the BYDFi Spot Market or other supported platforms and withdraw your tokens to your wallet to fund it before proceeding with staking.

3. Enter the number of SOLR tokens you wish to stake. Do note that you need to stake a minimum of 100 SOLR tokens.

4. Confirm the transaction using your wallet.

5. Sit back, earn staking rewards, and grow your crypto portfolio by staking SOLR on RazrFi.

$RAZR is a mystery token that offers additional rewards to users who stake $SOLR on RazrFi. You can earn RAZR tokens by staking SOLR on the platform or participating in IDOs on RazrFi.

$RAZR is the incentive token earned as a reward for staking SOLR. Participation rewards can also be earned when you join IDOs on the launchpad.

The rewards in RAZR tokens are issued once every month, based on your staking activity and whether you have participated in any IDO for one month before the distribution date.