Indie.fun

Indie.fun is a community-driven fundraising and project launchpad built on Solana. It targets independent developers — primarily game makers, but the platform is open to any project type — and lets them raise capital directly from players and supporters through token sales, bypassing traditional investors and gatekeepers. Solana's official account has highlighted indie.fun as a key piece of the ecosystem's gaming and creator infrastructure.

The platform was developed by the Moddio team. Moddio is an optional no-code multiplayer game engine with built-in Web3 support, but indie.fun does not require creators to use it: projects built with Unity, Unreal, or any other tech stack are welcome.

How the Fundraise Works

A creator begins by submitting a project and configuring it through a structured dashboard. The setup covers seven areas: general project information, media uploads (video, screenshots), social links (X, Discord, Telegram), token parameters, whitelist management, community notifications, and a leaderboard connection via bountyhunt.fun for competitions and bounties.

The core fundraising unit is a token that the creator defines before launch. Indie.fun positions these tokens as in-project currency — analogous to Robux on Roblox — meaning they carry utility inside the product from day one, rather than being purely speculative assets. Backers purchase tokens to support a project early; developers receive the capital while backers hold a stake in the project's economy.

Campaigns have a hard deadline of 30 days from public launch. If the project fails to hit its funding goal within that window, backers can return their tokens to reclaim SOL. This refund mechanism gives backers a meaningful floor of protection and aligns incentives for creators to build genuine community demand before launch.

Token Configuration and Standards

When setting up a token, creators choose between two Solana token standards: the original SPL token, which provides straightforward fungible-token functionality, and Token-2022, which supports additional programmability for more complex economies.

The allocation framework requires creators to define the percentage distribution across three categories: personal allocation (capped at a maximum of 80%), liquidity reserves, and backer distributions. The corresponding split of raised SOL is structured in parallel, covering the creator's direct proceeds, the liquidity pool seeding, and a fixed 10% platform fee that indie.fun deducts from a successful raise.

At campaign graduation — when the fundraise closes successfully — 33.3% of the raised SOL is automatically deployed as initial liquidity on Raydium, Solana's primary AMM-based decentralized exchange. This gives the token an immediate trading market without any further action from the creator.

Liquidity pool configuration offers two modes. "Burn and Earn" locks the liquidity permanently and routes trading fee income back to the creator and indie.fun. "Burn Liquidity" also locks permanently but forgoes fee sharing. Trading fees on the pool range from 0.25% to 4%, split as: 20% to Meteora (the concentrated liquidity protocol handling the AMM mechanics), 40% to the project creator, and 40% to indie.fun.

Oversubscription Handling

When a campaign raises more than its target, indie.fun handles the excess automatically through pro-rata allocation rather than a first-come, first-served model. Every backer receives tokens proportional to their share of the total contributions relative to the goal. Excess SOL is refunded once the campaign closes.

As an example from the documentation: a campaign targeting 500 SOL that receives 1,000 SOL operates at 2x oversubscription. A backer who contributed 100 SOL receives tokens for 50 SOL and gets the remaining 50 SOL refunded automatically.

Creators can incentivize early commitments through a bonus system. Whitelist participants can receive a percentage bonus on their token allocation — for example, a VIP tier at +10% or a general whitelist at +5%. Referral bonuses through unique links are also available. Bonuses stack but are capped at a total of 10%.

Fee Structure

Indie.fun's fees are documented explicitly in the platform's public documentation:

• Project submission: 0.02 SOL plus Solana account creation fees of approximately 0.009 SOL
• Backer contribution fee: 1.5% added on top of each backing amount
• Trading fee on each buy or sell: 1% of the transaction value, paid in SOL
• Platform success fee: 10% of raised SOL on campaign graduation, which includes the Raydium LP creation cost

The platform states it does not charge fees beyond those listed, though third-party interfaces that integrate with indie.fun may apply their own costs.

Verification and Trust

Indie.fun offers an optional verification badge — displayed as a yellow checkmark on a project's listing — to reduce impersonation risk. Verification requires the creator to message the @indiedotfun account from the project's linked Twitter profile and complete a video call. The badge confirms that an identifiable person controls the project's social presence, but the platform is explicit that it does not assess the project's merit, risk level, or likelihood of delivery. Backers are expected to conduct their own research.

Ecosystem Fit

Indie.fun integrates tightly with Raydium for post-graduation liquidity and with Meteora for concentrated liquidity pool fee distribution. The bountyhunt.fun integration adds a competitive layer through leaderboards tied to game and project milestones, which can supplement the core fundraise with ongoing community engagement.

As of late 2025, indie.fun expanded its scope beyond gaming with a Solana-based Prediction Markets Hackathon, offering prizes for builders creating prediction market applications on Solana. Prize funds from that event are added directly as a fundraising round on indie.fun, and winning teams receive advisory support — signaling that the platform intends to serve a wider range of on-chain applications beyond games alone.

No public smart contract audit documentation was identified at the time of writing. The platform operates without a native token of its own; all fundraising occurs through per-project tokens created by individual teams on Solana.