Similar to bougify, this is a verb meaning to make something fancier or bougie. It can be used in any variety of contexts. It is especially used in contexts where something is (typically) not fancy at all, but you want to make it fancy, hence, fancify (make it better, elegant, or improve something).
I would like to fancify my kitchen. It's so bland and boring. I think it screams poor and ghetto, if you ask me.
I want to fancify to my hair to a platinum silver color, perhaps with some ombre.
Have you ever tried fancifying the way you write or speak? It might do wonders! Some say using the verb fancify fancifies your speech itself!
Let me fancify this project so it doesn't seem like I did it last minute and procrastinated on it. I know my Professor will appreciate it.
The process of using more words in an essay to up the word count.
Jared: Did you finish that essay?
Mike: Yeah I'm just fancifying it to meet the word minimum.