Planting Seeds
How to bootstrap a project like SEEDS ?
Today, more than 3,000 people have visited the Passport and created an account.
The value of a currency is based on trust and number of people who are using the currency.
It is required about 100,000 people for a currency to gain value ( it is a personnal observation) Of course, if someone famous like Greta Thunberg, the Dalai Lama or Bill Gates says : « I just bought some Seeds ! » the currency gets immediatly some value.
People like you and me have to stack some Seeds to show other people that you trust the system, this is called planting Seeds. On a technical point of view, the tokens are locked in an escrow account on the blockchain.
Initial investor usually get rewarded for their participation, so If you plant Seeds, you will get some 30 % additional Seeds at harvest time. This is described in details in the « Game of Seeds ».
https://docs.google.com/document/d/1C4w9Ol8VGabCIcQDVPDrwcTRoJXBqhrb7VjslwQbUGU/edit
A very important document describing the rules of the community.
Harvest time
When enough people have join the movement and the number of transactions are increasing and the value of Seeds reach ~USD 1, then the Seeds citizens will declare the beginning of « Harvest time ». Organizations with a lot of transctions with different people will get a part of the benefits from the community : the harvest.
SEEDS FAQ:
- https://hive.blog/hive-196396/@chrisaiki/helping-new-members-to-understand-the-seeds-ecosystem
- https://hive.blog/hive-155462/@chrisaiki/the-seeds-onboarding-process
- https://hive.blog/hive-155462/@chrisaiki/how-and-why-is-telos-different-from-other-blockchains
- https://hive.blog/hive-155462/@chrisaiki/what-are-the-different-ways-to-receive-seeds-when-you-are-new-to-seeds-as-a-visitor
If you have a question about Seeds, feel free to ask it in the replies below.
This is so exciting to read! Understanding why I should plant my Seeds and how it supports the community is even more exciting. Thank you 💚
I just received my first Seeds - thanks to the lovely Earth Generators and their donation campaign. I cannot wait to dive into the learning journey in regenerative finance. For now I’ve planted 50 Seeds. And can I just say how good it feels to plant Seeds 🌱
Interesting thoughts for building the internal economy of any society:))
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By the way, your motto is the same as that of me
"There is no way to happiness, happiness is the way"
And this is mine and it is also on my blog:
There is no way to happiness. Happiness is the way!