Getseeds Token (GSD Token): Blockchain Social Rewards Coin?
The vision of the developers of Getseeds is to create a platform where talented people can be paid while they express their ideas. Besides that, they will encourage charity, innovation, and talent so that users can come up with the best content for the world.
What is Getseeds?
Getseeds is a new type of crypto that operates via the Ethereum blockchain. The tokens will be utilized on the Seeders Dapp. This is a new type of system that is based on Proof of Creativity and Activity. The SeedersBlock will be the first blockchain-based smart contract to facilitate creativity. Not only have the developers come up with a new way to interact with social media but a new way to interact with the blockchain as well.
Who Are the Seeders?
The Seeders platform is a decentralized platform that is powered by the Ethereum blockchain. This blockchain is going to reward artists, bloggers, and other creative people. The user-base will also be rewarded for simply using the platform to display their content.
In the crypto world, this is the first time anyone is being rewarded for simply being creative. The Seeders social media platform has been designed as a tool to build a growing community, which will encourage members to add value to the community via a built-in rewards structure. Users will be rewarded via the Getseeds tokens.
The Current Issue With Social Media
The existing social media platforms are usually centralized. One person usually owns all the content from users. Besides that, there are concerns about data security and privacy on social media. In fact, users have no say in how the content they provide is utilized. Right now, if you use social media, there is a server sending your data across continents with little or no regard for what you think.
There is also the fact that most people on social media do not earn anything from their presence there. For instance, if you refer someone to social media, you are not rewarded for your effort. Additionally, when you share content or media files on social media, there is no reward.
The creators of Getseeds believe that the creators of social media should not be the only ones that benefit from it. Getseeds has the mission of ensuring that everyone who uses social media, is rewarded.
The Seeders Solution
Seeders will allow users to post content in the form of text, videos, images, and even audio. Its two main features are the built crypto reward system and the marketplace. The Getseeds can be exchanged for services and goods on this marketplace. This platform will be quite useful to the unbanked and underbanked. They will be able to receive the Getseeds tokens, which they can use for financial transactions.
The IHO Details
Instead of holding an ICO, the developers opted for an Initial Harvest Offering. This is where contributors to the network are rewarded for their contributions to the network. However, you can still donate money to the platform.
There will be 100 billion GSD tokens that will be distributed via several airdrops. The tokens will be based on the ERC 20 standards. Airdrops for the tokens started on April 2, 2018.