TRON (TRX) Crowdfunding Platform SEEDGerminator to Rival Kickstarter and Indiegogo
TRON Crowdfunding Platform SEEDGerminator Released
TRON is pretty much leading the crypto community in launching new products, with multiple platforms and updates being launched on a weekly basis. They developed a crowdfunding platform which was launched recently.
The platform is similar to websites such as Kickstarter and Indiegogo, except that it involves the creation of specific distributed apps and general contributions to the Tronix ecosystem. The platform is aptly named SEEDGerminator and aims to be a catalyst towards the growth of the decentralized web. It allows teams of developers to submit proposals for dApps, tokens, and technology.
#SEEDGerminator is LIVE!
Go to https://t.co/eRQJWIliYw now to see the crowdsourced platform and the announcement of our first two projects: Poppy, and Eggies.
— Sesameseed (@SesameseedOrg) September 15, 2018
SEEDGerminator is powered by Sesameseed, a group that earned hundreds of millions of votes from the Tron community to become a super representative and helps power the network. When Tron holders vote for Sesameseed, they earn a small percentage of SEED tokens in return. Those SEED tokens are used to fund the projects on SEEDGerminator, and are pegged 1:1 to TRX.
Sesameseed is also the team behind the Seedit protocol, which is being used greatly by the Tron community on Twitter to tip other members with tokens. It also allows users to send and receive TRX through Telegram.
How Does It Work?
Simply find the project you are interested in and SEED tokens to its address. This can be done utilizing any Tron wallet including Tronscan.org and even Seedit. Every project carries its own unique set of rewards and benefits. Read through the project you are most interested in to find out exactly what rewards you will get in return.
When a project reaches 100% of its funding Target the community considers it “Approved”. When approved, the SEEDGerminator developer fund will invest its committed amount of SEED tokens into the project as well. However, if the project doesn’t meet its SoftCap target before the funding time period is considered “Not Approved” by the community, and so will not receive SEEDGerminator funding. All invested SEED tokens will be returned to their originating address at this time.