Tron (TRX) Launches SEEDGerminator - Its Crowdfunding Platform - Tron News. Tuesday, September 18
Tron Cryptocurrency News
Tron (TRX) launches SEEDGerminator, its crowdfunding platform
It is aimed to fund blockchain-related projects in development for the Tron network
Tron (TRX) has reportedly launched an Indiegogo-like platform to incentivize development and improvement of technological innovations focused solely on its own network. The crowdfunding platform – named SEEDGerminator – will help developers to get the necessary money to kick start their projects, thus contributing to the growth of the Tronix ecosystem.
“#SEEDGerminator is LIVE! Go to http://seedgerminator.sesameseed.org now to see the crowdsourced platform and the announcement of our first two projects: Poppy, and Eggies. Learn more about SEEDGerminator: https://youtu.be/b4k8Wo73ggI @justinsuntron @Tronfoundation #TRON #TRX #Blockchain #Crypto” says the announcement made via a tweet.
The concept is quite simple: developers – whether individual or in group – will be able to submit their proposals to the platform. These can be related to distributed apps (dApps), tokens and other interesting technologies that could add more value to the network. Users, on the other hand, will be the ones to decide which of those projects would contribute to the growth of Tron by donating SEED tokens to the proposal of their like, with the possibility of earning some rewards in tokens in the process.
These SEED tokens will be the currency of the SEEDGenerator platform, and according to the team behind it – a group of Tron supporters going by the name Sesameseed – this token will be pegged 1:1 to TRX. Worth to mention, this is the same group who developed the Seedit protocol, which allows for sending and receiving TRX via Twitter and Telegram.
It was also known that, as developers get the green light for their projects, they could also ask for additional funding by some of the members of Sesameseed.
While the SEEDGenerator was promised by Tron to be released on June 21, it was ultimately delayed to last week – probably for tuning up final details. This is considered to be a milestone for the Tron Foundation, for they have high expectations on the success of this investment strategy that will boost the development of more dApps and other technological innovations, adding some real value to the 13th largest blockchain platform by market capitalization.
Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.
Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither jury.online nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from jury.online. We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don't actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.
You may also like
Tron TRX Soaring Despite Bearish Market, Up By 4%
Tron Surges By 7% Following The Launch Of BitTorrent (BTT) Token
Tron Ends The Week With A 23% Price Spike
Tron Price: TRX Soars By 10% As $100 Million Blockchain Gaming Fund Is Announced
Tron Price Analysis And Prediction: Time To Make The Best Of The Last Two Months Of 2018
Tron’s participation in BitTorrent hackathon sparked interest in blockchain - Tron (TRX) News
You need to login to create comments.