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.
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