SEEDGerminator germinates to assist developers of Tron Foundation 22804
News
Madhurima Roy
Sep 11, 2018 at 4:58 PM

Tron, a project dedicated to the establishment of a truly decentralized internet, announced the introduction of Sesameseed’s DApp SEEDGerminator, which will serve as a technology accelerator, on Monday.

The story of SEEDGerminator helping Tron

Discussions about SEEDGerminator started in June, while the official launch took place last week. The final official confirmation by Tron Foundation came in yesterday.

So, what is this SEEDGerminator? SEEDGerminator is an accelerator for developers, who are seeking to create debts, tokens and technology on the decentralized network. Proposals that need guidelines, will be made available to be voted on by the community.

SEEDGerminator functions as a crowdsource venture capital programme, where projects are granted access to 10% of the Tron node rewards, produced by SesammeSeeds through community voting.

This will be beneficial to the seed holders, and projects will be helped in terms of using the developed tokens to participate in projects at special rates. The projects, in turn, can make impactful difference to the network, by helping it grow.

“It can be looked at as a crowd-sourced venture capital program where the projects get access to the 10% TRON node rewards that are produced by SesameSeeds through the process of community voting. The projects that have a potential to provide community rewards (like airdrops and early access) end up winning and are then invested in by the organization,” a source reportedly explained.

“The organization ensures that community-desired projects are fast-tracked onto the TRON network," the source further added.

 

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