TRON Foundation announces Release of SEEDgerminator
In a recent tweet, TRON Foundation announced that Sesameseed’s SEEDgerminator has been launched the last week.
— TRON Foundation (@Tronfoundation) September 9, 2018
Sesameseed is a community-built organization which is highly transparent in distributing 80 percent of TRX reward to the members of the community who vote.
SEEDgenerator is an accelerator for developers who wish to create DApps, tokens, and technology on the TRON network. Proposals that the developers submit (and meet the guidelines) are made available to the community to be cast votes upon.
It can be looked at as a crowd-sourced venture capital program where the projects get access to the 10 percent TRON node rewards that are produced by Sesameseed 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.
Projects may offer a range of benefits to the seed holders such as a chance to use their tokens to participate in projects at rather exclusive rates. Those projects which are funded and utilized by the community have more potential to grow the network in a way that is not only healthy but also sustainable. The organization ensures that community-desired projects are fast-tracked onto the TRON network.
The details about SEEDgerminator had been published more than a month back on June 21st, but the release itself happened last week. In the Medium blog, Sesameseed discusses the utility of the new program for various stakeholders. This is what the program means for the TRON Foundation:
“A sustainable and effective investment strategy, driven by the Tron community to fast track projects that will utilize the Tron network.”
For the developers, this is what the program means:
“Access to the Sesameseed developer fund and a platform to campaign projects to the Tron community that will utilize them. Approved projects may propose to seek additional community investment in the form of SEED tokens, directly from Sesameseed members.”
This is what the program means for the community:
“Sesameseed members may vote monthly on the use of the Sesameseed developer fund. Funded projects will be encouraged to engage with members through airdrop’s, early access programs, etc. Community members may choose to investment further in projects utilizing earned SEED tokens.”
For Sesameseed itself, this is what the program means:
“Sesameseed will seek to obtain equity or other benefits in the projects it funds to sustain community growth, and improve the Tron Network.”
The developers and projects interested in getting funding can always contact the team at email@example.com.
The whole network is growing constantly, and so are its Super Representatives. uTorrent is back with a new app called uTorrent Web which a product designer from the team, Cory Keller, explains as:
“uTorrent Web is a browser-based torrent client that we’re developing—right now just for Windows, but we have Mac plans in works. You can search for and play from torrent files or magnet links while they download without having to leave your browser and dig through your files or other apps. Even though you can play stuff near instantly, as it downloads, it saves every file locally for you to use as you please—and you can download any file type, media or not, to a folder of your choice.”
He then addressed the security issues by saying:
“We also understand the threat of malware and open internet and one cool thing that we’ve done with uTorrent Web is to partner with Adaware—a security company that makes a browser extension for Chrome and Opera called Browser Safety. When you search for a torrent, the extension pops into action. It scans the search results for malware and prevents potentially harmful sites from ever loading into your browser. By having the results load into the extension, just click play on the link of your choice and uTorrent Web would download the torrent and play it without you ever having to visit a single website.”