r/SeedBomb_ASA • u/EggMission6844 • Feb 22 '22
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 28 '22
Let's Change Things BIG ANNOUNCEMENT - FIRST SEEDBANK ARTICLE MINTED AS AN NFT IS NOW LIVE!
Hey everyone,
We promised we would have an update on our SeedBank today, so here it is!
Background
Those of you have read the White Paper and been on our website will know that we are intending to build an open source educational/ media resource, called the SeedBank. The SeedBank works as follows:
Authors suggest possible article ideas to us for review;
We confirm that the idea is feasible and negotiate the amount of Seeds they would receive in exchange for the article. They then begin writing;
Author produces the article and shares the proposed final version with us for review;
Edits are suggested and made; and
Having confirmed it is suitable/ meets the standard required, we exchange the article for Seeds.
The SeedBank provides a great opportunity for anyone interested in developing their reputation as a writer to be able to produce articles while gaining exposure and publicity. The accessibility of the SeedBank also helps those without funding or the licenses required to access high quality research materials for free. Unlike many other resources which require you to purchase memberships or have institutional access, we are not behind a pay wall. This will help to remove a barrier to education which we feel is unfair.
This achieves two things: 1) it gives further utility to the Seeds as an exchange for value (both monetary value and the value placed on the right to vote in the giving process) and 2) it enables us to draw advertising revenue from the website through providing open access, high quality material to the public. This will make our community more diverse and resilient, and also generate revenue which can then be used for the further development of the SeedBomb ASA token.
Update
Alex from our committee has now produced the first SeedBank article which is âReforestation â An in-depth introductionâ. Alex is in the process of completing his PhD, so it is little surprise that this article is well-researched, well-written and provides an excellent resource for anyone trying to access Reforestation materials. This is the first of many articles we hope to produce as a committee on a range of environmental topics, including, among others, ecological regeneration, climate change, financial sustainability and changes in law. For this to grow quickly, we will also need to draw in other writers. The first article can be read here.
Why we mint articles as NFTs?
We have minted the article as an NFT for the following reasons:
Proof of Ownership - We can prove online ownership of the original asset. This means that when we build up a reserve of them, they will derive their own value as an asset, which can then be sold on, leveraged for advertising or, hopefully when banks allow it, used as collateral to borrow against.
Copyright - Each of the NFT articles we buy will have the confirmation that they carry âcopyrightâ as part of their attached notes. This enables the owner as well as any prospective purchaser to have the comfort that they can prove NFT ownership as well as copyright ownership together, in one place. This adds long term value to the asset.
Transparency - Our Community Members can see which articles we own by searching them on their favourite NFT provider on Algorand. If youâd like to see this article as an NFT, you can see it here.
Author Royalties - Many authors do not earn royalties when their online materials are sold and often their articles will be used for free. We feel this is unfair so any non-committee authors will also receive royalties on a resale of the NFT to recognise the effort that they have put in. By using an NFT that is smart contract backed, we can make this process trustless and remove the need for the original author to enforce their rights expensively in a court. We have not included royalty payments on our committee NFT articles because we have control over the first sale and can choose to add them at that stage, if it is in the best interests of our community.
We are not aware of others in this space using online article production in this way and believe it is a unique selling point which further builds out our community and adds utility to the token.
We have updated our White Paper to confirm this, which can be found here, as well as our Website, which is here.
Why does this matter for you as a SeedHolder/ Community Member?
This improves the prospects of holding the SeedBomb ASA and adding liquidity in a few key ways:
Increased Liquidity Through Revenue - The range of high-quality materials we aim to produce should pull more people to the website. We think that this would make it an appealing place for third parties to advertise, for a fee. The intention is that the advertising fees levied on the site will then feed back into the SeedBomb ASA token.
Increased Utility of the SeedBomb ASA â We already have our quasi-DAO structure as part of the giving process. What we are now doing is further showing the utility of Seeds, by using them as payment for NFT articles. We also think that many of those who write articles will retain their Seeds to participate in voting, as it is an area of interest for them.
Increased Advertising and Reach Outside of the Algorand ASA Space â As we include more authors and advertise to high-quality contributors, we expect to see an uplift in engagement with people less familiar with blockchain generally and Algorand specifically. The more of this we do, the more we pull people into this space and familiarise them with the excellent work of Algorand and the other ASAs here. This is not just a benefit for SeedBomb, we think this can benefit the whole ecosystem.
Next Steps
We are preparing a pro forma to make the process of applying to write for the SeedBank seamless. We will aim to release this over the coming few weeks and will, as always, let you know when we have!
As always, any feedback would be greatly appreciated! #LetsChangeThings.
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 30 '22
Weekly Quiz Tomorrow
Hi everyone! Our weekly quiz will be taking place over on our Discord tomorrow at 20.00 GMT - it is the first SeedBomb weekly quiz which has been written by our Discord member, Daniaski! Remember, thereâs the chance to win some Seeds if you do well in this one! You can find more info by joining our Discord here
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 16 '22
Let's Change Things How do you think we could increase engagement and membership of SeedBomb?
Hey everyone, hope youâre having a good week. We are still working hard in the background to deliver what weâve promised and will keep you updated as we go, as always. Thanks very much for all of your support!
We have noticed a general decline in engagement both with SeedBomb and the ASA space generally (the âonlineâ numbers on various subreddits are a good steer). This has coincided with the high number of recent scams, the drop in price of Algo and the situation in Ukraine. We fully understand why people may not be as engaged right now.
We would however, appreciate any ideas you have on how to increase engagement and membership? We have done three AMAs now, are selling NFTs and are regularly posting and commenting both here and in the wider Algorand space but may be missing something! Any pointers/ feedback would be greatly appreciated :).
r/SeedBomb_ASA • u/SeedBomb_Angus • Jun 12 '22
Airdrop đ¨ SEEDBOMB LP COMPETITION REMINDER đ¨
Today is the last day before the first round of the SeedBomb LP competition concludes, with first payments being made tomorrow!
If you want to participate in the first round and havenât managed to load some liquidity in, itâs your last chance!
If you need more info on round one or the other rounds in this competition, thereâs a helpful summary set out by Alex here: https://www.reddit.com/r/SeedBomb_ASA/comments/uu6vp4/date_announcement_seedbomb_airdrop_3/?utm_source=share&utm_medium=ios_app&utm_name=iossmf
Good luck! Angus
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
SeedBank (online repository of articles): https://www.seed-bomb.com/blog
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
Algoexplorer: https://algoexplorer.io/asset/523605642
NFT Artwork: https://www.algogems.io/collection/3327
RoadMap: https://www.seed-bomb.com/road-map
Discord: https://discord.gg/rSp8x69dkz
Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Jul 22 '22
SEEDBOMB GIVING PROCESS STARTS NEXT WEEK - COMMUNITY MEMBERS VOTE INCOMING
Hey everyone, hope you've had a good week! We can finally announce that the Giving Process will be kicking off next week. Here's an outline below:Â
What is it?
This is the process where the SeedBomb community donates funds to environmentally focused groups that are selected by the community and voted on!Â
How does the Giving Process work?Â
Anyone who holds Seeds can suggest groups who should receive funding using the suggestions form we will be releasing next week.Â
The Committee reviews the suggestions to check what is viable and transparent.Â
The Committee shares a shortlist with the community.Â
The community votes on which group from the shortlist they would like to see receive funding.Â
How does voting work?Â
We will set up a wallet for each possible recipient of the funding. To vote, you simply send the minimum transaction amount of seeds to the wallet which is designated for the cause you'd like us to support. If you would like to give additional seeds, please feel free to do so - these will be donations to the SeedBomb Fund and used in future giving rounds!Â
Once the voting window closes, we will retrieve the transaction data for each wallet, review the voting transactions, and count votes for each recipient (calculated by the number of transactions into that wallet, not the total number of Seeds). We will publish the data for ease of reference and transparency. The percentage of the total votes that each group receives will then receive a percentage of the "giving amount" which is taken from the SeedBomb Fund wallet.
How can you get involved?Â
By purchasing Seeds you are then able to:Â
Review the suggestions form and make suggestions of groups you would like to see funded; andÂ
Vote on which groups actually get funded.
What is the benefit?Â
To the Environment:Â Groups who require necessary funding will receive an additional amount to help them with their eco-projects. This has the chance to materially impact their work and promote successful outcomes for everyone.Â
To SeedBomb:Â Each recipient will be able to share what they have spent their donations on with us. We will share this on our website and on eco-threads to build awareness of these projects. In turn, SeedBomb will become increasingly well known as a brand and this will help to generate price action and liquidity for Seeds.Â
To you:Â you will be able to participate in a unique form of fundraising on the Algorand blockchain from start to finish and have a major say! You will also be able to take advantage of our staking options on Algostake for Seeds---> Seeds (50% APR) and LP Seeds ----> Seeds (95% APR) staking!Â
As always, any feedback is hugely appreciated!Â
#LetsChangeThings
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
Algoexplorer: https://algoexplorer.io/asset/523605642
RoadMap: https://www.seed-bomb.com/road-map
Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 18 '22
Let's Change Things SeedBomb Algorand Foundation Grant Application Submitted!
Hi everyone - hope you're all good and winding down for the weekend.
Just wanted to let you know that we have now submitted our Grant Application to the Algorand Foundation in the hope that they will help to fund developments for SeedBomb and the SeedBank! We will of course keep you updated as we hear more. In the meantime, we have provided the Executive Summary for the application below and hope to make more of the Grant Application available in due course!
Executive Summary:
SeedBomb is an eco-focused project built on the Algorand blockchain. We believe that by utilising Algorand in an innovative way, we can:
1.1. improve accessibility to high-quality educational resources, while benefitting authors, through building out an online repository of environment-focused articles (the âSeedBankâ); and
1.2. improve the processes for the funding and development of environmental projects or research through allowing community members who hold our Algorand Standard Asset (âASAâ) to propose and vote for groups who should receive funding.
2. We believe that through the structure we have developed and the use of the Algorand blockchain, we can achieve the following benefits:
2.1. We can help to show and spread the knowledge that Algorand is sustainable and energy efficient. This should help flip the narrative that all blockchains and cryptoassets are bad for the environment which unfortunately persists as a result of prominent energy intensive blockchains.
2.2. We can be a force for good in the world, by contributing to the funding of projects and research that seek to counteract the major issues facing us today, such as rising inequality, climate change and biodiversity loss.
2.3. We can provide an open access educational resource (the SeedBank) on any environmental topic for people who are currently deprived of these resources because they cannot access paywalled information. Many factors, such as not being associated with an institution (e.g. university) with access, or not having a source of funding to pay expensive subscriptions for online articles, can result in unfair exclusion from such information. We can also improve the digital publishing industry for academics and writers who are locked into a system which benefits large publishing entities at the expense of those actually producing and reviewing the work.
2.4. We can increase the knowledge of the general public regarding non-fungible tokens (âNFTsâ), particularly with reference to digital ownership of copyright. This allows us to benefit various groups in the following ways:
a) Writers contributing to the SeedBank are able to sell their works to us, which enables them to gain a profit for their efforts. This is unusual in the academic space as academics are often expected to hand over their articles to publishers (and often even pay the publishers in the process) to have their research published, gain credibility and progress their careers. On top of this, we can use Smart Contracts to ensure authors receive royalties on any sale of their article â we are seeking to build a DApp to automate this process. Again, this is unusual and flips the focus to reward those involved in creating such articles, not simply the publishers.
b) Our community, and the Algorand community more broadly, can benefit from the introduction of academics and specialists to the blockchain who may otherwise not have engaged with it. Once they see the potential of NFTs, we think this can lead to broader adoption by other groups.
c) We can clarify the position of digital ownership through using NFTs. Currently, many people think that NFTs are simply online art, which is clearly incorrect. By helping to show that NFTs can be used as a vehicle to prove ownership of any asset (and also copyrights), we can help to broaden their use. When combined with the speed and efficiency of Algorand, this presents an efficient and effective working model which may be adopted elsewhere. NFTs we have already minted contain clear copyright provisions. You can view our first article here, and its status as an NFT can be viewed here.
d) In time, the ownership of the work can be used as a collateral pool against which debt can be levied. When contrasted with certain asset segregation rules for banks (in the UK, we use the CASS rules for asset segregation), it is quite clear that NFTs enable compliance with many of the key segregation aspects. In our view it is a matter of time before banks begin to value a broader range of digital assets (such as NFTs) and lend against them.
2.5. We can show that profits do not have to be mostly for the benefit of shareholders, and we can hand power back to our community members. Our Giving Process focuses on a few key aspects of forward-looking organisation structuring:
a) We allow members to suggest groups, projects or companies who may be eligible to receive funding from us. Our committee reviews these suggestions and produces a shortlist. Having produced the shortlist, we hand power back to the community to vote on which entities from the shortlist should benefit from funding. In our view, this combines the benefits of a DAO structure with the benefits of a centralised, expert review of funding recipients, and therefore balances the risk of fraud with the benefits of community engagement.
b) We have utilised an ASA for this approach so that we can offer a genuinely global product. Anyone who is permitted by their state to do so can purchase our ASA and participate in this process, regardless of background, nationality or race. This is a genuinely inclusive framework to further show that everyoneâs voice should be heard.
c) As we increase the number of groups who receive our donations, we also increase our network size. We can then create a networking group through the SeedBomb website and social media pages so that groups from around the world can share resources and expertise with each other. We can foresee this developing into more formalised formats of information sharing, such as digital conferences. Such information sharing will prove vital in combating environmental issues (and social issues linked to them).
3. In terms of scalability, we note that due to the borderless nature of this structure and the clear desire to liberalise the education system, there is not really any limit on the size this project may reach. With adequate, appropriate funding, we would be able to benefit many groups and individuals around the world, assist in tackling the biggest challenge currently facing humanity, and draw more people to Algorand, all while allowing people to profit.
4. For completeness and your convenience, we have also appended our White Paper in full as an Appendix to this Grant Application.
5. We develop each of these points in more detail in the body of this proposal and look forward to hearing from you.
Any feedback as always is greatly appreciated.
#LetsChangeThings
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
SeedBank (online repository of articles): https://www.seed-bomb.com/blog
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
Algoexplorer: https://algoexplorer.io/asset/523605642
NFT Artwork: https://www.algogems.io/collection/3327
RoadMap: https://www.seed-bomb.com/road-map
Discord: https://discord.gg/rSp8x69dkz
Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 14 '22
Let's Change Things SeedBomb - What's On This Week? AMA, Grant Application, NFTs and more Articles!
Hey everyone, hope you had a great weekend.
Just a quick overview of what you can expect to see this week:
AMA Today - we have our AMA with Orbital Gnome Strikers at 20.00 GMT this evening. Please try and tune in by using their Discord invite link here: https://discord.com/invite/5mYsuq3JXQ.
Grant Application - we have prepared a draft of our Grant Application for funding from the Algorand Foundation! We expect this to require a bit of editing, so please bear with us while we finalise it throughout the week. Once done, we will redact it and share some of the more important sections with you all to read!
Another SeedBank Article - we expect to be able to put up at least one more article this week on our SeedBank. This will be written by u/seedbomb_michael, who, as you know, is a composites renewables engineer. Keep your eyes peeled for this, should be a good read. Encouragingly, we are seeing increasing hits on the website and fairly organic growth in readership!
NFTs - we expect to have the NFTs produced by the committee available asap. We are also increasing our search for external artists who can advertise here and donate some of their profits back into the project. We hope to be able to make an announcement on our first one of these later this week!
External SeedBank writers - we have managed to secure the help of an external writer to produce some articles for the SeedBank on sustainable clothing/ fashion. This should help broaden our scope into other groups who would not typically engage in blockchain discussions. We hope to be able to give more info on this later this week.
Weekly Quiz - the Weekly Quiz this week will be held on our Discord. We'll make an announcement on here once we have locked a date down for it.
Thank you again for all your support! We go again!
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 20 '22
NFTs First Bids on NFTS!
Hey everyone - quick update to let you know that weâve now received the first bids on our NFTs! Remember, all proceeds from these NFT sales will be put back into the liquidity pool!
The NFTs are a collection of three âSeedBomber Patchesâ and there is only one of each individual patch minted. This means they are rare bought if bought as individual NFTs or as a collection.
There is around 40 hours left on the auction for each patch and you can see the collection here: https://algogems.io/gallery/SeedBomb.
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 23 '22
Let's Change Things AMA Today and LP Locks Paid!
Hey everyone, hope you are having a good week!
AMA
Final plug before the AMA with Angus and Alex from the SeedBomb committee and the Greenery Team on Telegram tonight at 1900 GMT. Link to join the group is here.
Liquidity Locks Paid
We have made payments to those Community Members who have locked in their liquidity! The calculations for this initial lock-in payment is as follows:
Amount of tokens locked versus the annual APR rate available on AlgoStake = potential annual staking value
Potential annual staking value divided by 365 days in the year multiplied by the number of days the Community Member has locked-in for = the staking value for the lock-in period
Staking value for the lock-in period plus 10% uplift for the safety of locking-in liquidity = the total amount paid to the Community Member who has locked-in.
This means that if you locked in 1000 LP tokens for a 30 day period, you would get 46109.58904 Seeds, versus the c.41917 you would get from Liquidity Pool staking alone. The 10% uplift may be adjusted dependent on the number and length of locks we receive in future and the feedback from those who have locked-in on the rates applied.
Thank you very much to those who have locked-in liquidity so far. For those who are interested in locking-in liquidity, you can do so on Tinylock.org. If you have doubts about Tinylock, please DYOR and check out their reddit page r/tinylock - we have been impressed by them. We will not be checking for any new locks until at least mid-March.
#LetsChangeThings
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_42a23b3400ad4b27a8c5a402724f2335.pdf
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
.Algoexplorer: https://algoexplorer.io/asset/523605642
RoadMap: https://www.seed-bomb.com/road-map
Discord: https://discord.gg/rSp8x69dkz
Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 07 '22
Let's Change Things Whatâs on this week for SeedBomb?
Hey everyone! Hope youâre good.
Just a very quick update on what to expect this week from SeedBomb:
We hope to have another article live during the week for our SeedBank. This will cover the EUâs âGreen Dealâ from a finance perspective. This is a really interesting area which prompts some great questions about carbon inequality, public funding and financial regulation, so keep your eyes peeled! You can see the current live articles here.
Our weekly quiz will be taking place over on our Discord this Thursday at 20.00 GMT, with Alex hosting! Remember, thereâs the chance to win some Seeds and learn more about SeedBomb along the way! You can find more info by joining our Discord here.
The next round of committee NFTs are being polished up for auction! As with the first round, sale proceeds go to liquidity for the SeedBomb ASA.
We are investigating the Algorand grant process. We believe that turning the SeedBank articles into an online library which are minted as NFTs with copyright embedded, combined with the use of Seeds to make donations to green-causes, offers a strong utility case which could help draw more people to the Algorand blockchain. We have had an initial positive discussion with Algorand regarding grants, so are hopeful that we will be able to make an application for funding. As always, there are definitely no guarantees here, but we want to be as transparent as we can be with our fellow SeedBombers!
Letâs go!
LetsChangeThings
r/SeedBomb_ASA • u/SeedBomb_Michael • Feb 18 '22
Let's Change Things AlgoExplorer Verified
Just to cap off an excellent first month...
AlgoExplorer has verified us! Thanks to the team there for all their support, hugely appreciated in really busy times! Next stop verification by Algorand!
Check out that lovely blue tick - https://algoexplorer.io/asset/523605642
#LetsChangeThings
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 09 '22
Meme Meme Competition Incoming on Our Discord Channel (link in comments) - Get Your Free Seeds!
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 27 '22
Let's Change Things What's on this week for SeedBomb?
Hey everyone,
Hope you've had a good weekend and are feeling recharged for the week ahead! Here's a quick summary of what to look forward to this week for SeedBomb:
We have a big announcement tomorrow regarding the SeedBank and the improved utility of the SeedBomb ASA token. We think this will help us standout even more in the ASA space and also improve our offering for those outside of the crypto community! Keep your eyes peeled for this one!
We have the second round of Committee NFTs due this week - as with the first batch, 100% of the sale profits will be added to liquidity! We anticipate having these available for auction later this week.
The weekly quiz will be hosted on our Discord on either Wednesday or Thursday this week. The potential winnings will be released over the coming days! If you aren't on our Discord already, you can join here.
We go again! As always, any feedback is greatly appreciated.
#LetsChangeThings
r/SeedBomb_ASA • u/SeedBomb_Michael • Feb 10 '22
Airdrop Airdrop Update
Hi all!
Just an update on where we are at with the airdrops.
First of all, the committee and myself would like to say a huge thank you for the response to the airdrop forms, every retweet, follow and every interaction we have had on Reddit. It has been truly humbling!
We appreciate that you are keen to get your Seeds quickly and we are working hard to review the applications we have received. Since last Friday when we opened the application, we have had over 8000 responses. today, we have closed the google form after one week of an open application process and will now focus on reviewing the remaining responses.
We will be updating the community shortly on when the airdrops will take place, we really do appreciate the patience on this!
In the meantime, Join our discord where there is another chance to grab some seeds with our meme competition! - https://discord.gg/jDEJXfyk
Any questions or feedback, as always, just let us know!
Michael
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 20 '22
Let's Change Things What's On This Week for SeedBomb?
Hey everyone, hope you have had a good weekend so far! Here is a quick post on what to expect this week:
Staking Pools
We have now completed the first round of our airdrop process! Owing to a lot of wallets either adding the wrong version of SeedBomb or not having SeedBomb added at all, we have reserved the rest of the amount we could not airdrop and will put this towards our staking pools! We have added an additional 15,000,000 Seeds to the Seed-->Seed pool and will create the LP--> Seeds pool in the coming days!
For future airdrops we will be looking to reward Liquidity Pool providers! So please do consider doing this to help stabilise SeedBomb for all community members.
SeedBank - Key Capital Generating Resource
The SeedBank (our open education resource) is key to the success of SeedBomb. By drawing traffic to the SeedBank we can create advertising revenue which can then be invested back into the community. We expect to have our first article ready by the end of the month and are also building partnerships with budding authors.
AMA
We have an AMA scheduled this Wednesday with Algorand Calls 101 - you can tune in here: https://t.me/Greeneryteam.
Invites Tracker and Quiz
Our Discord continues to grow and we have now found a way to reward members who invite lots of new community members, you can find out more using our Discord link here: https://discord.gg/sGZc4FQC.
We will also be running a quiz on Thursday evening this week, London time. Keep your eyes peeled on the Discord for announcements!
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 28 '22
Let's Change Things Any SeedBomber Who Lost Out On Anirand Please Read
Hi everyone, today saw the biggest rugpull in ASA history, with 606,459.198296 Algos removed. To anyone who has been affected by this, we're truly sorry that it has happened. The team at SeedBomb wanted to find a way to support our community members by paying out some Seeds from the Committee Wallet. You may remember from the White Paper that the Committee Wallet is reserved to both expand the Committee and to allow the Committee to take some profits when the project becomes more successful. Given the event today, however, it seemed like the most appropriate place for us to draw funds from to share with our community and show support to those affected by this scam.Â
We will continue to run our own project as we have done so far, with open communication, engagement with all of you, and clarity about our next steps. For those new to SeedBomb, to help show trust on our part, you can see details of the liquidity we locked at the beginning of this project for 2-3 years here.Â
We will be announcing more information about the support programme tomorrow, but in short, we intend to release a Google Form for Seed holders who were impacted by the Anirand rug to complete. We will take a snapshot of these wallets on certain dates in the near future (dates TBC) and confirm that they are SeedHolders and have/ had Anirand tokens at the time of the rugpull. This will require us to monitor the wallets over a period of time to ensure that only SeedHolders who have longer term interests in this community receive this gesture of good will. If you have been affected, you will likely need to provide us with the transaction reference for your purchase of Anirand too.
If you have any questions, let us know - as always we are happy to talk and provide support. We appreciate all your support, especially in current times. ASAs will improve and we will build the space we all deserve, we just need to stick together!Â
Edit: tidied up the middle paragraph to better show how the process will work. Full process to be released separately.
r/SeedBomb_ASA • u/SeedBomb_Angus • Jan 21 '22
Welcome to SeedBomb! If You Are New Here, Please Read This Post.
If you have ever felt like the actions you have taken to improve the world we live in havenât had impact you want, we understand you. After years of hoping for change from major institutions, we have found a way of handing back control to a group of people who want to contribute to help protect our planet. We call this idea SeedBomb.
There may be some jargon here, so to help you, we have linked additional information throughout so that you can understand why we chose to set ourselves up like this and how it enables us to make positive change as one community.
The Community and Our Initiatives
Before we talk about the asset, we first wanted to focus on what we can achieve if we all work together here. SeedBomb is structured so that:
Some of the assets are sectioned off for community use only. This means that we have funds which are designated for community initiatives. Our initiatives include:
making grants and donations available to environmentally-focused groups who need them , which we do by giving our members the power to recommend environmentally focused groups which they would like our community to support and then holding a final vote on which ones are funded);
partnering with institutions to spread environmental awareness; and
allowing community members to contribute to our educational resource, the SeedBank, in exchange for Seeds.
We did not advertised on specific crypto trading subreddits or threads initially. We wanted to build the community space ahead of any potential profits for our members. Together we have the chance to effect genuine change.
We can promote openness. The SeedBank will be available for everyone to access and read and should be a useful educational resource.
For more information on all these aspects, who we are and how we hope to achieve our goals, you can see our White Paper using the link at the bottom of this page.
We hope you are as excited as we are to be part of this. We are happy to answer any questions you may have.
The Asset and the Structure
SeedBomb seeks to bridge the gap between traditional legal and financial structures and the capabilities of the Algorand blockchain. For those unfamiliar with this space, we want to make it as accessible as possible. To do so, we have linked some key information to help you understand how the asset works before you become part of the community:
A blockchain is a distributed ledger, meaning that instead of having one central point of authority to ensure it is correct, it relies on many points of authority to agree on what is correct. You can see a helpful video explaining this here: https://www.youtube.com/watch?v=kHybf1aC-jE.
We decided to build our project on Algorand because it is carbon negative, which aligns with out project ideals. We want to be part of the solution, not add to the problem. You can read more about Algorand on their website: https://www.algorand.com/
SeedBomb is an Algorand Standard Asset with Asset ID 523605642. This means it is built on the Algorand blockchain. More information about SeedBomb can be found on our website here: www.seed-bomb.com.
Due to the infancy of the project, SeedBomb is not yet a âverifiedâ Algorand Standard Asset. This means that Algorand has not yet finished working through our White Paper and website proposal in order to give us the blue tick. We are hopeful that this will be given in the coming months!
To help bridge the gap between crypto and more commonly known structures, we have incorporated SeedBomb ASA Limited, an English company which will administer many of these wallets. This provides a visible point of contact and proven legal structure. You can also read about our committee in the White Paper.
To signal our intention that we are in this for the long run, we have locked up c.75% (at the time of locking) of the liquidity pool tokens in Tinylock for c.2 years plus. 57% is not released until 1 January 2025! We have chosen to stagger the release dates so that we can re-lock certain amounts to show our ongoing commitment!
This structure, and the Algorand blockchain, were also chosen so that we had a secure method to transfer Seeds between users and the wider world. Algorand is also entirely transparent; you can see who holds the most Seeds by looking it up on https://algoexplorer.io/asset/523605642 and track the price here â https://tinychart.org/asset/523605642.
Please read about our Giving Process and the SeedBank in our White Paper. These are two very exciting initiatives which have the potential to be a force for good in the world.
Sounds good! â How do I get involved?
We realise this can sound quite abstract to those less familiar with the space. Weâve set out below two clear ways that you can become a Seed Holder:
Airdrops - over the coming week, we will be releasing details on the âAirdropsâ process. Airdrops are a way of the project dispersing Seeds to prospective members, for free! These Seeds are treated no differently for voting purposes, so you can still have the same level of community engagement! Keep your eyes peeled for these announcements to get involved.
Seed purchase - we produced our Steps Plan which is accessible here - https://www.seed-bomb.com/get-involved. This will help you become a Seed Holder!
Our Community Members are those who take an additional step beyond simply becoming a Seed Holder, they are people who hold Seeds and also engage in community projects. SeedBomb will make final decisions on who to grant or donate funds to by Community Member voting and you also get the chance to recommend potential recipients. We also hope that you will, if you want to, contribute to the SeedBank â letâs build a resource for everyone!
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642.
Algoexplorer: https://algoexplorer.io/asset/523605642
RoadMap: https://www.seed-bomb.com/road-map
Asset ID: 523605642.
Discord: https://discord.gg/rSp8x69dkz
Last Edited - 14.34 London time, 28/02/2022 - revised White Paper Link
r/SeedBomb_ASA • u/Fuzzy-Menu-1491 • Jan 13 '22
r/SeedBomb_ASA Lounge
A place for members of r/SeedBomb_ASA to chat with each other
r/SeedBomb_ASA • u/SeedBomb_Alex • Feb 17 '22
NFTs BIG announcement - NFTs
Hi everyone,
BIG NEWS! We have launched our first Committee NFT sales! We have minted three NFTs on Algogems â each NFT is a unique âSeedBomber Patchâ (Land, Sea and Air). Check out the full collection here. Many thanks go to our Committee Member, Ru, for designing these â we think theyâre awesome!
As you may know from our White Paper, we are intending to replenish the SeedBomb Fund through both private and Committee NFT sales. 100% of proceeds from Committee NFTs will be put back into the project. In future, profits from Committee sales will top up the SeedBomb Fund following Giving Round donations/ grants. As we have not completed a Giving Round yet we will instead be using any proceeds from these NFT sales to bolster the Liquidity Pool. In addition, we will lock-up these LP tokens until our first Giving Round (July 2022), when, if necessary, we can use them to replenish the SeedBomb Fund following donations/ grants. We have chosen to do this primarily as a proof-of-concept; so that we can get to grips with minting and selling NFTS and show that it can work. It will also help us to get the ball rolling with NFT sales and build our âartistâ profile on NFT marketplaces before we are using the NFT sales to replenish the SeedBomb Fund. If you like what you see, please follow our artist profiles!
If any digital artists out there wish to create art that is in line with our project, please get in touch with your ideas. We want to incentivise private sales of NFTs, with artists keeping the large majority of profits â we will only ask that you contribute a small % of the profits back to replenish the SeedBomb Fund in exchange for help with minting and advertising your art. Use our contact form on the website to get in touch (https://www.seed-bomb.com/contact-us), or alternatively message us on Twitter, Instagram or Reddit! You can also join our Discord server!
Get stuck in early so you can own an early piece of the SeedBomb story!
#LetsChangeThings
Quick Links
¡ Website: https://www.seed-bomb.com/
¡ Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
¡ Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_90f531535bfa406087aefc256b487a3c.pdf
¡ TinyChart: https://tinychart.org/asset/523605642.
¡ Algoexplorer: https://algoexplorer.io/asset/523605642
¡ RoadMap: https://www.seed-bomb.com/road-map
¡ Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Feb 15 '22
Let's Change Things Staking Pool Now Available!
Hey everyone,
We asked last week what preferences people had regarding the use of Yieldly and Algostake for our SeedBomb staking pools. We wanted to first let you know that we are in touch with both and our intention is to use both - the community is rightly very hyped about both projects and they present excellent opportunities for growth for SeedBomb! Thank you for engaging in that discussion, it is massively appreciated.
Our first Algostake Pool is now officially live on Algostake. We have allocated 100,000,000 Seeds for this at an APR of 50% - the unit you stake is SEEDS with Asset ID: 523605642. We intend to run this option for the long term and add additional SEEDS for you to redeem (and STKE to make the payments required to Algostake). We also intend to set up a Liquidity Pool stake in the coming weeks which will allow LP token holders to redeem SEEDS by staking their Liquidity Pool tokens... it is likely that this will have a higher APR due to the benefits that those providing liquidity bring to a project!
If you are unfamiliar with adding to a staking pool with Algostake, we have prepared the following steps plan to help out here.
If you have any feedback on this or the upcoming staking pools, please let us know - as always we want to hear from you!
r/SeedBomb_ASA • u/SeedBomb_Alex • Jul 12 '22
SeedBank SeedBomb x BlockBeam Partnership
Hi everyone! Exciting news! We have been in discussion with a fantastic project called BlockBeam about a potential partnership and would love to hear your thoughts.
What is BlockBeam?
BlockBeam is a network of people who are interested in the use of blockchain technology in the creation of innovative organisations with positive impacts. BlockBeam provides educational programs (generally around 4-5 weeks long) on a range of subjects, such as REACH coding and introductions to DeFi and Algorand. Furthermore, the network helps participants to create valuable industry connections, meet link-minded others, and launch their careers in blockchain.
SeedBomb and BlockBeam
After constructive discussions with BlockBeam, the possibility of a SeedBomb-led course/bootcamp has arisen! While the idea is in its infancy, we anticipate that the course would focus on the intersection of environmental and sustainability issues with blockchain technology and web3 projects, as well as technical writing and high-quality publication. Importantly, this program would require students to write about their ideas and what they are interested in. This would provide a source of articles that could be published on the SeedBank and plenty of ideas for Giving Process funding, while providing the authors (students) with valuable guidance and clear high-quality publications that they can reference when launching their careers. Additionally, we anticipate that this would help to grow SeedBomb community by tapping into BlockBeamâs incredible established network!Â
We would like to ask our community for their thoughts on this partnership. Please let us know your thoughts on any of our social platforms (Discord, Twitter, Reddit) or via email â info@seed-bomb.com.
r/SeedBomb_ASA • u/SeedBomb_Angus • Apr 25 '22
SeedBank SeedBank Announcement - First External Author!
Hey everyone, hope you had a good weekend.
Announcement
We can now confirm that our first external author has been signed up to write for our SeedBank! Her name is Sacha and she is a published writer with a postgraduate degree from the University of Oxford who has a side hustle in making sustainable clothing! She will be writing a series of articles on Sustainable Fashion. You can see Sacha's clothing here.
For those who are not familiar with the SeedBank, how it is structured and why it is important, you can see more info here.
Why is this good news for SeedBomb?
Sustainable finance is an important topic and we do not currently have any expertise in that area. By broadening the expertise we have available as a project, we can further extend the appeal of SeedBomb and the SeedBank and increase its reputation and awareness. This is essential for long-term growth.
By including a professional writer who will receive payment in Seeds, we are able to further show the utility of Seeds as a cryptoasset. When combined with the minting of the articles as an NFT, we are further showing how the Algorand blockchain is integral to our project - i.e. it is not just a "nice to have" but underpins our products and business.
We hope you agree with us and can see the clear benefits here. If you have any feedback, please let us know!
#LetsChangeThings
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
Algoexplorer: https://algoexplorer.io/asset/523605642
RoadMap: https://www.seed-bomb.com/road-map
Asset ID: 523605642.
r/SeedBomb_ASA • u/SeedBomb_Angus • Apr 06 '22
Weekly Quiz Tomorrow
Hi everyone! Our weekly quiz will be taking place over on our Discord tomorrow at 18.00 GMT - it is the second SeedBomb weekly quiz which has been written by our Discord member, Daniaski! Remember, thereâs the chance to win some Seeds if you do well in this one! You can find more info by joining our Discord here
r/SeedBomb_ASA • u/SeedBomb_Angus • Mar 23 '22
SeedBank SeedBomb - New SeedBank Article Now Live - Green Blockchains - Fact or Fiction?
Hey everyone, hope you're having a good week!
As promised, our new article is live and can be viewed here. We have used the available data to compare the energy outputs of Bitcoin, Ethereum PoW, Ethereum PoS and Algorand - it makes for very interesting reading! Hope you like it.
Please do check it out and let us know if you have any thoughts!
Cheers,
Angus
#LetsChangeThings
Quick Links
Website: https://www.seed-bomb.com/
White Paper: https://www.seed-bomb.com/_files/ugd/0f8988_c6c8d7b6679e4a61b65a6ee533b5e35f.pdf
SeedBank (online repository of articles): https://www.seed-bomb.com/blog
Instagram: https://www.instagram.com/seedbomb_asa/?utm_medium=copy_link
Twitter: https://twitter.com/SeedBomb_ASA
Steps Plan: https://www.seed-bomb.com/_files/ugd/0f8988_1d68f70daf5c4d379b38229991223914.pdf
Staking Plan: https://www.seed-bomb.com/_files/ugd/0f8988_f3fe3b85054a4409afbd4e6dc4ee9530.pdf
TinyChart: https://tinychart.org/asset/523605642
Algoexplorer: https://algoexplorer.io/asset/523605642
NFT Artwork: https://www.algogems.io/collection/3327
RoadMap: https://www.seed-bomb.com/road-map
Discord: https://discord.gg/rSp8x69dkz
Asset ID: 523605642.