Hypha agrees to increase the distribution price of the Seeds it has been awarded by the community.
Why?
When SEEDS was still little more than just a big idea, the community granted Hypha an amount of Seeds to work on developing the technology to support it, the same technology that underpins the platform we all enjoy today.
Hypha has been making those Seeds available to the community at a current increasing price schedule of 3.3% for every 1.1m Seeds sold.
With the platform now up and growing, Hypha has voted and agreed to add an additional price trigger increase of 3.3% for every new and full moon that passess between now and the end of 2020.
For the avoidance of doubt, both triggers are now in place and will therefore result in a faster price increase schedule. Hypha’s agreement is subject to Hypha decentralised governance and is therefore subject to change by a vote by Hypha members.
As you know, full transparency is a big part of the SEEDS and Hypha philosophies, so at Hypha we developed a Token Sale Allocation document that was shared, voted on and approved by the SEEDS citizens back in April.
This new release of Seeds will come with a 3.3% increase in price (as outlined in the Token Sale Allocation document), but to share this harvest fairly, normal limits will still apply. You can buy a maximum of 25,000 Seeds (for Visitors) and 250,000 Seeds (for Residents and Citizens) each week.
Be the change you want to seed in the world. Whether it’s you as a member purchasing, or people you bring into the SEEDS community, the more who participate into this new economic model, the more good we can do for everyone.
And, this comes at a time when the world needs changing the most.
Disclaimer: Not for distribution in the United States. Your Global Passport & Light Wallet is not a deposit account. Eligible digital assets are not legal tender. This is not an offer, or solicitation of any offer to buy or sell any security, investment or other product.
