Seed is all about staking and growing.
Right now I see the #1 wallet as a large lonely tree out in the middle of a field. There are some medium trees around it, and a field of small tree surrounding that.
So the large tree in the middle, is at max capacity, and every stake it receives is a new seed that falls off of it. These seeds will land randomly throughout the field and medium trees.
All the seeds that the #1 wallet creates will from now on, land within other staking wallets. Right now there are approx 80 staking wallets. And the #1 stakes around 300 coins in 24 hours. We will send out transactions once a week for now, but if Cryptzo could incorporate something into the wallet, to make this a part of how Seedcoin works, I think it'd be great.
Right now,
(we have transaction history for about 48 hours)
We have given 759.31020000 SEED away.
The top #5 wallets that the seeds have fallen into and the amount of seeds they will be getting.
#1 sU82EE5JeS1wHL4WZimk2V58WTKEG3peGU 17.67000000
#2 sK6kP8HUPrvRYQQ2sdHNzmqpW1tQTy34Zj 17.67000000
#3 sckWwFNQ74BYWitBvVvnCk4aYnDc3q6KPh 16.95000000
#4 sXktftnjns5yt4qQAYsS2uMEQ53Vpobovw 15.02000000 <- This wallet has 50 coins. is getting 15+ more
#5 sWATgKLBVexD3zizvdV8BTQUHmHHTdY8Fh 14.99001000
* You can view the whole list and totals here.
http://seed-coin.com/forest/The full idea, would be to have each large wallet that drops seeds, to drop at something like a 75/25, or 50/50 chance they sprout a branch (keep the stake) or drop a seed (lose the stake). With less than 200 wallets staking, only the #1 drops seeds at 100%. Once there are 200 wallets, now the top 2 wallets will begin dropping seeds. 500 wallets, top 3 drop. etc...
Would love for Cryptzo to pipe in on this one.
EDIT: I am not going to dev too much. This is a pretty simple script, that requires me to manually send transactions at the end of the week. I said my wallet was off the market, and that I'd fund bounties etc.. But nothing has come up about bounties, giveaways, so I thought this idea would be better.
For a moment I thought the idea of giving away 90% was about to take shape... you know, to be able to create a (small) community out of nothing; some value, real value, out of nothing.
But, of course, I was wrong. Another idiotic scheme to try and keep engaged a few losers still believing in this piece of shit... while inflicting the ultimate strokes into Pink coin at the same time.
Masterful, Fayoling, you are a genius indeed.
Such a genius that you are going to have the dubious honor of driving to the ground two coins at the same time.
Congrats in advance.
Weren't you saying that they needed to be destroyed? Personally this reads like you want to buy cheap and then have the top holders destroy all their coins and give way the rest so that you would control the majority.
Why should he give away all the coins to people who will most likely just dump them when he can use them to reward anybody who stakes. More incentive for people to get into Seed and start staking supporting the coin to get a bonus then to just give them away to dumpers.
As has been stated many times if you have no interest in Seed why continue to strategize and post? (Yes you supposedly have a large stake of Pink but judging by you dissatisfaction of the Devs in the Pink thread why don't you just stop the FUD storm and do something that makes you happy in life)
Just to clarify a point I made days ago regarding that I saw "a slight opportunity when (not if) markrt cap goes under $10k..." That statement was made under the assumption that, long before now, fayoling and his four co-holdrrs of 60% of thevtotal coins would have already donated and burned 90% of their coins...WHICH IS THE ONLY POSSIBLE WAY FOR SEED TO SURVIVE. If 10% of those 1.7+ million coins are donated for future projects and ghe other 1.5 + million are destroyed, then there' a small, remote chance of survival for SEED. Otherwise nine whatsoever at all.
Reason being, obviously, a supportive community and a distribution that makes fair and logical sense.
Any chances of that happening? I'd say slim to none... but i have been wrong before...
One thing's for sure though: the parties have nothing to lose if they do it and potentially quite a bit to gain; not diing it is losing it all for sure.
I have edited the post for clarity for, amazingly, it wasn't -it appears, at least in your case-, clear enough: By "give away" I meant throw away, get them destroyed. Is it clear enough now?
It works like this: The present "value" of SEED is ZERO. Yep, ZERO. There's no "market cap". If Fayoling tries to sell his 740,000 coins, he won't get even close to the 1 BTC he invested, even if he takes some time in doing so. SEED, as it stands, has no value whatsoever, none.
Now, if Fayoling and at least the other top 5 wallets burn, destroy 90% of their coins, there would be left roughly 1 million coins total. First thing that would happen, immediately, is that SEED will have "some" real value, probably in the $15 to $ 30,000 to start; second, it would have a community of shorts -maybe 100 holders-, pushing to save it in their own real interest, even perhaps investing some real money in it. As a consequence, let's assume the REAL VALUE reaches $30,000 -it could go much higher than that easily-, now Fayoling's stake would be worth -and cashable- $2,220. As opposed to
ZERO now and no project, no nothing. Get it now? The same would be true for ALL the rest of the SEED holders: From gaving nothing, tpo have something. And a project to push. It is THAT simple.
The other thing that you have wrong is the part where you state I have a "large stake in Pink"... I have, as I have repeated a few times, a very modest financial investment in Pink. I have a very deep investment in it though, just not financial. You see, I supported that coin project from the very beginning. It was presented as a different project, transparent and honest... As a consequence, I put it on my WALL OF HONOR (only coin ever), and I openly supported it until I started to discover that it was just the usual hornet's nest of lying, cheating, greedy devs taking advantage of people. It's personal now, not just a result of my very modest investment.
I hope you get that straight. Get something else: contrary to 99% of people in alt, I am in it not only to make money -which would be very nice indeed-, but because I believe it is a technology worth protecting from the lying, greedy bastards that are delaying it's adoption in the real word. The bad players have to be exposed and eliminated. Not just the lying, greedy bastards but also the bad, unprepared players willing to become lying, greedy bastards pretending that just forking a coin is actually contributing to push the technology forward.
I will continue doing what I can to warn the people against the bad players until there are none left in crypto. I have my work cut out for me, I know.
