With SEDC creators, fans and communities become active participants in the Livetree platform. In return fans and community members get a stake in the creator’s recurring income, they get a vote and can exchange their stake for others helping to make the collective not only powerful but extremely valuable. Holding SEDC provides users and content consumers of the Livetree app with the tools and knowledge to shape and govern how the collective-driven platform runs, operates, and functions for the broader community.
About SEDC
50% of all collectives income back the SEDC token treasury
The Seed NFT Collective (SEDC) token represents the global Livetree collective that decentralises governance of all #NFTCollectives on the platform. Unlike social networks like Facebook or NFT Marketplaces, like Opensea, the #NFT exchange is a decentralised collective built using the same standard as all other collectives on the platform. SEDC token holders control how the platform operates. From being able to vote on which beneficiaries to award the treasury, what posts should be unlockable and even what fees should be charged.
Technical Aspects
The SEDC token is a decentralised digital token that is stored on the blockchain. This digital token or currency is controlled by the logic written into a smart contract, not an individual or a company. Once the smart contract, which defines the set of rules and standards of the token, is stored in the blockchain, no members of the agreement — company, individual nor government — can tamper with it according to self-interest. By holding SEDC this gives you the voting power and the opportunity to present proposals to the future of the Livetree platform.
SEDC, is supported by the Moonbeam, Polkadot, and Celo technology.
For SED Holders
We welcome previous SED holders to swap to SEDC. We’ll provide details with a portal to make the transfer simple.
