Upgrade Your SED to SEDC Tokens: Airdrop
Unlock the full potential of Livetree by upgrading your Seed (SED) tokens into Seed NFT Collective (SEDC) tokens. This definitive guide walks you through the 3-step seamless process of upgrading your SED tokens to SEDC, opening doors to enhanced benefits and expanded opportunities within the Livetree ecosystem.
Setup your posts so you can tokenize the money made from them and collectively govern them on-chain
Livetree fuses Patreon, TikTok, and Tokenisation, reshaping the creative landscape through Collective DAOs. It’s where creators, supporters, and innovators converge to form blockchain #Collectives (otherwise known as DAOs).
Livetree offers a one-stop hub of diverse income avenues—think pay-to-view videos, pay-to-listen music, ticketed live events, e-gift donations, tokenization, and your own AI agents. Web3 integration empowers creators to create their own 1 million tokens on the blockchain of their choice. Each collective’s crypto represents income generated from selected #posts. Note: Your hashtag # is valuable and is registered as an NFT on-chain using Crypto-Naming-Service (CNS); likewise, in terms of differences from Web2 platforms, Livetree charges fees, which are represented by the SEDC decentralised token, and provides utility over content algorithms, censorship, and more.
Download and try the iOS/Android app and see how we are building AI assistants that we envision will cater to your #collective community members. But the real innovation lies in your hands. Through SEDC tokens, you gain utility over the platform—governance and trade, power your SEDC tokens to control the Livetree Treasury, which, don't forget, can be controlled using transparent on-chain DAO proposals using the portal, including specific AI governance proposals for recommendation and AI model weights—see our whitepaper — we would welcome any Rust developers to reach out.
Tokenomics: The Allocation Plan
The tokenomics have finally been vetted and checked by our partners, GotBit. To facilitate a proper market launch, we have allocated 350 million SEDC tokens as distributed among four programmes: SED Upgrade, Creators Incentives, Ambassadors Incentives, and Mini-app Devs Incentives are subject to equal vesting in months 1–48. The first allocation of 7,000,000 SEDC tokens will be distributed at the Token Generated Event (TGE), followed by a monthly distribution of 7,145,833 SEDC tokens across various incentive programs. Here’s the exciting part: 25% of the tokens distributed each month are designated for upgrading the SED tokens held by SED holders to SEDC. This distribution will continue until every SED holder who sends their SED tokens receives their upgraded SEDC tokens.
Upgrade SEDC: Airdrop process
The upgrade is a simple airdrop process that involves you sending your SED and receiving SEDC ‘airdropped’ to your account (in line with the allocation plan). You send your SED tokens, the SEDC will be airdropped in an equal number 1:1 of your corresponding SEDC tokens (the allocation of 1:1 is to ensure the tokenomics function correctly as we go to listing) allocated each month until all of your SEDC tokens have been fully distributed to you.
To get started, we recommend registering as soon as possible. You can easily check your allocation in the Livetree dApp at https://portal.livetree.com/sed-upgrade/upgrade. The airdrop process is simple; just follow the onscreen instructions to receive your SEDC coins (the #LivetreeCollective token). It’s that simple!
Here’s your step-by-step journey to upgrade your SED tokens to SEDC:
How to upgrade in 3 easy steps
- First, you need to connect your decentralised MetaMask wallet, which means you can preview the SEDC coins you will receive (you need to have created your collective on Livetree)
- Then you need to press “confirm” twice in MetaMask, first to approve the transfer and second to send the SED to us
3. Once the transfer is complete, you’ll receive SEDC tokens at the Token Generation Event (TGE) and subsequently on a monthly basis. Once your SEDC coins arrive, you’ll be able to see them within the portal. To move them on-chain, simply access your account and click on the “Move in-app SEDC to your on-chain wallet” button as shown in the screenshot below:
Follow the MetaMask wallet instructions to move your SEDC tokens to your MetaMask wallet. You will notice your On-chain SEDC wallet balance increase with the amount of SEDC you had In-app as shown below:
You’re now set with the power of SEDC tokens. Upgrade today and finally embark on true decentralisation of how we interact online today!
FAQs
- What is Seed NFT Collective (SEDC) tokens and how can it be used?
SEDC is Livetree’s native token. It offers governance and trading power within the Livetree ecosystem, enabling users to shape the platform and benefit from its features.
2. Why do I have to upgrade?
Upgrading your SED to SEDC grants you access to enhanced benefits and opportunities within Livetree. It allows you to influence platform governance, participate in the token’s success, and trading.
3. How do I upgrade my SED to SEDC tokens?
Upgrading is a simple 3-step process:
- Visit https://portal.livetree.com/sed-upgrade/upgrade, connect your decentralised MetaMask wallet (ensure you connect with your MetaMask wallet holding the SED you intend to upgrade) and hit “Preview SEDC Quantity You’ll Receive” button.
- Confirm the transfer of your SED tokens.
- Receive your SEDC tokens at the Token Generation Event (TGE) and monthly thereafter.
Ensure you have enough ETH in your wallet to cover gas fees.
4. How do I check which of my wallets is holding my SED tokens and view the balance?
- Go to https://etherscan.io/
- Paste your wallet address into the search bar and click the search button.
- In the overview, click the arrow dropdown under “Token Holdings.”
- Select “Seed (SED)” from the list.
You’ll be able to see your SED token balance from there.
5. What is the plan and roadmap for SEDC tokens?
Our plan includes listing SEDC on both decentralized and centralized exchanges (DEX and CEX). You can find detailed information about our roadmap in the whitepaper/tokenomics.
6. How do I get the app and use SEDC tokens?
Download the Livetree iOS/Android app and explore the opportunities within. Use your SEDC tokens to interact, participate in governance, and trade. To take part in Livetree’s governance, you’ll need to invest SEDC tokens in Livetree’s global collective here https://portal.livetree.com/setting?collective=livetreecollective . This allows you to have a say in creating and voting on proposals that will influence Livetree’s future.
7. How do I participate in Seed, Strategic or Public rounds of SEDC tokens?
Participation in these rounds is subject to availability and specific guidelines. Stay updated on announcements and opportunities through our official channels.
8. How do I ask questions?
For further inquiries or assistance, please don’t hesitate to contact our support team on Discord or via the “Livetree Team” within the Livetree app. If you haven’t already, you can download the Livetree iOS/Android app here. Our team is always ready to assist you.
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