Crypto prices are back on the rise, with Bitcoin (BTC) leading the charge, as usual. While the coins experienced a minor correction in recent days, their performance is overall still quite bullish. As a result, investors are feeling more and more motivated and optimistic with every new day, while experts are predicting that the prices will skyrocket like never before.
With a situation like that, some old trends are making a comeback alongside crypto prices, with most notable among them being the ICO model. The model was believed to be extinct back in 2018 after the prices crashed, and the regulators cracked down on it due to regulatory uncertainty and a high number of scams. However, while the model did survive through evolution into additional token sale options, such as STOs, and a new exchange-based version, IEO — traditional ICOs are still very much alive.
A number of them have already been held, while numerous ones are currently on-going. However, there are also a few worthy projects that are still in the future and are worthy of keeping an eye on for new updates regarding the timing of the sales themselves. One such project is The Seed Token Project ICO.
The Seed Token Project aims to deliver SEED, an independent, decentralized marketplace for CUI deployers and developers. The platform offers intellectual property, development tools, as well as the network for deploying front-ends to AI technologies.
The platform is to be fueled by SEED token, which will be used for authentication of CUIs (Conversational user interfaces) as well as for enhancing digital transactions among them. The SEED token will act as a currency for the platform itself, as well as for wallets, and the marketplace. It will also enable CUI data exchange, instead of application-specific data exchange, thus allowing the platform deployment for a larger variety of clients.
SEED is designed to serve as a utility-type token, and it is registered in Singapore, which is known for being crypto-friendly for quite a long time, now. It is developed on Ethereum's platform, meaning that it will be another new ERC-20 token.
Unfortunately, there is not a lot known about this project's ICO at the moment, with even its date still not being officially announced. However, the token sale is incoming, likely at some point in 2019. The total token supply will be at around 10 billion SEED units, although it is currently unknown how many of the coins will be offered during an actual ICO.
Investors interested in helping this project grow further should make a point of carefully and thoroughly studying the project's whitepaper, and learning all about it before the ICO commences. More information about the project can be found on its website, including a helpful FAQ, its blue paper, executive summary, SEED use cases, and more.
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When reading the whitepaper of the SEED project, I got very strong antiglobalist vibes from that team since the document had numerous mentions of the project's intention to confront the "big multinationals" for the right to use the CUI tools and develop the AI economy that includes designing bots. It is like they are having a vendetta against the corporations or something. Although their technical solutions appear to be quite interesting, I am not fond of their confrontational attitude, which is inherent to some asocial cyber geeks.
Lee August 10, 2019 Reply
One can’t underestimate the importance of bots for the future of online customer service. As the SEED team rightfully points out, it would be absolutely unacceptable to let a gang of transnational corporations to usurp this prospective segment that promises super profits for the creative and industrious developers, like myself, who have tons of brilliant ideas boiling in their heads. Not to mention their ACTR standard for 3D avatars, which is pretty mind-blowing in its nature, at least judging from what I\ve figured out after checking its prototype on GitHub.
Olaf July 24, 2019 Reply
All bot developers out there, let me assure you that SEED is the platform you’ve been looking for but couldn’t find because it simply didn’t exist. As one programmer to another, this solution is going to make our jobs that much easier thanks not only to the data exchange feature, but also to such a marvelous thing as the SEED Greenhouse. It is a distributed application that allows me to set licensing terms and even directly connect my products to the customers’ services. Big ups to the guys from SEED, you did a great job!
Owen July 6, 2019 Reply