SEEDS FAQ

Introductory Questions

What is SEEDS?

SEEDS is a decentralized financial system based on regenerative values, governed directly by the citizens. It is the collective name for the protocols, accounts and smart contracts that make up this new ecosystem. It is designed to finance a regenerative economy by subsidizing and rewarding regenerative practices (social, environmental, financial and other domains), campaigns, and solutions; aligning business incentives towards regeneration; providing grants for regenerative projects and campaigns; and empowering local and circular economies through subsidizing the transition to regenerative industries.

What is the purpose for SEEDS?

To serve the Regenerative Renaissance by co-creating economic, governance, and financial systems for regenerative and thriving civilisations.

Why and how is SEEDS connected to the environment?

SEEDS is open-source, transparent, and consists of the leading edge protocols and tools of decentralized economics and governance. All this is designed to focus and align the fragmented, yet immense, power of our various global movements aimed at creating regenerative civilizations, as defined in its Constitution. It is a platform for a truly ‘conscious currency’; one that aligns the interests of funders, users, founders, beneficiaries, earth and contributors as we come together to co-create a new future. It offers an open platform to create regenerative ‘operating systems’ for humanity and the planet.

What am I expected to do in the SEEDs ecosystem?

It depends on how active you would like to be in contributing to a more regenerative world. The most active vote on and submit proposals that support a regenerative economy and civilization, as outlined here.

What should I expect from the SEEDS ecosystem?

The SEEDS Constitution's Foundation section explains this well.

Societal Questions

How does SEEDS address inequality in itself?

How does SEEDS avoid replicating global inequality where the top 1% owns 43% of all personal wealth, while the bottom 50% own only 1%? What prevents any individual from hoarding Seeds beyond their needs, something that does not occur in nature? How can SEEDS support a low Gini coefficient of inequality among its own members?

There are multiple components to address this, including:

• Individual wealth distribution -
• Governance - Decision-making influence is based on a scale of 0-99 among the least to the most active participants, with 50 being the average score of all participants. This means SEEDizens with the highest ranking in contribution have no more than twice the decision-making influence of the average SEEDizen.

Financial Questions

How do we know Seeds is going to become a legitimate currency (e.g. be equivalent in worth to the US Dollar)?

SEEDS has a large exponentially growing global community of over 1000 active participants among 7000, who are dedicated to ensuring Seeds becomes a legitimate currency.

Developing Countries

What are the benefits of accepting payment in Seeds?

Just like seeds itself, there is little to no immediate benefit in terms of Fiat money (our default currency). The Seeds currency is a long-term investment in growing a regenerative economy, and are meant to be planted and supported over time. However, especially for the underprivileged like refugee communities, Seeds enables a global bank account on your mobile device, and the ability for people to directly contribute Seeds to that account. This becomes significant as Seeds is expected to increase from $.09 in value to the US dollar in the summer of 2021 to $.80 of the US dollar when it officially enters the world of currencies in a few years.

Appendix

Hosted in Prototypes, Pilots and Experiments of the SEEDS New User Guide.