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Parsl is pleased to announce the airdrop of the SEED token, which will occur on the 29th of October.
SEED tokens exist in order to protect Parsl platform users from dealing with the complexity and cost of running the Parsl platform on blockchain technology.
Instead, platform business users just pay subscription fees and buy smartpackaging (if needed) to use the system. The subscription fees pay for business costs, and some revenue moves to the Parsl Foundation.
The Parsl Foundation advocates for cannabis legalisation, then uses a portion of those funds to reward holders of SEED tokens.
The SEED tokens will be airdropped to all eligible EOS token holders based on a snapshot of the EOS mainnet taken on the 24/10/2018.
Accounts above 100 EOS will be eligible to receive a 1:1 allocation of SEED. All accounts that are deemed to be exchange accounts will have their tokens held in escrow, until that exchange publicly agrees to support the Airdrop.
There will be 2,000,000,000 SEED tokens minted, and they will be distributed as follows;
EOS token holders
Holders of EOS tokens have an allocation of 900,000,000 tokens. Tokens are airdropped on a 1:1 basis (1 SEED token for 1 EOS token) with the following conditions;
Accounts with less than 100 EOS will not be dropped any SEED tokens
Exchange accounts will have their tokens held in escrow, until that exchange publicly agrees to support the Airdrop.
A total of 500,000,000 tokens are reserved for internal distribution to team members and advisors.
Marketing and Platform Development
A total of 250,000,000 SEED tokens are allocated for the Parsl platform and community awareness programs.
Parsl EOS token holding
A total of 250,000,000 SEED tokens will be used to obtain the EOS tokens ...