What are Seasonal Tokens?

Hist_30
7 min readMar 22, 2022

--

They’re cryptocurrencies, mined the usage of proof-of-work, like bitcoin. They’re designed so that, in case you alternate them in a cycle, you’ll become with greater than you commenced with.

There are 4 tokens, Spring, Summer, Autumn and Winter. Once each 9 months, the fee of manufacturing of one of the tokens is reduce in half. The tokens that’s produced on the quickest fee turns into the slowest. Spring tokens are presently produced on the quickest fee of the 4. In June, the Spring halving will take vicinity, and Spring will then come to be the maximum tough of the 4 to mine.

They’ve been designed this manner to advantage buyers. Winter tokens are presently produced on the slowest fee of the 4, and that they have the very best fee of manufacturing. As a result, they’re the maximum luxurious token to buy, and Spring is the cheapest. Investors can alternate Winter tokens for Spring nowadays and boom the entire variety of tokens they own. When the fee of manufacturing of Spring tokens is halved, the fee of manufacturing will double. Spring becomes the maximum luxurious token to produce, and the rate may be predicted to upward thrust over the subsequent months because the marketplace adjusts to the lower withinside the deliver and the boom withinside the fee of manufacturing. Over time, Spring tokens will generally tend to come to be the maximum luxurious of the four.

This lets in buyers to maintain Spring tokens at the same time as they upward thrust in rate relative to the opposite tokens, after which alternate them for a more variety of Summer tokens, that allows you to then be the cheapest. Then the Summer halving will take vicinity in March 2023. After that, Summer’s rate may be predicted to upward thrust, and over the years Summer will generally tend to come to be the maximum luxurious of the 4. They can then be traded for a fair more variety of Autumn tokens.

By buying and selling the tokens in a cycle, buyers can always boom the entire variety of tokens they own. This makes it viable for buyers to boom their holdings with out spending greater. It additionally makes it viable to remove the chance of creating a buying and selling loss measured in tokens: If you usually alternate tokens for greater tokens of a specific type, the entire variety of tokens on your funding will boom with each alternate.

In the lengthy term, the tokens are similarly valuable, due to the fact which one is the maximum pricey will hold rotating. Today’s marketplace will fee the tokens in keeping with today’s price of manufacturing, though, which guarantees that the tokens will constantly have a tendency to have exclusive costs, and it’ll be viable to change tokens for extra tokens of a exclusive type.
The fee of manufacturing of every token halves each 3 years. They’re turning into tougher to achieve over time. In twenty years, they’ll be produced at much less than 1% of today’s fee. Although there’s no manner to sincerely assure that the costs of the tokens measured in outside currencies which includes USD will upward push over time, the growing price of manufacturing and shortage makes it probably that the tokens may be extra pricey to shop for withinside the future. This makes the overall range of tokens in an funding an amazing degree of its funding value.

Investors can change the tokens in a cycle and collect extra of them over time, whilst they turn out to be tougher to achieve.
Unlike bitcoin, which became designed to be money, and ethereum, which became designed to be a public computer, the tokens are designed to be an funding. They may be used as money, however that’s now no longer what they have been created for, and it’s now no longer essential for human beings to apply the tokens for bills so as for them to upward push in fee relative to each other as intended. It’s the modifications withinside the price and fee of manufacturing, now no longer popularity, that pressure the costs of the tokens relative to each other.

The tokens may be in comparison to exchange-traded merchandise which includes ETFs, which, just like the tokens, are designed to permit traders to exalternate the sensitivity in their funding to variables which includes marketplace overall performance or volatility. These economic instruments, just like the tokens, are designed ordinarily for funding, and don’t rely upon popularity, or usefulness for functions aside from funding, to gain the sensitivity in their fee to the underlying variable. In the case of the tokens, that variable is time.

What hassle do the tokens resolve?

There’s high-quality call for for a great cryptocurrency funding. Bitcoin has been a exquisite funding, however unfortunately, it’s seasonal. Once each 4 years, the price of manufacturing of bitcoin halves, and withinside the following yr, the rate rises because the marketplace adjusts to the brand new scarcity. There’s a bull marketplace, after which there’s a undergo marketplace that lasts for years. Bitcoin could be a exquisite funding once more in 2025.

Investors face the hassle of what to do whilst bitcoin’s bull marketplace is over. The apparent choice is to put money into some thing else. But selecting an altcoin and having a bet that it’ll prevail is gambling, now no longer making an investment. An investor can experience stable keeping bitcoin withinside the yr following a halving, due to the fact the expanded fee of manufacturing and decrease price of deliver are inevitable marketplace forces so that it will push up the rate. It’s now no longer a guess approximately what the general public will do.

If an altcoin appears promising, an investor would possibly purchase a few withinside the desire that it turns into popular. That is having a bet on public opinion. The rate will upward push lots if that coin will become the following craze, that is truly now no longer guaranteed.

When bitcoin’s undergo marketplace starts, traders are compelled to both watch their funding lose value, or begin gambling.

The tokens are designed to resolve this hassle. Like bitcoin, every token’s rate is seasonal. The token’s halving will arise on time, and the marketplace will alter to the decrease price of manufacturing, as soon as each 3 years. Investors don’t want to search for every other funding once they advantage from one token’s bull marketplace. They can sincerely make investments withinside the subsequent token withinside the cycle, whose bull marketplace could be simply beginning. Inevitable marketplace forces, now no longer popularity, force the sequential rate rises of the tokens.

This makes it feasible to hold making an investment in cryptocurrencies, in preference to having a bet approximately what the general public will do.

Trading for income is competitive. You ought to danger a loss to make a income, and you need to inflict a loss on a person else. If a person makes a terrible guess, you may take advantage of their loss.

The tokens make it feasible to exchange for income in a cooperative manner. Over the 9 months among one halving and the following, new tokens are produced through mining, and those have an effect on the expenses in a predictable manner as they’re delivered to the marketplace. You can take advantage of the ones predictable adjustments in rate. You don’t want a person else to make a terrible guess so you can take advantage of their loss.

By usually buying and selling tokens for greater tokens, you’ve got got a assure which you won’t make a buying and selling loss measured in tokens. This gives a monetary protection handrail. The danger of finishing up with fewer tokens is eliminated.

These functions make the tokens an funding, now no longer a gamble. There’s a protection mechanism that stops losses, there’s no want to take a position approximately public opinion, and there’s no want to inflict a loss to get a income. The wide variety of tokens for your funding will in no way cross down and could every so often cross up.

Trustless and Fair

Most tokens are created in massive portions on the time that they launch, and the developer receives they all and every body else receives none.

The Seasonal Tokens are mined the usage of proof-of-work. Nobody receives any for free. The founders of the task want to shop for and mine them to accumulate them, similar to every body else. Nobody has any benefit over all of us else, besides for in advance participation. The tokens are clever contracts strolling at the ethereum network. They’re unchangeable, and no person controls them. There’s no want to accept as true with all of us to control a company. The tokens will remain mineable for the following two hundred years, and they’ll undergo their seasons with none human selection concerned.

All of the costs concerned in growing the task had been paid for through the founders. There became no ICO. The tokens aren’t confused through buyers who assume unique privileges. Nobody has any greater manage than all of us else.

There’s a developing network on Discord and a crew helping the task, however the tokens themselves can’t be modified or managed. The function of the network and crew is to teach buyers and offer tools, documentation and software program to make it simpler for humans to shop for, mine and exchange the tokens.

<<More information>>

Website : https://seasonaltokens.org/
Twitter : https://mobile.twitter.com/Seasonal_Tokens

Discord: https://discord.com/invite/Q8XZgJEDD3

AUTHORS DETAILS

BTT Username: Hist Bist
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=3385408
Au: https://bitcointalk.org/index.php?topic=5390603.msg59597833#msg59597833
Wallet: bc1qwc6mcfy35rvz0shew0q5c45sx0h69h3n0dq34k

--

--