SEASONAL TOKENS AT ITS BEST
Seasonal tokens are cryptocurrencies mined with the aid of proof of work like bitcoin (BTC). Seasonal tokens are designed in such a way that if traded in a cyclical form, the user will end up with more tokens.
There are four tokens: Spring, Summer, Autumn and Winter. Once every nine months, the rate of production of one of the tokens is cut in half. The token that is produced at the fastest rate becomes the slowest. Spring tokens are currently produced at the fastest rate of the four. In June, the Spring halving will take place and Spring will then become the most difficult of the four to mine.
The tokens are designed in such a way to always benefit and favour investors. Winter tokens are currently produced at the slowest rate of the four tokens and they have the highest cost of production. As a result, they are the most expensive to buy and Spring is the cheapest. Investors can trade Winter tokens for Spring today and increase the total number of tokens they own. When the rate of production of Spring tokens is halved, the cost of production will double. Spring will become the most expensive token to produce and the price can be expected to rise over the following months as the market adjusts to the decrease in the supply and the increase in the cost of production. Over time, Spring tokens will tend to become the most expensive of the four.
This allows investors to hold Spring tokens while they rise in price relative to the other tokens and then trade them for a greater number of Summer tokens, which will then be the cheapest. Then the Summer halving will take place in March. After that, Summer’s price can be expected to rise and over time Summer will tend to become the most expensive of the four. They can then be traded for an even greater number of Autumn tokens.
By trading the tokens in a cycle, investors can continually increase the total number of tokens they own. This makes it possible for investors to increase their holdings without spending more. It also makes it possible to eliminate the risk of making a trading loss measured in tokens: If you always trade tokens for more tokens of a different type, the total number of tokens in your investment will increase with every trade.
In the long term, the tokens are equally valuable, because which one is the most expensive will keep rotating. Today’s market will price the tokens according to today’s cost of production, though, which ensures that the tokens will always tend to have different prices, and it will be possible to trade tokens for more tokens of a different type.
The rate of production of each token halves every three years.
In twenty years, they will be produced at less than 1% of today’s rate. Although there is no way to absolutely guarantee that the prices of the tokens measured in external currencies such as USD will rise over time, the increasing cost of production and scarcity makes it likely that the tokens will be more expensive to buy in the future. This makes the total number of tokens in an investment a good measure of its investment value. Investors can trade the tokens in a cycle and acquire more of them over time, even as they become harder to obtain.
Unlike bitcoin, which was designed to be money and ethereum which was designed to be a public computer, the tokens are designed to be an investment. They can be used as money, but that is not what they were created for, and it is not necessary for people to use the tokens for payments in order for them to rise in price relative to one another as intended. It is the changes in the cost and rate of production not popularity, that drive the prices of the tokens relative to one another.
The tokens can be compared to exchange traded products such as ETFs, which like the tokens are designed to allow investors to change the sensitivity of their investment to variables such as market performance. These financial instruments, like the tokens are designed primarily for investment, to achieve the sensitivity of their price to the underlying variable. In the case of the tokens the variable is time.
More info:
Website: Website: https://seasonaltokens.org
Twitter: https://twitter.com/Seasonal_Tokens
Discord: https://discord.gg/Q8XZgJEDD3
Whitepaper: https://github.com/seasonaltokens/seasonaltokens/blob/main/whitepaper/whitepaper.md
Author:
Forum Username: Andreacium
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3358277;sa=summary
Telegram Username: @Andreacium
Proof: https://bitcointalk.org/index.php?topic=5390603.msg59640968#msg59640968
