Sesameseed is a blockchain community created to support its members by providing fair and transparent representation in delegated governance. Sesameseed accomplishes this by maintaining a reputation of upholding its core values of community, transparency and privacy. The SEED token is a representation of the rewards created through the community’s participation in blockchain operation and governance.
Sesameseed considers any blockchain on which it provides resources to the network a represented blockchain. These resources can include representative governance, block production, or node operation. Incentives or rewards provided by these blockchains to gain community participation, such as voting or staking, are typically in the form of each blockchain’s native digital currency. These earned rewards are stored and used to back the pegged value of the SEED token.