seasonaltokens.org
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As cryptocurrency begins to draw the attention of investors and users across the world, thousands of users and investors continue to join forces to push cryptocurrency for global adoption. A few years back, the total market cap for all cryptocurrencies was estimated to be around $230 billion. Today, the cryptocurrencies market cap is valued to be around $2.3 trillion and the market is still growing.
Most of this driving force comes from investors’ determination to earn huge returns on their investment in a short period. Investors are in search of the next Bitcoin (BTC) or Ethereum (ETH). Investors stand the chance to make a huge profit in the crypto market. But the truth must be told, they also stand the chance to lose all their investors too in a short period.
The Crypto market is highly volatile, and as the bull and bear markets come and go, new patterns were formed. Let's take BTC as an example, the coin always appreciates after its mining is halved. The price of BTC rise as the market adjusts to the new development that causes scarcity.
For investors to overcome the high volatility of the crypto market, a new token was introduced into the crypto market, the token is called the Seasonal token.
Seasonal tokens were designed and created to provide stability to investors’ portfolios all year round. It’s a proof of work (PoW) consensus mechanism developed on the Ethereum network. The token consist of four (4) tokens namely: the Spring token, Summer token, Autumn token, and the Winter token respectively. They are designed to increase prices over one another in seasonal order.
The Spring token, the first among them to rise in price, followed by the Summer token, then Autumn token, and Winter token is the last in that order. Investors can buy and hold the Spring tokens and exchange them later to buy Summer tokens that will again rise in price in the nearest future, it goes in that order till Winter and starts another cycle again. By trading these seasonal tokens in orderliness, investors will end up having more tokens in their wallet more than what they start with after every cycle.
The key takeaway about these tokens is that their prices are correlative, the price of one token depends on another token. Demand and supply also influence the prices of these tokens as they affected other commodities too. Once in nine-month, mining of one of these token halves its production, it became the cheapest to mine and the highest in price, after another nine months, the next token halves its production and increase in market value it goes on and on. The market prices of these tokens largely depend on traders’ unpredictable behaviours. The pressure on these tokens' prices as a result of reduced supply (halve mining) to increased traders' demand will affect the prices of these tokens.
As of the time article, the Spring token is the cheapest to mine among the four tokens and the cheapest to buy and farm. But, by June 2022, the Spring token will halve its mining, its mining cost will increase and it will become the most expensive to mine. Four months later (October 2022) Spring token will eventually become a hot cake for farming. The next month (November 2022), the Spring token price will surely rise in price more than the Summer token price, the Summer token will now become the cheapest to mine and with low farming value.
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Market behaviours change according to the seasons that’s why knowing the future of the market makes it possible for smart investors to make wiser decisions. The project was developed to provide multiple investment opportunities to investors more than any other cryptocurrencies in the crypto space.
For more information:
Website: https://www.seasonaltokens.org/
Whitepaper: https://github.com/seasonaltokens/seasonaltokens/blob/main/whitepaper/whitepaper.md
Twitter: https://twitter.com/Seasonal_Tokens
DisCord: https://discord.gg/Q8XZgJEDD3
Reddit: https://www.reddit.com/r/SeasonalTokens/
Medium: https://seasonal-tokens.medium.com/
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Forum Username: Antonisee
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2118152
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