Monday, 31 January 2022 02:05 PM
Company Update
NEW YORK, NY / ACCESSWIRE / January 31, 2022 / OneSeed team is happy to introduce its platform, the first Web3-Driven decentralized password manager, as it attempts to put security risk at rest. While the password manager is still in the development phase, the team is offering a staking platform to invest in the project's ideas, and in turn, earn daily returns by staking your OneSeed Tokens (SEEDs).
The SEED Token
SEED is the project's utility or native currency. It has different use cases, including rewarding stakers on the OneSeed network. Token holders will also be able participate in the governance structure of the project.
OneSeed Password Managers
Password manager on Web 3.0
OneSeed will run on the ERC-20 protocol, providing users with the highest level of ownership and security of their data. However, in the future, the team will develop its contract on this chain (known as OSC20), which will meet all known security requirements.
Anti-monopoly & Privacy
OneSeed will not act as a middleman or intermediary. The team will only manage the development of the platform and would not & cannot interface in how users interact with the platform.
Data Ownership
Data ownership is critical in today's ever-busy and dynamic business world. OneSeed users will truly own their data and will have access to private keys to decrypt the data at any time; plus, the platform can be verified as long as you are connected to the internet.
Interoperability & Ubiquity
OneSeed will operate 24/7 without any restrictions even if the website is shut down. Plus, no payment is required to access or view your data.
Staking With OneSeed
OneSeed staking feature is active, allowing users to generate revenue with their SEEDs at the rate of 200% APY.
The staking rewards will be distributed to eligible users every 24 hours. The staking percentages will also be reduced every day by 0.1%. Users would have the chance to freeze their holdings to increase their returns.
Affiliate Program
OneSeed offers a user-friendly affiliate program. In the program, users will receive 5% of the daily reward the referrals receive. In other words, if your referral stake 1,000 tokens, you will earn 0.15 tokens, being the 5% of the 3 tokens received by your referrer. You will continue to earn 5% of your referrer's rewards everyday as long as the referrer keeps an active amount in his/her staking platform.
About OneSeed
OneSeed will be the world's first decentralized password manager built using DApp technology. While the project is still in the development stages, the team is leaving no stone unturned in a bid to launch OneSeed in 2024. At its core, OneSeed will offer the safest and easiest way for businesses, teams, and individuals to share and store their passwords and other sensitive data on the blockchain.
With OneSeed, users will be able to safely store their credentials, ID information, credit card information, and other information data on the blockchain and, in return, get a private key to unlock it. The process will be simple and straightforward; all users will be required to connect their digital wallets to the OneSeed platform.
Before the launch of the Password Manager, investors can invest in the project to help the team with speedy development.
Media Contact:
Company: OneSeed
Contact Name: Chubs
Email: [email protected]
Website: https://stage.oneseed.app/
Whitepaper: https://stage.oneseed.app/static/media/oneseed-whitepaper.3f7ca590.pdf
SOURCE: OneSeed