What Exactly Are Seeds and The Force?

Today, let’s take a look at what the seeds and the force that will be opened on Biswap are, and what can we do in the future?

Biswap?is about to start

Biswap is a decentralized DeFi application officially deployed by FAB. It is similar to Uniswap and Pancakeswap, but has great advantages.

1. Biswap will implement all the functions on Uniswap and Pancakeswap.

2. However, Biswap will realize the liquidity of connecting assets between different blockchains, so that users will not be unable to operate due to different chains, just like in the current custodial trading platform. The core value for users is to meet the bottom-level needs of encrypted users – assets on different blockchains can be exchanged without barriers.

3. The opening of Biswap has provided important financial support for FAB to build the metaverse and laid a solid foundation.

4. Various ecological applications based on the FAB public chain will show a blowout development.

5. The opening of Biswap provides a lot of liquidity for 100 million currency transactions.

What are seeds and the force?

Let’s take a look at the official explanation: First,?In order to promote the rapid growth of FAB blockchain and ecological application community, FAB officially planned the [Force Community] construction plan (Chinese name: The Force, English name: MetaForce). The Force Community is officially designed by FAB with an overall open architecture, and a vast community construction project involving multiple third-party projects.

The purpose for which the project was designed：

Allow participants to quickly generate benefits, obtain long-term return opportunities, provide convenience for participating projects to quickly enter the blockchain field, and provide a solid foundation for various enterprises and individuals in the whole society to establish a new economic model in the era of decentralization

Official main structure：

FAB basic blockchain, KanBan, decentralized exchange Exchangily, decentralized exchange Biswap, NFT trading platform CollectionGala, decentralized payment system (7StarPay) and other payment systems, MadEarn and many other open e-commerce platforms, go Centralized supply chain system (not yet open), general Dapp interface, etc.

Unique Design：

Seed (SEED), Force Token (FET), Project Token (Token) (multiple), Strength Token (SET), Node NFT, and other multi-level value or equity systems. Except for the third-party project token, the above-mentioned tokens only refer to the token generated in the FAB ecosystem by the official definition and have nothing to do with the token of the same name in other ecosystems.

Business Operation Logic:

1) From FAB/EXG -> SEED -> FET -> project token -> SET -> NFT as the main line of the token process;

2) A value model system based on payment networks such as 7StarPay and transaction systems such as Biswap;

3) The network infrastructure with the recommendation relationship as the core.

4) Landing applications including payment, physical stores, e-commerce, games, etc.

The FAB project party only provides architecture, infrastructure, or technical support, and does not sell Tokens (referring to SEED, FET, SET, but membership is excluded), all of which are delivered to participants by airdrops, rewards, or other means.

FAB officially only provides technical support for participating third-party projects and does not assume any responsibility for the legality of the project, the way of token sales or distribution, and the governance model. It is up to community members to decide whether to participate in a certain project, which has nothing to do with FAB officials.

The Business Logic of The Seed and The Force

In fact, the main business logic is very simple:

1. All new and old holders of FAB coins can participate in the lock-up and receive seeds (SEED) from the airdrop.?Currently, 10,000 FABs can be locked to get 1 seed, and 200,000 EXG can be locked to get 1 seed. You can lock at least 100 FAB and 2000 EXG, and you can adjust your lock-up amount at will, as long as the minimum amount is reached.

2. After Biswap is opened, you can pledge the seeds (SEED) in Biswap to obtain the Force Token (FET), which is similar to liquidity mining.

3. By pledging the FET obtained by the pledge, you can get the token of each project party. With these tokens, you can participate in the ecology of the project party. For example, a chain game developed based on FAB, the project obtained by FET pledge The Token is similar to the original Token at the beginning of AXIE. You can use the Token of this project to play games, buy various equipment, props, skins, skills, etc. Alternatively, you can hold the currency until it rises, and then take action depending on the situation.

4. The following power strength Token (SET) and node NFT are also similar logic. The purpose is to stimulate the community, promote the prosperity of the project party, and contribute to the development of the overall FAB public chain. We will also explain in detail in the later stage of SET and NFT.

5. The network infrastructure is centered on payment networks and recommendation relationships such as 7StarPay. The 7Star payment network already has a rich reward system. The seed and force combined with the reward system of 7Star Payment will have a greater development.

6. The value model system of the Biswap trading system, Biswap provides strong liquidity for the transaction of each token (Token). After reading our previous article explaining the principle of swap, it is not difficult to find the power of swap. Biswap completely breaks the boundaries between various public chains, so that different public chain Token assets can be exchanged without barriers.

Release of Seeds and the Force

1. The total number of seed tokens issued is 10,000

2. The total amount of Force Token issued is 21,000,000

How is the project progressing?

Project start-up process:

1. On July 18, 2022, the locked FAB or EXG airdrop seeds will be launched (already opened);

2. On August 1, 2022, the dual-currency pledge of SEED/USDT on Biswap will be started, and the FET will be airdropped;

3. The start time of each project shall be determined by the project party;

4. The SET airdrop will be launched on July 1, 2023.

5. All information is subject to the official website announcement of FAB, Exchangeily, 7StarPay, and Biswap.

In the decentralized blockchain world, users will not be privately owned by the platform. Whoever can provide better services and who can innovate on the existing basis will be able to stand out and gain traffic.

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And check out our websites?

Fabcoin.co for FAB official website and Whitepaper

exchangily.com?for your crypto and digital asset trading needs

7starpay.com to learn how you can turn your consumption into investments

collectiongala.com to buy, sell and discover NFTs?