Benzinga 05
Seasonal Tokens: The Beginner's Guide to Crypto
Cryptocurrency is one of the most important technological developments in history. In just a few years, it has grown to rival the size of the most significant enterprises in the world. However, its adoption by the general public hasn't grown as rapidly as its market cap.
One reason for this is that crypto is not an easy concept to grasp. It has taken years for Bitcoin and Ethereum to gain the trust of investors, and there are literally thousands of other cryptocurrencies on the market.
The amount of information on the topic has grown to astronomical proportions, and the learning curve is so steep it prevents many people from approaching the subject.
The lack of crypto literacy is a problem that many projects face. For example, when we asked Seasonal Tokens, "What is the best way to explain your project?" The answer was quite simple: "Four copies of Bitcoin running on the Ethereum network."
That sounds very cool. But imagine if somebody doesn’t know much about Bitcoin or Ethereum?
On the positive side, playing around with Seasonal Tokens has helped many people understand the economic principles in Bitcoin’s design and the possibilities opened by the Ethereum Virtual Machine for creating a whole crypto ecosystem.
But you don’t need a degree in computer science to operate your smartphone, so what's the problem with cryptocurrency?
The fundamental difference with crypto, compared to other technologies, is that in crypto, you are solely responsible for whatever happens. If you lose your private keys, forget your password, or send crypto to the wrong address, all of that can immediately destroy your wealth.
If you are careful enough to avoid these intrinsic dangers of crypto, then you face another level of dangers: scammers, rug pulls, bear markets, panic selling, front running bots, and if you want to trade, fear, greed, and ambition will likely lead you to make all the wrong decisions.
Or you might simply hit the “Sell” button instead of the “Buy”...
Seasonal Tokens has become an easy entry point into the crypto world, allowing participants to experiment with different aspects of cryptocurrency in a hedged environment designed for risk management.
For many users, Seasonal Tokens has become their beginner's guide to crypto, providing an experimental setup where you can see Bitcoin’s economic principles at work in a closed token ecosystem running on Ethereum’s decentralized virtual computer.
For this reason, Seasonal Tokens has developed this educational platform to explain the very basics of Bitcoin and Ethereum in a fun and entertaining way:
www.thebeginnersguidetocrypto.com
Although it was designed to help Seasonal Tokens investors understand the workings of the system, it is of general interest, open to the public, and free. After all, if someone understands a bit about Bitcoin and Ethereum, they may see the value in four copies of Bitcoin running on the Ethereum network!
If you know someone interested in crypto but doesn’t know where to start, this beginner's guide to crypto is a good starting point.