Selendra is the brainchild of SmallWorld Venture, a venture seed funder based in Phnom Penh, Cambodia. SmallWorld Venture began in 2011 by providing a collaborative workspace for entrepreneurs and startups. …
With the advent of blockchain technology in general, modern man has crossed a next-generation digital threshold, with business application opportunities abounding for young, progressive entrepreneur developers on the cutting edge of this technology. The Selendra Blockchain Network provides exciting, new, practical solutions for:
A. Introduction Selendra token investors come in all sizes, both large and small, a globally diverse group of forward thinkers with interests in business, economics, and blockchain network development.
To embark on any ambitious project, initial seed capital is often needed, and initial token sales to early-stage investors help provide…
Whereas Bitcoin uses a half-life model every 4 years, Selendra (SEL) staking reward releases are distributed according to a declining 6% annual payout.
As per the graph below, during the first year of the initial network launch, approximately 5% of total staking rewards are released. During each of the following years, for the next 20 years, there will be an approximate 5 to 6% decrease in rewards payable from year to year until all rewards are distributed.
In the advancing world of blockchain application development, as our reward distribution cycle reaches full maturity, the Selendra reward schedule lays a solid foundation for first generation stakers and developers while continuing to reward the next generation. Selendra’s graduated decremental release method offers greater fairness for later-stage next-generation entrants as well as for early developers and stakers.
Selendra is a multi-blockchain nominated proof-of-stake cryptographic system built to facilitate micro-economic transactions. It is designed to be interoperable with other open blockchains and developable by developers and students with very minimal learning curve, and ease of use for end-users to interact and benefits from blockchain technology.
Selendra offers a dual token program; the utility token (SEL), and the stable token (RISE). SEL is primarily used for business and ecosystem application development, while RISE is primarily used for payments.
A. The SEL Utility Token, Supply and Allocation
SEL is Selendra’s native utility token which is used for: ●…