SeekCoin Whitepaper
Introduction:
Seek Coin (SEEK) is a BP20 deflationary coin that is designed to serve as the primary cryptocurrency within the Seek Global Network (SGN) ecosystem. A deflationary coin is designed to decrease in supply over time, which means that the number of Seek Coins in circulation will gradually decrease as more coins are burned or destroyed. This is achieved through a mechanism called coin burning, where a certain percentage of the coins are removed from circulation, usually by sending them to an inaccessible smart contract address. SGN is a global platform that offers a variety of services, including online advertising, crowdfunding, and e-commerce. SEEK is the native cryptocurrency of the platform, and it is designed to be used as a means of payment, reward, and governance.