We have 10 years to save our oceans. Every day, our seas decline in health due to pollution, warming, overfishing and habitat destruction. There's still time to save our seas, but we have to act now.
SEA is a blockchain project designed to feed organisations working to save our seas with financial resources, and to support the development of our environmental dApps. All transactions except buy orders on Pancakeswap trigger a 5% tax. 2% goes to our partners to fund their work saving our seas, 1% is locked into the liquidity pool, and 2% is shared out between all current holders of SEA - so you earn tokens just for holding, no farming necessary.
Our partners include Sea Shepherd, Oceanic Preservation Society, Coral Reef Alliance, 5 Gyres, GreenWave, FishAct, PADI AWARE Foundation and Gili Eco Trust - read the partners section for info on these incredible organisations. Additionally, a share of the funds goes to support new environmental research via our kickstarter platform, SEAstarter. SEA is good for our oceans, good for the planet, and good for your wallet. Read on to learn about our tokenomics, the amazing partners we work with, and how you can get involved.
As soon as SEA was deployed, 40% of the total supply, (80,000,000 tokens) was burnt. Why? So that a proportion of the 2% yield from every qualifying transaction is also burnt, resulting in an ever decreasing supply, and an ever-rising price floor. Wait, doesn't that mean one day there will be no more SEA Tokens? It's possible! But we calculate that this cannot happen before 2037. Long before then, we will have succeeded or failed to save our oceans, and our planet. We have just 10 years to turn things around.
Tired of paying gas fees and risking your tokens for small yield rewards? Keep your SEA tokens safe in your wallet, pay zero gas fees, and receive your share of the yield automatically every time a qualifying transaction happens! All you need to do is hold tokens, and you get paid - 2% is shared between holders. Sit back, and watch your SEA Tokens build.
We're putting 10% of the total supply into marketing and listing fees, to make sure SEA gets the exposure it deserves. We've locked 20% into liquidity for a year using Unicrypt - by the time it becomes unlocked, it will have been more than replaced by the 1% liquidity tax. We've burned 40%, to make SEA deflationary. The remaining 30% of tokens are locked in a 6-12 month vesting schedule, to fund the development and deployment of our dapps. By the time our dApps are deployed, 100% of the total supply will be owned by the community, with zero tokens held by the team.
The SEA project is run by SEA TOKEN CIC, a community interest company based in the UK. Our team structure is transparent, our accounts are public, and our progress as we work towards our ocean protection goals is well documented. Full details of the yield sent to the charity wallet, and how it is distributed, is available on this website at all times. You can check the list of charity fund distributions here.
The SEA smart contract was audited by Techrate - check the report here
The SEA team have worked, in various capacities and over a period of decades, with some of the most forward-thinking ocean protection organisations in the world. We work with these organisations in two ways: to provide funds, and to spread the word. Every month, the 2% taken from transactions is distributed according to which of our partners has priority needs that month. And when they need to raise the alarm about an ocean emergency, our community amplifies their message.
These are the brave organisations we work with - click their logos to check them out!
Founded in 1977 by Captain Paul Watson, Sea Shepherd's mission is to protect and conserve all marine wildlife. "At Sea Shepherd, we are bold because we must be. With innumerable marine wildlife species on the brink of extinction, the stakes are much too high to be timid. We are always on the front lines. We have successfully stopped poachers and habitat destruction in Benin, Ecuador, Gabon, Indonesia, Italy, Liberia, Mexico, Namibia, and multiple other countries."www.seashepherd.org.uk
The Oceanic Preservation Society is a California-based 501(c)(3) non-profit organization that promotes marine conservation and environmental protection by combating complex global issues such as biodiversity loss, climate change, illegal wildlife trading, deforestation, and unsustainable fishing through documentary and media. It was founded in 2005 by photographer and current award-winning Executive Director Louie Psihoyos and Silicon Valley entrepreneur Jim Clark.opsociety.org
The Coral Reef Alliance (CORAL) is a non-profit, environmental NGO that is on a mission to save the world’s coral reefs. We work collaboratively with communities to reduce direct threats to reefs in ways that provide long-term benefits to people and wildlife. In parallel, CORAL is actively expanding the scientific understanding of how corals adapt to climate change and is applying this information to give reefs the best chance to thrive for generations to come.coral.org
The 5 Gyres Institute is a leader in the global movement against plastic pollution with more than 10 years of expertise in scientific research and engagement on plastic pollution issues. Since 2009, the team has completed 19 expeditions, bringing more than 300 citizen scientists, corporate executives, brands, and celebrities to the gyres, lakes, and rivers to conduct firsthand research on plastic pollution.www.5gyres.org
Gili Eco Trust, an NGO based on Gili Trawangan, was founded in 2002 to protect coral reefs around the Gili islands from destructive fishing. The Trust has expanded its activities from marine conservation to waste management and sustainable eco-tourism. In 2004, Gili Eco Trust started the Biorock project, creating artificial reefs and restoring the natural habitat of thousands of fish.giliecotrust.com
GreenWave trains and supports regenerative ocean farmers in the era of climate change. They work with coastal communities throughout North America to create a blue green economy — built and led by regenerative ocean farmers — that ensures we all make a living on a living planet. To scale, GreenWave cultivates a "Regenerative Reef" model in new regions. From a climate perspective, thriving Regenerative Reefs provide impact at scale. Regenerative Reefs offer numerous downstream benefits ranging from sequestration of nitrogen and CO2 in ocean and land-based agriculture processes, rebuilding of coastal marine ecosystems, economic development, job creation and rebuilding of Reef ecosystems.greenwave.org
FishAct is a conservation movement of volunteers from all over Europe with the aim of preserving healthy oceans full of life. The voluntary fisheries observers, the Citizen Inspectors, go on undercover missions documenting and exposing illegal fishing activities in European fishing ports, markets and coastal areas. Over the years FishAct has run various investigations into illegal fishing activities in both the Baltic and Mediterranean Sea. Field research included e.g. monitoring of illegal bluefin tuna fishing in Croatia, tracking of illegal driftnet use in the Tyrrhenian Sea, dynamite fishing off Tunisia and deep-sea shark fishing and finning in Morocco.fishact.org
PADI AWARE Foundation is a non-profit public charity that drives global ocean conservation through local action. PADI AWARE Foundation engages divers and people everywhere to take conservation actions that heal and protect the ocean planet both above and below the surface, further elevating and supporting PADI’s vision to achieve balance between humanity and ocean. Backed by the power of the PADI® brand and supported by the world’s largest global network of 6,600 dive centers and resorts and more than 128,000 professional members worldwide, PADI AWARE Foundation leverages the collective influence of divers and the dive industry to address key threats facing the marine environment including climate change, marine habitat loss and vulnerable species protection.padiaware.org