Seeding is to reward the creator of the post with some Eth, which also gives you a small percentage of whatever other people seed the post with afterwards (so, similar to curation here on Steemit, except people give a specific amount, not just their upvote "value").
Would you mind explain how this works? It sounds like people are actually sending you ETH but get back some from other senders.
That's pretty much how I understand it too.
Basicl'y a very small % of what is seeded (which is ETH) is distributed between those that have seeded before them, and the rest goes to the author.
Not too sure how much of an added incentive it is tough, given the seeded sums are quite small. My post is at 4$ seeded, and I hadput in 10$ as a bounty to reward interesting comments / test the bounty system for myself
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Ok thanks.
How does the bounty system work thou? Are you putting in 10$ of yourself and in some days you are giving them away to some commentators?
And what about the Seeds? Are the are helping you paying for the bounty or could you actually make money if people seed enough?
If people seed enough I earn the extra.
I actually didn't need to put a bounty on the post but I wanted to test out the system so I knew how it worked for the future.
The 10$ I put in were my own Eth which is now in the smart contract. Once the 5 days are up they'll be distributed to the top 5 comments, as determined by a popular vote (every commenter can vote for the comments they like. It's arranged in, if memory serves me right, a side by side comparison of 2 comments, where you upvote the one you liked best or skip to the next pair you haven't voted on yet)
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Ok thanks for the explanation. It sounds like a interesting concept.