Glad to get your interest in SEED, the support for my initial idea was overwhelming so far.
Let me give you a few corrections to help you to understand better the value proposition:

SEED token is a centralized token created and issued by @empoderat, it has a total supply of 100,000. Currently I think the total circulating supply is 20,000 while the remaining 80% is locked away and will be released quarterly. So this means that the entire token is expected to be released in one year.

No lockups. The token is being exchanged atm for a fixed rate of 1:1 vs HBD. Regarding the max supply, I'm reserving the right to purchase 25K at the initial price as a 'founder benefit', but I'm paying for the tokens and locking HBD in the treasury like everyone else.

The day it was released, the price was expected to be $1 but I just checked the price on hive-engine and this is what am seeing.

WARNING. Don't trust the price on Hive Engine for now.

The sale price is 1$ (1 HBD) and you can redeem those seed for the same amount of HBD without penalty, so no need to buy/sell it on the open market.

The market will make sense in a later stage when there are no tokens left to issue and people want/try to arbitrage the market. SEED will always have a base value (which will hopefully increase over time).