I can't believe the bad advice flying around here...
Sure, I can believe that people have successfully used FFOF to start seeds without burning them. Although I do have to wonder whether they did in fact use it entirely alone, and what exactly their germination/survival rate was, and whether they flushed a lot of the nutrients out somehow. I have started seeds in Ocean Forest (+ coco coir) myself when I lacked the awareness to check ingredients; seeds sprouted, within a week they showed signs of burn and the majority shriveled up and died. The ones that did survive were more difficult to maintain and didn't grow/finish to their full potential.
At the very least it is something of a waste. Because, assuming you don't actually loose any seedlings: they're not going to utilize those nutrients very much, if at all. Chances are you will just end up washing a lot of that fertilizer away during those first couple weeks, since the seedling doesn't really have the roots to absorb anything (nor any real need to) until then.
Overwatering? lock-out? deficiencies?...fungus?! I doubt it is any of these things. Plants will show you when they are over-watered when their leaves sag and you know the soil has been soaked for days at a time. Deficiency isn't likely at all for a plant that isn't over two weeks old and still has green cotyledons; FFOF certainly isn't deficient in anything and that includes magnesium or calcium (which is present in earthworm castings and the oyster shell). Lockout would present various odd deficiencies, which a seedling shouldn't be exhibiting...and this doesn't occur when the pH is 6.5.
I would never put hydrogen peroxide in my soil or use pH UP or pH Down. These things are totally unnecessary. Some people do use hydrogen peroxide to keep things sterile, and correct over-watering or give the roots an oxygen boost. This is not a good thing to do when you are using a soil like Ocean Forest. Ocean Forest contains living organisms, as it is supposed to. There is mycorrhizal fungus and all sorts of other beneficial microbes present in this soil that you will be killing if you use hydrogen peroxide and even ph UP. If this is what you want to do, then you are wasting your money buying Ocean Forest to begin with.
I am one of those people who believes (knows) that pH UP and DOWN are not required for organic soil growing...it is an added complication and- in the case of pH UP, potentially detrimental. Don't let your plant(s) form the symbiotic relationship with mycorrhizae and other microbes: which help to break down nutrients and balance uptake, as well as regulate the pH for you- if you're just going to kill them off.