💰 token engineering

• lecture at edge city residency
• @mastercyb

• abstract

  • in this document
  • i propose blueprint mechanisms and token model
  • for solving major root problems of legacy societies

• tldr

  • problem	mechanism
    overpopulation	staking mechanism for residentship
    no collective insurance	capital driven basic income
    broken ecology	automated slashing driven by sensor network
    lack of freedoms	public good infrastructure owned by community
    inefficient public goods	advanced decision making

• mechanisms

  • staking mechanism for residentship
    • mechanism propose self regulation of density
    • overpopulation of certain areas is likely the biggest problem of our society
    • leads to inability of inhabitants to produce enough energy and food to sustain themselves
    • results in majority of problems including crime, poverty and modern types of slavery
    • residentship is granted for staking amount of tokens defined by community
    • amount is defined by community demand for density
    • the more demand for more dense residentship, the higher price of residentship
  • capital driven basic income
    • inflation flow to staking residents
    • this approach tackles issues of community insurance
    • remove necessity to inefficient forms of “free” basic income
    • guaranteed capital based income for all residents sets a flow on quality of life in different life situations
  • public good infrastructure owned by community
    • public goods such as roads, water system, data system and others
    • must be result of collective ownership, investments and management
    • all community services are paid in a token
    • token is burned on usage
  • automated slashing driven by sensor network
    • soil, sound, light, water and air pollution can be measured by sensor network
    • community define rules of slashing for pollution and misbehavour
    • sensor network slash stake of residents based on this measures and feedback from residents
    • approach remove necessity for enforcement system for the majority of cases
  • advanced decision making
    • is crucial for sustainability and growth
    • crowd investments is the key for efficient public good infrustructure
    • privacy of voting is vital for truthful decisions
    • quadratic voting scheme is needed for balancing outcomes
    • conviction voting approach is a good opportunity for in time decision optimization
    • yuma type of redistribution demonstrate amazing outcomes
    • its important that community iterate and constantly improve decision making

• token model

  • initial distribution: proportionally to land ownership on the start
  • mint: basic income defined by community. 0.01% on the start
  • burn: payments for services and infrastructure
  • lock: residency staking
  • pay: small community defined tax on every transfer. 0.1% on the start