Value Circuit

in #vermont7 years ago

A cyclical path traveled by value.

Money traditionally enables these exist with a caveat in recent centuries of being centrally controlled and printed on paper. This caveat enables the fourth property of money cited at “method of control”.

The opportunity provided by token economics breaks this fourth property by nature of decentralizing the capacity to issue currency

“system to participant to user to system, again.” With a trifecta of markets making up the linkage of the three components.

Systems provide a solution, service, and/or product. Markets lubricate each stage and find value through transparent and accountable books and contracts.

Upfront contracts define participant compensation, market decides value, systems incentivize participants with UBI (universal basic income) and open contracts which correlate their data with future value production and continual compensation relative to utilizers of data and other functionality generated by participants.

System perpetuates value creation through combination of contracts, token incentives, and solution/service provision.

This concept may be expanded on any mission to provide a model for building value and coalescing a body of participants into collaborative actions.