TOV Protocol

Screenshots

Problem Statement

This project aims to utilize "Relative Money" as a universal value measurement inside an economic zone as a tokenomics framework for blockchains. The idea is to prove that this framework is the only "fair" means of value measurement in today's economy. It also aims to showcase how we can leverage this measurement and extend it to identify citizens in the economy who provide the most value to society using concepts such as Web Of Trust and Intersectional Social Data.

Solution

This project uses the following concepts:Relative Theory of Money as a Tokenomics FrameworkBABEblock product +GRANDPAfinality as the consensus mechanism of the blockchainWeb Of Trust frameworkto define the "community" at a given point in space and timeIntersectional Social Dataas a framework to store identities and create mutual contracts