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TOV Protocol

A community building tool that implements a Universal Dividend monetary system as a tokenomics framework and Web of Trust as a knowledge graph of the community.

TOV Protocol

Created At

HackFS 2024

Project Description

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.

How it's Made

This project uses the following concepts:

  1. Relative Theory of Money as a Tokenomics Framework
  2. BABE block product + GRANDPA finality as the consensus mechanism of the blockchain
  3. Web Of Trust framework to define the "community" at a given point in space and time
  4. Intersectional Social Data as a framework to store identities and create mutual contracts
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