Gearing up for @BosonProtocol v2 launch. Sneak preview of draft copy & sketches. Feel free to comment/suggest. A thread... 🧵
*Boson Protocol the universal settlement layer for commerce*
Tokenize, transfer and trade any digital or physical Thing as an NFT.
*Boson Protocol the universal settlement layer for commerce*
Tokenize, transfer and trade any digital or physical Thing as an NFT.
*Autonomous exchange, without intermediaries*
@BosonProtocol's core exchange mechanism automates the commercial exchange of digital to physical assets. No centralised intermediaries, just autonomous code on Ethereum. We call this decentralized autonomous commerce. #dcommerce
@BosonProtocol's core exchange mechanism automates the commercial exchange of digital to physical assets. No centralised intermediaries, just autonomous code on Ethereum. We call this decentralized autonomous commerce. #dcommerce
*Transaction assurance*
@BosonProtocol's dispute resolution mechanism uses game theory to incentivise fairness and automate the resolution of the main payload of disputes. Input the payment amount in crypto – and receive the physical asset or your money back.
@BosonProtocol's dispute resolution mechanism uses game theory to incentivise fairness and automate the resolution of the main payload of disputes. Input the payment amount in crypto – and receive the physical asset or your money back.
*Redeemable NFTs*
rNFTs can be thought of as forward contracts for any digital, physical or on-chain Thing, programmed within smart contracts. Having custody of an rNFT grants the holder the right to redeem the token for a particular Thing in an automated, reliable & secure way.
rNFTs can be thought of as forward contracts for any digital, physical or on-chain Thing, programmed within smart contracts. Having custody of an rNFT grants the holder the right to redeem the token for a particular Thing in an automated, reliable & secure way.
(Resurrected this classic 'red blood cell' description from our friend @trentmc0 @oceanprotocol
https://twitter.com/trentmc0/status/1225344200885121025?s=20&t=-WRWxg0-sNME49lZyJBTlQ)
*Digi-physical / phygital twins*
rNFTs users can tokenize any digital, physical or on-chain asset, as well as create phygital (digi-physical) twins or bundles. rNFTs can then be transferred and traded like any other NFT.
(We see huge demand for phygitals from big brands & #Web3)
rNFTs users can tokenize any digital, physical or on-chain asset, as well as create phygital (digi-physical) twins or bundles. rNFTs can then be transferred and traded like any other NFT.
(We see huge demand for phygitals from big brands & #Web3)
*Persistent provenance and royalties*
Boson Protocol rNFTs provide a verified trail of ownership and enable secondary market revenues for creators.
Boson Protocol rNFTs provide a verified trail of ownership and enable secondary market revenues for creators.
*NFTs with Superpowers*
Redeemable NFTs can be programmed for access only by wallets holding specific NFTs or having a minimum ERC20 balance. NFTs are thus equipped with superpowers via play-to-buy and hold-to-buy mechanics.
Redeemable NFTs can be programmed for access only by wallets holding specific NFTs or having a minimum ERC20 balance. NFTs are thus equipped with superpowers via play-to-buy and hold-to-buy mechanics.
*Everyone can trust*
@BosonProtocol is progressively decentralizing towards community governance via the Boson DAO. As a result, Boson aligns the incentives of buyers and sellers, and reduces platform risk for builders – creating a system that everyone can trust.
@BosonProtocol is progressively decentralizing towards community governance via the Boson DAO. As a result, Boson aligns the incentives of buyers and sellers, and reduces platform risk for builders – creating a system that everyone can trust.
*Anyone can use*
@BosonProtocol provides permissionless public infrastructure for commerce. Developers can build commerce apps that everyone can trust, and anyone can use, creating an open, liquid, digital marketplace for Things.
@BosonProtocol provides permissionless public infrastructure for commerce. Developers can build commerce apps that everyone can trust, and anyone can use, creating an open, liquid, digital marketplace for Things.
*Share in the value you create*
@BosonProtocol is designed so that all participants share in the value they create, with fees that are sufficient to sustain and grow the project, and with community governance to ensure that Boson remains minimally extractive, forever.
@BosonProtocol is designed so that all participants share in the value they create, with fees that are sufficient to sustain and grow the project, and with community governance to ensure that Boson remains minimally extractive, forever.
Okay. That's the first section. Lot's more to follow. countdown to v2...
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