Blockchains require supply chains and supply chains require Land and Work. L0 uses legal code and computer code to fund, build and govern the Land and Work required to ensure its own existence.
Intro
Entry for https://Novo-Origo.Agora.xyz/rules
Blockchains require supply chains and Supply chains require both Land and Work.
"Layer Zero" uses blockchain and legally-binding Tokens to fund, build and govern the Land and Work required to ensure i's own existence.
1. Upgrades - Is there a credible path for protocol change that does not fall apart under stress?
Every Node is a "Full Node", so every protocol change becomes a permissionless fork.
Forks can never be stopped, but many will be ignored.
Each Node may support ANY or ALL or NO other forks.
Each Node may change support at any time, without warning.
2. Learning from History - Are there explicit guardrails against plutocracy, expert capture, and other well-known DAO failure modes?
There is no central authority and no human council.
This reference implementation is meant to inspire better forks.
The DA0 is a "Vending Machine" to interact with the Tokens.
3. On-chain vs Social - Is it clear what rules live on-chain, where humans must interpret?
Rules are enforced "by law", through the Tokens.
For example Contracts attempt to ensure every "pulls their own weight" and other Work-based issues.
Deeds attempt to resolve border disputes and other Land-based issues.
The DA0 tries to make it easy to REALLOCATE Deeds.
Tokens
- Coin - A "Money" limited by land. [FT]
- Contract - A commitment of future Work. [NFT]
- Deed - A proof of real Land ownership. [NFT]
- Ticket - A Claim on future Production. [NFT]
How are non-technical stakeholders included?
The DA0 assumes all stakeholders are non-technical.
Tokens must be:
- Human readable. No leagalse mumbo-jumbo!
- Legally Binding. We could do this all on paper.
- Machine readable. These are "Oracle" operations.
Buttons let you:
- Buy Coins (play "Number Go Up!")
- Mint Tickets (request future goods and services)
- Mint Contracts (define all the Work each Ticket requires)
- Mint Deeds (define all the Land each Ticket requires)
- Sign Contract (commit to specific Work in the future)
- Fulfill Contract (achieve that specific Work)
- Sign Deed (accept Land ownership at specific location)
A "Shared Map" helps you plan the "where" of Contract and Ticket fulfillment.
A "Shared Calendar" the "when" of Contract and Ticket fulfillment.
4. Longevity - Are incentives and processes defendably ready to survive decades, not only at genesis?
Node operations are incentivised by distributing Land ownership to those who Work to support Node operations.
Timeline
The DA0 sells Coins to buy Land outside of city limits.
The DA0 then vests that Land for the Work required to build a private city on that Land.
5. Compatibility - Is the design compatible with the constraints and properties related to
- Sybil resistance
Hmm, usually only Humans can fulfill Contracts, but robots will always be "catching up" so this will never be perfect.
- Issuance
The DA0 mints 1 Coin for each square meter of Land. The DA0 then sells those Coins to buy that Land. That Land is held under these Terms of Operation. Land slowly vests to those who Work or pay Profit.
- Burn
The DA0 cannot burn Coins.
Coins sent to address 0 are transfered to the DA0.
- Funding
Coins are sold to buy the Land and "startup supplies" required to begin the production required to eventually support all of those occupants.
The Space/Human ratio must be large enough to account for the surplus production which must be sold to Tourists for Profit.
This means each occupant must own more Land than they need to survive, and that surplus is sold to:
- Buy imports which cannot (yet) be produced on site.
- Increase vertical integration to reduce imports.
- Pay government fees, fines, licenses, taxes, etc.
- Pay traditional investors, if traditional investments were used.
See https://LinkTr.ee/earthChange
- Participation
Financial Participants
You may invest Money in 4 ways:
-
As a numismatist, you may buy Coins to play "Number Go Up!". There is no limit on the price you may pay or quantity you may purchase. Like Bitcoin, this Coin does not represent Land ownership and conveys no rights of governance.
-
As a Traditional Investor, you may offer Money in return for future Money. Returns come from renting or selling surplus to Tourists.
-
As a "rewards based" Crowd Funder, you may buy Tickets representing surplus future goods and services.
-
As a "equity based" Crowd Funder you may offer Money in return for future Money. That Money comes from selling surplus to Tourists.
Work Participants
If you sign a Contract, you earn a bundle of many Tickets.
This "Basic Outcome" allows you to Wash, Eat and Sleep before beginning work.
If you fulfill a Contract, you earn a bundle of many Deeds.
The kind of Deeds you earn are "backing" the Tickets you hold.
Tourist Participants
A Tourist is anyone buys or rents a surplus product, both occupants and outsiders.
As a Tourist, if you buy surplus (or receive it "for free"), you must immediately gain a tiny amount of UNALLOCATED Deeds of Land ownership.
A notice of Deed transfer must be part of the sales/donation receipt.
Some portion of Profit must enter a funding "pool" which grows until the DA0 can buy more Land without debt to ALLOCATE those Deeds.
To promote growth, sellers may REALLOCATE current Deed holdings to Land which has not yet been purchased.
This may cause those owners to increase Profit margins toward Land acquisition so they can move to a new place.
- Validators
Each Node is (only) a validator for the Nodes it trades with.
The only consensus is "local state" which may be shared with other Nodes.
You can view the full submission and its attachments on the contest page.