P A N D O

THE INFRASTRUCTURE FOR DISTRIBUTED CREATION

NETWORK

Starting point

The problem

Everyday, hundreds of millions of people collectively produce and share creative contents on the Internet: software, music, video, picture, book, comic, etc.

This worldwide creative factory faces three majors problems.

The internet factory ...

... is broken

TECHNICAL AUTONOMY

"Right now, the web is in the dark ages.  

We put up data and it erodes and disappears, whether we want it to or not"

"Decentralized organizations change our relationship with governance: from something that is imposed upon us by others, into something we choose to opt into. Where we are equally serving and served, rather than just serving."

"Adding a work to the commons is a huge gift, but contributors get very little in exchange,

— no feedback, no analytics, not even a “like” or a “thank you."

Kyle Drake - Founder Neocities

Luis Ivan Cuende - CEO Aragon One

Ryan Merkley - CEO Creative Commons

ORGANIZATIONAL AUTONOMY

ECONOMIC AUTONOMY

The Pando Network intends to redistribute creation through decentralized infrastructures and blockchain incentives to give back autonomy to creators and contents.

the solution

our stack

 1. PANDO PROTOCOL

A DISTRIBUTED VCS BASED ON IPFS AND ARAGON OS

2. PANDO NETWORK

ERC777 RNT token

remuneration platform for free and open contents

a universal network and API for creation
subscriptions to pluggable services

A NETWORK OF PANDO REPOSITORIES WITH EXCLUSIVE FEATURES

full-featured VCS à-la git

open source & community driven

distributed & uncensorable

authorship-based authority

3. DAPP LAYER

ORGANIC ECOSYSTEM GROWTH

built on top of the pando network API

content / service specific

built-in economic model

PANDO PROTOCOL

LAYER 1

BACKED BY A GRANT OF THE ARAGON NEST PROGRAM

THE PANDO PROTOCOL

I cannot contain my excitement about this. One of the best uses of aragonOS that I have seen. Git repos controlled by DAOs!!! 🔥 🦅 “

Luis Ivan Cuende - CEO Aragon One

Pando : a decentralized versioning system

TURN EACH REPOSITORY INTO A DAO

IMMUTABILITY

Content and data stored and replicated over IPFS. Access control enforced on the ethereum blockchain.

UNCENSORABLE

No one can delete or restrict access to your content.

CONTRIBUTION-BASED AUTHORITY

Earn authority over content with your actual contributions.

HISTORY TRACKING

Keep track of each modification on each file.

INFLUENCE TRACKING

Keep track of every inspiration, dependency or fork parent as an influencer of your project.

Pando : a decentralized versioning system

TURN EACH REPOSITORY INTO A DAO

A CONTRIBUTION LEDGER

Each time a snapshot is pushed in a project both the snapshot and its author are recorded on the blockchain. Every contribution is thus linked to an immutable author.

 

CONTRIBUTION VALUATION

The value of each contribution is quantified through weighted votes from all the other contributors. Each author is thus granted a given share of authorship on the content.

Authorship-BASED AUTHORITY

Authorship grants authority to weight in governance decision: which snapshot should we  merge, which share of authorship should grant to it, how to use the DAO's funds, etc. Thus, authority can only be gained through actual contributions - and cannot be bought.

Pando : a decentralized versioning system

TURN EACH REPOSITORY INTO A DAO

Influence tracking

Keep track of each dependency, inspiration or ancestor as a influencer.

SHARE AUTHORITY WITH INFLUENCERS

Grant authority to any dependency, inspiration or ancestor to build upon legacy and share possible successes.

FINE-GRAINED openING policy

Fix as a repository parameter the minimum share of authority you claim over your forks.

Set partnerships

Set partnerships between repositories to let authorship / authority flow from one repository to another.

PANDO Network

LAYER 2

PANDO Network

A PLATEFORM ON TOP OF PANDO OFFERING EXCLUSIVE FEATURES

OPEN ACCESS REMUNERATION

Contents can gain income through regular sells. But one can also choose to keep contents free and open and still gain an income through our homemade crypto-primitive.

Authorship remuneration

LEVERAGE NETWORK EFFECTS

Our platform expose an API to bridge contents and  ÐApps: universal database, contents tagging, cross-repository reputation layer, etc.

Each time a content gains income contributors get rewarded up to their authorship share - i.e. up to the value of their actual contributions.

INFLUENCER remuneration

If forks or contents built on top of a another gains income, parent contents gain income too.

PLUGGABLE services

Subscribe to exclusive services plugged into our network:  private repositories, continuous integration, etc.

THE PANDO NETWORK TOKEN

A token DESiGNED to drive creation

the PANDO network token

The Pando Network will rely on its own ERC777 token called the Pando Network Token: PNT.

All transactions in the network - content consumption, services subscription, contributors remuneration, etc. - happen in PNT. It will also be tradable on secondary markets.

 

Monetary POLICY

PNTs will be minted and distributed to content creators according to a value-signal: see the following slides for more details.

inflation control

Each times PNTs are used in a network internal transaction - value-signal shaping, services subscription, etc. - they are kept in a network-wide reserve pool. The Pando Network DAO can thus decide what to do of these tokens: burn them, spend them, exchange them, etc. This mechanism enable the enforcement of a network-wide monetary-policy.

“ The PNT is designed for creators. It belongs to contributors. That's why PNT holders should decide of the Pando Network monetary policy.

Alexandre Rouxel - Project Manager Pando Network

REWARDING CREATORS

GET PAID FOR YOUR contributions

NO INTERMEDIARY, NO FEE

REWARD CONTRIBUTORS

Each time a content gains PNT income, it is shared between all contributors according to their respective authorship share - as tracked by the pando protocol.

REWARD INFLUENCERS

Each time a content gains PNT income, it is also shared with all its parent repositories, inspirations, dependencies, etc. according to their respective influence share - as tracked by the pando protocol. Thus, if a child content succeeds, its parents succeed too.

The Pando Network takes no fees on transactions. If one pays 10 RNTs to access a content its creators earn 10 RNTs.

CONTRIBUTION INCENTIVIZATION

If one wants to incentivize a particular contribution, they can also reward it in RNTs through a direct payment or bounty mechanism.

REWARDING CREATORS

CREATE AND SHARE VALUE

EASY TO USE

Our embeddable widgets will allow anyone to stake, on any website and with a single click, on the futur success of any content - thus contributing to quantify its value. 

TURN beliefs INTO VALUE

Each time a content gains belief from the crowds PNTs are minted according to this belief to reward the content.

THE USE OF CURATION MARKETS

To quantify the belief crowds put in a content, the Pando Network rely on a homemade curation market mechanism: a stake-sensitive curved bonding primitive - see next slide for details.
This primitive will allows us to turn everyone's belief toward a content into a way to actually quantify the value of this content.

AN INCOME FOR FREE AND OPEN CONTENTS

Contents can gain income through regular sells on the market. But the Pando Network also provides creators an exclusive way for free and open contents to gain incomes.

“The value of a creative content is nothing but the sum of the beliefs people put in it.“

Olivier Sarrouy - Tech Lead Pando Network

REWARDING CREATORS

THE PROBLEM OF VALUE QUANTIFICATION

HOW TO QUANTIFY THE VALUE OF a CREATIVE CONTENT

The Pando Network thus needs a way to quantify the value of free and open contents, whose value, by definition can't be discovered through the market.

The mechanism we designed to quantify the value of free and open contents rely on the following axiome: the value of a creative content is nothing else but the encounter of the expectations crowds put in it.

THE USE OF CURATION MARKETS

the problem

The Pando Network intends to incentivize and reward free and open contents. However distributing tokens to any such contents would be pointless: inflation would make our token worthless and of no use for content creators.

Simon de la Rouviere - UJO Music

We designed a specific curation market mechanism to quantify the expectations crowds put into a content. ​This mechanism will allows us to turn everyone's expectation toward a content into a way to actually quantify the value of this content.

"Curation Markets is a model that allows groups to more effectively coordinate & earn from value they co-create around shared goals"

STAKE-SENSITIVE CURVED BONDING CRYPTO-PRIMITIVE

WARNING: TECHNICAL CONTENT

Each content is linked to a specific « token » which is not meant to be exchanged on secondary markets: a bond. This bond is bought and sold through a special « curved bonding » smart contract deciding on its price.

The price depends of two parameters: 1. a buying parameter: the period during which one accept to stake the bonds they buy and ; 2. a general parameter: the actual supply of bonds. These parameters influence the price of the bonds as follow: 1. the longer one accept to stake their bonds the more bonds they got for a given cost and ; 2. the more the bond supply grow the more its price rise.

CURVED BONDING

Quantifying expectations

Buying bonds is a bet on the future success of a content. Moreover, staking bonds for a longer period of time is a signal that one believe in the long run success of a content. The supply of bonds, which is both a function of the overall costs spent to buy bonds and of the average staking period, is thus a good indicator of both the intensity and the quality of the belief crowds put in a content. Our reward engine rely on this signal to quantify the actual value of a content a mint new tokens to offer it an income.

The more people bet and the longer they stake their bonds, the more they believe in the value of a content.

The actual supply of tokens is therefore the signal of a belief in the future success of content which allows to assess its value.

ÐAppS

LAYER 3

The ÐAPPS layer

A layer opened to one's proposal of collaborative Ðapps

Creation is a complex process: one don't make a movie like one write a book or develop a software.  Our ÐApp layer will allow for an infinity of specific and dedicated ÐApps to get built on top of our plateform.

Imagine your creative Ðapp

All ÐApps relying on our plateform will share a common and interoperable database: import a song produced in a music-dedicated ÐApp into a movie-dedicated ÐApp and share authorship, rights and income. 

Build bridges between mediums

The Pando Network is also a social one. Follow polyvalent creators across different ÐApps and track which contents they contribute to.

Build links between creators

Most blockchain platforms come with their own token without worrying about the financial support ÐApps built on top of their token will also need. We are amongst the first to introduce a sustainable financial support for ÐApps builders. Each time a content produced through a given ÐApp gains an income, the ÐApp gains income too.

Ðapp building incentivization

Upcoming ÐApps

A list of Ðapps under development

A ÐApp dedicated to collaborative writings. Already working with some major Sci-Fi authors to experiment the futur of literature.

Wespr

A GitHub-on-Steroid ÐApp dedicated to Open Source Software.

Pandohub

Nolwenn Jollivet - Strategy Lead Pando Network

"The ÐApp layer on top of the Pando Network is a call to the blockchain community, but also an invitation towards today's creators who wish to build tools belonging to their users."

A gdoc-like writing ÐApp to share authorship over standalone writings: DAO proposals, white papers, etc. 

writehub

Exclusive partnerships for a news-focused ÐApp and a documentation focused ÐApp.

To be announced

Technical lead

OLIVIER SARROUY

Project manager & partnerships

ALEXANDRE ROUXEL

Chief operating officer

NOLWENN JOLLIVET

Strategy lead

CEM DAGDELEN

Research & community

DANIEL SHAVIT

Chief redactor & communication

THIBAULT BOIXIERE

Pando Network

By ryhope

Pando Network

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