ERC777 RNT token

remuneration platform for free and open contents

a universal network and API for creation
subscriptions to pluggable services

full-featured VCS à-la git

open source & community driven

distributed & uncensorable

authorship-based authority

built on top of the pando network API

content / service specific

built-in economic model

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

No one can delete or restrict access to your content.

Earn authority over content with your actual contributions.

Keep track of each modification on each file.

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

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

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

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

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

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.

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.

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

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

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.

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

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.

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.

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.

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

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. 

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

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.

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 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 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.

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.

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.

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.

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.

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. 

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

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.

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

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

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

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