Social Tokens
A trustless token structure that allows for reliable tracking of attributes specific to accounts. The identification grade is key, with the main impact coming with trusted 1-to-1 identification. Tracking attributes to an account you can abandon and recreate is not the same as having something stick, although tokens could — and should — have a time limit.
Token Types
Section titled “Token Types”Layer 1: Peer-to-Peer Tokens
Section titled “Layer 1: Peer-to-Peer Tokens”These result from interactions between two involved and potentially biased or manipulative humans:
- “Mistrust” / Report Token: Negative signal indicating problematic behavior
- “Trust” / “Recommend” / “Like” Tokens: Positive signals on the same scale but with different weight (e.g. Trust → +3, Recommend → +2, Like → +1)
Layer 2: Verified Tokens
Section titled “Layer 2: Verified Tokens”A second layer of trust introduced by adding “checks” to the involved parties, which could lead to “balances” if the required conditions are met:
- “Checked” Token: An NFT signed by a checking 3rd party, containing information that was investigated. These should be able to be “cross-checked” by other involved parties.
- “Judged” Token: An NFT representing a vote for the applied balances. A randomly selected jury is rewarded to investigate the information.
Depth of Verification
Section titled “Depth of Verification”Depending on how “deep into reality” a written contract goes, the more difficult it will be to evaluate. Simple digital interactions are easy to verify; complex real-world claims require more elaborate verification processes.
Related Concepts
Section titled “Related Concepts”- Core component of Social Smart Contracts
- Feed into the trust mechanisms of the Trust-Based Social Network
- Enable reputation tracking in the QuestBoard
- Provide verification layers for Identity