Skip to content

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.

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)

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.

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.