Last updated
Last updated
These tokens are a version of a ERC-20 token or in other words they are fungible token See more info on wiki. They will be used for bidding on designs only (this will be both for bounties and bids, and for current designs and future designs).
So basically each design is a NFT (a non-fungible token that is it's unique) To buy the design you have to bid in these tokens that is the way it works. That is the only utility of these tokens.
First step is to get metamask crypto wallet, follow the instructions here: it will add the metamask extension to you browser, easiest way to get it is to install it using the google play appstore on a chromium web browser (I use brave, but many will work).
Then you have to add the MATIC chain to the wallet so that this will work, the MATIC chain is a L2 solution to the Ethereum network in particular it solves the scalability issue, meaning that transactions are fast and cheap!
Best instructions on installing the network are here:
Once MATIC and metamask are installed you know could get 3DR-D tokens.
There are three major ways to get these tokens as of now: They will be equally distributed at the beginning of every segment of time (a epoch will be defined later but a certain length of time we like to think of a complete single cycle) The amount of tokens distributed will be total amount of turnover last time / by the number of people in the ecosystem. To begin with every member of the ecosystem will get a equal amount that will be the first epoch.
In this manner everyone will get a equal amount to start off with.
The other way is by fulfilling bounties or by someone bidding on your system if that happens then the amount that gets transferred to you is yours and you can get or give as much as you like in the bidding process.
Finally it is possible to buy tokens on quickswap exchange with MATIC. ()
All of this is voted on by the holders of the tokens only they can change this process as well decide who to let into the ecosystem. So this means that if you want tokens you should join the ecosystem , during which point in time a vote will be held to let you join the ecosystem, should be a easy process, just make sure you have the steps above done, and have a valid MATIC mainnet public address ready so that we can give you!
Eventually this will be codified into solid code and will auto execute, you can still however always fork for a different version.
The goal of this system in the long is to be closed loop, so while some people might decide to trade them on a exchange that is not a official goal nor is it relevant, of course everyone will do as they please. These tokens will not originally be redeemable for any kinds of FIAT currency or crypto currency outside of this ecosystem, although one could do what they wish with it. The goal of these tokens is to be more similar to a internal incentive operating system and not a currency.
These tokens will be exchangeable and tradeable internally with the 3DR token (the central token see the wiki for more details) Which means that other trading pairs will include the Raw Materials token and the End Products tokens. Those tokens in return will be tradable for their respective items (Raw Materials Tokens with all raw materials, End Products Tokens with all end products) This way the ownership of the Designer tokens allows you to enter into the whole 3DR ecosystem, The import and export out and into the system, is a separate category.
All of these details can be changed by a vote of 51% of the tokens and all of this can be forked a infinite amount of times, all of the code is open source and as such multiple additions with multiple changes and different details can exist, but each chain is independent. So if someone doesn't like certain options or realities on one chain they can always move to another.