DigiVerse Economy
Digiverse’s value proposition is that entrepreneurs can fully capitalize on the economic interactions within the digiverse to create thriving virtual business.
To allow these economic interactions, digiverse must allow three things to be traded: currency, goods, and services.
Digiverse will integrate a core system that allows global, instant, and cost-effective payments between any two users using the DIGI token.
For services to be provided, we shall develop a framework that enables developers to program the interactions between users and applications as well as users to users. This framework shall run exclusively on the client side but allows for different data flow models: from mere local effects and traditional client-server architectures, to P2P interactions based on state channels.
Entrepreneurs will also benefit from the availability of fast, cheap micropayments, provably fair game, decentralized storage, and other features enabled by the advent of cryptographic techniques using blockchain-based smart contracts.
To foster the exchange of digital assets, economic incentives will be in place to ensure the continued creation and distribution of avatars, items, and scripts.
Because static content can be arbitrarily copied, the user experience should empower social agreements that recognize original creations. By implementing an identity system to establish authorship, users will be able to track and verify an author’s consent through cryptographic signatures.
The increasing adoption of cryptocurrencies creates the necessary conditions for the emergence of a decentralized metaverse platform like digiverse.
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