Neoworld's double-layer pass desi

gn is really an eye-opener. At pre

sent, top-level pass Nash has formed a complete and complex closed-loop of token issuance, consumption, mineral pool return, and profit distribution, while the second-tier mainland pass RO has not yet designed a complete closed-loop. At present, token's output is also known as the distribution mechanism, but the consumption scenario, mineral pool reflux setting, dividend system, etc. are not yet clear. I believe that the subsequent version will gradually improve, and the construction of the pass-through economic skeleton of the Neoworld game will soon be completed. Today Iron man comes to talk about the secret of double-level proof

economic design.
1, solved the deflation problem of the certified token
Block chain projects have more or less proven deflation problems in token. In general, mining ponds are designed to decrease year by year, and it is more difficult to dig, and some even have a large number of destruction systems. This design has its reasons. It mainly creates an illusion of increasing scarcity. Supporting the valuation of the entire currency price is beneficial to the overall ecological growth of the project. But this is not the best approach, and it usually has a side effect, that is, the rapid expansion of the project economy, but the general deflation of the project leads to insufficient distribution of incentives, and if the currency price can not increase in inverse proportion to the degree of deflation, Then there will be problems.
An increase in token could solve the problem of deflation by increasing the number of project economies or business segments, but such random increases make expectations very unstable. If you use a double-layer certificate economic design to solve this problem to some extent, the number of token on the top floor is stable, giving a stable expectation, and each time you add some new economic volume or open new business sectors, you can conduct the transmission through the second layer of certificates. The transmission of inflation throughout the economy through the increase in the type and number of second-or even third-tier passes

2, solved the stability of the pass
A pass card usually has a variety of attributes. Equity attributes and currency attributes are the most important. For example, the currency is both a stock and a currency, and neoworld's Nash is also the same. Stock fluctuations are normal, but the currency is used as a payment medium. Too much volatility is always not a good thing. To a certain extent, it has prevented outsiders from entering the world, and even put people's main energy on fluctuating hype, deviating from the design intention of this kind of proof.
A stable and slow growth of general certification is very important for the entire project economy. The double-layer general certification economic design can solve the stability problem of this currency attribute to some extent, that is, stripping most of the equity attributes to sub-certification. In this way, the mother pass card is dominated by currency attributes, supplemented by equity attributes, and the child pass card is dominated by equity attributes and the currency attribute is supplemented. The mother pass card is responsible for stability, connectivity to the outside world, and the child pass card is responsible for fluctuations. Activate the interior.
Iron Man thinks that it is correct to maintain the stability of the mother pass card, that is, to allocate a certain proportion of the pass card from the total number of pass cards to protect the plate. Any economy is fragile, especially in the face of extreme situations and malicious attacks by opponents. Can not ignore it. The total laissez-faire of the market is a very idealistic and irresponsible performance. The explosion of the mother pass card will seriously affect the normal business of the project. Mother-pass certificates concern the safety of the entire economy, but sub-pass certificates can not be protected by the market.
3, solved the problem of insufficient incentive for late users of the pass project
The fact that the block chain project is too severe for early birds is particularly obvious. The advantage is that the project is cold and fast. This is also one of the main uses of token, but the disadvantage is also very obvious. It is that the user's motivation in the middle and late stages is insufficient, and it has become a pattern of cutting leeks. Although this is not the original intention of many project parties. The design of the double-layer pass card can solve this problem to a certain extent. The increase in the type or number of pass cards for each second child is a new opportunity and incentive for new users. If the project party adds some protection measures, then the middle and late project, It is possible for new and old users to compete in the same starting line to some extent.
4, solved the problem of the token distribution of complex business sections
There is a problem that has long puzzled me. For example, a good project such as D station, his business lines are very complex and there are many business sections. If they are all issued and consumed with a master certificate, there will be many problems. It is equivalent to giving each business section profit. Equal. This is very unfair to the good business sector. The profit model and profit margin of each business sector are different. The same currency also has this problem. At present, a total of 45 % of the rewards for the mine pool are all allocated for writing articles and likes. If the review area increases revenue, then it must be taken away from more than 13 million keys per day. It is very painful. Earnings from writing will plummet. If you add questions and answers, paid reading, and other content in the future, you will have to continue to take out more than 13 million keys per day. If token reserves enough pools, it will be good. If there is no reservation, it will be more trouble. Therefore, because different business sectors have different business models, profit patterns, and profit margins, designing several sub-certificates can solve this problem.
The economic design of double-layer pass certificate can be further optimized
The double-layer certificate economic design is very similar to the situation in which holding companies and subsidiaries in the stock market are listed at the same time. However, there will be a problem, that is, above the equity attributes, the mother pass card and the child pass card are naturally contradictory, natural conflicts of interest.
In the idea of Iron Man, the mother pass card should mainly reflect the currency attribute, and the equity attribute should be supplemented, while the sub-pass card mainly reflects the equity attribute and the currency attribute should be supplemented. Then the specific design above, must allocate the vast majority of equity value to sub-pass, or even all equity attributes to sub-pass.
The specific practice is that all sub-sector business income rights are all or most of the sub-sector pass. However, the mother pass card can be used to resolve conflicts of interest in part of the holding pass card. For example, the Neoworld game can distribute 90 % of the profit income of all businesses on each continent to the Mainland Certificate RO, and the remaining 10 % is allocated to the project party, mainly for employee wages and operating costs, without directly dividing any profits to Nash. However, in RO's token distribution method, it can be stipulated that 30 % of RO is attributed to the Nash holder, which is equivalent to 30 % of bash holding RO, so that it can avoid conflicts of interest(I guess the project Fangzai designed those profits to be central finance, It should be painful for those profits to be attributed to local finances.) The game profits were indirectly distributed to Nash. In this way, the master pass card is supplemented by equity attributes, and the sub-pass card is based on equity attributes.

To sum up, the double-layer pass-through economic design is really a great pass-through economic experiment. It is an evolution of the stock market holding system. Iron Man's research findings can summarize the following passage:
The mother pass card is dominated by currency attributes, supplemented by equity attributes, while the child pass card is dominated by equity attributes and the currency attributes are supplemented; The mother pass card is responsible for stability, connectivity to the outside world, and the sub-pass card is responsible for fluctuations and activation of the interior; The distribution of mother and child pass-through card benefits can be solved through the mother pass-through card holding part of the pass-through card.