Core Model

Core Model

Our token economy uses four (4) types of tokens:

• A Data NFT (dNFT) token for verification of identity and keeping track of permissions for personal data to be used in products,

• A Product NFT (pNFT) for every product that a group of data owners have committed to help create, sharded into shares given to the data owners (when speaking of these collectively we will refer to these as Self-Sovereign NFTs or ssNFTs), and

• A pNFT coupon that can be redeemed toward purchase of select PNFTs, earned from special Research Stake pools

• A utility token (RJV) for network members to transact with

Network members include data contributors of all sorts including app users, wearable and test companies, labs, clinics, pharmaceutical companies, and pharmacies/distributors.

The network is designed to be self-reinforcing, and entrepreneurs who buy the product NFT shards send tokens back to reward less risk-tolerant network members. Data contributors always retain a partial share and get paid at every sale of the end pharmaceutical product. A smart contract distributes the token proceeds of every drug sale to all of the product NFT shard owners, which they in turn can use towards deep discounts on expensive longevity treatments. NFTs will be built on both Cardano and Ethereum, but starting with Ethereum Layer 2 sidechain solutions as required.

• Each user is represented by their decentralized and sovereign identity

• This ID is linked to the set of data generated by a user. It can be health data or intellectual data products such as models. This data is to be wrapped in a secure manner to allow controlled access for the development of commercial products

• Products are then developed using data from different users, and we want to create a framework that allows us to quantify the relative contribution of each user to the development of the product, distribute future economic returns stemming from the use of the product based on each user's contribution, and commoditize this right by allowing sale and exchange of these product rights