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Last active June 27, 2018 13:21
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rating_agency_scheme.md

Decentralized Rating DAO scheme (without the TCR)

Tokens

  1. Platform tokens - give power to govern the DAO, to add new projects to the high places in the list, to evaluate the rating (prediction).
  2. Reputation tokens - to set rating.

Users

  1. Reader. Reader can read any rating without paying.
  2. Project leader. Can add new project to the list
  3. Expert. Gets tokens as a reward for the project evaluation.

How to add the new project to the list?

We have 2 lists:

  1. "Evaluated projects" list
  2. "Waiting for evaluation by experts" list

Project can be added to the list at the position X by any token holder. Put nX tokens in the stake (returnable deposit) plus put Y = kX + Z tokens in the stake as a payment to the experts. Experts will check project starting from top to down.

Rating can not be bought.

Example:

  1. Current list of evaluated projects contains 10 projects
  2. Current list of non-evaluated projects contains 5 items
  3. To add new Project to the end of the list (#6) you will have to stake 0 tokens + pay 120 tokens to experts.
  4. To insert new Project to the #1 you will have to stake 100 tokens + pay 210 tokens to experts.

How to become an Expert?

  1. Start evaluating projects.
  2. Project are evaluated in 2 days

How Experts are rewarded?

  1. TODO
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