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@johngrantuk
Last active October 12, 2017 13:48
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Grid+
Question BOLT GRID
Is the token tied to a product usage, i.e. does it give the user exclusive access to it, or provide interaction rights to the product? Yes, Provides access to Grid+ energy. Yes, 1 GRID token = 500 kWh at the wholesale price.
Does the token grant a governance action, like voting on a consensus related or other decision-making factor? No No
Does the token enable the user to contribute to a value-adding action for the network or market that is being built? Yes, Selling generated electricity on a p2p network. No
Does the token grant an ownership of sorts, whether it is real or a proxy to a value? Yes, Ownership of energy. Yes, Ownership of wholesale energy.
Does the token result in a monetizable reward based on an action by the user (active work)? Yes, Any revenue earned by a customer from selling electricity is earned in BOLT tokens instead of fiat and is stored on the Agent. No
Does the token grant the user a value based on sharing or disclosing some data about them (passive work)? No No
Is buying something part of the business model? Yes Yes
Is selling something part of the business model? Yes No
Can users create a new product or service? No No
Is the token required to run a smart contract or to fund an oracle? No No
Is the token required as a security deposit to secure some aspect of the blockchain’s operation? No No
Is the token (or a derivative of it, like a stable coin or gas unit) used to pay for some usage? Yes, Pay for used electricity. No
Is the token required to join a network or other related entity? Yes, Can't join Grid+ network without token. No
Does the token enable a real connection between users? Yes? Allows p2p payments between users. No
Is the token given away or offered at a discount, as an incentive to encourage product trial or usage? No Yes, I think it incentivises people to start using Grid+.
Is the token your principal payment unit, essentially functioning as an internal currency? Yes No
Is the token (or derivative of it) the principal accounting unit for all internal transactions? I think this is a yes although it may be kW instead. No
Does your blockchain autonomously distribute profits to token holders? Yes, Agents are automatically updated. No
Does your blockchain autonomously distribute other benefits to token holders? Yes. Also possibly Casper, etc? No
Is there a related benefit to your users, resulting from built-in currency inflation? No No
Total 13/20 4/20
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