Imagination ThΓ©o Bondolfi, formalized with AI assistance.Learn more · Contribute
Imagination ThΓ©o Bondolfi, formalized with AI assistance.Learn more · Contribute
πŸ“Œ These four mechanisms together constitute the economic engine of WikiDeal Prototype 1. They are interconnected: changes to one affect the others. All are subject to community review via the Open Call process.

1. Participative Contracts (wiki-based, community-validated)

At the core of WikiDeal are Participative Contracts. These are open, transparent agreements, co-created and validated by the community, much like Wikipedia articles. They replace traditional opaque contracts, ensuring fairness and accountability in every Transaction on the platform. Community validation mechanisms, including voting and peer review, ensure that contracts evolve to meet the needs of all participants, fostering trust and shared ownership.

2. Credits Economy (Cash Credits (no guarantee*) + Miles Credits in Rings)

The WikiDeal ecosystem is powered by the Credits Economy, a multi-faceted digital currency designed for flexibility and community benefit. It comprises three main types of WIL:

This tiered system ensures liquidity, incentivizes community contributions, and supports diverse economic interactions, all while promoting transparent and fair value exchange.

3. Exit to Community (progressive transfer of governance)

WikiDeal is built on the principle of Exit to Community, a progressive model for transferring governance and ownership from the founding Ynternet.org Foundation to the collective of its User Groups. This ensures that as the platform grows, its direction and control increasingly reside with those who use and contribute to it. Mechanisms for this transfer include proportional voting rights tied to participation, community-elected governance bodies, and phased decentralization of decision-making power, guaranteeing WikiDeal remains a truly community-driven initiative.

4. Bonding Curve & Boost (dual algorithm for funding)

The financial stability and growth of WikiDeal are secured by a Bonding Curve & Boost dual algorithm. The Bonding Curve is a transparent, mathematically fixed mechanism that governs the issuance of Credits and their value, rewarding early adopters and ensuring predictable funding. The Boost mechanism is a dynamic adjustment layer that responds to the platform’s financial health, automatically recalibrating the distribution of newly generated Credits between community and individual rewards. This dual approach provides both long-term predictability and adaptive responsiveness, optimizing resource allocation while aligning incentives for sustainable growth and community benefit.