Disrupting closed platforms with open, liquid digital markets
AN OPEN THING ECONOMY
The world’s commerce infrastructure has been captured by monopolistic and extractionary e-commerce platforms. Decentralized commerce is an alternative, but existing solutions retain a platform design pattern.
This simply replaces centralized with decentralized technology — which in this context is less performant.
What is needed is commerce decentralized and rebuilt with the disruptive design pattern demonstrated by DeFi: an open tokenized economy.
In the same way that #DeFi is disrupting banks with money tokens flowing around an open tokenized money ecosystem, and Ocean Protocol is disrupting Facebook and Google with data tokens flowing around an open tokenized data economy.
BOSON PROTOCOL DISRUPTS ECOMMERCE PLATFORMS WITH THING TOKENS FLOWING AROUND AN OPEN THING ECONOMY
Each type of NFT commitment token can be purchased with a specific cryptocurrency called a Thing token. Because Thing tokens are standard (ERC20) tokens- think ‘generalized unisocks’, they can be transferred and traded using standard crypto infrastructure such as wallets and exchanges. Most powerfully, Thing tokens plug into DeFi infrastructure to enable liquid digital markets for any Thing. This includes using decentralized exchanges (DEXs) like Balancer and Uniswap to enable price discovery and yield optimization of existing products, and crowdfunding of future products via Initial Thing Offerings (ITOs).
Boson Thing tokens are fully interoperable and composable within the DeFi ecosystem which enables “liquid marketplaces of physical assets by enabling real-time discoverability, usability and payment .”
Can’t get enough? Read our entire Lightpaper:
https://docsend.com/view/p7g9u8d8wiwnf9jn
Let’s build an Open tokenized economy together.
- Find out more about us at www.BosonProtocol.io
- Check us out on Twitter.
- Join our Telegram discussions here.
- Want to dive deeper? Read our whitepaper.
Lastly, if you’re keen to venture down the dCommerce rabbit hole, please follow us here, on Medium. We will post frequently about our journey and would love to hear your thoughts!
