DistributedTown is a network of interconnected, self-sovereign communities – that lets anyone join an existing one, or create their own based on a mutual credit system, to switch from a system based on Money, to a system based on Value.
Beta - working version or MVP
DistributedTown is the new standard for Collaborative Economics. We are building a Network of interconnected, self-sovereign Communities. It allows anyone to join or create their own - and it's based on DiTo mutual credit & a universal login called SkillWallet ID. At the launch, we'll be ready to onboard any type of community - spacing from a 3-member Web3 team who need to optimize their tasks to local neighborhoods that need to achieve self-sustainability and mutual support. It also builds over the pioneeristic model of Quadratic Funding, using our Proof-of-Contribution & DiTo Continuous funding model to solve crippling issues such as Pool Manipulation and Sybil Attacks. These 3 aspects combined creates the solid foundation for a non-speculative, 100% pseudonymous network for the real-world. Where real people are represented (and rewarded - in UBI fashion) based on their actual skills, merit and contribution to their community, and the network at large. Allowing a more independent, free society, where bank accounts, passports, résumés and bureaucracy are useless by design.
The system allows a meritocratic, contribution-based Universal Basic Income (UBI) on a global scale. It's also proved mathematically, to make sure that collusion or multiple identities are impossible.
Social distancing forced people to find alternative ways to communicate, collaborate and work together. Unfortunately, though, existing DAO platforms still suffer from: 1)Poor UX, that makes it hard for off-chain users to join and get active in a community 2)Generalized purpose. This forces individuals and groups to adapt to the platform, rather than empowering them to achieve their goals. 3)Speculative currencies, that encourages short-term individual profit and selfish behavior, rather than collaborative problem solving and mutual support This makes it hard for community members to support each other in simple, everyday situations – as well as breaking larger, multidisciplinary projects down to smaller tasks in efficient way.
Our platform uses 3 different blockchain protocols, and it integrates 5+ blockchain tools. It's 100% crypto-native and decentralized.
Alessandro Perico Milena Monova Lorenzo Bersano
Alex P. - Protocol Design & Product Management
Self-funded so far. We won a couple of small monetary rewards (tot.: less than 3.000 USD). We are going to start our Seed funding this upcoming week (190-240.000 USD)"
Our team has more than 20 years of relevant experience combined, and in just 6 weeks we won multiple prizes in the biggest blockchain competitions in the world – especially worth to mention, “The Best Idea to solve Humanity's Biggest Challenges” - in the Filecoin ecosystem. As well we built the core of our Protocol, deployed our contracts on RSK, Ethereum and Matic – and completed our frontend on time for our Beta Release on the 12th of November. By that time, we will start onboarding three different categories of Decentralized Autonomous Organizations (DAOs): 1. Blockchain & Web3 Communities 2. Art, Creativity & Lifestyle 3. Local Communities – going from building condos to local clubs. First milestones: 01/10: Start working 09/10: First prototype ready 21/10: Complete Apollo Fellowship (Incubation program) 28/10: Win Textile 1st prize at ETHOnline, the biggest blockchain competition of the year 29/10: Win ""Best Idea for Humanity's biggest challenges"" (@ Apollo) 29/10: Start partnership with Matic Network, and receive 1st grant 09/11: Complete MVP and get ready for Beta (12th of November)