The Economic Structure of the YED Metaweb
Your Earth DAO is a gamified decentralized public metaspace and open world with natively embedded strong social media influencing capabilities built for launching businesses in the format but not limited to metasites, immersive decentralized applications, play-to-earn applications, and content delivery applications. It is a basic social infrastructure-layer solution designed to generate jobs and alternative lifestyles for all users, regardless of whether they are influencers, business owners, gamers, content creators, or app developers for the metaweb.
Meta-citizens are incentivized to increase their influence and pursue colorful activities within the metaweb. Accordingly, they need $ACE to create, play, earn, and expand their freedom by gaining more influence. The architecture of the Acent blockchain is designed to allow people to naturally assimilate the metaweb as an augmented parallel reality life service. In this way, one can picture this as the ultimate social media platform or a new immersive gamified webspace where they can benefit from monetizing their creative potential to the fullest by leveraging the $ACE and its infrastructure.
$ACE is essentially used as the universal currency for metaweb layer 1 public spaces as well as all transaction fees that occur within the YED. For instance, meta-citizens need $ACE inside the universal YED ecosystem to obtain goods and services from business providers and to monetize activities such as content creation through social media meta-applications, winning P2E game matches, creating and selling dynamic art, and using utility NFTs. An active user or their metaweb footprint data accumulated over time generates sufficient economic influence to return wealth to the physical world via the $ACE they spend and earn on the platform, thereby creating a virtual source of economic revitalization.
On the other hand, businesses are incentivized to build, deploy, promote, earn, and expand their businesses by developing products and services, typically in the form of meta-applications or meta-sites within the YED and future metaweb space ecosystems deployed within the Acent infrastructure. $ACE is required to gain access to essential business features such as tokenization, incubation, advertising services, developer tool support, launchpads, and traffic management, as well as to buy meta-domains, mint utility or dynamic art NFTs, and conduct a variety of business transactions, thereby creating a vast open sea of new jobs and business opportunities.
In the Acent economic architecture, capital flows from the physical world towards the metaweb by utilizing the YED as a medium of captivating social media interaction. As the monetization activities amplify, that is, utilizing the Acent cryptocurrency as the core unit of value, capital may naturally flow back to the physical world to revitalize the contracting economy, thus completing the closed-loop self-sufficient economic cycle necessary for society to expand and thrive again. Hence, achieving the goal of having a digital parallel reality world to augment the physical reality world.
Ultimately, one of the long-term visions of the metaweb should be to evolve metahuman integration and AI-based procedural generation meta-applications that can be pushed into the YED updates. As you may imagine, the next probable stage would be for us to achieve digital immortality within the metaweb-first for future AI-based sentient NPC society creation, which will in turn benefit real humans through autonomous value creation ecosystems. It would be truly exciting to see self-aware societies create self-generated monetizable value to augment the physical world. Consequently, this would allow our creations to help us, the creators. With the gradual launch of metaweb products, being able to recognize that this may not be a question of if, but a question of when and how would certainly accelerate the evolution of the metaweb.
The succeeding chapters will discuss the different business models and revenue streams of the Acent metaweb tokenomics as it drives:
- equitable sharing of assets among all contributing developers, users, and meta-citizens of Your Earth DAO;
- concrete, doable, and realistic framework to drive up the utilization of $ACE cryptocurrency;
- business and job creation inside the YED; and
- mass adoption of tokenization of businesses.