DistributedTown is a Network of interconnected, self-sovereign Communities. It allows anyone to join one or create their own, and it's based on DiTo, a non-speculative mutual credit system, & SkillWallet, a universal, pseudonymous ID based on skills rather than personal data.
Distributed Town aims to build a new financial ecosystem, supported by self-sustainable (and self-sovereign) community-hubs, with self-sovereign, pseudonymous identity management. For members to exchange skills with each other - safely, and without speculation - and collectively build the future of Collaborative Economics.
- Self-organization and sustainability
- Skills as a currency.
- Collective autonomy (Inter-Independency).
The project aims to bring DAO’s ease of use to local and online communities through a one-step onboarding process, and an intuitive UX that mimics the urban environment.
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On one side, Members of a community have more mobility and access while traveling. Our SkillWallet allows a seamless onboarding and verification in any other community, project, hackathon or event in the Network. We designed a brand-new approach to ID-verification, based on Skills and Contribution, rather than personal data. This way, in order to earn, contribute and participate, people won't need for passports, résumés or bank accounts ever again.
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On the other side, local-/online-communities can quickly attract the skills they need, proposing gigs (using a mutual credit system), and a proximity-signal based on a mathematical random walk model. Also, by using Q2T (QuadraticTreasury) they can create brand-new projects from scratch, both to (a) distribute tasks efficiently, and (b) attracting the funds needed, by co-staking stablecoins to fund in-network innovation. This spares communities/projects the time that they would have wasted in tiring and bureaucratic processes to attract grants and external expertise.
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Each community has its own ID
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Each contributor has a unique Skill-Wallet, with the credits they have earned. They will be able to use it in other communities while they relocate/travel, just scanning a QR-code (no passports, résumés or bank accounts needed).
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Each community has a “scarcity score” - based on the “variety coefficient” of the skillset available internally. This will automatically send a “signal” to the closest community when they have excess/lack of one specific skill.
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Close-communities will be indexed per skill-proximity based on a DiTo SubGraph, and they can scale together by sharing the skills more needed to realize a project or a task, following a “one-step random walk” model.
- Textile ThreadDB + Mailboxes API (done)
- Solidity Contracts (done)
- RSK + RNS + Sovryn (Done)
- OpenGSN + USDCv2 (done)
- Matic Network (done)
- xDAI Network (done)
- IDX integration+schema (done)
- AAVE Credit Delegation (done, check Q2T)
- DiTo SubGraph/theGraph (to be done)
- 22/09: Join Post-COVID Hack and start designing the protocol
- 01/10: Start coding
- 21/10: Complete Apollo Fellowship (co-held by Gitcoin & Filecoin)
- 23/10: Submission @ ETHOnline
- 29/10: Won "Best Idea for Humanity's biggest challenges" (@ Apollo, Sponsor: Textile)
- 29/10: Start partnership with Matic Network, and receives 1st grant
- 30/10: Won "Best use of Mailbox API" for automated "Signals" between communities (@ ETHOnline, Sponsor: Textile)
- 07/11: Deployed contracts on RSK Main Net
- 25/11: Won Main Prize @ Post-Covid's Hackathon ("Social-Economic Inclusion")
- 27/11: Won "Legal Engineering" support from Mishcon de Reya (UK)
- 01/12: Deployed contracts on Matic Main net
- 07/12: Won Blockchain for Humanity (@ b4H) competition, for an outstanding initiative that elevates humanity.
- 11/12: Awarded @ LaBitConf, the biggest Bitcoin conference in Latin America.
- 12/12: Deployed Contracts on xDAI
- 16/12: Complete integration with IDX
- 09/01: Won IDX+Textile grant (@ Gitcoin Gr8, sponsor: IDX/Ceramic)
- 11/02: Deployed Q2T and won AAVE & Chainlink Awards @MarketMake