# Welcome to WEconomy
Welcome to the WEvolution.
## **WEconomy is a revolutionary permissionless, borderless and fair Web3 BUIDL network.**
WEconomy represents an advanced economic network rooted in Web3 and blockchain technology. Its core mission is to cultivate a thriving online marketplace for startups and businesses to expand massive adoption of Web3 and blockchain. This is achieved through the implementation of an innovative WEconomics theory. This theory proposes a new form of organizational structure, tailored to the dynamic needs of modern startups. Furthermore, WEconomy introduces a unique paradigm for building startups, emphasizing distributed and free collaboration. At the heart of this system is a new group of builders — forward-thinking individuals and teams dedicated to shaping the future of the fair and permissionless economy.
WEconomy shatters the confines of traditional startup ecosystems, pioneering a groundbreaking, permissionless and fair network that empowers builders worldwide to pursue their entrepreneurial aspirations without boundaries. Underpinned by the innovative WEconomics paradigm, a novel economic theory rooted in Web3 and blockchain technology, WEconomy disrupts the conventional relationship between production and organization, fostering an exclusive network environment where collaboration knows no limits, employment constraints are lifted, access is equalized, and a decentralized resource collective mechanism fuels innovation, propelling dreams into reality. By dismantling gatekeepers and providing equitable access to resources, WEconomy empowers individuals from all corners of the globe to bring their startup dreams to life, shaping the future of innovation and driving global economic growth.
Replicating real-world productive startup ecosystems, the WEconomy network centralizes a diverse array of resources, including ideas, funding, and talent, to nurture a vibrant startup landscape. These startups generate a multitude of opportunities, including employment, investment avenues, and innovative societal contributions. By effectively reusing fragmented resources, WEconomy startups foster the creation of entirely new economic value, democratizing global opportunities and propelling income levels, thereby contributing to the reduction of the wealth gap. This unwavering commitment to equitable and inclusive growth epitomizes the WEconomy paradigm.
WEconomy stands as a beacon of hope in a world yearning for a more equitable and inclusive economic landscape. Its vision of a decentralized, collaborative, and permissionless economy holds immense promise for startups and businesses worldwide, paving the way for a brighter future where innovation and entrepreneurship flourish without limitations.
# LightPaper
WEconomy -A REVOLUTIONARY PERMISSIONLESS BORDERLESS AND FAIR WEB3 BUIDL NETWORK
## ABSTRACT.
WEconomy represents an advanced economic network rooted in Web3 and blockchain technology. Its core mission is to cultivate a thriving online marketplace for startups and businesses to expand massive adoption of Web3 and blockchain. This is achieved through the implementation of an innovative WEconomics theory. This theory proposes a new form of organizational structure, tailored to the dynamic needs of modern startups. Furthermore, WEconomy introduces a unique paradigm for building startups, emphasizing distributed and free collaboration. At the heart of this system is a new group of builders — forward-thinking individuals and teams dedicated to shaping the future of the fair and permissionless economy.
## INTRODUCTION.
WEconomy shatters the confines of traditional startup ecosystems, pioneering a groundbreaking, permissionless and fair network that empowers builders worldwide to pursue their entrepreneurial aspirations without boundaries. Underpinned by the innovative WEconomics paradigm, a novel economic theory rooted in Web3 and blockchain technology, WEconomy disrupts the conventional relationship between production and organization, fostering an exclusive network environment where collaboration knows no limits, employment constraints are lifted, access is equalized, and a decentralized resource collective mechanism fuels innovation, propelling dreams into reality. By dismantling gatekeepers and providing equitable access to resources, WEconomy empowers individuals from all corners of the globe to bring their startup dreams to life, shaping the future of innovation and driving global economic growth.
Replicating real-world productive startup ecosystems, the WEconomy network centralizes a diverse array of resources, including ideas, funding, and talent, to nurture a vibrant startup landscape. These startups generate a multitude of opportunities, including employment, investment avenues, and innovative societal contributions. By effectively reusing fragmented resources, WEconomy startups foster the creation of entirely new economic value, democratizing global opportunities and propelling income levels, thereby contributing to the reduction of the wealth gap. This unwavering commitment to equitable and inclusive growth epitomizes the WEconomy paradigm.
WEconomy stands as a beacon of hope in a world yearning for a more equitable and inclusive economic landscape. Its vision of a decentralized, collaborative, and permissionless economy holds immense promise for startups and businesses worldwide, paving the way for a brighter future where innovation and entrepreneurship flourish without limitations.
## The Background of Building WEconomy
**The Genesis of WEconomy: Addressing the Challenges of a Changing World**\
The global economy and labor market are undergoing a profound transformation, driven by a confluence of factors that have reshaped the way we work, interact, and exchange value. Amidst this dynamic landscape, WEconomy emerges as a transformative force, seeking to address the pressing challenges and inequities that persist in the current economic paradigm.
### **1. The Economic Downturn and the Erosion of Employment Opportunities**
The ongoing global economic recession has cast a long shadow over employment opportunities, leaving many individuals struggling to find stable and meaningful work. This downturn has exacerbated the pre-existing challenges faced by workers, particularly in developing economies, where job opportunities are often scarce and wages are disproportionately lower than in developed nations.
### 2. Capital Monopoly: A Barrier to Entrepreneurship and Upward Mobility
The concentration of wealth and power in the hands of a select few has created an environment where a small group of individuals and entities exert undue control over the world's resources. This capital monopoly has stifled entrepreneurship and hindered economic mobility, making it increasingly difficult for individuals from marginalized communities to achieve financial stability and upward advancement.
### 3. AI-Driven Job Displacement: A Call for Reskilling and Reimagination of the Workforce
The rapid advancement of artificial intelligence (AI) and automation is revolutionizing industries and displacing workers across diverse sectors. While AI holds the potential to create new jobs and enhance efficiency, it is simultaneously leading to job losses and a reshaping of the workforce. This necessitates a concerted effort to reskill and reimagine the workforce, ensuring that individuals have the necessary skills and opportunities to thrive in the evolving economic landscape.
### 4. Remote Work Acceleration: Balancing Flexibility with Collaboration and Access
The COVID-19 pandemic has significantly accelerated the adoption of remote work practices, enabling individuals to work from anywhere with an internet connection. This shift has opened up new avenues for workers, particularly those in geographically constrained areas, but has also introduced challenges in terms of coordination, communication, and access to resources.
### 5. Global Labor Value Disparity: A Call for Equitable Compensation and Fairness
Globalization has fostered an interconnected global economy, but it has also created a situation where workers in different countries are compensated vastly differently for the same work. This disparity has fueled resentment and demands for fairer labor practices, highlighting the need for a more equitable distribution of economic value across borders.
### 6. Bitcoin and Cryptocurrency: Catalysts for Decentralized Finance and Economic Empowerment
The emergence of Bitcoin and other cryptocurrencies has introduced novel forms of decentralized finance and challenged traditional economic models. These innovations have sparked interest in alternative economic systems that offer greater transparency, security, and control to individuals, empowering them to participate in the digital economy with greater autonomy.
In response to these transformative forces, WEconomy emerges with a vision of a more equitable and inclusive economic system, powered by the transformative potential of blockchain technology. WEconomy's decentralized co-building aims to connect individuals and organizations directly, circumventing the intermediaries that often extract excessive value and hinder economic opportunity.
By leveraging blockchain technology to create a secure and transparent ecosystem, WEconomy aims to foster trust, promote collaboration, and ensure that individuals have control over their data and economic opportunities. In essence, WEconomy represents a paradigm shift in the global economy, moving towards a more equitable and inclusive model where individuals are empowered, value is exchanged directly and transparently, and economic opportunities are accessible to all.
## The Problem WE Address
### 1.Democratize Startup Creation:
Empowering Aspiring Builders with Zero Barriers and Zero Costs
WEconomy aims to revolutionize the startup landscape by dismantling the capital monopoly that hinders aspiring entrepreneurs from bringing their innovative ideas to life. Through a decentralized approach and a commitment to co-build collaborating mechanisms, WEconomy empowers individuals and teams to launch their startups without barriers and at zero cost.
**Breaking the Capital Barrier**
Three kinds of Decentralized Token-Based Fundraising Mechanisms
The traditional venture capital model has long been criticized for its exclusivity and limited access, often leaving talented individuals without the financial resources to pursue their entrepreneurial dreams. WEconomy utilizes blockchain technology to revolutionize the financing landscape, empowering builders to directly access capital from a global community of investors. This approach eliminates the dominance of venture capitalists and institutional investors, promoting a more equitable distribution of capital ownership. By fostering decentralized token-based fundraising mechanisms that democratize access to capital and empower aspiring builders. Through fair launch, sale launch, and list launch mechanisms, WEconomy enables startups to raise capital directly from a global community of investors, breaking down the capital barrier and fostering a more inclusive entrepreneurial landscape.\
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**Embracing Co-Building Collaboration**
A Transformative Approach to Startup Development
WEconomy disrupts the traditional startup landscape by introducing co-building collaboration, a decentralized approach that empowers builders with collective knowledge, expertise, and resources. This ideology promotes lowest-cost participation, enabling individuals to contribute with part-time commitment or small funding amounts. Co-building collaboration democratizes access to startup opportunities, accelerates innovation, and fosters shared ownership. WEconomy envisions a future where this transformative approach becomes the norm, revolutionizing the way innovative ideas are brought to life.
**A New Era of Startup Creation**
By breaking the capital barrier and embracing co-building collaboration, WEconomy paves the way for a new era of startup creation, where anyone with an innovative idea and the drive to execute can turn their vision into reality. This inclusive approach empowers individuals from all backgrounds and locations to participate in the global economy, driving innovation, creating jobs, and fostering a more equitable distribution of wealth and opportunities. WEconomy stands as a beacon of hope for aspiring entrepreneurs worldwide, signaling a shift towards a decentralized, collaborative, and permissionless economy where the power to create and innovate lies in the hands of the builders themselves.
### 2.Reimagining Work for the Digital Age:
**Breaking Free from Location and Wage-Labor**
The traditional work paradigm, defined by geographical constraints and fixed employment structures, is no longer aligned with the demands of the digital age. Individuals seek greater flexibility, autonomy, and equitable compensation, necessitating a transformative work landscape that transcends these limitations. WEconomy, a decentralized network for startup creation, paves the way for a transformative work paradigm where individuals can thrive.
**Embracing Remote Work: Unleashing Global Talent**
Remote work technologies have revolutionized the concept of work, enabling individuals to collaborate and contribute from anywhere in the world. This shift not only expands job opportunities but also empowers individuals to tailor their work to their preferences and balance work with personal life. WEconomy seamlessly integrates remote work, providing a platform where individuals can connect with projects and contribute remotely, regardless of their location.
**Tokenized Rewards: A Fairer Distribution of Value**
The traditional wage-labor model has often perpetuated income inequality, limiting individuals' participation in the value they create. WEconomy introduces tokenized rewards models, where individuals earn tokens or cryptocurrency for their contributions to projects or the network. This approach fosters a more equitable distribution of value, aligning individual earnings with their contributions.
Beyond traditional full-time employment, WEconomy encourages diverse work arrangements, including the gig economy and freelance marketplaces. These models provide individuals with greater flexibility and control over their work, enabling them to pursue multiple projects and build a portfolio of skills and experiences. Additionally, WEconomy supports alternative employment models, such as worker cooperatives and decentralized autonomous organizations (DAOs), where individuals have a greater say in decision-making and share ownership of the enterprise.
**A Work Paradigm for the Future**
The traditional work paradigm has outgrown its usefulness in the digital age. WEconomy, with its emphasis on remote work, tokenized rewards, and diverse employment models, is shaping a transformative work landscape that empowers individuals to work remotely, earn equitably, and thrive in a dynamic global economy.
### 3.Revolutionizing Decentralized Global Recruitment, Payroll and freelancer platform
In the dynamic realm of global talent management, WEconomy emerges as a transformative force, disrupting traditional approaches with its innovative blockchain-powered platform. Unlike conventional global payroll and recruitment solutions that rely on intermediaries and centralized systems, WEconomy embraces decentralization and harnesses the power of blockchain technology to streamline the hiring process, reduce costs, and enhance efficiency.
**Decentralized Launchpad: Revolutionizing Talent Acquisition**
At the heart of WEconomy's transformative approach lies its groundbreaking launchpad, a decentralized marketplace that seamlessly connects companies with freelancers worldwide. This elimination of intermediaries significantly reduces transaction costs and expedites the hiring process. Companies can effortlessly post their specific requirements on the launchpad, browse freelancer profiles, and engage top talent based on performance history, reputation ratings, and demonstrated skills.
**Bounty-Based Hiring: Optimizing Costs and Enhancing Efficiency**
WEconomy further disrupts the traditional talent acquisition landscape through its innovative bounty-based hiring system. Instead of relying on traditional job postings and applications, companies post bounties for specific tasks, attracting freelancers with the necessary expertise to bid on and complete them. This approach incentivizes freelancers to deliver high-quality work and ensures that companies receive the desired outcomes.
**Respective Deposit Mechanism: Mitigating Risks and Fostering Trust**
To mitigate potential risks associated with freelancer transactions, WEconomy employs a unique bounty respective deposit mechanism. Companies deposit a portion of the bounty, and freelancers deposit a portion of their bid into an escrow account. This mechanism ensures that both parties fulfill their obligations and safeguards against non-payment or disputes.
**Empowering Freelancers: A Secure, Transparent, and Rewarding Work Environment**
WEconomy offers a multitude of benefits that enhance the earning potential and overall experience of freelancers. The efficient bounty acquisition system provides direct access to work opportunities, eliminating the need to search for projects through multiple platforms. Additionally, the bounty-based system reduces transaction costs, allowing freelancers to retain a larger portion of their earnings. WEconomy's reputation-building system empowers freelancers to showcase their skills and expertise to potential clients. Freelancers earn ratings and feedback based on their performance, enabling companies to make informed hiring decisions. Moreover, freelancers can directly access tasks posted by companies, fostering seamless collaboration and streamlined communication.
**A Paradigm Shift for the Future of Global Talent Management**
In conclusion, WEconomy stands out as a revolutionary platform that addresses the limitations of traditional global talent management solutions. Its blockchain-powered launchpad, bounty-based hiring system, respective deposit mechanism, and freelancer-centric features empower companies to hire top talent efficiently and effectively, while providing freelancers with a secure, transparent, and rewarding work environment. WEconomy's paradigm shift in global talent management paves the way for a future where blockchain technology revolutionizes the way companies engage with and manage their global workforce, ushering in a new era of seamless collaboration and global talent utilization.
### 4.Equalizing Capital Income Opportunities
**WEconomy's Decentralized Ecosystem for Equitable Wealth Creation**
The widening gap between rich and poor is a pressing global issue, with capital income far outpacing labor income. This disparity stems from the concentrated ownership of capital and the limitations of traditional wage-labor structures. WEconomy emerges as a transformative solution, leveraging blockchain technology to democratize capital access and empower individuals to share in the rewards of the digital economy.
**The Challenge: Capital Income's Disproportionate Advantage**
In the current financial system, capital income holds an undeniable advantage over labor income. Capital owners enjoy the potential for unlimited wealth accumulation through investments, asset appreciation, and rental income. In contrast, labor income is often constrained by geographical limitations, wage-labor structures, and the erosion of purchasing power due to inflation.
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**Key Strategies for Equitable Capital Income Opportunities**
Tokenized Rewards and Compensation: WEconomy replaces traditional wage-labor structures with tokenized rewards, allowing individuals to earn tokens or cryptocurrency directly proportional to their contributions.
Fractional Ownership of Investments: WEconomy lowers barriers to entry for capital investments by enabling fractional ownership mechanisms. Individuals can participate in funding opportunities with limited capital, diversifying their portfolios and enhancing their earning potential.
Skill Development and Upskilling Initiatives: WEconomy empowers individuals to adapt to the evolving demands of the digital economy by investing in skill development and upskilling initiatives.
WEconomy's network ecosystem has the potential to revolutionize the way individuals earn and manage capital, effectively reducing the gap between rich and poor. By democratizing capital access, empowering individuals to share in the rewards of the digital economy, and promoting financial inclusion, WEconomy paves the way for a more equitable and prosperous future for all.
## The Solution
The growing disparity between the wealthy and the less fortunate, fueled by the increasing prevalence of capital income over labor income, significant hurdles in establishing new businesses, and uneven access to employment opportunities, demands a revolutionary solution.
We propose a permissionless, non-code, zero-barrier, open and fair BUIDL economy network built on blockchain technology to empower individuals to create startups without coding expertise or significant funding resources. This network will facilitate decentralized fundraising, enabling collective and automated capital allocation based on practical requirements. Additionally, startups will generate job opportunities with capital income paid to builders inside the network, help companies hire talents more efficiently and lower cost, allowing individuals to participate part-time and with minimal cost. Investors will also be able to invest with small funding amounts to earn investment income.
This approach has the potential to revolutionize capital income generation, work paradigms, and create a compelling web3 adaptive use case, effectively reducing wealth inequality and fostering a more equitable future.
## The Methdology
A breakdown of the WEconomy methodology operation into 5 steps:
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**1.Create an innovative unified launchpad platform** that embodies the principles of WEconomics, the new co-building paradigm, decentralized fundraising, BUIDLer profile with performance tracking and a freelancer marketplace where contributors earn capital income for their participation in project development and governance.
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**2.Create a multi-chain token tracking, trading with smart trade strategies, and promotion platform to promote the token of startups for achieving success.**
Startups serve as the cornerstone of the WEconomy network, generating job opportunities and driving innovation. However, navigating the dynamic and evolving Web3 landscape can be challenging for startups, particularly in attracting liquidity for their native tokens. To address this hurdle, a multi-chain token tracking, trading, and promotion platform emerges as a pivotal solution, fostering startup growth and propelling the advancement of the tokenized economy. By addressing the challenge of token liquidity and providing comprehensive support, this platform fosters startup growth, accelerates innovation, and propels the advancement of the tokenized economy.
**3.Harnessing WEconomy's Paradigm: Establishing Protocols for Treasury-Powered Venture Funds to Nurture a Vibrant Startup Ecosystem**
The WEconomy paradigm holds immense potential to revolutionize the startup ecosystem by introducing a decentralized and community-driven approach to venture funding. Through the establishment of protocols designed to build treasuries that function as venture funds, WEconomy can empower startups, boost innovation, and foster a thriving network of interconnected entities.
At the heart of this transformation lies the concept of treasury-based venture funding. Treasuries, in the context of WEconomy, serve as decentralized venture funds that pool capital from community members and token holders. These funds are then strategically invested in promising startups within the WEconomy network, fueling their growth and propelling innovation.
**4.Nurturing Builders and Startups through Hackathons, Incubators, and Accelerator Program**
In the dynamic landscape of blockchain technology, innovation thrives when budding entrepreneurs and BUIDLers – the builders, innovators, and entrepreneurs driving the industry forward – have access to the resources, mentorship, and support they need to transform their groundbreaking ideas into tangible solutions. To foster this environment of innovation, we propose the establishment of a robust ecosystem of hackathons, incubators, and accelerator programs, designed to empower the next generation of blockchain pioneers.
**5. Cultivate an Offline BUIDL Community and Coworking Space in Major Metropolitan Areas to Facilitate Collaboration and Resource Sharing**
The ever-evolving landscape of blockchain technology demands a transformative approach to fostering innovation, collaboration, and resource sharing among BUIDLers – the builders, innovators, and entrepreneurs driving the industry forward. The establishment of physical BUIDL Communities and coworking spaces in major metropolitan areas presents a compelling opportunity to address this need and cultivate a thriving ecosystem of blockchain enthusiasts.
These centralized hubs would serve as catalysts for accelerated innovation, providing BUIDLers with the resources, mentorship, and collaborative environment they need to bring their groundbreaking ideas to life. Through knowledge sharing, networking opportunities, and access to essential tools and infrastructure, BUIDL Communities would empower individuals to transform their visions into tangible solutions and contribute to the advancement of blockchain technology.
By cultivating offline BUIDL Communities, we can empower the next generation of blockchain innovators, accelerate the development of transformative solutions, and usher in a new era of innovation driven by collaboration, knowledge sharing, and resource access.
## What WEconomy Position
### **Revolutionizing Blockchain Adoption Through a Paradigm Shift**
The advent of blockchain technology has ignited a revolutionary wave in the digital sphere, offering a decentralized and secure foundation for diverse applications. While Bitcoin marked the inception of this paradigm shift, Ethereum propelled its potential by introducing smart contracts, enabling the development of decentralized applications (dApps). However, despite remarkable progress, the realization of blockchain's full potential is still impeded by the challenge of translating technological innovation into widespread adoption and tangible real-world applications.
WEconomy emerges as a paradigm-shifting initiative, addressing the critical need to bridge the chasm between blockchain innovation and practical implementations. By transcending the limitations of existing blockchain ecosystems, WEconomy aims to harness the transformative power of this technology, disrupting various industries and aspects of our lives.
### **WEconomy's Paradigm Shift: Igniting Innovation and Driving Utilization**
WEconomy's paradigm shift centers on cultivating a vibrant ecosystem of builders, ideas, and funding to drive the development of innovative and impactful blockchain applications. This approach encompasses three key pillars:
**Massive Use Case Expansion:** WEconomy is unwaveringly committed to identifying and supporting real-world use cases that address tangible needs and resolve pressing challenges across diverse industries. By expanding blockchain's applicability beyond its current niche, WEconomy strives to mainstream the technology, making it an integral part of our daily existence.
**Startup Empowerment:** WEconomy recognizes the pivotal role startups play in shaping the future of blockchain technology. By providing comprehensive support, encompassing funding, mentorship, and access to resources, WEconomy empowers startups to transform their groundbreaking ideas into viable businesses, driving growth and expediting blockchain adoption.
**Builder Ecosystem Cultivation:** WEconomy fosters a thriving ecosystem of builders, bringing together individuals with diverse skills and expertise to collaborate on blockchain projects. This collaborative environment promotes knowledge sharing, cross-pollination of ideas, and the emergence of innovative solutions.
### Significance: Unleashing Blockchain's Revolutionary Power
WEconomy's paradigm shift holds immense potential to unleash the revolutionary power of blockchain technology, propelling us towards a future where blockchain seamlessly integrates into our lives. By expanding blockchain's adaptive use cases, empowering startups, and fostering a collaborative builder ecosystem, WEconomy is poised to disrupt various industries, ranging from finance and healthcare to supply chain management and governance.
WEconomy's vision transcends technological innovation; it aims to create a more equitable and inclusive society by harnessing the power of blockchain to democratize access to capital, empower individuals, and foster sustainable economic growth.
## What The WEconomy Benefits
### **Revolutionizing Startup Creation for Founders**
WEconomy's launchpad is a transformative force in the startup ecosystem, empowering founders with a permissionless, zero-cost, and zero-code platform that streamlines the entrepreneurial journey, facilitates agile talent acquisition, simplifies regulatory compliance, and unlocks a global network of opportunities. This comprehensive approach democratizes startup creation, enabling individuals from diverse backgrounds to transform their innovative ideas into successful businesses.
### Empowering Investors and Fostering Inclusive Growth
WEconomy represents a paradigm shift in startup investing, empowering individuals from all walks of life to participate in the exciting world of venture capital and potentially reap significant rewards. By lowering barriers to entry, democratizing ownership, providing early-stage access, and ensuring transparency and accountability, WEconomy is paving the way for a more inclusive and equitable investment landscape, fostering inclusive growth and innovation for the benefit of all.
### Empowering Builders with Diverse Income Streams and Collaborative Opportunities
WEconomy is revolutionizing the way builders work and earn, empowering them with diverse income streams, fostering collaborative opportunities, and providing a platform to showcase their expertise. By breaking down traditional barriers and creating a more equitable and inclusive ecosystem, WEconomy is shaping the future of work, enabling builders to thrive and contribute to the world's most innovative endeavors.
### Empowering Freelancers with Crypto-Paid Opportunities and Capital Income
WEconomy revolutionizes the freelance landscape by providing freelancers with crypto-paid opportunities, expanding their access to global projects, streamlining payments, and empowering them with autonomy and control over their work. By addressing the challenges traditionally faced by freelancers, WEconomy is paving the way for a more equitable and rewarding gig economy, where freelancers can thrive and achieve financial success.
### Empowering Traders and Investors with Early-Stage Investment Opportunities and Smart Trade Strategy
In the rapidly evolving world of decentralized finance (DeFi), WEconomy emerges as a transformative force, empowering traders and investors with a comprehensive ecosystem that facilitates early-stage project investments and utilizes cutting-edge intent-based smart trade platforms to maximize returns. By providing early-stage investment access, cutting-edge smart trade technology, and a synergistic ecosystem, WEconomy is shaping the future of DeFi, fostering innovation and unlocking the full potential of this transformative financial landscape.
## What WE Built
Since 2022, WEconomy has developed a comprehensive paradigm for its methodology, encompassing key components like a launchpad, a smart trading platform, and various protocols for treasury building. This framework is integral to advancing WEconomy's vision, allowing for efficient execution of its innovative strategies. The launchpad serves as a springboard for new projects, the smart trading platform enhances transactional efficiency, and the treasury-building protocols ensure financial sustainability and growth. Together, these elements form the backbone of WEconomy's mission to revolutionize the startup and business ecosystem.
### WELaunch
[welaunch.work](http://welaunch.work)
WELaunch is an all-in-one launchpad that empowers builders to create startups without any barriers. It provides a comprehensive builder profile, a bounty system for agile talent acquisition, three kinds of decentralized fundraising mechanisms, and on-chain governance for community-driven decision-making.
### TokenChart
[tokenchart.in](http://tokenchart.in)
TokenChart redefines the token trading landscape by providing a comprehensive platform that equips traders with intent-driven smart trade strategies, seamless cross-chain compatibility, and unparalleled token coverage. It seamlessly integrates over 10 smart trading strategies, supports over 100 blockchain networks, and encompasses a vast database of over 500,000 tokens.
### Protocols Matrix
Perpetual Exchange
ve(3,3) DEX, AMM DEX
Lending Protocol
Baas(Bond as a Service)
## The Operation Strategy
**1.Establish a DAO Venture Treasury:** Generate revenue from the Protocols Matrix to fund the DAO Venture Treasury.
**2.Foster Innovation:** Organize hackathons to attract and support promising projects.
**3.Cultivate a Global BUIDLers Community:** Create a vibrant network of builders to share knowledge and collaborate on projects.
**4.Invest and Incubate:** Leverage the DAO Treasury to invest in promising projects and provide incubation support.
**5.Strategic Partnerships:** Collaborate with blockchain projects to enhance liquidity and boost TVL (total value locked).
## The Future Objectives
**1.Treasury Growth:** Continuously build and expand the WEconomy Treasury through sustainable revenue generation.
**2.Community and Ecosystem Expansion:** Foster global community growth and expand the WEconomy ecosystem to enhance its reach and impact.
**3.Exclusive WEconomy Chain:** Launch a dedicated WEconomy blockchain to optimize performance and facilitate seamless ecosystem interactions.
**4.Decentralized Governance:** Transition WEconomy into a decentralized autonomous organization (DAO) to empower community-driven decision-making.
**5.Offline Workspace:** Establish a physical WEconomy workspace to provide a collaborative environment for builders and innovators.
**6.Network State Transformation:** Evolve WEconomy into a decentralized on-line network state, enabling self-governance and fostering a thriving ecosystem for Web3 innovation.
# Inspiration
{% hint style="info" %}
An inspiration story why we create WEconomy
{% endhint %}
**The Visionary Behind WEconomy**
Pistis, the visionary behind WEconomy, embarked on a journey to address a deeply ingrained societal issue that has impacted him since his youth. His unwavering determination, coupled with his extensive experience as a solo entrepreneur and startup founder, fueled the development of WEconomy as a revolutionary platform designed to empower those marginalized by traditional economic models.
Pistis meticulously explored every aspect of the decentralized autonomous organization (DAO) landscape, delving into topics such as remote collaboration, task management, builder incentivization, decentralized crowdfunding, labor liquidity, labor value capitalization, and the intricacies of co-building a capital-generating entity. His comprehensive understanding of these critical elements has been instrumental in shaping WEconomy into a transformative force in the realm of Web3 innovation.
## Inspiration
Pistis gained experience on 3 important career paths before building WEconomy. The first was through his work as a coder and programmer in the tech industry. He studied to develop professional skills regarding data structure, big data system construction, statistics, and analysis. He had been through countless hours of product reviews and technical seminars and had encountered times where he was either stuck waiting for a new task or working excessive hours due to a time crunch, sometimes to the point of forgetting to eat.
He reflected on his work, and compared it to his rewards...and he realized that some things just are not fair. He devoted his wisdom and thousands of hours of work to his occupation. Yet, no matter how hard he worked, a pay increase or benefits never seemed to come. Meanwhile, along with company IPO and increasing the value of stock, shareholders and managers can generate more than ten times the income of those ordinary staff who are paid with fiat. It was his first glimpse at the gap between rich and poor.
He had many internal struggles with this observation as he was going through his twenties. This was the starting point which motivated him to think about the gap between rich and poor, the problem of labor income and capitalization of labor value. Fortunately, through this job experience, he was introduced to beautiful Bitcoin. But not fortunate enough to see what Bitcoin would lead to, and before he knew it, it was too late to be an “early” investor.
He soon started his second career experience being the founder of a mobile internet startup that provided digital healthcare service to customers. Here he found another aspect of the corporate world to be troublesome: raising funding. He did not have enough money to lease an office and hire a full-time staff before launching his startup. And it is extremely difficult to raise money from traditional venture capitalists; you have to spend a large amount of time making elaborate slides for road shows to demonstrate to investors your worth. It is almost a formalized version of begging. What was worse, he found that most investors do not understand the startups being pitched. Their job was to sit and watch founder roadshow seven if they were not interested. He still fortunately managed to raise money from the traditional venture capital path to build his startup, however he then ran into trouble hiring full-time staff.
He found there is always a structural contradiction between employee and company; the staff always think that they should earn more no matter what their salary, while the company always strives to pay less to their staff to increase their profits. He also found that a startup cannot hire high-end talents from different locations with startup investments; there is not enough capital to entice the best of the best to move for a startup job. So, those people who are in a different city or country are lost because the traditional management model cannot support remote collaboration.
Along with staffing, there are all kinds of office services that need to be taken care of like office leasing, office facilities, landscaping, etc. These are large cost items but they are not necessary to actually run the business. The location you are in also has huge human cost variance because of labor liquidity limits in different countries. For example, the fixed salary of a full-time IOS engineer with 5 years experience is about ten thousands dollars per month in America. Compared to five thousand dollars in China, and only less than two thousands dollars in Vietnam or India, there is huge income inequality because of location limits. With all of these problems conquered and knowledge gained, he sold his startup after 4 years.
His third career path was to invest in TMT startups as a venture capitalist. From this he gained a great deal of experience on the inner workings of venture capitalists. Two years later, after investing 20 million dollars into 5 tech-startups, he realized just how powerful the venture capitalists were. Almost all startup entrepreneurs have the same mind set, which is that they cannot launch their company without someone backing their funding.
What he realized was that even though an entrepreneur failed to raise money from a venture capitalist, it does not necessarily mean that their startup is bad. It just means the investor did not invest. Maybe they had a bad morning and spilled coffee on their favorite tie, or maybe their dog died last night or their kids are having trouble at school. There are many factors that could influence a decision, and unfortunately that could mean even a good idea does not get funded. The current model is not fair to most talents just because they cannot get seed funding or failed to secure angel round investments. Some ideas may have been missed that could help people all over the world if the investment decision was different.
Beyond just the venture capitalist barrier, our current economy leaves all of our data in the hands of big Web-2 companies like Google, Facebook, Amazon, etc. They use our data, selling it to advertisement companies that plug the data into AI algorithm systems to selectively sell us garbage. Meanwhile, the common person’s money is in centralized banks, who then take our money and lend it to the rich, earning income of their own while regular citizens are left to deal with currency inflation. And to get out of that cycle and start our own businesses, we have to get permission from our governments or other massive corporations before we can launch. And then after getting permission, we are again at the mercy of the rich as we have to raise money from venture capitalists in order to hire full-time employees, lease an office, etc. while dealing with the labor constraints of the city or country that we live in. All of this is to say that the current economy is not friendly towards ordinary citizens who want to make a difference in the world with their ideas.
## Solution
With all of his experience in the current economic system, Pistis devoted himself to fixing the problems he had seen while in the workforce, and began to construct WEconomy, a permissionless economic network. A new economy is needed, and WEconomy is the key.
# Mission
## Our Mission
**Narrow the gap between rich and poor**
> Breaking wage-labor system and the hierarchy systems in enterprises
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> Promote income, liquidity and capital gain of labor
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> Lowering the threshold of starting a business
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> Generate fair opportunities to everyone
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> Carry out WEconomy Basic Income which is a new Universal Basic Income planning
These are our most important values, what inspires us, and what motivates us.
At WEconomy we envision a new freelancing market, a new workforce, a new startup paradigm, a new permissionLess economic, a beautiful decentralized society arising and a new world.
What lies in our vision & mission is maximizing the circulation of labor value, linking all comers who are gig workers, freelancers, part-time employees, and entrepreneurs in the world, and stimulating group cooperation, teamed entrepreneurship, and innovation among start-up creators, establishing a new token-economic model, through the DCO(Decentralized WEconomy Organization) to drive.
In the process of value creation, through the WEconomy network, we can break out traditional employment system and labor liquidity of location limits, reduce the cost to start a business, change the way to collaborate, revolutionize the means to compensate, and increase the success rate of a startup or an innovation. Thereby increasing the income of comers and narrowing the difference between the rich and the poor independently.
##
# WEconomics
## Overview
WEconomics, merging "WE" with "Economics," represents a co-building and permissionless economy focused on startup growth and innovation. It's rooted in blockchain technology, connecting ideas, talents, and funding via the Decentralized Collaborative Organization (DCO) format to drive economic growth through startup launches.
WEconomics modifies institutional economics and the Marx labor theory of value, centering on labor value theory and humanism. It aims to liberate and enhance productive forces in the global economy through the internet and blockchain, promoting equal opportunities. Its core theory is labor capitalization, which encompasses specific elements yet to be detailed.
> Social Network
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> Individual rights and Motives
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> Digital property rights
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> Labor value conversion mechanism
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> Freelance Market deal mechanism
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> Transaction cost
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> Income distribution
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> UBI ..
Traditional economic theory is anchored in the concept of scarcity, suggesting that limited resources lead to competition. This competition drives efficiency, which often results in centralized organizations. Such centralization can further lead to monopolies, where a few entities control the limited production factors. This paradigm, fundamental to capitalism, has significantly shaped modern society by driving economic growth and influencing production mechanisms. The progression from scarcity to monopolies encapsulates the core logic of traditional economics and has been instrumental in crafting our current civilization.
WEconomics is not a negation of this logic. It is not anti-capitalist. Instead, it focuses on solving some of the social problems that have risen from the application of this meta-hypothesis to bring about the rapid progress of the world. WEconomics takes collaborative creation as the meta-hypothesis, and solves the problems behind the progress that traditional economic theory has manifested, such as the serious exploitation of labor value, the growing gap between the rich and the poor, and the stagnation of social innovation and entrepreneurship because of capital monopoly and high permission barriers.
Compared with general economics, which focuses on raising questions and theoretical research, WEconomics has built itself a set of standardized production paradigms for its theory, using production factors as input parameters and outputting the WEconomics production organization. The WEconomics paradigm is mainly composed of five core units:
> A new decentralized WEconomy organization (DCO) form for the digital age
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> A new decentralized freelance bounty deal mechanism
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> A new decentralized crowdfunding mechanism based on game theory
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> A on-chain governance framework
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> A programmable dAppstore market that supports an integrated dApp to customize your business
**WEconomics** is a supplement to traditional economics. It is mainly dedicated to solving some social problems that arise while traditional economics brings great progress to society, so as to promote innovation and entrepreneurship, promote the integration of social capital, and promote weak connections. Forming an effective production organization is the main goal.
## Weak Tie Networks
A weak tie network is a kind of social network, which contrasts with a strong tie social network. Strong tie networks are closely connected entities within a clear and centralized group, such as families, companies or classes. Weak tie networks, which were first proposed by Mark Granovetter in 1973, are loose connections with a decentralized focus and usually exist between groups and are characterized by less interactive, non-close ties, and non-close friends.
The ancient human village was the basic production unit in agriculture civilization, and the factory, which is centralized and managed, was the basic production unit during the industrial revolution. Both of these needed strong tie social networks, on which modern organization and management theories have been constructed. These strong tie networks allowed centralized companies and the concept of capital transfer to form, which is the mainstream value conversion mechanism under the traditional social production economic model.
The advantage of strong tie networks lies in their high efficiency under centralized connection and management and its closed internal structure, which allows information and team members to have a high degree of repetition and similarity. Each member assimilates to the homogeneous network and becomes accustomed to the daily functions. However, too much homogeneity leads to the blocking of diverse ideas, which in turn affects innovation. Weak relationships, by contrast, are caused by distant social relationships and very infrequent meetings or interactions. For example, acquaintances and strangers cause weak ties. Weak ties have many practical advantages, because they can transmit heterogeneous and non-repetitive information between different organizations, and members within an organization can fully integrate with the outside world to generate informational viewpoints or cognitions separate from the homogeneous thought patterns present in strong tie networks.
Everyone has both strong ties and weak ties. From the perspective of labor value creation, most workers usually only use their strong ties to carry out production activities. They work for a specific company and interact with the other employees inside and sometimes outside of the company. They live in their strong tie networks daily.
**WEconomics** is based on weak ties. Members from different strongly connected organizations build DCO organizations with innovative production capabilities through weak links to engage in innovative economic production activities. Weak ties provide another brand-new value creation field for every ordinary worker versus the centralized organizational economic model constructed by strong ties. Global social networks like Facebook, Twitter, etc. are the main bodies of value creation under weak ties, fully expressing weak connections to create value and promote innovation.
In the internet age, irrelevance is a type of weak ties. Based on the unrelated connections in reality, weak ties can be established through the aggregated interests, cognitions and collective behaviors of fringe topics on social networks, forming a disjointed state. Behaviors such as posting photos on social networks, messaging with a limited number of characters, liking content and following others are all single and standard actions. There is no logic in itself in any single action; the logic occurs at the connection between the individual and the content. WEconomics is based on similar weak tie connections to transmit and exchange more complex and diversified information, such as remote task collaboration, benefits assignment, and team management. This can even be done across different languages and cultures. If we likened the weak connections of social networks to the 2G communication network, the weak connections of WEconomics is like the 5G network. The content is diversified and complicated with a strong business logic unit, which has greatly improved the information capacity carried by traditional weak connections. WEconomics can essentially improve the information throughput, and thereby increase the creativity and efficiency of the overall weak connection network.
## Tier 3 Liquidity Markets
At present, there are two major liquidity markets in the world, which support the use of currency as the main investment method to obtain capital gains.
### Tier 1: Global Equity Investment Market
The first market is provided for large centralized companies, mainly IPOs and other listings, and the stock exchange market represented by Nasdaq, New York Stock Exchange, Shanghai Stock Exchange and other stock markets. The primary characteristic of this layer of liquidity market is that the organizations that want to obtain liquidity in it need extremely high thresholds of capital, such as through certain revenue scales or profit. However, once liquidity is obtained, the follow-up supervision is relatively loose, allowing for financial fraud and fictitious profits common in the A-share market. Because market regulators and investors have strong inertia and lack the follow-up of real-time supervision mechanisms, the interests of investors in the secondary market are seriously damaged.
In addition, the secondary market requires a high threshold for ordinary investors, requiring certain trading skills and knowledge in professional financial analysis. As such, this market is only suitable for a small number of investors.
### Tier 2: Private/public Market
This market is mainly composed of some private/public offering institutions and VC type individuals/entities. Compared with the first-tier global open liquidity market, the liquidity of the second-tier market is relatively weak because of its high-risk and high-return characteristics, which brings a correspondingly higher entry threshold for investors. In addition to having a certain wealth of assets, you must also have a certain risk tolerance, and because the private market is usually divided according to industry themes, if you want to invest in the second-tier liquidity market, you again usually need to have certain business capabilities. This further narrows the scope of qualified investors even though most of the investors in the real world are ordinary people who have several thousand yuan to get started with.
Looking at the first layer and the second layer comprehensively, both liquidity markets are capital-oriented and have very high access conditions for investors, which are not suitable for ordinary investors. They still want to find a way to tap into the liquidity but unless they have a winning lottery ticket, the only thing they can offer is their labor or production skills, neither of which are helpful in the currency-centric liquidity markets just discussed. This means that if you want to directly use your labor skills to make capital gains in the open market, the above two Liquid markets are not options.
### Tier 3 liquidity: Labor Skills and Minimal Capital
Through the above analysis of the two-tier liquidity market, it can be concluded that the both markets are only suitable for a small number of investors. They only support the use of currency as an investment method to obtain capital gains, which leads to a small number of investors. More and more people with capital hold their capital, the liquidity of capital is stronger than that of labor skills, the capital return of capital holders is higher, and the total amount of money in society is basically understood as conservation. That is, the capital added by capital holders is the capital lost by ordinary people. The reason for such serious inequality is that the current rules released by the capital market are not friendly and the efficiency is not sufficient for ordinary people. Therefore, network chain economics play an important role in the allocation and mobility of social resources. From the perspective of establishing a third-tier liquidity market, which supports the use of labor skills and ordinary investors' small currency as the main investment means, Communion will establish a new value liquidity market, allowing value to flow freely.
## Individual motivation
Classical and neoclassical economics continues the idea of a free, competitive market, advocates social isolation, promotes low socialization of human actions, and advocates that production, distribution, and consumption behaviors are entirely based on self-interest. However, in actual production, economic people are far more complex and unpredictable than those revealed by the self-interest hypothesis. From the self-reliance hypothesis of classical economics to the economic model that is embedded in Granovetter, both follow the theory of humanistic psychology. That is, the hierarchy of human needs, from physiological needs, safety needs, belonging and love needs, to self-esteem needs and self-realization needs, are all deeply motivating to the economic man's decision-making chain. Traditional economics generally ignores the interaction between economic motivation and non-economic motivation, but network chain economics is different. In terms of normal economic demands, network chain economics has a wider focus on social interaction, identity, status, rights, self-existence and realization. What if the basic centralized organization provided individuals with physiological needs and primary security needs at the same time? That would mean the network chain organization economics, with their weak tie networks, would allow individuals an opportunity to realize self-fulfillment.
### Unlimited Organization
Transactions are the basis of the market. Since Adam Smith's theory of the division of production, transactions can exist within companies and in the market. And just as Williams proposed from the perspective of new institutional economics, any organizational form should be based on the most efficient processing of economic transactions. Under the impetus of bounded rationality and opportunism, those that occur frequently, uncertainly, and require special investment (such as capital, intellectual investment, etc.) usually stay in the company; those that are simple, direct, infrequent, and do not require special investment transactions usually take place between companies. From the perspective of new institutional economics, it can be concluded that the transaction cost inside the company is lower than the transaction cost outside the company, and thus the tendency of opportunism can be avoided. However, under the economic production model of global modern capital flow, companies have started to expand infinitely with the globalization of their capital, and the departments of the same company have essentially become two independent companies. They bear the transaction costs as if it were between companies and with the embedding of the social network, collective fraud is triggered, which leads to higher transaction costs for certain transactions in the company. Therefore, the company's transactions will continue to be marketed and connected to a more intensive, market-oriented transaction network.
In the process of continuously splitting transactions within the company into market-oriented transactions, the boundaries of the company have begun to blur. If the standard and clear charter is the definition of the company, then the organization is a more specific and clear production unit. Chain economics focuses on organizations as the main production unit. Compared with companies, the relationship between chain economic organizations is densely connected through transaction contracts, and uses business as a scaling measure to build an infinite organizational network
Compared with a company, an infinite organization has higher creativity, lower cost, better robustness and better scalability. It also balances between efficiency and creativity while simultaneously endowing social resources with wider mobility.
### Free liquidity of labor
The industrial revolution opened up modern production methods. Nearly all of the time before and most of the time after, labor skills could not be separated from the place of labor, such as farming on the land in the agricultural era or production around large machines in the industrial era. Thus labor mobility, as defended by Adam Smith and as defined and supported by classical economics, is the movement of labor from lower-level jobs to higher-level jobs. Labor’s free movement should not be restricted. .
With the emergence of long-term contracts aimed at efficiency in the new institutional economics, restrictions on labor mobility are becoming more and more popular, forcing laborers to be confined to one service subject for a long time. This not only reduces productivity and creativity, but it is also detrimental to the competitiveness of organizations. This limitation is based on the background of low socialization, while the actual society is moderate or highly socialized. Therefore, improving labor mobility can bring about the inter-organizational weak tie connected networks, which in turn bring creativity, motivation, and external perspectives to the organization itself, improving the organization's robustness.
The free flow of labor defined by network chain economics is based on the fact that classical economics takes laborers themselves as the main body of mobility, and in the basic economic network constructed by the internet and blockchain, it is based on the heterogeneity of laborers. In the above, it focuses on encouraging and emphasizing the free flow of labor skills. Compared with laborers themselves, skills are naturally more mobile in network chain economics. The innovation, creation and trading carried by this flow will enhance the competitiveness of the organization. For the workers themselves, it will not only expand their weak tie network and enhance the accumulation of social capital, but also improve their skills and their own market competitiveness for future scenarios.
### Value Conversion Mechanism
Under the theory of surplus value in Marxist economics, the surplus value of early capitalist laborers was extracted by capitalists mainly by increasing the labor intensity of workers and forcing laborers to work extended hours. With the implementation of capitalism and the establishment of the global capital market, capitalists use the value conversion mechanism to convert surplus value into capital. Capital has stronger mobility, obtains limited resources in a wider range, builds barriers, and causes workers to enter another forced labor cycle. According to the access requirements of the first-tier and second-tier liquidity markets, the threshold for this value conversion mechanism is relatively high, which makes ordinary workers unable to enter due to their limited production factors. Only capitalists can grasp the value constructed by the modern capital market. During the transformation of the mechanism, the exploitation of the surplus value of the labor force entered a more efficient stage, which greatly widened the gap between the rich and the poor in the society, resulting in a lower income of the laborers than in the early days of capitalism.
The value conversion mechanism defined by the network chain economy is different from the value conversion mechanism held by capitalists. In the network chain economy, each worker can hold the value conversion tool for labor capitalization by himself. Under this value transformation mechanism, the laborer gains its own capital gains, instead of under the traditional value transformation mechanism where the capitalized gains of laborers can only be held by a small number of capital shareholders.
### Demand and Market
If the Renaissance dominated the 14th-16th centuries in human history, and the Industrial Revolution was the theme of the 17th-20th centuries, then the theme of the 21st century is undoubtedly the internet. Since Tim Bonas first proposed the WWW protocol in 1989 through today, more than 30 years, the Internet economy has produced super giants such as Google, Amazon, Facebook, Tencent, Alibaba, etc. In the mobile internet economy, there have also been super giants such as WhatsAPP, WeChat, Uber, Twitter, Meituan, and Toutiao.
All the above companies have fully penetrated into daily production and life. According to the field of problem solving, the internet can be divided into: classical internet and digital internet. The former mainly uses pure network applications such as Google, Facebook, Twitter, WeChat, etc., while the latter solves problems in real life through the network, uch as Amazon, Uber, Meituan and other companies. The former uses new means to meet people's still unsaturated spiritual needs, while the latter focuses on solving realistic needs.
It can be seen that from the perspective of the classical internet, it is an independent market itself, satisfying some needs from human beings. These needs have always existed but have not been well satisfied, or have never been discovered and solved before. The improvement of technology and the expansion of the network are becoming larger and larger, and are even surpassing the traditional industrial production market in some indicators. The network chain economy is built on the classical internet market, on the entrepreneurial economy, focusin, on creating classical internet applications, or solving some digital internet needs.
The focus of *WEconomy* is on the following markets: online economy digital, economy sharing, economy mutual aid, and fan economy.
### Innovation of Production Factors
Innovative production paradigm is a kind of labor performance that integrates various production factors to engage in production activities in the process of transforming nature. If production is compared to a more abstract science than specific sciences, then production will also use the corresponding paradigm. To format the factors of production and ultimately obtain effective labor output, the production paradigm = laborers + tools + resources. Under this basic production paradigm, we gather laborers into collective organizations of productive capacity, create labor tools that improve productivity, and use various resource factors to do purposeful production activities. If the production factors are divided into two according to the subjective and the observable, then the production paradigm is equal to laborers + production resources.
Combined with the centralization of land and capital under the industrial production model and the collection of workers into a bureaucratic centralized organization, the production tools are mainly large-scale production machinery, and the limited production resources are highly concentrated. Thus the industrial production paradigm is equivalent to centralization; Organization + limited and concentrated resources. This can be further combined with the labor force under the internet production mode, the centralized organizational form of industrial production, the high-speed flow of information, the highly fragmented unlimited production resources, and the productivity tools dominated by personal handheld computing devices.
The production paradigm of the internet economy is equivalent to a centralized organization + infinite fragments and flowing distributed resources. The production paradigm of the network chain economy is based on the internet production paradigm and focuses on improving the liquidity of the centralized organization.
Through the new rights confirmation and protection mechanism brought by blockchain technology, a new organizational governance framework has been constructed. On the basis of a decentralized organization or a distributed organization, a network chain organization with realistic production capacity is constructed.
Therefore, the production paradigm of the network chain economy is equal to the network chain organization + infinite fragments and flowing distributed resources. This fundamentally deconstructs the centralized organization model inherited from the production of the industrial age, reconstructs labor resources with the network chain organization model, forms an effective production organization suitable for the network chain economy field, and creates a new production paradigm.
## Transactions and contracts
Through the transaction, which is the interaction of two or more people, the market is born. The transaction is limited by the contract and the form of the contract determines the organization form. When the employment transaction transitions from the early piece-work contract to the modern company contract, this results in a modern corporate organizational form and a centralized-bureaucratic management system. In the case of a piece-work contract, the employed party pays the price in terms of quantity, labor precedes remuneration, and the contract has no structure and exists by default.
The complexity of the market has brought about market expansion, resulting in higher transaction costs, and contracts have become structured. The company is the main body that provides structured contracts for complex market transactions, so the emergence of company contracts is a positive as it is intended to save market transaction fees. However, if it is purely to reduce transaction costs, it is obvious that the emergence of companies has brought more unquantifiable costs, which will eventually be fed back to the market, pushing up transaction costs.
Based on that, it seems that the emergence of companies during the Industrial Revolution was based on a sociological perspective, under the background that workers cannot hold large and complex production tools and production paradigms are complex, so the structure of contracts is used to improve the cooperation mode and efficiency between workers, and finally achieve effective production goals.
Corporate contracts can be divided into two types: employment system and transaction system, both of which are structured contracts that originated in the era of industrial production. In the traditional handicraft economy era, the piece-work contract is the default subject of the employment contract, which can satisfy the laborers' direct remuneration after labor. When switching to the era of capitalist large-scale production, the initial cooperation process of many laborers is to make capital. At the same time, the laborers do not master the production tools, and the daily output cannot obtain divisible and tradable rewards. Therefore, at this time, the contract is switched to the purchase of the laborer’s working time, which is the commission amount.
The division of labor helps to reduce transaction costs. Through the above, it is not difficult to find that the emergence of employment contracts is because in the era of capitalist mass production, the delivery of labor results is too complicated, and laborers do not master production tools. The structure of employment contracts promotes modern companies. It was born as the structural subject of the contract, and a centralized-bureaucratic organizational structure appeared under this contract structure. However, in the network chain economy market, workers themselves can hold productivity tools, and laborers and production sites can exist apart from their domain.
The production paradigm is mainly intellectual-intensive and has a simple structure. The structure of the contract can be returned to the contract mechanism based on the piece of work, but it is different from the traditional one-price and one-quantity piece-work. The overall time entrusted volume is divided into pieces, and each piece of time contains the corresponding workload, where the quantity corresponds to the result.
When the labor trades labor with the shared time as the pricing commission amount, the work result delivered in each shard is the amount. At this time, compared with the traditional company-centralized organization that uses the employment time system as the contract structure component, the application is also implemented. With deconstruction, it becomes a distributed organization or a limited decentralized organization, or in other words, a network chain organization.
Its core is that the contract of labor transactions is no longer a complete employment system, but a time-sliced system oriented by work results. At the same time, the contract structure based on the transaction system has changed into a contract structure based on the proposal system. The centralized organization has the main body of the release structure (the company) while the decentralized organization usually only has a clear organizational vision without a clear release.
The main body of the transaction contract structure has allowed more transaction-based contracts to evolve into proposals for the development of the organization, so what follows is the change of the governance mechanism for the organization, the change of the transaction contract, and the traditional bureaucratic governance mechanism for the centralized organization changed to a network chain organization governance mechanism dominated by distributed organizations. Additionally, the contract structure dominated by transactional systems changed to a proposal for organizational development, and transaction pricing changed from passive to active.
## Income and distribution
Income comes from transactions, and the income from transactions depends on the contract. The earliest transaction contract with income is the labor contract for labor, which is exchanged for price. All transactions belong to one type. In order to make contracts, one can either exchange time for prices, or use different abilities within a specified time.
But we still use one ability as the main pricing entrustment quantity, which has continued as the main contract method of modern labor employment until now. In the employment scenario involving the income of the laborers, the above two contracts have two common characteristics no matter what kind of entrustment volume is used for agency pricing: long contract time and undersaturated income, which leads to long-term contracts.
In these long contracts, workers can only use one ability as the transaction subject of income, and cannot switch between different abilities to maximize their income according to market demand. Work ability and creativity are limited to a single, definite problem, restricting the laborer to having a single source of income. That is to say that during the contract period, only one kind of ability can be traded to passively solve clear needs, leaving the laborer unable to take the initiative to solve fundamental problems, which ultimately leads to lower income of laborers.
The transaction is the interaction between the two parties based around the market behavior. The one party to the transaction is the employer who also faces the same problem. It is the most creative solution that holds capital and cannot use more distribution to create activities. The production requirements are stable and efficient, so in the network chain economy period, mobility and creativity are needed, and ultimately reduce production costs and invest more resources to stimulate the creativity of workers.
When workers trade their own diversification capabilities in shared time, and different shared times can hold different transaction types, such as labor income, capital income, or price with quantity. The laborers combine their market-oriented transactions with maximizing income. At the same time, workers can give full play to their creativity, and update proposals to solve problems that already exist but are not good enough or for solutions that do not exist at all, and use their creativity to perfect them.
In the network chain economy, shared transactions and active proposals are officially used to maximize the income of laborers and distribute wealth. At the same time, the diversified pricing mechanism also provides more income opportunities for laborers and keeps them from falling into the trap of the current bureaucracy-centralized value conversion mechanism.
## Competition and coalition
The first lesson of economics is scarcity: we don't have enough resources to fully satisfy everyone's wishes. The first lesson of political science is to ignore the first lesson of economics. Because of the scarcity of resources, there is competition. Competition leads to the pursuit of efficiency, Efficiency generates centralized organizations. Centralization generates corporate giants. Corporate giants create monopolies. And monopolies lead to the continued possession of limited production factors and resources. That is a summary of the current economic cycle of the world.
Competition has tacitly become the meta-hypothesis of society, the rules of cooperation and even production goals that guide all workers. The most well-known theory for competition is the Malthus trap proposed by the nobleman Malthus. After that, game theory designs various strategies based on the background of scarcity to win the competition, creating an infinite competition cycle. When competition is the main factor and when the target coerces the labor force, the sole purpose of winning will dominate the laborer's time and energy allocation, and ultimately lead to the social resource allocation.
That is, limited competitors divide limited resources. Competition also produces hierarchies such as social hierarchies and corporate positions. For example, in addition to the rich material rewards, there are rewards for winning in a competition for promotion to management in a bureaucratic-centralized organization. The desire to dominate cannot be ignored.
Competition is the root of conflict and destruction. The two world wars and the Cold War still have the shadow of human destruction. What really drives human progress has never been competition, but unity in equality is the law of progress (Henry George). Union frees intelligence for improvement and freedom prevents intelligence from being consumed in unnecessary competition. For example, in the era of slavery, the main energy of the master was wasted in managing thousands of slaves.
In a bureaucratic-centralized organization, the main energy of the manager was wasted in monitoring and evaluating the work attitude of employees. Quality and efficiency are focused on so that the manager’s intellect and energies are not used at all for real progress. Human nature is to unite, form a family, tribe, nation and country. Every larger union has allowed human beings to make unprecedented progress. Before modern times, geographic location was the main obstacle to our larger and broader union.
However, in the network chain economy environment of the present, we are linked across geographical locations brought by the internet and have undoubtedly entered a new phase of history. The personalization of productivity tools has already allowed people to get rid of the requirements of centralized production. Therefore, on a global scale, if we can link a wider range of laborers, and at the same time, under the cooperation and governance of the network chain organization, more energy of the laborers, we will be able to achieve real improvement and progress.
## WEconomics, society and economy growth
To sum up, the WEconomics uses the management model of network chain organization to carry out creative production on the basis of low costs by uniting laborers on a global scale under a new production paradigm, activating the entrepreneurial economy, and injecting new ideas into the society.
In this economy, through the new labor value conversion mechanism, the gap between the rich and the poor has been reduced, the employment rate and labor income have been increased through a new labor transaction contract. Innovation has been promoted and the entrepreneurial economy has been activated through a combination of lower costs.
Under the general trend of development, WEconomy will become one of the main economic disciplines to solve current social issues and improve economic development.
# DCO
## **What is DCO**
DCO is a decentralized collaborative organization form which is a kind of producing organization form that is devoted to using the way of linking fragment resources and productivity to co-build and break down the monopoly of capital build that helps anyone who wants to launch startups on the Web3, Meta-verse and Blockchain economy.
### **A decentralized collaborative form and effective of labor value converter**
With the development of new technologies and tools such as blockchains, AI, and the internet of things, societies are undergoing an organizational change.
The centralized organization form gradually shifts to a decentralized organizational form that advocates more freedom, more transparency and individual oriented values such as self sovereignty, freedom of movement and freedom of time.
Digital Nomads and freelancers are growing at a rapid pace, establishing themselves as a new, more convenient and efficient solution for many people.
Building a DCO revolves around the fact that the individual is the initiator of the organization. Any individual can build their own DCO, bootstrap their own vision, and build the corresponding DCO through consensus and the tools offered by WEconomy team.
The collaborative mode of the DCO is mainly based on distributed, asynchronous online collaboration and online collaboration.
Through DCO practice of WEconomy team oin the past two years, we have summarized the following traits in successful members:
Asking questions, thinking actively, discovering problems or proposing new ways of resolving them, communicating actively. These active characteristics are key for members.
The DCO organization model completely gives all the initiative to the members themselves. This gives them a higher incentive and drives more initiative. A strong self-management ability and open-source thinking will go a long way:
In a traditional organization, members remain the same, fixed, from start to finish. However, in a DCO, members don’t have mandatory constraints, and thus a certain degree of mobility. Comers come and go according to the needs of the different projects.
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# Incubator
WEconomy Incubator is a visionary platform designed to fuel innovation within the Web3 ecosystem. It provides a rich tapestry of resources, services, and unwavering support, empowering individuals and projects to excel in the ever-evolving Web3 landscape. Let's delve into the core elements of WEconomy and explore its offerings in greater detail:
## How To Apply
Desire to launch your own web3 protocol but short on resources? Join WEconomy Incubator now
1.Create Your Project on WELaunch.work
2.Seek Support on WEconomy Discord by opening a ticket
3.Submit your Requirements
## Vision and Mission
**Vision:** WEconomy's vision is founded on the principle of empowerment. They strive to eliminate obstacles and create an environment where everyone, regardless of their background, can chase their dreams and boost their income. This is achieved by harnessing the potential of blockchain and Web3 technologies to foster a fully open, secure, decentralized startup economy.
**Mission:** At the heart of WEconomy's mission is turning their vision into reality. They are trailblazers in constructing a blockchain-based startup economy. Their mission involves offering extensive support through all-encompassing blockchain startup solutions to like-minded individuals who champion an inclusive, open, and decentralized world. They are devoted to empowering Web3 pioneers to transform innovative ideas into tangible, impactful projects, making the Web3 ecosystem more inclusive and innovative.
## Provding What WE Can
## Methodology:
**Welaunch.work Launchpad:** This is the cornerstone of WEconomy's methodology. It serves as an all-in-one launchpad that empowers builders to bring their projects to life from the ground up, all without the need for coding or seeking permission. This launchpad comprises several essential components:
1.IDO Launch: Facilitating project kickstart through fund-raising via Initial DEX Offerings (IDOs).
2.Bounty Program: Attracting developers by offering bounties.
3.On-chain Governance: Ensuring transparent governance of the protocol, promoting openness and accountability.
**Comprehensive Support:** WEconomy offers a complete spectrum of support services that include:
1.Marketing: Crafting effective marketing strategies to boost project visibility.
2.Funding: Assisting in securing crucial financial support.
3.Talent Acquisition: Aiding in recruiting the right talent for project development.
4.Developer Support: Providing guidance and resources to assist developers.
5.Idea Nurturing: Cultivating and refining project ideas.
6.Brand Development: Building and promoting the project's brand.
7.Project Management: Offering robust project management services to ensure project success.
**Liquidity Generation Events (LGE):** WEconomy takes the initiative to organize Liquidity Generation Events (LGEs) aimed at bolstering on-chain liquidity. This guarantees a fair and efficient token distribution to early project supporters.
**Tokenchart.in:** This is a comprehensive DeFi gateway providing real-time price charts and thorough trading data analysis across multiple blockchain networks and decentralized exchanges (DEXs). It offers a host of features, such as watchlists, DeFi portfolio tracking, notebooks, and price alerts, all of which significantly boost token promotion in the market.
**Progress Tracking and Revenue Optimization:** At WEconomy, meticulous monitoring of project growth and revenue optimization is a priority. This ensures that both projects and investors receive optimal returns and that projects reach their full potential within the Web3 ecosystem
## The WEconomy Difference:
**One-stop Solution:** WEconomy stands out by offering a comprehensive one-stop solution for project development. Builders can take projects from conception to fruition without the need for coding or permissions, simplifying the process significantly.
**Rich Experience:** The WEconomy team comprises seasoned experts who have played pivotal roles in the Web3 revolution. Their collective experience and expertise significantly contribute to the success of the projects they support.
**Comprehensive Support:** WEconomy offers a holistic range of services, guiding projects from the idea stage to successful execution and beyond. This well-rounded support approach ensures project success.
**Collaborative Community:** By joining WEconomy, project builders become part of a vibrant and passionate community, including experts and enthusiasts who share the same vision. This collaborative network can offer valuable insights and support.
**Token Promotion:** WEconomy leverages its powerful platform, Tokenchart, to assist projects in promoting their tokens in the market. This increased visibility and reach can significantly benefit projects.
**Partnerships:** WEconomy has cultivated close partnerships with prominent blockchain chains, such as Syscoin, Rollux, IoTex, Polygon zkEVM, and Lumoz. These partnerships open doors to additional opportunities and resources for the projects they support.
## Incubation Services:
**Mentorship and Guidance:** WEconomy provides direct access to experienced advisors who offer valuable guidance in various aspects, including technical aspects, business strategy development, and community building support. This mentorship is essential for project success.
**Resource Provision:** WEconomy offers a wide range of resources, including developer services, financial support, educational opportunities, and marketing support. These resources are crucial for overcoming challenges and turning ideas into reality.
**Comprehensive Solutions:** WEconomy offers innovative tools and solutions that streamline the project development process. This includes WELaunch for project launches, ve33 Swap for decentralized exchange services, and TokenChart for monitoring token performance and data analytics.
## **Support Ecosystem**
WEconomy has established a robust support ecosystem to assist projects in various critical areas:
**Marketing Strategies:** They offer customized marketing solutions to effectively promote projects and gain market support.
**Funding Opportunities:** WEconomy assists projects in securing funding from a variety of sources, including venture capital, grants, and token sales. This financial support can be instrumental in bringing project ideas to life.
**Development Resources:** They provide technical guidance and resources to help project teams overcome challenges and meet their development goals, ensuring that projects are executed with precision.
**Project Management Tools:** WEconomy offers tools and insights to ensure that projects are managed effectively, helping them meet their goals efficiently.
## Getting Started
For those ready to embark on their Web3 journey with WEconomy, here's how to get started:
Visit their website at[ weconomy.network](https://weconomy.network/) to learn more about their services.
Contact our team at[ https://discord.gg/Jea7PwARN3](https://discord.gg/Jea7PwARN3) to discuss your project or inquire about collaboration opportunities.
Connect with us on social media to stay updated on the latest Web3 developments and community events.
In essence, WEconomy Web3 Incubator serves as a comprehensive and supportive ecosystem, empowering Web3 pioneers to transform their innovative ideas into reality. It offers a vast array of resources, expertise, and a collaborative community that shares the vision of creating a more inclusive and innovative Web3 ecosystem. By leveraging their unique one-stop solution and strong partnerships, WEconomy provides the tools and support needed for projects to thrive in the ever-evolving Web3 world.
# LGGE
Liquidity Generation And Growth Event
## Blackground
The protocol ecosystem, serving as the foundational core of the cryptocurrency landscape, has experienced exponential growth in recent years. It represents the primary gateway through which new users enter the blockchain sphere. Consequently, numerous global innovators aspire to develop their own protocols to secure a prominent position within the fiercely competitive crypto ecosystem. However, solo developers, teams devoid of branding, and those grappling with funding constraints face formidable barriers. These challenges encompass:
1.**Developer Proficiency**: The development of a protocol necessitates a high level of technical expertise, posing a significant hurdle for those lacking such capabilities.
2.**Financial Resources**: Building a protocol without access to adequate funding resources is a formidable undertaking, often stymying progress.
3.**Fundraising Challenges**: The process of raising funds, especially for early-stage teams, presents a daunting challenge fraught with uncertainty.
4.**Transparency in Governance**: The absence of transparency within governance structures can undermine trust, cooperation, and the overall success of the project.
5.**Marketing Competence**: Effective promotion and marketing of the protocol require specialized expertise, making it a complex aspect for many solo developers and teams.
6.**Liquidity Generation**: The establishment of liquidity from the ground up is a multifaceted endeavor, often requiring significant resources and strategic planning.
In the current cryptocurrency landscape, which is predominantly influenced by major venture capital entities and influential market leaders, the task of establishing a protocol as a solo developer or a brandless team is exceptionally arduous.
However, it is imperative to recognize that success in the cryptocurrency industry is more akin to a marathon than a sprint. It is with this enduring commitment that we strive to dismantle these barriers and create a level playing field, thereby affording equal opportunities to all aspiring builders.
## Methodology
The comprehensive methodology is orchestrated through a tripartite framework, featuring a launchpad, a ve(3,3) Dex and TokenChart as its core components.
1.**Protool Launch and Fundraising**: The protocol strategically initiates an Initial Dex Offering (IDO) through the designated launchpad to secure essential funding.
2.**Price Determination:** Following the culmination of the IDO, the listing price for the protocol's token is meticulously established.
3.**Liquidity Transition**: The protocol adeptly orchestrates the seamless transfer of initial liquidity from the launchpad to the ve(3,3)Dex, ensuring a fluid transition.
4.**Liquidity Optimization**: To incentivize liquidity provision, experienced Liquidity Providers (LPers) actively contribute assets to fortify the protocol's liquidity pool on the Dex. This engagement rewards them with a dual incentive structure encompassing both Dex token emissions and transaction fees generated from swapping activities.
5.**Strategic Token Promotion**: A meticulously crafted marketing strategy is executed to elevate the token's prominence and visibility on distinguished TokenChart, thereby enhancing its standing within the broader cryptocurrency ecosystem.
## The Benefits
The six primary benefits that can be realized through the described methodology for the protocol:
1.**Efficient Fundraising**: The IDO launchpad provides an efficient means for the protocol to secure funding, allowing for a streamlined capital acquisition process.
2.**Fair Market Price**: The dynamic listing price based on IDO progress ensures that the protocol's token is launched at a fair and market-driven valuation, offering transparency to investors.
3.**Builder Engagement:** The ability to offer bounties encourages collaboration and attracts talented builders to contribute to the protocol's development, fostering innovation.
4.**Community Involvement**: On-chain governance proposals promote active participation from the community, giving stakeholders a voice in decision-making processes.
5.**Enhanced Credibility**: Maintaining transparency throughout the building workflow enhances the team's credibility, which can attract more builders and investors, bolstering the protocol's long-term prospects.
6.**Liquidity Growth**: Encouraging Liquidity Providers (LPers) to add assets to the protocol fosters the growth of its liquidity pool. This increased liquidity enhances the protocol's stability and attractiveness to traders and investors, further strengthening its market position and resilience.
7.**Marketing Promotion:** Strategic marketing supports to elevate the protocol's visibility and presence within the cryptocurrency ecosystem, attracting a wider audience of potential users and investors.
## The Protocols
### WELaunch
An all-in-one blockchain projects launchpad, provides project launch, decentralized fundraising, on-chain governance and bounty that is devoted to helping builders launch their projects easily with non-code and zero costs.
WELaunch offers an innovative and equitable IDO model featuring a price discovery mechanism. This mechanism not only assists protocols in determining a fair launch price but also benefits investors by providing them with an optimal entry point for their investments.
1.**Initial IDO Price**: The IDO commences with an initial price point.
2.**Dynamic Listing Price**: The listing price dynamically adjusts based on the progress of the IDO, ensuring a fair and market-driven valuation.
3.**Builder Bounties**: The team has the option to offer bounties, incentivizing developers to collaborate in building for the protocol.
4.**Governance Proposals**: The team can submit proposals, inviting the community to actively engage in on-chain governance decisions.
5.**Transparent Workflow**: An unwavering commitment to an open and transparent workflow enhances the team's credibility, making it more appealing to builders and investors alike.
### EchoSwap
EchoSwap is native liquidity marketplace driving ve(3,3) concept . It drives the solidly concept of redistributing fees and token emissions to multiple roles with the features of staking, bribing and vote-escrowed tokens etc, involving community into the protocol to expand DeFi mission.
#### How to Earn in EchoSwap
By actively participating in liquidity provision, voting, locking $ECHO, and holding veECHO, you can earn $ECHO emissions, trading fees, bribes, and veECHO rewards. These mechanisms incentivize engagement and contribute to the overall growth and success of the ecosystem.
**Provide liquidity to earn $ECHO emissions**
1.By providing liquidity to the supported liquidity pools and staking your LP tokens, you can earn $ECHO tokens.
2.Whether you deposit or withdraw liquidity, there are no fees involved in earning $ECHO emissions.
**Vote to earn trading fees and bribes**
1.As a veECHO holder, you have the power to vote for your preferred liquidity pool in each epoch.
2.By voting for a specific pool, you can earn 80% of the trading fees and 100% of the bribes collected through that pool.
3.Voting allows you to participate in the governance and decision-making process of the protocol.
**Lock $ECHO to earn veECHO**
1.$ECHO holders have the option to vote-escrow their tokens by locking them for a specified period.
2.By locking $ECHO, you can earn veECHO tokens, which provide governance rights and other benefits within the ecosystem.
3.The lock period can range from a minimum of 6 months to a maximum of 2 years, with a linear relationship between the lock duration and the amount of veECHO earned.
**veECHO holders to rebase to earn**
1.veECHO holders are eligible to receive veECHO tokens as part of the rebase mechanism.
2.These rewards are distributed to veECHO holders in order to reduce voting power dilution.
3.You can claim the veECHO rewards as they accrue, and they are distributed proportionally to all veECHO holders.
### TokenChart
A one-stop gateway of Defi provides real-time price charts and trading data analysis across multi-chains and Dexs that integrates many utility tools, including watchlist, DeFi portfolio tracker, notebook, price alert etc.
# Syscoin Web3 Incubator
Liquidity as a grant
## Syscoin Web3 Incuabtor
Syscoin Web3 Incubator(SWI) is an open Web3 incubator setup as a DAO . It is dedicated to empowering more BUIDLers entry into the Web3 world, with a focus on removing barriers through the incubating and investing process while simultaneously promoting the entire Syscoin ecosystem.
The incubator is approved by Syscoin Foundation, thrives on the Syscoin layer-1 and layer-2 Rollux ecosystem, is operated by WEconomy Combinator, and provides support through funding, grants, marketing, community, technology, brand endorse etc, to help more Buidlers, Developers, Creators, Artists and Business owners build their Web3 projects.
The incubator offers a totally different model compared to the traditional paradigm of incubators. It has no application process, no forms, no non-professional experts to judge, no exams, no permission; anyone can participate in the incubator automatically to run their Web3 projects with support from Syscoin and WEconomy, and the decision of investors as are voted upon by WESYS token holders.
## How to apply for incubating
> 1.Create your project with tag #SysWeb3Incubator on Syscoin through WEconomy
>
> 2.Post a proposal to Syscoin Web3 Incubator project which is on WEconomy, apply for incubating
>
> 3.Promote your project to community for seeking for voting ‘yes’ from community
## Character of the incubator
> 1.It’s a DAO of venture and incubating\
> 2.It’s a launchpad of Syscoin ecosystem based on WEconomy\
> 3.It’s a BUIDLer collaborative community
## The advantages of incubator
> 1.Liquidity as a grant
>
> 2.100% Community-driven
>
> 3.Governed transparently on-chain
>
> 4.Permissionless and openness
>
> 5.Voting to invest and earn revenue
>
> 6.Provide incentives of liquidity
>
> 7.Incubating project from zero to one
## What is liquidity-as-a-grant
The whole grants will be splitted into multi parts, then put a single part grant into a crowdfunding liquidity pool of projects to be granted, meanwhile, according to the development process and operation quality of projects, grants will be voted on by the **incubator DAO**.
It’s total different with traditional model of grant which projects are officially approved to get grants one-time paid, or win some kinds of competitions or post a demo, etc. but in fact most of those projects had gone in a flash they get grants, or another projects cannot insist to develop their project becoz of the unreasonable funding assignment, etc.
So **liquidity-as-a-grant** is a long-term supporting plan to provide reasonable grants to projects according to the performance of projects, that aims to help projects grow rapidly.
## The incubator has two functions
> 1.Incubation: help individuals to build Web3 projects from zero to one
>
> 2.Liquidity as a grant: Provide support of liquidity grants into early-stage DAO, Web3 projects.
## How it works
> 1.The incubator DAO will collect all projects which hopes to be incubated from proposals, post a vote to community to convene stakeholders voting on it
>
> 2.The stakeholders will vote to decide which projects will be injected into liquidity grants
That means anyone can propose partnerships for SWI. WESYS token holders will vote on whether to approve or reject these proposals. Holding WESYS token entitles holders to submit and vote on proposals. It does not entitle holders to impose their will upon other contributors. For example, a proposal should be written as "we believe X product has the potential for exceptional growth. Here is the incubator DAO funding request and detailed proposal.”
## WESYS
WESYS is the native token of Syscoin Web3 Incubator that aims to grow treasury of SWI for supporting builders of the decentralized economy on Syscoin, also which acts as a multi-utilities token dedicated to incubating and thriving the entire Syscoin ecosystem and is the key to the incubator process.
#### The WESYS token has five primary use cases:
> 1.Voting on investing strategy of incubator
>
> 2.Voting on incubator governance
>
> 3.Earning revenue from investment of the Incubator DAO
>
> 4.Earning benefits from projects of portfolio
>
> 5.Earning rewards from specific campaigns
#### Revenue Sharing:
There are two primary ways of generating investment revenue
> 1.Gain straight the 80% revenue from investment
>
> 2.Earn specific rewards and various rights from the incubator portfolio
#### General information
> Chain: Syscoin
>
> Symbol: WESYS
>
> Initial supply: 10,000,000
>
> Contract address: xxx
#### Crowdfunding Price
1 WESYS = 1 SYS
> Note: The Crowdfunding pool will be moved into a [pegasys.finance](https://pegasys.finance/) liquidity pool when WEcrowdfunding ends
#### Distribution
> 50%, Crowdfunding pool
>
> 20%, Liquidity pool
>
> 5%, Syscoin foundation
>
> 5%, WEconomy combinator
>
> 2%, Community rewards
>
> 18%, Treasury
#### Treasury
xxx
# Foundation
Coming soon
# Fund
Coming soon
# Official Links
Website: [https://weconomy.network](https://weconomy.network/)
Discord:
Twitter:
Telegram:
TokenChart: [http://tokenchart.in](http://tokenchart.in/)
# API
