Founder of https://xitter.cf/t.co/kZIdK3OQN7 P2P Digital Barter https://xitter.cf/t.co/t5ldOb1mW9
Malaga, Spain
Joined May 2023
- Tweets712
- Following1.1K
- Followers375
- Likes1.5K
2 years later and we are still adapting and building.
Centralization is about limiting real choice. Decentralization offers freedom and more choice.
We are humans, we are all different.🥰
Our project values the skills and knowledge of each unique human.
addonx.io
The transaction fees on #Cardano are based on the amount of data within the transaction.
But, the price of those fees, in fiat money, depends on the market value of ADA.
When the value of ADA is down, transactions are cheaper.
When you engage in P2P Digital Barter on Addonx the price of ADA does not affect the value of your personal tokens.
In fact it's cheaper to exchange when the price of ADA is low.
It's time we tied personal tokens to our real value.
P2P Digital Barter with addonx let's you exchange tokens that represent the skills, service or time of a real human.
Check my bio to learn more.
'Get people in, solve real problems...'
Verify your reputation✅
Use it to pay for what you need ✅
P2P Digital Barter ✅
➡️Addonx
Addonx lets you create a receipt, a claim ticket, not for gold but for your service, skill, content or whatever you want to offer.
You can then barter that 'promise' with others who trust in you and your reputation to deliver. And, others can also barter with your 'promise'.
Paper money was never supposed to be the money.
It was a receipt.
You deposited gold at a bank.
The bank gave you a note that said:
"The bearer of this note may redeem it for X amount of gold."
That's all a dollar was. A claim ticket.
The paper had no value.
The gold in the vault did.
The paper just made it easier to carry.
This system worked for centuries.
Every major currency was backed this way.
The British pound.
The French franc.
The U.S. dollar.
Then, slowly, governments realized something:
If people trust the paper,
they never come for the gold.
So they printed more notes than they had gold.
Then more.
Then more.
When too many people asked questions,
they closed the gold window.
That was supposed to be temporary.
55 years later, the dollar is still backed by nothing
but trust. And that trust has cost you 97% of your purchasing power.
The receipt became the money.
Global money became trust-based.
And money became nothing but a promise
that nobody has to keep.
"Billions of A.I. Agents will need a new financial system, a new payment system."
Our economic systems are being digitally 'upgraded' and our value as humans is changing.
P2P digital barter allows us to transact outside those systems.
In order to barter digitally, personal tokens are created, unique to each individual.
A personal token is a promise to exchange something and also represents the reputation it's creator.
When you exchange personal tokens based on your own reputation, the value of what you offer is not affected by dollar devaluation.
Find out about 'P2P digital barter' from the link in my bio.
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We invented P2P Digital Barter to address problems that we expect to arise from future digital, centralized and programmable forms of currency.
To barter digitally, peer to peer, we created the concept of a token that's personal to you and only you.
Sovereign Money!
This is my personal token, minted to my wallet and controlled only by me!
My wallet page on the addonx platform shows the total supply and how many people hold my token. This means 13 people accept my token and have faith in the value of my service and reputation.
James Reilly retweeted
Unpopular opinion: If you hold stablecoins, you don't actually own crypto.
They are centralized CBDC’s that run on crypto rails and many are clueless to this fact.
Choose permissionless over permissioned.
Great clip @RealAllinCrypto
An individual creates a unique set of fungible tokens, tied to an identity and a profile. The token represents something that the individual wants to offer as barter. The 'something' that the individual wants to offer becomes abstracted in the token.
P2P Digital Barter on addonx.io is easy but don't forget we are on Test net - Preview.
Set your wallet accordingly.
It costs nothing to test!
No fees for minting or transacting.
I can send you some tADA to onboard.
Let me know;)
Big shout out to the @coc_space crew for having me on yesterday!
It's always great to get quality feedback from @Jennycitalinda
The text below might help clarify one of the points I had difficulty explaining yesterday😊
A note on the value of Personal Tokens.
The tokens don't value the individual they only represent them. Each negotiation is different.
The promise you define on your profile page is public and represents the face value of your token.
As when bartering in the real world you have control over the real value of your offering. The face value can be different to the real value you would like to offer a friend or peer.
For example, if you are a software developer, you might define the face value on your profile page as 50 tokens for a 10 minute consultation, but in a private session with a trusted acquaintance you are free to offer an hour or two of real development work for the same 50 tokens. How you barter your offering is up to you, it's peer to peer!
We can see that the token may have two different types of value. The first fixed, the face or public value, the promise or obligation you have defined on your profile page. The second, dynamic, decided by the two parties who want to use your token to barter.
Join us today on @coc_space to talk about this and our @Catalyst_onX Fund15 proposal.☕️
Allow me to introduce P2P Digital barter.
Your money is becoming completely digital.
Your money will be controlled by your reputation.
Your social credit score.
If your money is switched off, you can't transact.
How does P2P Digital Barter solve this problem?
Addonx is the first platform to host P2P Digital barter.
We have created and refined the concept and we have built a working POC on #cardano test net.
At the moment you don't need P2P Digital Barter but we believe in the future you will!
Help us build a robust MVP on the #cardano main net by voting for our Catalyst Fund15 proposal. Thank you!
projectcatalyst.io/funds/15/…
