Web3.0’s value proposition-to embrace paradigm shift from consumption to ownership
Introduction Reviewing the history of internet development in the past few decades, it can be summarized as three different stages: Web 1.0, Web 2.0 and Web 3.0. Web 1.0 is generally considered to have begun in early 1990s offering basic read-only webpages without any user interaction. Web 2.0 came roughly at the beginning of 21st century and continued to today, where users not only read but also create the content based on various social media platforms namely YouTube, Twitter and Meta(Faceb...
Project Brief - THORChain ($RUNE)
Project Description. THORChain (Thor Chain) is a decentralized cross-chain AMM trading protocol that was just created by an anonymous group of cryptocurrency developers at Binance's hackathon in 2018. With THORCHain, users can trade tokens between different L1 blockchains, eliminating the need to trade through a centralized exchange. For users who have always sought privacy protection and asset safekeeping, THORChain offers one of the key features to replace centralized exchanges (CEX): ...
Project Information - Ronin ($RON)
Project ProfileRonin is a sidechain of Ethernet and a dedicated chain of Axie Infinity, the first major chain tour. It aims to solve the problem of congestion and high Gas fee of Ether L1, providing reliable, fast and reasonable cost for the development of the game, and also avoiding the scaling problem that will arise later by using the existing blockchain. Ronin Ecology Ronin Wallet Bridge The Ronin Explorer Purchase Staking Official website: https://bridge.roninchain.com/ Twitter: https://...
Web3.0’s value proposition-to embrace paradigm shift from consumption to ownership
Introduction Reviewing the history of internet development in the past few decades, it can be summarized as three different stages: Web 1.0, Web 2.0 and Web 3.0. Web 1.0 is generally considered to have begun in early 1990s offering basic read-only webpages without any user interaction. Web 2.0 came roughly at the beginning of 21st century and continued to today, where users not only read but also create the content based on various social media platforms namely YouTube, Twitter and Meta(Faceb...
Project Brief - THORChain ($RUNE)
Project Description. THORChain (Thor Chain) is a decentralized cross-chain AMM trading protocol that was just created by an anonymous group of cryptocurrency developers at Binance's hackathon in 2018. With THORCHain, users can trade tokens between different L1 blockchains, eliminating the need to trade through a centralized exchange. For users who have always sought privacy protection and asset safekeeping, THORChain offers one of the key features to replace centralized exchanges (CEX): ...
Project Information - Ronin ($RON)
Project ProfileRonin is a sidechain of Ethernet and a dedicated chain of Axie Infinity, the first major chain tour. It aims to solve the problem of congestion and high Gas fee of Ether L1, providing reliable, fast and reasonable cost for the development of the game, and also avoiding the scaling problem that will arise later by using the existing blockchain. Ronin Ecology Ronin Wallet Bridge The Ronin Explorer Purchase Staking Official website: https://bridge.roninchain.com/ Twitter: https://...
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01 Brief Project Description Abacus is a decentralized NFT price valuation tool with the ability to individually value any NFT, combining proof of equity and reverse prediction market mechanisms to provide high value liquidity to blue chip NFTs. Solve the valuation problem of NFT lending.
Official website: https://abacus.wtf/
Twitter (4,456 followers): https://twitter.com/abacus_wtf
Discord (1,953 members): http:// discord.com/invite/abacus
02 Project Explanation Abacus offers two main valuation methods
AbacusCrowds. Allows all users to submit their own personal valuations to get the value of any nft through the wisdom of the crowd, with rewards for participants within the profit range. In order to determine which NFT will be appraised, an auction is held and the highest bidder will have their NFT appraised in the next appraisal, with this highest bid also becoming the bounty for the appraisal. the NFT bounty will be distributed to all appraisers who appraise accurately.
To participate in the evaluation, users must first have at least the equivalent of 0.005eth of $ABC tokens as a deposit, submit the evaluation price and the amount they wish to pledge, and the amount pledged as a percentage of the total pledge will affect the percentage of the final reward distribution. Each evaluation will have a certain time period, usually one day, after which the final valuation will be taken as the average of all the quotes that participated in the evaluation.
Participants whose quotes are within 5% of the final valuation will receive a bounty allocation, with the smaller the percentage of error the larger the bonus. If the error exceeds 5%, a small portion of the pledge will be lost, for example, if the error is 6%, the user will lose 6%-5%, i.e. 1% of the pledge, which will also be included in the prize pool for distribution. The maximum loss percentage for pledges is 5%, i.e. any error beyond 10% will also be counted as the maximum loss percentage.
Participation in the AbacusCrowds evaluation is currently only available on Arbitrum.
Abacus Spot. A pooling model that creates a liquid market around NFTs and provides a 0 risk NFT valuation for lending. This unlocks 2x any LTV currently offered, guarantees liquidation value, so lenders have zero risk, and borrowers receive NFT proceeds in the Spot (allowing them to repay the loan themselves), with each NFT valued at full value.
The equivalent here is a number of NFT flow pools, with the underlying value underpinning the value of the NFT itself. The value of the pool = the value of the NFT. Traders can judge whether the current pool is profitable or not, the earlier they join the lower the risk. all traders who participate in the pool liquidity are rewarded with epoch credit points. epoch credit points are rewarded with the amount and time of the pledge. epoch credit points can be exchanged for $ABC to trade in the market.
Traders need to judge the valuation carefully, the NFT owner has the right to withdraw from the pool at any time, both to harvest all the funds in the pool and to relinquish ownership of the NFT, at which point the NFT will be auctioned for its final value and the eth from the auction will be returned to the trader in the order of participation. If the final auction price is lower than the value of the pool, traders who participated later will lose the amount they pledged. If the final auction price is higher than the pool value, all traders will be able to return the pledged amount and distribute the excess ETH.
The Abacus Spot core contract has been completed and is in the final stages of internal testing. an audit was conducted with Halborn in the first week of March. A test network will be launched in the coming weeks, starting with L1 and Arbitrum, to allow Abacus users to familiarize themselves with the protocol during the audit.
03 Economic Model ABC tokens are mainly used to participate in reward weight distribution, pledge mining, and purchase advanced access rights. The total volume for the first 3 years is 2 billion, y1 700m, y2 350m, y3 150m, with a specific emission schedule to be announced later. Once the supply reaches 2 billion, a final inflation rate of 2% per year will occur.
The total supply of 2 billion is distributed as follows
60% Community Assessment Incentive 35% to shareholders (team and investors) with a 1 year vesting period 5% to the community reserve
epoch credit (abbreviated as EDC) Since ABC emissions vary per epoch, a credit is introduced here as a direct reward for the user's participation in the evaluation, which the user can exchange for ABC.
Public Pre-Sales There will be a public pre-sale of 50 million ABCs (2.5% of the target supply) with an FDV cap of $100 million. If pre-sales increase beyond this FDV target, all buyers will receive a pro-rata share of the tokens purchased. The excess amount paid will automatically be used to purchase EDCs at a 1:1 ratio and will be applied to Epoch 1. The sale is being offered via a whitelist, for which registration is currently closed and launch time TBD, so keep an eye on the official Twitter feed.
04 Project Summary The Crown approach is relatively inefficient and does not provide a timely valuation for NFTs that need it. The Abacus Spot model is more user-friendly than other pools based on series floor pricing, adding a gaming perspective, returning to the value of each NFT, and improving the efficiency of capital. The current valuation of NFT mortgage lending is less than 1% of the total NFT market, and the Abacus Spot model can fill the basic logic of the pooling model. Stay tuned.
Welcome to join #NowhereDAO, a free information and token information sharing platform

01 Brief Project Description Abacus is a decentralized NFT price valuation tool with the ability to individually value any NFT, combining proof of equity and reverse prediction market mechanisms to provide high value liquidity to blue chip NFTs. Solve the valuation problem of NFT lending.
Official website: https://abacus.wtf/
Twitter (4,456 followers): https://twitter.com/abacus_wtf
Discord (1,953 members): http:// discord.com/invite/abacus
02 Project Explanation Abacus offers two main valuation methods
AbacusCrowds. Allows all users to submit their own personal valuations to get the value of any nft through the wisdom of the crowd, with rewards for participants within the profit range. In order to determine which NFT will be appraised, an auction is held and the highest bidder will have their NFT appraised in the next appraisal, with this highest bid also becoming the bounty for the appraisal. the NFT bounty will be distributed to all appraisers who appraise accurately.
To participate in the evaluation, users must first have at least the equivalent of 0.005eth of $ABC tokens as a deposit, submit the evaluation price and the amount they wish to pledge, and the amount pledged as a percentage of the total pledge will affect the percentage of the final reward distribution. Each evaluation will have a certain time period, usually one day, after which the final valuation will be taken as the average of all the quotes that participated in the evaluation.
Participants whose quotes are within 5% of the final valuation will receive a bounty allocation, with the smaller the percentage of error the larger the bonus. If the error exceeds 5%, a small portion of the pledge will be lost, for example, if the error is 6%, the user will lose 6%-5%, i.e. 1% of the pledge, which will also be included in the prize pool for distribution. The maximum loss percentage for pledges is 5%, i.e. any error beyond 10% will also be counted as the maximum loss percentage.
Participation in the AbacusCrowds evaluation is currently only available on Arbitrum.
Abacus Spot. A pooling model that creates a liquid market around NFTs and provides a 0 risk NFT valuation for lending. This unlocks 2x any LTV currently offered, guarantees liquidation value, so lenders have zero risk, and borrowers receive NFT proceeds in the Spot (allowing them to repay the loan themselves), with each NFT valued at full value.
The equivalent here is a number of NFT flow pools, with the underlying value underpinning the value of the NFT itself. The value of the pool = the value of the NFT. Traders can judge whether the current pool is profitable or not, the earlier they join the lower the risk. all traders who participate in the pool liquidity are rewarded with epoch credit points. epoch credit points are rewarded with the amount and time of the pledge. epoch credit points can be exchanged for $ABC to trade in the market.
Traders need to judge the valuation carefully, the NFT owner has the right to withdraw from the pool at any time, both to harvest all the funds in the pool and to relinquish ownership of the NFT, at which point the NFT will be auctioned for its final value and the eth from the auction will be returned to the trader in the order of participation. If the final auction price is lower than the value of the pool, traders who participated later will lose the amount they pledged. If the final auction price is higher than the pool value, all traders will be able to return the pledged amount and distribute the excess ETH.
The Abacus Spot core contract has been completed and is in the final stages of internal testing. an audit was conducted with Halborn in the first week of March. A test network will be launched in the coming weeks, starting with L1 and Arbitrum, to allow Abacus users to familiarize themselves with the protocol during the audit.
03 Economic Model ABC tokens are mainly used to participate in reward weight distribution, pledge mining, and purchase advanced access rights. The total volume for the first 3 years is 2 billion, y1 700m, y2 350m, y3 150m, with a specific emission schedule to be announced later. Once the supply reaches 2 billion, a final inflation rate of 2% per year will occur.
The total supply of 2 billion is distributed as follows
60% Community Assessment Incentive 35% to shareholders (team and investors) with a 1 year vesting period 5% to the community reserve
epoch credit (abbreviated as EDC) Since ABC emissions vary per epoch, a credit is introduced here as a direct reward for the user's participation in the evaluation, which the user can exchange for ABC.
Public Pre-Sales There will be a public pre-sale of 50 million ABCs (2.5% of the target supply) with an FDV cap of $100 million. If pre-sales increase beyond this FDV target, all buyers will receive a pro-rata share of the tokens purchased. The excess amount paid will automatically be used to purchase EDCs at a 1:1 ratio and will be applied to Epoch 1. The sale is being offered via a whitelist, for which registration is currently closed and launch time TBD, so keep an eye on the official Twitter feed.
04 Project Summary The Crown approach is relatively inefficient and does not provide a timely valuation for NFTs that need it. The Abacus Spot model is more user-friendly than other pools based on series floor pricing, adding a gaming perspective, returning to the value of each NFT, and improving the efficiency of capital. The current valuation of NFT mortgage lending is less than 1% of the total NFT market, and the Abacus Spot model can fill the basic logic of the pooling model. Stay tuned.
Welcome to join #NowhereDAO, a free information and token information sharing platform
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