Low-Friction Payments: Seamless transactions for robots and humans.
Data Verification: Walrus ensures immutable, verifiable data delivery.
Trustless Contracts: Peer-to-peer agreements on Sui eliminate platform risk.
Token Model
Type: Utility token named Silicon, built on Sui blockchain.
Utility:
Payments for data collection (Contributors) and curation (Curators).
Staking by Contributors and Curators to ensure quality (slashed for poor performance).
Sui Features:
zkLogin: Seamless logins via web credentials, abstracting wallet management.
Easy of Storage and EncryptionTusky on Walrus storage fees and end-to-end encryption.
Stablecoin Conversion: Automatic conversion to USDC/USDT via Sui smart contracts.
Hold/Sell: Participants choose to hold Silicon or sell seamlessly via Sui smart contracts.
Token Supply
Total Supply: 1B Silicon tokens (fixed).
Allocation:
Team: 15% (150M, 4-year vesting).
Ecosystem Fund: 20% (200M, for development, partnerships).
Community: 65% (650M, via task and curation rewards).
No Presale: Distributed through task and curation rewards.
Token Flow
Consumers post bounties with Silicon, deposited into escrow for data collection and curation.
Contributors (robotic or human) collect data (e.g., 3D maps, crop data), upload to Walrus.
Curators refine data (e.g., clean, annotate), upload enhanced data to Walrus.
Walrus verifies data and curation quality; Silicon released to Contributors and Curators.
Platform takes 1-2% fee for ecosystem funding.
Incentives
Contributors: Earn Silicon for data collection; high-quality submissions boost reputation.
Curators: Earn Silicon for refining data; quality curation enhances reputation.
Consumers: Access raw and refined data; potential revenue from data sales.
Data Handling
Storage: Raw and curated data stored on Walrus for immutability.
Verification: On-chain proof of delivery on Sui triggers payments.
Data Marketplace: Future sales of anonymized data (40% Consumer, 30% Contributor, 20% Curator, 10% platform).
Sustainability
Demand: Driven by bounty posting, staking, and data sales.
Supply: Fixed, balanced by fees and potential Silicon burns.
Technical Architecture
Data Storage: Raw and curated data stored on Walrus, ensuring decentralized, immutable availability.
Order Management: Bounties and completion criteria hosted transparently on Sui smart contracts, inspired by DeepBook’s efficient order book for matching Contributors, Curators, and Consumers.
Integration: Sui smart contracts manage escrow, payments, and verification, interfacing with Walrus for on-chain proof of delivery.