EDAO tokens are ARC-20 governance and utility tokens in the YED metaverse. Holders of EDAO tokens will be able to claim privileges and rewards in the following ways: 

• actively participating (e.g. trading, voting, development work, contributing, etc.) to receive rewards from the entire ecosystem fee collected in the UBI pool;
• trading on the Acent DEX; and
• participating in the key governance voting system of the YED. 

In the future, EDAO will be listed and tradable on the Acent Swap DEX. EDAO grants the user the ability to participate in ecosystem governance while receiving some portion of ecosystem revenue back to the user. However, EDAO cannot be used as cash to purchase or sell a specific digital asset comparable to a cryptocurrency. 

The following are specifics regarding the EDAO tokens’ benefits for users: 

• Acent Mining 

EDAO holders can mine Acent through the soon-to-be released pledging system for EDAO. For more details and information on the timing of the activation of the pledging system, please visit Chapter VIII of this document about the roadmap. Users who pledge their EDAO will be able to participate in a variety of ecosystem governance and functionalities.

The main goal of the UBI pool is to incentivize and encourage the community to start developing applications on the metaweb to be able to do business and earn token rewards for their participation. More YED businesses are expected to flourish in the Acent blockchain metaweb as we fulfill the social value of allowing everyone to benefit from a fairly designed shared ownership of all financial activity within the YED alternative reality web service. As more people pledge their EDAO tokens, more $ACEs are distributed from the UBI pool. This is expected to increase the interest in the $ACE ecosystem, resulting in sustainable funding and trade volume for the building of the metaweb. As the metaweb becomes more widely adopted through dynamic incentivization, the Acent mining UBI rewards are designed to increase over time.

Governance 

With EDAO, holders can exercise their voting rights on the YED platform. This includes important matters such as foundation grant attributions with regard to content or creation of several features in the YED platform, including prioritization or inclusion of some important activities in the YED roadmap. Other governance benefits of the EDAO include:  

• the ability to submit proposals that could affect the governance of the YED platform; and
• the privilege of reviewing and commenting on the DAO proposals submitted by the members of the community on the YED platform.

There will be 8.1 billion total EDAO tokens available (representing the UN projection of the world’s population by 2025). This is to quantify the value of EDAO as the unit of measurement for the value of monetized creativity, self-governance, and economic power a single person can have on the metaweb. In other words, whatever EDAO is worth, it will be priced as the equivalent of how much creativity, financial potential, and political intelligence an average human being represents. Its token distribution is as follows:

Take note that the proportion of EDAO tokens that are distributed to the Foundation and the Founding team will remain fixed at 9% for the foreseeable future. This is done to ensure the long-term viability of groups that advocate for and put into practice the principles of UBI, open-source metaweb development values, and decentralization. The Founding Team will take on the role of a core team that will carry on with the mission of making the decentralized immersive web a mainstream social infrastructure. On the other hand, the Foundation will see to it that the DAO proposals that have been put forward by the YED community are implemented.

The rest of the EDAO tokens, or 73% of its allocation, can be mined gradually through land sales and Acent pledging. When all 5.913 billion EDAO tokens have been distributed, there will be no more mining of EDAO. Nonetheless, Acent pledgers and land owners can still continue receiving governance and other rewards tokens of essential infrastructure assets such as decentralized ads, DAO proposed innovations, and first party applications such as metamail and messenger services. These initiatives may also be proposed through the DAO.

YED platform users can acquire EDAO tokens through the following: 

1. Pledging of ACE – EDAO can be mined through the Acent pledging system. A provisional computation of the EDAO yield from the Acent pledging can be found below: 

Basically, 1 $ACE pledge will grant the pledger an equivalent of 1 EDAO token per year as their reward for contributing to maintenance and security of the Acent network. With EDAO tokens, pledgers can mine more $ACE. The more EDAO tokens users pledge, the more $ACE they can mine from the Metaweb Incubation Fund and the UBI pool.

Suppose meta-citizen A pledged 50,000 $ACE. Under a certain period and market conditions, it gained him 6.27% $ACE plus the UBI reward and the appreciation of the $ACE currency as more people joined the metaweb.

On the other hand, Meta-citizen B, who pledged 2,000,000 $ACE within the same period and market condition as Meta-citizen A, got the full 13% maximum earnings plus UBI and $ACE appreciation on top of it.

This only means that yield earnings may vary depending on one or more of the following factors: 

• pledged amount,
• market conditions,
• $ACE supply and demand,
• number of pledgers, 
• lock-up period, and
• DAO proposals for readjustments.

Specific details about the Acent pledging rewards will be made available in future community updates.

2. Purchasing Acent City land and mining EDAO from purchased Acent City land spots – YED will open several batches of land sales in Acent City. Each spot of land bought is capable of mining EDAO and also comes with Zero-point Energy Pylon (ZEP) NFTs. A ZEP is an NFT capable of producing digital electricity or energy on its land to power meta-real estates throughout the metaweb. Both ZEP and digital electricity can be traded as commodities on the Acent DEX in the future. 

Below is a provisional computation of EDAO including ZEP rewards for a spot of land valued at 20,000 ACE for 6 years. 

Please take note that the mining rate can be readjusted or varied depending on the amount, the lock-up period, and DAO proposals for readjustments, including market conditions. Specific details about ZEP mining will be made available in future community updates.

3. Purchasing EDAO from the Acent swap decentralized exchange (DEX) – in the absence of land ownership, platform users may purchase EDAO from the Acent Swap DEX through its current ACE market value.

Take note that all EDAO governance tokens will initially be distributed through the Acent pledging and YED land mining, hence, no sales of any kind for EDAO tokens will be available in the market unless a holder decides to sell them. After the total numbers of EDAO are distributed and exhausted, there will be no more public issuance of EDAO and users can therefore acquire it by purchasing it at its market value on the Acent DEX. 

Each parcel of YED land is ARC-20 built on the Acent blockchain. Most lands mirror the real locations of land areas in the physical world with their own XYZ coordinates in the YED metaverse. 

The YED will also create unique land areas with special benefits and rewards, such as Acent City. This is the only place in the YED territories where you can mine digital electricity (called the ZEP). Details about the sale of Acent City lands will be updated soon in our official community.

There are different parcel types available on the YED. These are as follows:

• SPOT: The smallest unit of land that can be bought or sold in the YED is called a “spot.” Its size is 27m x 27m of YED land.
• LOT: A combination of 3 x 3 spots of land is called a “lot.”
• ZONE: A combination of 9 x 9 spots of land is called a “zone.”
• DISTRICT: The biggest contiguous area of land in the YED is called a district, which consists of 27 by 27 spots.

Owning a SPOT of land in the YED has the following uses and advantages:

• Trade land at any NFT marketplace. 

Owners of YED land will be able to trade and profit from the market value of their land property by listing it on an internal or external NFT marketplace such as OpenSea or the Acent blockchain NFT marketplace.

• Mine meta-resources and energy.  

Landowners may plant Pylon NFTs on their spot of land to mine a particular meta-resource or energy that can be utilized, sold, or traded at any internal or external NFT marketplace. Only 1 Pylon NFT is allowed for 1 spot of YED land.  

Purchasing a spot in the Acent City gives the owner the privilege to own 1 ZEP (Zero-Point Energy Pylon) NFT that allows landowners to mine energy or digital electricity on their land to power up meta-real estates across the metaweb and to be traded as a commodity in the Acent DEX in the future. Unlike other Pylon NFT resources, the utilization of ZEP to produce digital electricity is limited to Acent City spots only. Hence, the Acent City can serve as a perpetual energy generator for the rest of the world within the metaweb. Should the owner wish to plant more Pylon NFTs other than ZEP, he/she has to buy a spot outside the Acent City. 

More details about the ZEP and other Pylons will be released through YED’s official community updates.

• Mine EDAO tokens and participate the metaverse governance.

When users own land, they can mine EDAO tokens that enable them to participate in the metaverse governance through voting or submitting DAO proposals. The mined EDAO will also earn $ACE from the UBI pool for activity rewards, as long as they stake their EDAO tokens. The greater the number of individuals seeking EDAO rewards, the greater the anticipated increase in $ACE’s value. 

Details of the mining rate have been provided in the previous section.  

• Rent out their land as the traffic builds. 

Foot traffic is projected to increase in the YED metaverse. At that point, income from rent is envisioned to be the main form of income revenue for land owners. The more developed a spot of land is, the higher the G-rating it receives. This also implies that landowners can command higher rental fees from businesses built by others on their property. If landowners are not interested in renting out their lands, they can utilize them to build their own businesses. 

The monthly average user (MAU) is the parameter by which the YED algorithm will compute the foot traffic a spot of land attracts in a month. This determines statistically how much minimum rent you can charge from anyone who wants to do business on your land in case you choose to just rent it out. 

Below is a provisional range of G-Level Status based on the MAU:

• G0 Level – 0 ~ 900 MAU
• G1 Level – 901~1800 MAU
• G2 Level – 1801 ~ 2700 MAU
• G3 Level – 2501~ 3600 MAU
• G4 Level – 3601~ 4500 MAU
• G5 Level – 4501 ~ 5400 MAU
• G6 Level – 5401 ~ 6,300 MAU
• G7-G9 Level – Undefined as of now

Note: The metrics defined herein are provisional and are subject to change as the traffic is projected to increase attributed to the heavy incentivization and release of other monetization features within the YED.

• Build businesses with unlimited creative potential. 

Business ideas that can be built on a spot of land could include, but not be limited to, hyperrealistic play-to-earn gaming apps; deployment of decentralized ads; entertainment apps; social media apps; news networks; content delivery networks (CDN); NFT-based metacommerce showrooms and stores; and so much more.

• Monetization and creation of creative content through meetings, hanging out, traveling, and interacting with other meta-citizens. 

The YED metaweb is designed to simulate a parallel reality web service on the Acent blockchain, hence there are no limitations concerning space and time. One of the most engaging activities for monetization would be to create entertaining content by using them to share their experiences with friends and families who are in different time zones or different locations in the physical world. They can teleport to each other or go to a metaspace together in YED and enjoy being together virtually. Recording and sharing this on a meta-content delivery network within the metaweb can turn out to be a new fun and profitable consumer market segment.

• Deploy meta real estate. 

Landowners can buy, design, or build a meta-real estate on their land to increase the amount and quality of traffic. The more traffic they get from their land development, the more Acent rent will be received in the future, depending on the G-level or status of their spot.

Details about spot sales and airdrops are posted on our official community updates.

Acent ($ACE) is the cryptocurrency of the Acent blockchain and the equivalent of cash or a unit of value for all financial activities or transactions on the YED metaweb. It plays an important part in the governance and economic system that sustains the YED. ACE can be monetized through various business and user revenue models discussed in this document. Through $ACE, digital assets are traded and transferred from one owner to another. 

$ACE is a functional multi-utility token which will be used as the medium of exchange between participants on the YED platform in a decentralized manner. The goal of introducing $ACE is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on the YED platform without any intermediaries such as a centralized third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. $ACE does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise, or undertaking, nor will $ACE entitle token holders to any promise of fees, dividends, revenue, profits, or investment returns, and they are not intended to constitute securities in Singapore or any relevant jurisdiction. $ACE may only be utilized on the YED platform, and ownership of the same carries no rights, express or implied, other than the right to use $ACE as a means to enable usage of and interaction within the YED platform. The secondary market pricing of $ACE is not dependent on the effort of the Acent team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.

Further, $ACE provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on the YED platform, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts. $ACE is an integral and indispensable part of the YED platform because, without $ACE, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on the YED platform. Given that additional $ACE will be awarded to a user based only on their actual usage, activity, and efforts made on the YED platform and/or proportionate to the frequency and volume of transactions, users of the YED platform and/or holders of $ACE who did not actively participate will not receive any $ACE incentives.

$ACE, as the in-service currency in YED, can be used for the following purposes:

1. Access and participate in the activities of the YED platform – by spending $ACE, users can buy and sell NFT items, access and monetize a meta-application, meta-resource, NFTs, and other digital assets, including upgrading of avatars or game characters, and participate in many other activities in the YED platform.

2. Acquire an NFT spot of land in the YED – Users need $ACE to acquire and monetize a spot of land in the YED. Each land sale is expected to drive the demand for ACE.

3. Pledging – YED users may participate in the Acent network by utilizing ACE tokens. The Acent is a blockchain protocol which, by design, does not own or run any computing/storage servers. It relies on an open, decentralized network of nodes that operate on an open source algorithm to ensure network security and prevent attacks. Accordingly, users who help to maintain the network would receive ACE for their efforts.

Details on the specific settings for the pledging amount bonus and period bonus will be released in the official community updates. 

Your Earth DAO is a gamified decentralized public metaspace and open world with natively embedded strong social media influencing capabilities built for launching businesses in the format but not limited to metasites, immersive decentralized applications, play-to-earn applications, and content delivery applications. It is a basic social infrastructure-layer solution designed to generate jobs and alternative lifestyles for all users, regardless of whether they are influencers, business owners, gamers, content creators, or app developers for the metaweb. 

Meta-citizens are incentivized to increase their influence and pursue colorful activities within the metaweb. Accordingly, they need ACE to create, play, earn, and expand their freedom by gaining more influence. The architecture of the Acent blockchain is designed to allow people to naturally assimilate the metaweb as an augmented parallel reality life service. In this way, one can picture this as the ultimate social media platform or a new immersive gamified webspace where they can benefit from monetizing their creative potential to the fullest by leveraging the ACE and its infrastructure. 

ACE is essentially used as the universal currency for metaweb layer 1 public spaces as well as all transaction fees that occur within the YED. For instance, meta-citizens need ACE inside the universal YED ecosystem to obtain goods and services from business providers and to monetize activities such as content creation through social media meta-applications, winning P2E game matches, creating and selling dynamic art, and using utility NFTs. An active user or their metaweb footprint data accumulated over time generates sufficient economic influence to return wealth to the physical world via the ACE they spend and earn on the platform, thereby creating a virtual source of economic revitalization. 

On the other hand, businesses are incentivized to build, deploy, promote, earn, and expand their businesses by developing products and services, typically in the form of meta-applications or meta-sites within the YED and future metaweb space ecosystems deployed within the Acent infrastructure. ACE is required to gain access to essential business features such as tokenization, incubation, advertising services, developer tool support, launchpads, and traffic management, as well as to buy meta-domains, mint utility or dynamic art NFTs, and conduct a variety of business transactions, thereby creating a vast open sea of new jobs and business opportunities. 

In the Acent economic architecture, capital flows from the physical world towards the metaweb by utilizing the YED as a medium of captivating social media interaction. As the monetization activities amplify, that is, utilizing the Acent cryptocurrency as the core unit of value, capital may naturally flow back to the physical world to revitalize the contracting economy, thus completing the closed-loop self-sufficient economic cycle necessary for society to expand and thrive again. Hence, achieving the goal of having a digital parallel reality world to augment the physical reality world. 

Ultimately, one of the long-term visions of the metaweb should be to evolve metahuman integration and AI-based procedural generation meta-applications that can be pushed into the YED updates. As you may imagine, the next probable stage would be for us to achieve digital immortality within the metaweb-first for future AI-based sentient NPC society creation, which will in turn benefit real humans through autonomous value creation ecosystems. It would be truly exciting to see self-aware societies create self-generated monetizable value to augment the physical world. Consequently, this would allow our creations to help us, the creators. With the gradual launch of metaweb products, being able to recognize that this may not be a question of if, but a question of when and how would certainly accelerate the evolution of the metaweb.

The succeeding chapters will discuss the different business models and revenue streams of the Acent metaweb tokenomics as it drives:

• equitable sharing of assets among all contributing developers, users, and meta-citizens of Your Earth DAO; 
• concrete, doable, and realistic framework to drive up the utilization of ACE cryptocurrency; 
• business and job creation inside the YED; and 
• mass adoption of tokenization of businesses.

The following are some of the business models that developers can start experimenting with and building when they have acquired early knowledge and influence of the Your Earth DAO metaweb service. To start making meta-applications in YED, developers must check the Developer Documentation section of the YED for information on how to get access to the following:

• Acent metasite/app Alpha tester developer program, and
• Acent crypto engine application interface developer’s guide

Keep in mind that the full expression of the Acent parallel reality simulation web service technology is not limited to the following models, and the descriptions below are simulated scenarios that we can imagine at this moment. Some of the following information is already being built on YED as a base infrastructure layer technology, while other parts are still a work in progress. How the metaweb will ultimately evolve to influence and shape our new realities, in the long run, is a question yet to be answered by the people. 

1. Default traffic revenue – NFT lands with higher traffic revenue can advance to higher G-levels, thus mining more EDAO ARC20 tokens compared to NFT lands with lower traffic revenue and at lower G-levels. G-levels are spot levels of the YED land that are graded depending on the foot traffic they generate. This means that the more relevant a space is and the more activities a user conducts on their lands, such as NFT sales and advertisements, the higher it will move on its G-levels, and thus the more EDAO governance tokens can be mined. This mechanism would incentivize the landowner to continue developing the spot of land (or meta-site) in the YED in order to attract more visitors, raise its G-level, and mine more EDAO tokens.

5. Deployment of meta-applications – Acent has a unique architecture that supports the deployment of various types of meta-applications, including those created with the Unity and Unreal Engine software by any third-party company that wants to create their business on the metaweb. A quick way to understand this is the way companies create revenue by selling their games on Steam or Apple’s Appstore. However, developers on the metaweb would be able to generate income per game match through fully interactive high-end play-to-earn games rather than per sale of copies.

Meta-applications that use Acent blockchain technology as the base layer can be launched in DAPPX – the Acent’s project launchpad and a one-stop NFT marketplace supporting multiple cryptocurrency networks. Developers of decentralized apps such as P2E and YED meta-apps may take advantage of the online marketing services provided by DAPPX and reach audiences through the front-end outlet provided in the marketplace for users. DAPPX is being built to become the decentralized equivalent of a one-stop application store such as Google Play or Apple App Store in the metaweb.

6. Revenue from NFT interactions – The NFT market exceeded US$40 billion in 2021 and is expected to be worth at least US$80 billion by 2025. Acent will be at the forefront of NFT development, adding value to both developers and users. For instance, aside from the NFT lands in the YED, Acent is creating Pylons, a utility NFT that can mine NFT meta-resources. This and subsequent NFTs will be available in limited editions on the OpenSea marketplace and DAPPX. Showcasing utility NFTs that have a real functional purpose is our main goal. 

7. User-business collaboration revenue – The immersive, decentralized, gamified web will open up new avenues for business collaboration. YED welcomes strategic marketing, referral partnerships, “white labeling” of products and services, co-branding, and other forms of collaboration. Users who want to use the Acent blockchain technology to mainstream their services on a blockchain (for example, e-commerce applications who want to sell functional NFT versions of their goods) can deploy their sites in 3D object-based meta-sites to increase user interaction and value proposition by adding a layer of immersion into their business models. 

8. Service Fee Revenue (concerts, exhibits, etc) – YED’s digital museum, concerts, and 4D motion picture entertainment services can be white-labeled and used to host a variety of concerts and exhibits. Admission tickets will be sold in ACE cryptocurrency to allow the general public access to the YED metaverse. This is an exciting way for YED citizens to enjoy the YED meta-space.  

Business Development Case Scenarios 

Below are the hypothetical scenarios of businesses that can be developed under the YED and Acent ecosystems. Most businesses in the physical world can be transferred and expanded to YED as they transition into a simulated parallel reality environment as a service. Over time it is hoped that users will recognize the Acent metaweb as the standard for a business environment devoid of space and time limitations.

Business Case Scenario 1. Tokenization of business

A team developing a metatube on the metaweb decided to tokenize their business in the YED. Metatube is a VR-based 4D immersive spatial video data sharing and streaming service with social media content delivery features. They spend a certain amount of Acent to gain access to the YED platform’s fundamental business features, which range from basic DAO structuring, marketing, launching, and funding to e-commerce payment gateways.  

This small team’s metatube service is being developed using the Unreal Engine. They submitted it to Acent’s developers’ program as a meta-app. This meta-app was deployed on the YED spot of land they owned following technical auditing and approval by Acent’s developer auditing service. 

After a few weeks, healthy traffic of YED citizens flocked to the metatube to create, share, and consume 4D motion picture content, resulting in several decentralized sponsored advertisements that monetized their platform. Overall, this resulted in the creation of several monetization routes for the team and the users, meta-citizen participation, and the Acent blockchain team. In addition to this, part of the paid service charges goes back to the holders of EDAO tokens who have access to the UBI earnings pool.

Business Case Scenario 2. User/business collaboration revenue 

A well-known shoe brand was excited to learn about YED and how it enables businesses to enter the metaverse. They utilized the metatube and decentralized ads to promote their content. Following a positive response from the metaweb audience, the owner of this company decided to convert one of their sneakers into an NFT. They partnered with a well-known asset creator in YED who specializes in NFT shoes. The best thing about these NFT shoes is that users can wear them in the YED and they can also order them in real life to wear them physically. This creates a two-stream revenue model where the brand owner can sell meta-reality products as well as physical reality goods and services. Again, a small portion of all ecosystem service charges goes back to the EDAO token holders and the core team to further develop the decentralized metaweb.

There are many user business models that can be created by the Acent blockchain. Several initial user revenue models that will be implemented in the YED include the following:  

1. Play-to-Earn (P2E) revenue – Meta-citizens can practice and become meta-game players, earn per game, gain subscribers, sponsorship, or fans who will pledge on their abilities and skills in playing the game. They can also benefit from decentralized ad revenue. 

2. Meta-real estate development – Meta-real estates are pieces of land or property owned by users in the YED’s public meta-space. Acent blockchain allows people to mint, buy, sell, and deploy meta-real estate NFTs. They expand the concept of real estate in that people can do many of the same things they do in real life, such as hang out with friends, meet new people, work, shop, collect rent, and additionally watch immersive entertainment content such as VR rendered concerts, movies, events, and shows, and play full-scale high-end games. The owner’s or developer’s creative potential is monetized through meta-real estate development.

Meta-real estate development is an exciting new job and feature within Acent’s gamified web experience designed solely to earn crypto incentives by attracting more traffic to YED’s meta-sites, earning higher G-status, and mining more EDAO governance/ revenue share tokens.

Acquiring spots (i.e., land units within YED) and meta homes, NFT apartments would be a good starting point for someone interested in owning, renting out, developing, or trading meta-real estate. Metahomes are digital assets that can be created in the YED through the meta-resources mined using Pylon. Since they are NFT-based, they can be traded in external NFT marketplaces such as Opensea or within the native DAPPX NFT marketplace. Owners can also opt to rent it out while they wait for their metahome to increase in value. 

3. Job creation through service delegation within YED – The immersive gamified features of the new web-enabled by YED will expand job opportunities for 3D modelers for NFT minting, meta-app or site developers, showroom developers, makers of NFT goods, content creators, artists, entertainers, and e-commerce owners, including full-scale meta-games developers. Job marketplaces may have to be an essential place for the YED web service. 

4. Meta-influencing revenue  – Meta-influencing is a revenue model that is similar to the incentives currently offered to influencers on social media platforms such as Facebook and YouTube. The distinction is that followers of their content would be able to view their vlogs in real-time via VR headsets in the MRLs described above, instead of viewing them only through the traditional two-dimensional flat website. This will give their followers or viewers a more immersive experience at the same time allowing the meta-influencers to monetize the traffic generated by their followers.

5. Utility NFT creation, sales, and trading – Utility NFTs could be anything with a purpose, like wearable shirts, cars, drones, teleportation portals, or other digital collectible items. These are available in limited quantities, hence benefiting their owners who are seeking to command a price for their NFTs. Utility NFTs can either be created or imported into the YED and can be traded in both OpenSea and DAPPX as its native NFT marketplace.   

6. Trade of meta-commodities obtained from resource NFTs –  Meta-commodities are intermediate resources that are used to produce other digital assets. A Pylon NFT, for instance, is designed to mine meta-commodities in the YED. Meta-commodities are user-generated utility NFTs that can be branded, traded, and used within the YED reality simulation environment. Examples of this include Ironium (In), Star Dust (SD), Water (H2O), Cementium (Ce), Momentium (Mo), Dark Matter (DM), and others soon to follow. The meta-commodities will play a vital component in the eco-simulation aspect of the YED. For instance, assets requiring Ironium in the Your Earth metaverse would be identical to objects that require metallic resources to assemble, such as vehicles, starships, and levitating structures. This is an essential part of functional NFT asset creation within the metaweb to quantify value creation and retain ownership value by controlling the supply of NFT assets to a moderate degree to sustain a healthy meta-economical habitat.

As the service evolves, detailed information on how to contribute and profit from owning and deploying these assets will be made available in the community updates of YED.

7. Trading of NFT Spots -YED spots are the smallest units of NFT land that can be developed or traded on internal or external NFT marketplaces. Starting a business or establishing a physical presence in the YED world requires ownership of a spot of land. Otherwise, there would be nowhere for people to go to experience what people are creating in the metaweb. Spots are required for any meta-object or asset to have a location within the metaweb. Those that are in proximity to venues with a lot of traffic may turn out to be more valuable compared to those that are far from these areas. In this sense, they are the foundation of all meta-real estate. The value of a spot of land may also be determined by the G-levels. 

Users can choose from various G-level spots of land when acquiring NFT lands. The greater the G-levels, the greater the foot traffic and the higher the price. On the other hand, the lower the G-levels, the cheaper they are, and the greater the effort required to generate foot traffic.

8. Decentralized advertising revenue – Advertising in spots or units of NFT lands in YED is a cost-effective method for all users to increase their reward balances. You can increase traffic to your spot by using advertisements, or you can generate additional revenue by using third-party advertisements. 

Meta-sites are analogous to businesses that can buy advertising services in order for people to find them via the Liberty meta-search engine and be redirected to their metaverse address. Meta-citizens who add NFT ad projectors within the public metaspace are qualified to receive ad revenue when they attract traffic. More details will be gradually announced in the community updates according to the project schedule.

Meta-citizen Case Scenarios

Below are the hypothetical scenarios for Meta-citizens to generate revenue: 

Meta-citizen Case Scenario 1 – Monetization using P2E game service

Tony and his friends played COBA. He started with only 300 ACE at the start of the game. But because of his clever tactics in the game, he was able to grow his ACE three times more than when he first started. Some of the ACE he earned from the game was re-invested in NFT character items. He initially bought NFT common character items, until eventually, he was able to upgrade some of them to legendary items. 

Tony decided to film his gameplay and share it on social media. Soon enough, his gaming skills became well-known throughout the entire online gaming community of the YED. Many people have become interested in his skills and NFT artifacts. In fact, some of them offered to sponsor his game matches for an agreed percentage share for every game won. However, the ad sponsorship was the best offer he had received so far. He was offered a fee for just mentioning the brand every now and then as he records his gameplay. He also got paid by having their logo on his NFT land. 

At this point, Tony believes that his success in the YED is more than just winning the P2E game. It is his gaming skills and dedication that opened up many opportunities for him to make the most of the P2E game services of YED. 

Meta-citizen Case Scenario 2 – Direct sales of NFT digital assets or meta applications

Tony wishes to establish an online store selling NFT avatars, or meta-humans, with a variety of skins for sale in the metaverse. To make this possible, he needs basic ACE and meta-commodities to produce his NFT products. Upon acquiring them, he rented a digital store in the metaverse for 50 ACE per month as a test and then purchased a three-year MRL domain name for 100 ACE. 

Rather than promoting his old URL website address of buyjoshmetahumans.com on social media, Tony promoted his new MRL website address of joshmetahumans.ace. His MRL corresponds to the location of his rented digital store in NFT land at X=155.2670; Y=849.3392; and Z=81.3332 coordinates within the meta-reality. Information regarding his metasite can be searched and navigated through the Acent Web 3.0 (Osiris Web 3.0) browser. 

Since launching his digital store, he has been able to sell between 80 and 100 skins per day. Numerous users are also making their way to his store to look for the newest trend in avatar skins. 

Meta-citizen Case Scenario 3 – Traffic and NFT transaction revenue from Pylon mining

Tony discovered that his virtual landlord was profiting from the foot traffic generated by his digital store. Due to the success of his e-commerce in the YED metaverse, he decided to purchase three (3) NFT lands in various locations and establish his own meta-store there. He purchased three Common grade Pylons to construct his store, namely: Water, Cementium, and Ironium. 

He planted the Pylons immediately – one for each lot. Within 24 hours, the Pylons he purchased began mining the aforementioned meta-commodities. Tony is satisfied to have completed the construction of three 15-by-15-cubic meter stores in less than 15 days. The good news is that, because the Pylon is constantly mining resources, he was able to sell a portion of them on the NFT market. 

Tony now has three revenue streams in the Your Earth DAO metaverse: 1) visitor traffic from his own land; 2) direct NFT sales of his avatars; and 3) commodity trading from his Pylon. 

Meta-citizen Case Scenario 4 – Traffic and Advertising Revenue

A well-known company that sells NFT shoes took notice of Tony’s NFT avatar wearable store’s steady market activity. As a result, they decided to rent banner space in one of Tony’s most popular NFT stores to promote their NFT shoes. This NFT digital shoe company occasionally hosts special events in Tony’s digital store to promote their NFT shoes. This drew a large number of visitors to Tony’s NFT land. 

Because Tony joined YED as an early bird, his influence on the Acent simulated reality is substantial. This provides him with multiple sources of income, earning him ACE through banner ads and event traffic, while also profiting from the sale of his NFT avatars. 

Meta-citizen Case Scenario 5 – Influencer and Content revenue from MetaTube

Maica logs into her YED metaverse and creates fun content within her rented metahomes apartment with her friends. She rented a meta-apartment in the Acent city for 60 ACE with the intention of creating a virtual vlog. She moves her avatar in order to capture animation and sound data of her apartment, including the views from her veranda, thanks to the Metatube widget she has running on her Acent metaweb operating system (OS). While she speaks, she also tours the NFT land, showcasing each digital asset that has been built there. 

Within the metaverse, Maica uses the metatube app to capture space, motion, and sound data. This is stored and shared as an animation file data format. This “metamedia” content is stored in IPFS and can be accessed when her followers use VR equipment to experience her journey as if they were there with her. These are uploaded to her MetaTube vlog, where she monetizes her content for decentralized ad revenue each viewer brings to her. 

Tony is a follower of Maica’s. Using his VR gear, Tony could fully feel as if he was sharing the entire space with Maica as he watches Maica’s metalogs as she plays, expands, rewinds, pauses, and moves within the scene of the metamedia. Anyone watching Maica’s metamedia video would have the same experience as Tony’s. As a result of this feature, Maica’s Metatube channel is exposed to more traffic and gains more followers as she travels to various locations within the YED platform, giving her a income from the platform.

To assess the potential for a decentralized gamified web, it is necessary to examine the existing DAO metaverse platforms on the market that are trying to offer virtual land NFTs as well as their market capitalization.

Here are some of the most popular metaverses and their relevant statistics:

1. Decentraland (2017-present)  – 8.5 million users as of 2021; 300,000 monthly active users as of 2021; 2,500 peak user concurrency as of 2021
2. Sandbox (2020-present) – 2 million registered as of 2021; 30,000 monthly active users as of 2021, with only 50% of them spending more than 1 hour per day; 
3. Somnium space (2021-present) – 300,000 registered users as of 2021, 413 monthly active users; 16 peak user concurrency as of April 2022
4. Earth 2 (2020-present) – 250,000 registered users as of 2021; no data on MAU and DAU
5. Next Earth (2021-present) – 180,000 registered users as of 2021; no
6. Cryptovoxels (2018-present) – 8,989 registered users; 203 monthly active users; 10 DAU

Based on the assumption that these users are mutually exclusive, there are currently 11 million+ registered metaverse platform users, with 330,000+ monthly users and nearly 3,000+ peak concurrent users. This is a far cry from the metaverse’s media hype, especially when compared to other popular gaming and social media platforms like Facebook, which has nearly 66 percent of monthly active users (MAU) who log on every day. 

Strong MAUs and concurrent users are commonly being used as success indicators in online gaming. The higher the MAUs and concurrent users (i.e., the number of people using the platform at the same time), the more successful the platform is.

Here are some of the MAUs and peak concurrent users of other Web 2.0-based platforms:

• PlayStation Network – 111 million MAUs
• Steam – 120 million MAUs in 2020; 24.8 million peak concurrent users; 62 million DAUs
• Ubisoft – 35 million MAUs in Q3 2021
• Roblox – 49.5 million DAUs.

According to statistics, there were only 50,000 Web 3.0 metaverse users worldwide as of late 2021. This is regarded as the lowest of the seven most well-known virtual platforms, with Facebook surpassing all other platforms (see figure below).

This presents an excellent opportunity for Acent blockchain-rendered YED to fill in the gaps. YED’s entry into the market will be very timely and has the potential to gain a large market share, which will boost Web 3.0 metaverse users. Combining the market capitalizations of gaming and e-sports (US$1.9 trillion) and the Web 3.0 metaverse (USD 0.3 trillion) could generate enormous momentum for a metaverse service that would offer both worlds. The business model of YED and its decentralized gamified web service will offer various meta-applications and services that will accelerate the mass adoption of a metaweb service. 

According to a global survey, people flock to the metaverse not only for entertainment but for various reasons such as:

• improving creativity and imagination (37%); 
• traveling the world without moving (37%);
• increasing technological literacy and skills (34%); 
• providing a new immersive way to connect people (34%); 
• creating completely new job opportunities (30%); 
• meeting your loved ones whenever you want (30%);
• more possibilities in education (29%); 
• giving opportunities for self-expression (27%); and
• helping people overcome disabilities (39%);

In a separate survey, some people said they would join the metaverse for the arts and live entertainment (48 percent), while others would do so for bitcoin and non-fungible tokens (44 percent). 

YED, as the new meta-web service, presents a unique social and economic infrastructure that can address various facets of growing social demands and expectations in a metaverse. It would transcend the types of services and benefits that a typical website can provide. The YED meta-web service will provide cutting-edge technological features that will supplement the services provided by various sectors, such as finance, education, entertainment, and even the medical field.

Your Earth DAO (YED) is a new web service that runs on the Acent mainnet’s base layer and is intended to be the ideal form of an immersive gamified web. This life service platform utilizes the Acent Web 3.0 (Osiris Web 3.0) browser desktop application interface technology and is capable of in-house application publishing, launching, and management services through integration with its DAPPX service. The best way to visualize this concept is to imagine a blockchain-based “Steam” – the popular online gaming platform. 

With DAPPX support, YED makes it possible for businesses and high-performance applications to be published and built within, but not limited to, a public meta-space that is shown in real-time on a 1:1 scale of our planet. By compensating users based on the amount of traffic they attract, new jobs and economies are created using Acent as the base currency. YED envisioned a web service modeled after the Ready-Player-One style that is built with utility NFTs and inspires people to build their own businesses. Recognize that the emergence of a new breed of consumers seeking instant emotional gratification via brief compelling visual cues, as well as the evolution of AV/VR technologies, necessitates a much more exciting and innovative way of experiencing the web in order to propel internet consumer markets forward. 

Due to technical limitations, the current metaverse products do not provide a compelling consumer experience. Thus far, these products offer little more than walking around and playing microgames or small-scale activities allowed by centralized developer teams. The goal of YED is to change that dynamic. It is capable of allowing anyone to create, submit, and publish what we call “meta-apps.” Full-scale applications within the YED, such as high-end games, CDN (Content Delivery Network), defi applications, or social media platforms, are made possible by Acent’s unique architecture, which enables third-party developers to publish Acent meta-apps using sophisticated tools such as Unity and Unreal Engine rather than non-open-source centralized mini-game developer tools with limited expressive capabilities. 

Therefore, developers in YED can create their own versions of P2E Starcraft or MOBA for public consumption within the metaverse. The first live showcase demonstration of what you can do with the Acent blockchain is the COBA or Crypto Online Battle Arena. It is a play-to-earn app like the popular League of Legends game that will be fully rendered inside the virtual YED service. COBA has been developed using the same tools a third-party developer would use to deploy their meta-apps on the metaweb.

The Acent team is excited to share more information about the businesses and products that users will be able to create in the near future. COBA is a fantastic example of how the Acent blockchain defines a scalable metaverse service. Acent envisions a meta-space where people can express their creative potential to the fullest without being hampered by outdated architecture. In this regard, any developer can now join the alpha Acent developer program and start developing meta-applications with Unity and Unreal Engine. They can start submitting their play-to-earn products to be propagated in the YED without dealing with a simple line of code for smart contract interaction. The unique Acent crypto engine interface handles all the heavy lifting that is required to interact with the blockchain. More on this topic is shared within our developer documentation section of the YED website.

The succeeding sections present each of the unique features of YED, the Decentralized Gamified Web from Acent Blockchain technology.

MRLs will be the next generation of URLs (Uniform Resource Locators). A URL is an address within the web network that directs users to a 2D magazine-style website.

In contrast, an MRL is a physical location in metaspace. The MRL provides the user with a 4D site experience. Each MRL address will be associated with a metaverse XYZ axis coordinate. They are recognized by the Acent Web 3.0 (Osiris Web 3.0) browser and the Acent metaweb operating system, but not by conventional centralized browsers. The MRL system is being built to be registered and auctioned in the same manner as traditional domain names. More information will be provided via our community updates.

A “metasite” is defined in the Acent-powered metaweb YED as a location offering a metaverse service where visitors can teleport and experience a variety of objects and applications deployed by the site owner. A meta-site will typically have been registered under the XYZ coordinates within YED’s public meta-space at a 1:1 scale of the actual planet Earth rendered in Unreal Engine 5. Any metasite owner who purchases an MRL address can gain access to their MRL. That address is recognized in the YED and allows a user to teleport to the metasite. The typical syntax for a metasite is yourmetasite.ace.

The meta-site experience holds more value to businesses because it is more engaging as it provides 3D visual and auditory features that are more appealing to the new generation of web users who have a shorter attention span and a stronger reaction to visual stimulation than the traditional site browsing experience confined within a 2D monitor screen or text-based information.

A crucial part of Acent’s gamified web is its decentralized governance feature. It is a promising structure regardless of hierarchy or status, where everyone can have a say or vote in the decision-making process. Participants in DAO governance can either be users, developers, or community members who have spent time creating content on the metaweb and hold EDAO tokens. 

The YED metaweb reality envisions a self-sustaining platform where decisions about the important matters on the platform are made by the community while redistributing habitat base service charge earnings back to the EDAO governance token holders. In assessing projects or proposals, the YED is guided by the following principles: 

Guiding principles

Equity 

As a life-service platform, YED ensures that everyone has access to opportunities and advancement in YED. The YED team will continue to identify and address the barriers that prevent the full participation of all members on the platform.

The YED platform will use the EDAO token to represent the participation of each member. All members holding an EDAO governance token may submit proposals and vote for various matters on the platform. The more EDAO governance tokens one has, the greater his/her voting power. 

Transparency 

All YED proposals submitted, processed, and approved will be posted in designated communication channels that are visible to the public. Each YED member of the community is informed about the recent changes in the platform – whether they be technical upgrades or policy improvements. 

Authenticity

The YED platform is intended to provide people with an authentic and parallel web reality experience in which they can mirror their physical world experiences to the virtual world. The platform will be open to the public’s suggestions on how to improve their immersive experience on the YED metaweb. 

Creativity 

The YED is a dynamic parallel web reality system that encourages the monetization of all its members’ creativity and resourcefulness within a governance environment in which they can decide their own policies. All creative proposals that will improve the platform are welcomed. 

Membership

Participating in the idea submission, commentary, proposal submission, and voting is restricted to holders of EDAO Governance tokens. 

With the EDAO token, users will have: 

1. the privilege of receiving ecosystem earnings from the UBI pool;
2. the ability to submit proposals that could affect the governance of the YED platform; and
3. the ability to trade the EDAO token in the Acent DEX at a market price.

The YED Foundation Board 

The YED Foundation Board is closely responsible for day-to-day administration, oversight, management, and other tasks that ensure the submitted ideas and proposals of the YED community have been well selected and funded to become a reality.

The YED Foundation board of directors initiates important matters concerning the growth of the metaweb. They may be able to exert control over ACE’s management simply because they own more EDAO tokens, which have yet to be issued. It is made up of two parts: the Administrative Board, which accepts and reviews DAO proposals; and the Project Management Team, which guarantees that DAO projects that have been authorized are funded and implemented.

Currently, anyone with sufficient EDAO can exert influence over the DAO. If a wallet contains more than 9% EDAO, it should have the ability to veto core team decisions.

The YED Governance Proposal Process

The YED governance proposal process would start with the submission of general ideas evolving into a full-blown proposal. Each of the proposals should fall into one of the three main categories below: 

• Technical Improvement Proposal – any proposal or suggestion to improve the platform’s technical features, which may include graphics, sounds, gameplay, avatar features, environment, and so on.
• Admin and Process Improvement Proposal – any proposal or suggestion to improve the processes in the metaweb, including but not limited to the purchase of lands, the purchase and sale of digital assets in the NFT marketplace, gas fees, general administration, and so on.

Proposals may also refer to the improvement of procedures, guidelines, or proposed changes to the decision-making process, tools, or environment of the DAO or the Foundation.

• New and Innovative Project Proposals Needing Fund allocations – the community may propose creative or innovative proposals that do not only improve but grow the YED platform.

Abstract – 150-200 words that summarize the proposal. It must include a statement explaining why the YED community should implement the proposal.

Rationale – An explanation of how the proposal aligns with the YED Community’s mission and guiding principles.

Significance of the proposal – a description of how or why the proposal will help the YED community.

Key Terms (optional) – Definitions of any terms within the proposal that are unique to the proposal, new to the YED community, and/or industry-specific.

Implementation strategies – include a detailed breakdown of the platforms and technologies that will be used. It also lists the steps that need to be taken to put the proposal into action, along with the costs, manpower, and other resources that each step may need.

Timeline – Important timing details, such as the start date, milestones, and completion dates.

Overall Cost – The total cost to implement the proposal.

The author can add additional fields to any template if necessary to fully communicate the intentions, specifics, and implications of the YED Improvement Proposal Draft.

Details of the guidelines and protocols for the screening process will be released as the DAO goes live after the initial EDAO tokens are distributed through Acent pledging and land purchases.

The play-to-earn (P2E) mechanics and economy are among the perceived drivers that would propel the widespread use of blockchain (see figure below). However, one lesson learned is that sustainability requires more than just becoming a “Play-to-Earn” platform. The platform should include modes and features that appeal to players who are not motivated by financial gain. 

This is why Acent’s decentralized gamified web does not operate on a strictly “Play-to-Earn” basis, but rather has evolved into a high-performance, immersive, reality-based ‘Ready Player One’-style metaverse service. Acent would enable developers to create or develop their own applications and convert non-blockchain games or other applications to blockchain-based applications – all of which could be deployed to the metaweb YED public domain to reach a global audience.

A web service’s high-risk assets include system algorithms that define data feed exposure rules, censorship policies, and search engine logic. It is well known that centralized tech firms can spread ideas and control large populations by censoring vital information or promoting malicious content. To counteract this threat, web service components such as the Liberty meta-search engine, governance applications, ads feed algorithms, privacy protection feature-related systems, and others will be released gradually. These features will remain an open source for the public to audit and scrutinize their algorithms. Furthermore, as the ecosystem matures, fully replicable versions of the YED source code will be made available to the public for building and testing on their local machines for Layer 1 metaweb applications in the future.

This means that as the service gains traction, the decentralized Gamified Web’s source code, except for parts that are at risk of being corrupted, will be gradually shared with the community. Developers will gradually be able to verify, audit, download, build, and run local versions of meta-services on their machines. Users are encouraged to stay tuned to Acent’s official Github account to be able to participate in creating the new web.  

Meta-applications are large-scale apps that include social media platforms, high-end games, and CDN (Content Delivery Network) services developed by anyone who wants to build a business on the metaweb.

Each meta-application or meta-business of Acent requires its own distinct MRL site address for the public to teleport to and gain access to. An MRL, or Metaservice Resource Locator, is a parallel version of the current URLs, or Uniform Resource Locators, but with XYZ axis location information to allow users to locate them in the metaverse.

The MRL will eventually supplant the current mode of browsing, which directs users to a static, two-dimensional website. In a decentralized gamified web, accessing an MRL site would require the user’s avatar to physically enter the digital store or simulate a first-person perspective experience of immersing into the spatial content through VR functionality, rather than being directed to a magazine-format website address within a flat-screen based browser.

Users may expect to see virtual stores and blockchain-based digital structures at various MRL locations throughout the Acent metaweb. Additionally, they will be able to purchase NFT and physical goods in MRLs. In this way, the meta-application developed by Acent will provide an authentic gamified web experience.The Acent blockchain-rendered metaweb is critical in the meta-application publishing process. This is a trend-shifting moment because developers won’t need to deal with complex and high-risk smart contract deployment tools to build high-quality P2E apps. Small teams with moderate training in easy-to-use tools such as Unreal Engine can build play-to-earn applications on the metaweb. Join the Acent Alpha Tester developer program to learn more. Details will be made available in the community updates.

Immersion is defined as realistic visual graphics aided by but not limited to AR/VR technology and high-definition 4D environment rendering. This is referred to as “gamification” in this document.

Acent’s metaweb service is an immersive, gamified, and decentralized new web fabric. Indeed, it would be the closest approximation to Ready Player One’s fundamental socio-infrastructure. It may become an innovative expansion to the current 2D, rectangular Web 2.0 browser experience projected on the user interface. This decentralized gamified web would deliver an enhanced gamified visual experience.

The technology utilized by the decentralized gamified web permits users to experience an extension of actual reality. Users will be able to maximize their immersive graphic experience through a first-person perspective driven by VR headsets or also allow them to explore the metaweb without a VR headset with an avatar-based user.

• Meta-assets 

YED meta-assets are NFT assets created within the YED ecosystem that can be imported from the YED ecosystem and sold on a third-party NFT marketplace such as Opensea.io. This may consist of, but is not limited to the following: 

• NFT real estates such as metahomes or NFT digital houses; 
• NFT vehicles, such as cars and spaceships;
• wearable, skins, and avatar;
• crypto arts; 
• resource mining assets such as the unique pylon NFTs; and
• other digital infrastructure.

Each of these assets is backed up by a smart contract that can be stored in a digital or crypto wallet.

• Meta-resources and commodities

Meta-resources and commodities are digital raw materials in the YED representing the physical resources of the real world. Meta-resources can be mined inside a spot of YED land through Pylons. Each meta-resource can also be traded or sold on an NFT marketplace.

Pylons are utility NFTs that enable users to farm raw materials or meta-resources. A Pylon itself is also tradeable. To produce meta-resources, Pylons need to be planted in the YED land. Only one Pylon is allowed per spot of land.

Mining would take place within 24 hours of the planting of the Pylon. More Pylon types will be developed to represent various resources in the real world. Users may read the article on starting a metaverse building business with pylons to learn more about it. More details regarding the release of Pylons will be posted first in the community updates.

Current blockchain networks, such as Ethereum, are not built for high-performing applications. With only an average of 17 TPS, it is almost impossible to have real-time transactions, let alone load them with heavy graphics. 

The Acent Mainnet is being built to become a more efficient and secure blockchain infrastructure in the market. Acent’s codebase, which is the Open Ethereum Parity 3.3.5 stable version, can be easily configured and supports several unique APIs, making it more accessible for businesses, developers, or individuals interested in adopting blockchain technology for meta- application deployment. Due to its ease of customization, it is suited for modular adoption. It is ideal for projects that require light integration of blockchain into their service or product. 

The Acent Mainnet addresses the issue of slow cryptocurrency transactions by making its system light, highly scalable, and interoperable. It has a unique consensus mechanism called the Proof of Stake Authority (POSA), which requires only a few validators to process a stable 400–500 transactions per second securely. Future updates will introduce higher TPS solutions as the network undergoes updates.

The Acent mainnet relies on “authorities” instead of nodes to solve arbitrary mathematical problems. Data on-chain is signed off by the majority of authorities to become part of the permanent record. Usually, there is higher accountability and security in this approach than in a network based on Proof of Work (POW) consensus algorithms. 

Among other advantages of the Acent Mainnet over the other networks include:

• maximized incentivization of EDAO holders through the distribution of Acent from the ASAP (Acent Substance Accumulation Pool) into the UBI earnings pool.
• savings for users and businesses through lowered or cheaper transaction fees.
• accelerated adoption and enhanced user approachability through integration with the Acent Web 3.0 (Osiris Web 3.0) browser.
• more consistent throughput as blocks are validated at regular intervals.
• integrating tools and ecosystems, which results in a seamless experience while maintaining TPS speeds. 
• less computationally intensive. Mining requires lots of computation, but having a few validators or authorities will speed up the process;
• provides better graphic performance with lower transaction latency. Its crypto engine interface architecture makes it easy to work with high-end gaming and entertainment tools like Unreal Engine 5 and Unity; and
• less potential for security invasion. An attacker with an unwanted connection or hacked authority can not overwhelm a network, potentially reverting all transactions.

By utilizing the Acent Crypto Engine API, the Acent Mainnet addresses latencies in cryptocurrency transactions without sacrificing the graphic resolution and performance of Triple-A applications in its system. This is possible through a careful orchestration of the Acent blockchain, DAPPX functionality on the Acent Web 3.0 (Osiris Web 3.0) browser, and Metawallet integration via the Acent Crypto Engine API. 

Below is the result of the beta testing of ACENT’s POSA using 4 validators via the JMeter test:

1. POSA (Proof of Staked Authority)

ACENT uses the Proof of Stake Authority (POSA) Consensus, which has evolved from the old POR (Proof-of-Reliability) algorithm. The ACE POSA is a hybrid form of consensus that enhances the Clique Proof of Authority Consensus with built-in DeFi-like staking rewards for all participants. 

Clique POA consensus protocol has a unique feature wherein only designated signer nodes can seal/mine the blocks. This means there is no energy and time-consuming hash mining involved, in contrast to Ethash (Ethereum’s PoW algorithm). Only nodes that are in the list of signers can seal the blocks. In the absence of hash mining, Clique creates a block in a predefined period of time. This significantly speeds up base transaction processing time by 5X as compared to Ethereum.

We modified the Clique POA consensus so that instead of the signers getting the transaction fees, these fees will go to a reward pool called the Acent Substance Accumulation Pool (ASAP). A built-in staking smart contract called Acent Rewards Smart Contract (ARC) will enable users of the Acent blockchain to participate by staking ACENT into ARSC and obtaining proportionate ACE rewards from ASAP. Eventually, these rewards are added to the UBI system, benefiting the EDAO governance token holders, who are eligible to claim their share of earnings from the entire ecosystem depending on how much EDAO they possess.

Consequently, this hybrid consensus enables the ACENT network to speed up transactions while keeping fees low and minimizing the network’s labor intensity. Furthermore, it also enables users to participate in decentralized fee farming.

2. Signers/Validators

Initially the signers/validators that would validate and seal/mine the blocks will be defined in the genesis.json. The signers are updated dynamically via the Clique POA protocol of the Acent blockchain.

3. Fee burning process Acent per transaction

 The Acent token is burned in the following ways:

1. Acent is burned using Acent Nitro (Gas) for every on-chain transaction, which generates Nitro gas fee. 

2. Nitro gas is taken from all Acent Mainnet validator nodes using a helper script running on each secure validator node. All Nitro gas from each validator node is sent to POSA’s smart contract address.
3. The POSA smart contract is activated, and the amount of Nitros to be burned is calculated using the formula Y = X * 9%. Where:
   • “X” is the input or the number of ACE that will be burned at a 9% burn rate; and 
   • “Y” is the burned amount that is sent to the UBI wallet address of the Acent Foundation.
4. Then the 91% left from X is divided by the total number of POSA hot wallets of Acent. In this case, there are 3 POSA wallets, so Z = X / 3 or in another expression, Z = the 1/3 of X.
5. Z is then sent to each POSA hot wallet.
6. POSA Smart Contract finishes processing. The POSA Smart contract waits for the next transaction to be processed again from Step 1.

The Acent blockchain has its own version of wrapping called “Ascending”, which allows users to convert BTC, ETH, or another wrapped contract as Acent-wrapped versions of their selected cryptocurrency. For instance, an ascended ETH will become AETH and WBTC to ABTC and will be sent to the user’s Metawallet. The ETH or WBTC will then be held in custody within smart contracts to maintain a 1:1 value between the original and ascended tokens.

ETH and ERC20 tokens will be equally transferable as ascended tokens on the Acent chain.

The Ethereum Bridge Smart Contract (EBSC), Crypto Bridge Oracle (CBO), and Acent Bridge Smart Contract (ABSC) via Acent Token Bridge (ATB) will facilitate the wrapping and ascending of corresponding tokens, similar to the Eth ACE to ACE swap/conversion process.

The Acent Governance Smart Contract facilitates the nomination, approval, and listing of wrapped or ascended tokens on the Acent Blockchain.

Acent Web 3.0 browser (formerly Osiris Web 3.0 browser) is the third most popular Web 3.0 blockchain browser after Brave and Opera and the first-ever metaweb browser. It has been renamed the Acent Meta browser to reflect the data security and meta web rendering enhancements necessary to deliver a fully parallel reality web service. A large number of applications that support the Acent Mainnet are provided through the Acent meta browser. This includes the optimized dApp marketplace with Steam-like application management and launchpad capabilities, as well as Metawallet, the user authentication method, and blockchain asset vault. 

As a metaweb operating system launcher and navigator, the Acent Meta browser (Osiris Web 3.0) plays a crucial role in meta-application ecosystems as it is being redesigned to accommodate the specifications required for metaweb services. We are pleased that we may be able to release the alpha version of this sooner than the community had anticipated in order to establish a benchmark for how a metaweb environment should appear, sound, and feel. It is the fundamental tool for exploring the decentralized immersive web. 

In addition to metaweb application rendering, the Acent Web 3.0 (Osiris Web 3.0) browser has enhanced traditional web features such as a built-in armor that automatically blocks intrusive advertisements, blocks third-party cookies that profit from your private data, and has a Device Identity Protection feature that protects users from identity theft, including data or password monitoring. These enhancements have made browsing the web three to seven times faster, made it easier to stay anonymous, and made security stronger.

The Acent Web 3.0 (Osiris Web 3.0) browser has been included as one of the top 10 browsers for cryptocurrency in 2022 by Rigorous Themes and the top 5 browsers for 2022 by Browsers to Use.

The crypto wallet of the Acent blockchain technology will position itself as a one-stop multi-wallet addressing the following features: 

• Safely stores and manages crypto assets – The Acent metawallet ensures that all NFT and cryptocurrency assets will receive the highest level of security. A cryptography-based privacy-preserving computation technology is present in all of Acent’s product ecosystems, making all the data available but not visible, thus making data privacy fully protected. 

• Supports various types of cryptocurrencies– As the product matures, the Acent meta-wallet aims to be compatible with more than 90% of all major networks in the blockchain market. At the moment, it covers ETH, TRX, and first-party cryptocurrencies such as ACE and DAPPX. It plans to cover other major main networks, such as BTC, SOL, and DOT. 

• Allows dApp integration – The Acent multi-wallet directly connects to decentralized applications that you browse within the Acent Web 3.0 (Osiris Web 3.0) browser. This ease of interaction will be experienced by users as they navigate through a decentralized finance game (defi game), a decentralized exchange (DEX), or a decentralized finance (defi) service. Popular dApps like DAPPX and Your Earth DAO would work right out of the box with the Acent metawallet.

The Acent Metawallet uses sophisticated technology that can access decentralized applications (dApps) from multiple blockchain networks in one application. Known as the Acent Crypto Engine Interface (ACEI) it will provide the following features to the Acent metawallet:

• Integration Platform – Allows third-party application developers to showcase their product and publish it to DAPPX, as well as use Acent services by utilizing ACEI P2E APIs benefitting all users. This means developers will be able to develop P2E resource-heavy, high-end applications using gaming engines such as Unreal Engine 5 and Unity without involving smart contracts;

• ACEI  Base Layer (Microservices) – the main engine that can easily scale up to 300,000 digital transactions per second with zero transaction fees pooling cryptocurrency transactions into the system for back-end processing; 

• ACE API (Microservices) –  the technology that functions in tandem with the OCEAN Engine to simplify crypto transactions by removing the need to transfer cryptocurrencies to a centralized exchange and then trade them again. Because of this technology, users no longer have to send funds to the exchange and risk losing money to transaction fees and the volatility of crypto prices; 

• Crypto Payment Processor (general) – Processor that is being developed to accept seamless payment exchanges from any cryptocurrency through Payment Processor Snippets (PPS);

• Multichain crypto swaps – send and accept different types of crypto inside the built-in metawallet; 

• Purchasing of ACE token – OCEAN supports the ease of purchase or conversions of ACE tokens via an Exchange API that would register the live rates of token for purchase; and

• SSO (single sign-on) – enables users to use the ecosystem application with a single sign-on without having to give up their personal information to any centralized tech firm in the hope that it will not be abused for mass consensus control and dissemination of global agendas that pose fatal risks.

Because of the power of ACEI technology under the Acent blockchain, users may experience the following features:  

• Real-time crypto transaction processing;
• Fewer transaction fees while using Ace cryptocurrency;
• Single sign-on (SSO) for all three ecosystem components (i.e. Acent metawallet, dAppstore, COBA, and third-party meta-apps); 
• Multiple important cryptos are available in the wallets for the popular crypto games without complicated swaps and outrageous fees; 
• Scalable microservices to withstand a load of simultaneous transactions at a time; and 
• Better return on investment (ROI) based on fair participation and contribution to exciting new user-generated meta-spaces and meta-application, which naturally allows them to actively monetize their passion.

DAPPX is the Steam-like platform and the application launcher of Acent’s blockchain-based appstore.

Acent Desktop Application Interface, the technology behind DAPPX, allows decentralized assets to function in a high-performance environment to provide scalable speed and data processing finesse for applications that tailor mass adoption of decentralized ecosystems. 

With DAPPX, you can launch decentralized apps and games by downloading them to your PC and taking full advantage of the computing power from your local memory, GPU, and CPU resources.

Here are some of the features of the Acent Desktop INterface technology with the DAPPX platform:

• Renders high-performance applications with high quality graphics – the YED metaweb service is one of the P2E blockchain ecosystems that renders high-end resolution and real-time graphics. With the Acent Desktop Application Interface, users can enjoy a seamless connection between P2E games and the Acent metawallet, allowing them to not only play games but also buy and sell NFTs. This makes the entire process of metaverse applications – that rely heavily on complex token economy rendering – a pleasurable and hassle-free experience;

• Functional marketplace – another user experience in DAPPX is similar to the popular appstore on the market (i.e., Google Playstore). DAPPX will enable users to access their favorite blockchain-based applications; and

• Application launchpad and marketing services – it allows a complete service ecosystem for users and businesses.

More details about DAPPX can be accessed in the DAPPX Whitepaper 2.0, which will be released soon. 

The Acent Swap is the Acent’s version of the PancakeSwap from the Binance Smartchain. Acent Swap is an automatic liquidity acquisition yield farm with a built-in Auto Market Maker (AMM) decentralized exchange that matches the crypto asset price to the existing market price. It has several other unique and creative features that allow users to earn rewards, such as: 

• Trading pairs – traders can get ADE extra token rewards for every trade they conduct in specialized trading pairs. An ADE is a governance and reward token similar to the CAKE token in PancakeSwap. For most trading pairs, traders will receive an ADE trade token. This is an incentive for projects to use Acent decentralized exchange for their cryptocurrency swap. 

• Acent Liquidity Pool – A liquidity pool is a mechanism by which users can pool their assets in a DEX’s smart contracts to provide asset liquidity for traders to swap between currencies. The Acent liquidity pool through the smart contract automatically raises the price floor continuously. The liquidity pool is locked and inaccessible within the prescribed period. The liquidity providers profit when the trading volume is high; the greater the trading volume, the greater the fees are collected in the liquidity pool.

• Harvest Lockup – A harvest lockup is a unique rewards lockup mechanism used to limit the frequency of harvest. It is designed to prevent farming arbitrage bots from constantly harvesting and dumping.

The main strength of Acent Swap as a decentralized exchange is that it runs on its own blockchain, the Acent Mainnet, which makes the platform faster and more secure. It has anti-whale security features that make sure it doesn’t allow people who have a lot of money to manipulate the price action of a cryptocurrency. This may include heavy volume selling of cryptocurrency to create a panic or run in the market. Transfers of more than 1/2 of the total supply will be rejected in the Acent Swap. As the total supply grows, this ratio will be reduced.

The Acent Swap Exchange v2 is a complete fork of the stable UniSwap v2 engine and Pancake User Interface. Its factory and router smart contracts are nearly the same as UniSwap. This means that the smart contracts that hold your cryptocurrency or liquidity are just as secure as the UniSwap.

The steady increase in metaverse users is expected to cause network congestion, eventually leading to higher transaction fees. Most blockchain metaverse platforms have been built directly on top of the Ethereum blockchain, which is already a fully-loaded network. As a result, architectural limitations such as scalability issues, high transaction fees, and delays in processing basic transactions have been a major challenge for them.

Building the metaverse on the Ethereum mainnet (Layer 1) would most likely address security but not scalability due to its low throughput of only 17 transactions per second (TPS), potentially resulting in extremely high gas fees.

As a result, a new solution to run the Your Earth DAO metaverse was proposed: a first-layer protocol built on the Acent blockchain that would address all inefficiencies in existing metaverses.

Acent blockchain scaling solution is launching Your Earth DAO as the first of many other simulated parallel reality web services that will give users a compelling blockchain user experience.

The Acent blockchain technology will provide the following capabilities to the Your Earth DAO metaverse:

• Full compatibility with decentralized applications from other chains— this allows users and developers to import Ethereum-based decentralized applications (dApps) into the Your Earth DAO metaverse. Users will be able to create their own NFTs and deploy them on the metaverse platform without having to change their development environment to deploy their decentralized applications to the Your Earth DAO metaverse.
• Lower fees — Because Nitro fees of Acent, which are similar to gas fees in Ethereum, are relatively inexpensive in Layer 1 solutions, users can enjoy value exchanges of their digital assets and NFTs as frequently as they want without the financial burden.
• Fewer validators equate to faster transactions — Acent’s unique Proof of Staked Authority (POSA) consensus mechanism validates the chain coming in the blocks with only a few validators. As a result, it will not only have lower transaction fees, but it will also have one of the most stable and fastest Layer 1 solutions on the market.
• Reduces scalability issues — With zero transaction fees, the Acent blockchain will be able to process NFT and crypto exchanges at a higher but stable 400–500 on-chain transactions per second (TPS) and 300,000 digital transactions per second (DTPS). This is faster than the Ethereum chain, with an average of only 17 TPS. 
• Promotes Decentralized Autonomous Organization (DAO) — DAO is a Layer 1 feature of the Acent blockchain technology that allows Your Earth DAO users to vote on issues (big or small) that may affect or improve the platform’s governance.

Protects NFT digital assets from hacks — there are three main reasons why the system is highly protected: i) Acent Mainnet is deployed on high availability, high-performance network that is a financial certified server; 2) it has two-layer, end-to-end service protection for Distributed Denial of Service (DDoS) attacks; and 3) all web servers are protected by Secure Sockets Layer (SSL) which means it uses encryption algorithms to scramble data in transit, preventing hackers from reading it as it is sent over the connection.