WhitePaper EN
  • WhitePaper DeflationCoin
  • 1. Introduction
  • 1.0. Preface
  • 1.1. The Socio-Economic Consequences of Inflation
  • 1.2. The process of exporting inflation from the U.S. to other countries
  • 1.3. A Global Bankrupt Disguised as a "Financial Leader"
  • 1.4. The Birth of the Crypto Industry
  • 1.5. Bitcoin’s Limitations
  • 1.6. A Cryptocurrency Without the Flaws of "Digital Gold"
  • 2. Mission and Objectives
    • 2.0. Mission and Objectives
  • 3. Operating and design principles
    • 3.0. Preface
    • 3.1. Limited Supply with Zero Inflation
    • 3.2. Daily Smart-Burning of Coins
    • 3.3. Deflationary Halving—Unlike Bitcoin.
    • 3.4. Smart-Staking
    • 3.5. Smart Dividends
    • 3.6. Gradual Unlocking
    • 3.7. Basket and Pump (BaP)
    • 3.8. Attention Capture Mechanism
    • 3.9. Blockchain-Integrated Affiliate Marketing
  • 3.10. Smart Fees
  • 3.11. Deflationary Ecosystem
  • 3.11.1. Educational Gambling
  • 3.11.2. Potential Directions for Scaling the Ecosystem
  • 3.11.3. Legal and Regulatory Aspects of the Ecosystem
  • 3.12. Environmental Principle
  • 3.13. Geometric Progression in Coin Distribution
  • 3.14. Automated Diversification Across Exchanges
  • 3.15. Online Node
  • 3.16. Open Source Blockchain and Financial Transparency of the Ecosystem
  • 3.17. Three-Level Decision-Making Mechanism: "Proof-of-Deflation"
  • 3.17.1. Meritocracy of Ideas
  • 3.17.2. Skin in the game
  • 3.17.3. The Right to Veto
  • 3.18. The principle of “Humor and Memes”
  • 4. Team
    • 4.0. Preface
    • 4.1. Natoshi Sakamoto
  • 4.2. Vitalik But Not-Buterin
  • 4.3. DeflationCoin Mafia
  • 5. Tokenomics
    • 5.0. Preface
  • 5.1. Token Distribution
  • 5.2. The 50% | 50% Expenditure Principle
  • 6. Blockchain architecture level
    • Minus 1 level (-L1)
  • 7. Technical Architecture
    • 7.0. Technical Architecture
    • 7.1. Reliability and Security Architecture
    • 7.2. Cryptographic Security Methods
    • 7.3. Conceptual Architecture of DeflationCoin
    • 7.3.1. Smart Contract Architecture
  • 7.3.2. Online Node
  • 7.3.3. Deflationary Ecosystem
  • 7.3.4. Automated Order Placement on DEX
  • 7.4. Development and Transition to a Proprietary Innovative Blockchain.
  • 8. asset rating
    • 8.0. Asset Rating
  • 8.1. Detailed analysis of indicators
  • 9. Conclusion
    • 9. Conclusion
  • 10. Reference
    • 10. Reference
  • 11. Contact Information
    • 11. Contact Information
Powered by GitBook
On this page
  • Core Elements of Meritocracy of Ideas:
  • 1. Radical Honesty and Transparency
  • 2. Principle of Inclusivity
  • 3. Open Feedback Culture
  • 4. System of "Idea Competition"
  • 5. Evaluation Based on Merit, Not Authority
  • 6. Idea "Creditworthiness" System
  • 7. Algorithms and Technologies for Decision-Making

3.17.1. Meritocracy of Ideas

At the first level of PoD, all ideas undergo filtering based on the principle of “meritocracy of ideas.”

The principle of meritocracy of ideas is based on the concept that the best ideas should prevail regardless of their origin. This approach is used for decision-making and involves creating an environment where all perspectives are openly discussed and analyzed. Meritocracy of ideas enables well-considered and justified decisions while reducing the likelihood of errors caused by subjectivity or personal biases. This approach encourages all ecosystem participants to express their thoughts, substantiate them, and actively engage in the decision-making process.

Core Elements of Meritocracy of Ideas:

1. Radical Honesty and Transparency

All dialogues regarding ecosystem improvement are open for public viewing. This helps create an open and trustworthy space where everyone can observe and analyze the decision-making process.

2. Principle of Inclusivity

Any token holder can freely express themselves and criticize ideas, even those proposed by participants with more tokens. Inclusivity emphasizes the involvement of individuals with diverse experiences, perspectives, cultural, and ethnic backgrounds in discussions and decision-making processes. This principle enhances the quality and fairness of decisions, builds trust among participants, and strengthens the reputation of the entire ecosystem.

3. Open Feedback Culture

Every token holder can give and receive honest feedback. Participants can evaluate each other’s ideas and behavior in real-time. This fosters a culture that values critical thinking and continuous improvement.

4. System of "Idea Competition"

Every significant decision undergoes a “competition of ideas” process, where each idea is examined from different perspectives. All opinions are discussed, analyzed, and criticized to identify the best solution. Token holders strive to challenge conventional views and question them if they see more effective alternatives. Ideas are selected based on both the number of votes and the X-multiplier, with both metrics evaluated in parallel.

5. Evaluation Based on Merit, Not Authority

The focus is on the quality and reasoning behind ideas rather than the status or experience of the individual presenting them. All opinions and ideas are assessed based on their justification and factual support. While everyone’s input is considered, its weight varies depending on the individual’s expertise, knowledge, and past successful decisions. This minimizes the influence of less competent participants on the discussed topic.

6. Idea "Creditworthiness" System

Participant opinions carry varying "weights" depending on their expertise and historical accuracy in specific areas. For example, the opinion of an experienced market analyst may carry more weight in macroeconomic discussions.

7. Algorithms and Technologies for Decision-Making

Algorithms and software tools are essential for analyzing and making decisions. These tools take into account all opinions and arguments to help identify the best solution based on data. Tests and assessment procedures can help determine participants’ competencies, personal qualities, and cognitive abilities.

Although complex to implement, meritocracy of ideas fosters an innovative and highly effective working environment where every voice matters if supported by facts and logic. This approach leverages collective intelligence to its fullest potential, ensuring decisions are based on quality ideas, ultimately contributing to the ecosystem's success.

Ideas meritocracy can be difficult to implement, but it fosters an innovative and highly productive work environment where every voice matters as long as it is supported by facts and logic. This way, collective intelligence is used to its maximum potential, and decisions are made based on quality ideas, which ultimately contributes to the success of the entire ecosystem.

This method has been time-tested and proven effective by many of the world’s largest companies, including Bridgewater Associates, Google, IBM, Intuit, Pixar, and others.

Previous3.17. Three-Level Decision-Making Mechanism: "Proof-of-Deflation"Next3.17.2. Skin in the game

Last updated 5 hours ago