Qindo, Universal social capitalism as a fair alternative way to make money

arthursepuluh (25)in #qindo • 3 years ago

About Qindo

Qindo is building a tax-free, disinflationary social capitalism in trade thanks to the Proof-ofSocial-Utility mechanism that delivers incentivized solidarity based on the power of democracy and self-regulated finance through 7 unprecedented features.

Social Promotion

Use $QINDO in an NFT-and-social-networkAPI-based permissionless upvote system.
Receiver's quantum $QINDO upvote : Q = (∑B+1)/(∑A+1)
With unlimited upvote from the candidate (A) and from tiers (B). A & B updated in real time.
A user can vote to a profile as many time as he can.

Social Harvest

Get right to periodically mint $QINDO rewards for ever by using/burning $QINDO.
Daily $QINDO claimable reward for tiers upvoters and per upvote given : R = 1/Q

Social Staking

See your $QINDO balance growing each time someone burns $QINDO in QINDO's interface.
$QINDO reflected reward for $QINDO holders per upvote given by the community : P = Q/3

Social Farming

Burn your upvote score linked to your NFT to get your share of a $QINDO reserve.
Social Score for receiver : S = (∑A+1)*(∑B+1)
With upvote from the candidate (A) and from tiers (B). A & B updated in real time
$QINDO available reward to claim for upvote received from tiers and by burning S : C = Q/7
The burnt score proportionnaly decreases A and B

Social Reflection

Utility-driven reflection stabilizing total supply by impacting holdings when $QINDO is burnt and mint.
It's is not tax in trade. It is tax in utility.
It is not elastic supply coin. It is a rigid supply of a burnable and mintable coin.

Social Funding

Underly your own NFT to raise fund, lend or borrow as never before.
Use your fungible set as loan collateral (with custom interest rate, without term and liquidation risk) and to participate in rebalancing an NFT-based index fund used as overcollateral.

Augmented NFT and Social Legacy

Trade your NFT in Qindo interface and track their 5 augmented values (collateral, claim, underlyings, fund, future reward, social score)

Road Map