Gov/en/Portal:Economy/Karma-Token-Market: Difference between revisions
m AI-Admin-Assistant moved page Gov/en/Portal:Economy/Miles-Market to Gov/en/Portal:Economy/WIL-Token-Market: Terminology: miles / Miles Credits -> WIL token (WikiDeal Inner Life), Theo 2026-07-16 |
Terminology: miles / Miles Credits -> WIL token (WikiDeal Inner Life), Theo 2026-07-16 |
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{{KidsIntro|This page is about a place to trade the | {{KidsIntro|This page is about a place to trade the WIL tokens you earn.}} | ||
= | = WIL Token Market — Algorithmic Valuation of WIL tokens = | ||
{| class="wikitable infobox" | {| class="wikitable infobox" | ||
|- | |- | ||
| class="infobox-title" colspan="2"| | | class="infobox-title" colspan="2"| WIL Token Market | ||
|- | |- | ||
| Programme | | Programme | ||
| Line 10: | Line 10: | ||
|- | |- | ||
| Currency | | Currency | ||
| | | WIL tokens 🔗 | ||
|- | |- | ||
| Maturity | | Maturity | ||
| Line 31: | Line 31: | ||
|} | |} | ||
The ''' | The '''WIL Token Market''' is WikiDeal's programme for the algorithmic valuation of '''WIL tokens 🔗'''. Unlike speculative markets, the WIL Token Market is based entirely on real supply and demand within the WikiDeal ecosystem — transparent, at-cost, and stimulating without being speculative. | ||
== What is a | == What is a WIL token Worth? == | ||
A | A WIL token has no fixed exchange rate. Its value is determined by a '''double indicator''': | ||
# '''Value of the service or good''' — what the service is actually worth in the real economy | # '''Value of the service or good''' — what the service is actually worth in the real economy | ||
# '''Availability and frequency''' — how often the service is available on the platform | # '''Availability and frequency''' — how often the service is available on the platform | ||
WIL token Value = f(Service Quality × Availability) | |||
Low availability × Low frequency → Lower | Low availability × Low frequency → Lower WIL token value | ||
High demand × Scarce supply → Higher | High demand × Scarce supply → Higher WIL token value | ||
Many providers × Few users → | Many providers × Few users → WIL token value drops linearly | ||
=== The Double Indicator in Practice === | === The Double Indicator in Practice === | ||
==== Example 1 — Low availability apartment 🏠 ==== | ==== Example 1 — Low availability apartment 🏠 ==== | ||
An apartment is available only Tuesday–Thursday, 2× per month. Very low availability → low | An apartment is available only Tuesday–Thursday, 2× per month. Very low availability → low WIL token value. The provider gets few users, and the WIL tokens they earn have less market weight. They should consider extending availability to increase WIL token value. | ||
==== Example 2 — Many massage therapists 💆 ==== | ==== Example 2 — Many massage therapists 💆 ==== | ||
If 50 massage therapists are listed and only 10 users request massages per month, the | If 50 massage therapists are listed and only 10 users request massages per month, the WIL token market is flooded. WIL token value for massage drops linearly. Providers are incentivized to volunteer more (increasing their profile) or specialize to differentiate. | ||
==== Example 3 — Few apartments, many seekers 🏘️ ==== | ==== Example 3 — Few apartments, many seekers 🏘️ ==== | ||
If housing is scarce but demand is high, apartment providers earn more | If housing is scarce but demand is high, apartment providers earn more WIL tokens per Transaction. The algorithm rewards scarcity of supply appropriately — but always within transparent, community-auditable rules. | ||
== The Market Algorithm == | == The Market Algorithm == | ||
The | The WIL Token Market runs on supply and demand — but unlike a financial market, all data is transparent and auditable by the community: | ||
* '''Too many providers + few users''' → | * '''Too many providers + few users''' → WIL token value drops linearly (linear depreciation, not cliff-crash) | ||
* '''Few providers + many users''' → | * '''Few providers + many users''' → WIL token value rises proportionally | ||
* '''Equilibrium''' → Stable | * '''Equilibrium''' → Stable WIL token value at 1:1 with the reference service basket | ||
The algorithm is public, community-validated, and cannot be manipulated by any single provider or [[Gov/en/Portal:R&D/Innovations:User Groups|User Group]]. All valuations are logged in the WikiDeal public ledger. | The algorithm is public, community-validated, and cannot be manipulated by any single provider or [[Gov/en/Portal:R&D/Innovations:User Groups|User Group]]. All valuations are logged in the WikiDeal public ledger. | ||
== The Contract Principle == | == The Contract Principle == | ||
"The more clients I have, the more I can charge in | "The more clients I have, the more I can charge in WIL tokens. | ||
The fewer clients I have, the more I volunteer — and build my reputation." | The fewer clients I have, the more I volunteer — and build my reputation." | ||
This principle means that the | This principle means that the WIL Token Market creates natural incentives for both quality and community participation: | ||
* Providers with high demand earn more | * Providers with high demand earn more WIL tokens and can charge more per Transaction | ||
* Providers with low demand are incentivized to volunteer (earn reputation + | * Providers with low demand are incentivized to volunteer (earn reputation + WIL tokens) rather than sit idle | ||
* Users benefit from competitive pricing when supply is high | * Users benefit from competitive pricing when supply is high | ||
* The community benefits from increased volunteering when supply exceeds demand | * The community benefits from increased volunteering when supply exceeds demand | ||
== Connection to the Need-Driven Funding mechanism == | == Connection to the Need-Driven Funding mechanism == | ||
The | The WIL Token Market is directly connected to the '''[[Gov/en/Portal:R&D/Innovations:Need-Driven Funding|Need-Driven Funding mechanism]]'''. When WIL tokens accumulate in User Group pools: | ||
* First: | * First: WIL token pressure increases → more volunteering incentivized → service quality up | ||
* Then: [[Gov/en/Portal:Economy/Rewards|Rewards]] (no guarantee*) 💰 increases → as services multiply, revenue grows → Cash becomes available | * Then: [[Gov/en/Portal:Economy/Rewards|Rewards]] (no guarantee*) 💰 increases → as services multiply, revenue grows → Cash becomes available | ||
* The | * The WIL Token Market thus acts as a '''natural regulator''' between community activity and financial redistribution | ||
''→ See [[Gov/en/Portal:Economy/Rewards-Explained|Rewards Explained]] for the Need-Driven Funding mechanism and [[Gov/en/Portal:R&D/Innovations:Bonding Curve|bonding curve]] details.'' | ''→ See [[Gov/en/Portal:Economy/Rewards-Explained|Rewards Explained]] for the Need-Driven Funding mechanism and [[Gov/en/Portal:R&D/Innovations:Bonding Curve|bonding curve]] details.'' | ||
== Connection to Shared Resources == | == Connection to Shared Resources == | ||
The [[Gov/en/Portal:Community/Shared-Resources|Shared Resources programme]] is the primary consumer of | The [[Gov/en/Portal:Community/Shared-Resources|Shared Resources programme]] is the primary consumer of WIL tokens. When housing, transport, food, and tools are shared within a [[Gov/en/Portal:Trust-Safety/Rings-of-Trust|Ring of Trust]], the WIL Token Market determines fair exchange rates for these assets. A shared apartment earns more WIL tokens than a shared bicycle — because its value and scarcity justify it. | ||
== Why Not Speculative? == | == Why Not Speculative? == | ||
The | The WIL Token Market differs from crypto or financial markets because: | ||
* All data is public — every Transaction, every valuation, every provider's availability | * All data is public — every Transaction, every valuation, every provider's availability | ||
* No hoarding incentive — | * No hoarding incentive — WIL tokens are designed to be ''used'', not held | ||
* Community governance — User Groups vote on market rules, not algorithms controlled by a private company | * Community governance — User Groups vote on market rules, not algorithms controlled by a private company | ||
* At-cost principle — WikiDeal takes no Commission on | * At-cost principle — WikiDeal takes no Commission on WIL token exchanges beyond the standard platform fee | ||
* Real services — every | * Real services — every WIL token represents an actual service offered by a real person | ||
''"Stimulating but not speculative at all — because everything is transparent."'' | ''"Stimulating but not speculative at all — because everything is transparent."'' | ||
Revision as of 21:44, 16 July 2026
💡 In simple words: This page is about a place to trade the WIL tokens you earn.
WIL Token Market — Algorithmic Valuation of WIL tokens
| WIL Token Market | |
| Programme | #12 — Market |
| Currency | WIL tokens 🔗 |
| Maturity | ⭐☆☆☆☆ (concept) |
| Valuation | Algorithmic, supply/demand |
| Speculation? | ❌ Non-speculative |
| Transparency | ✅ Full, public |
| See also | Rewards Explained |
| See also | Shared Resources |
The WIL Token Market is WikiDeal's programme for the algorithmic valuation of WIL tokens 🔗. Unlike speculative markets, the WIL Token Market is based entirely on real supply and demand within the WikiDeal ecosystem — transparent, at-cost, and stimulating without being speculative.
What is a WIL token Worth?
A WIL token has no fixed exchange rate. Its value is determined by a double indicator:
- Value of the service or good — what the service is actually worth in the real economy
- Availability and frequency — how often the service is available on the platform
WIL token Value = f(Service Quality × Availability)
Low availability × Low frequency → Lower WIL token value High demand × Scarce supply → Higher WIL token value Many providers × Few users → WIL token value drops linearly
The Double Indicator in Practice
Example 1 — Low availability apartment 🏠
An apartment is available only Tuesday–Thursday, 2× per month. Very low availability → low WIL token value. The provider gets few users, and the WIL tokens they earn have less market weight. They should consider extending availability to increase WIL token value.
Example 2 — Many massage therapists 💆
If 50 massage therapists are listed and only 10 users request massages per month, the WIL token market is flooded. WIL token value for massage drops linearly. Providers are incentivized to volunteer more (increasing their profile) or specialize to differentiate.
Example 3 — Few apartments, many seekers 🏘️
If housing is scarce but demand is high, apartment providers earn more WIL tokens per Transaction. The algorithm rewards scarcity of supply appropriately — but always within transparent, community-auditable rules.
The Market Algorithm
The WIL Token Market runs on supply and demand — but unlike a financial market, all data is transparent and auditable by the community:
- Too many providers + few users → WIL token value drops linearly (linear depreciation, not cliff-crash)
- Few providers + many users → WIL token value rises proportionally
- Equilibrium → Stable WIL token value at 1:1 with the reference service basket
The algorithm is public, community-validated, and cannot be manipulated by any single provider or User Group. All valuations are logged in the WikiDeal public ledger.
The Contract Principle
"The more clients I have, the more I can charge in WIL tokens. The fewer clients I have, the more I volunteer — and build my reputation."
This principle means that the WIL Token Market creates natural incentives for both quality and community participation:
- Providers with high demand earn more WIL tokens and can charge more per Transaction
- Providers with low demand are incentivized to volunteer (earn reputation + WIL tokens) rather than sit idle
- Users benefit from competitive pricing when supply is high
- The community benefits from increased volunteering when supply exceeds demand
Connection to the Need-Driven Funding mechanism
The WIL Token Market is directly connected to the Need-Driven Funding mechanism. When WIL tokens accumulate in User Group pools:
- First: WIL token pressure increases → more volunteering incentivized → service quality up
- Then: Rewards (no guarantee*) 💰 increases → as services multiply, revenue grows → Cash becomes available
- The WIL Token Market thus acts as a natural regulator between community activity and financial redistribution
→ See Rewards Explained for the Need-Driven Funding mechanism and bonding curve details.
The Shared Resources programme is the primary consumer of WIL tokens. When housing, transport, food, and tools are shared within a Ring of Trust, the WIL Token Market determines fair exchange rates for these assets. A shared apartment earns more WIL tokens than a shared bicycle — because its value and scarcity justify it.
Why Not Speculative?
The WIL Token Market differs from crypto or financial markets because:
- All data is public — every Transaction, every valuation, every provider's availability
- No hoarding incentive — WIL tokens are designed to be used, not held
- Community governance — User Groups vote on market rules, not algorithms controlled by a private company
- At-cost principle — WikiDeal takes no Commission on WIL token exchanges beyond the standard platform fee
- Real services — every WIL token represents an actual service offered by a real person
"Stimulating but not speculative at all — because everything is transparent."
- Rewards are subject to platform revenue availability. No financial return is guaranteed. See Terms & Conditions.
→ See also: Rewards Explained | All 12 Programmes | Shared Resources | Innovations