Author

Topic: [ANN] DokTok - Utility Token for Decentralized Doconchain Network (Read 70 times)

newbie
Activity: 8
Merit: 0
Introducing Dok Token

What is Dok Token?

The DOK utility token is the fuel of the Decentralized Doconchain Network built to revamp the Gig economy for the web3, providing entrepreneurs, freelancers, creators and artists with blockchain and NFTs managed solutions to boost their business using a token economy (open to unbanked) while offering a ‘contribute to earn’ reward program to contributors who participate to the network growth.



Important Links

Whitepaper
Company Website
Telegram



Social Media

Twitter
Facebook
Reddit
Instagram
LinkedIn




Decentralized Network
The Decentralized Doconchain network allows users to benefit from: peer-to-peer relations to develop their business, a ‘contribute to earn’ reward program and a token economy that can redistribute AUM yield to the community.

Participants will be rewarded for contributing while maintaining control of data stored and shared. The proposed network is built on top of our existing first products (DOC Paperless, DOC Copyright and DOC Rewards Program) and the coming ones around the Gig economy (to allows freelancers to offers services while getting 95% of the proceed). The Doconchain Network will be fueled with the DOK token.
 


Technology Architecture
Doconchain by definition is built on a library of APIs and is blockchain agnostic which means that it can integrate different blockchain infrastructures. As we are building a network for entrepreneurs and creators which implies respecting some compliances and standards, we decided to adapt a permissioned blockchain infrastructure built on a fork of the NEM blockchain catapult and powered by our partner ProximaX. The Layer of solutions is built on top of this blockchain infrastructure layer.
We are using a DFS (Distributed file storage) solution to reinforce the security and a ZKP (Zero Knowledge Proof) system to reinforce the privacy of the documents managed on the network.
Regarding the NFTs, we are using the infrastructure of our partner Algorand to build our network NFT structure.


Infrastructure
Doconchain network built on a blockchain infrastructure enables users to connect and communicate but also to do a lot more from sharing and signing tamper-proof e-documents to exchanging things of values while maintaining full control of data. Blockchain itself provides the technology to facilitate the exchange, ownership and trust in the network, but it is in the tokenization of things of value that the web3.0 and NFT can be essential.

Network and Token Management
Doktok will adopt a DAO management (Decentralized Autonomous Organization) with 3 tiers of voters who will participate to the governance of the network: The holders of a DOC premium Plan (that can be exclusively accessed with DOK tokens) for 1/3 of the votes, the Doconchain management team, who also manages Doktok for 1/3 of the votes and the DOK token holders also for 1/3 of the votes.

Roadmap
Our roadmap is based on 4 phases: Early stage, Community stage, Token sale step and Growth stage. As of the moment, we are in the community stage and we expect to launch the token sale in Q4 2021. See Roadmap in our whitepaper.


Products and Solutions
- DOC Paperless: A suite of services, allows entrepreneurs and freelancers to prepare documents from agreements and licenses to forms and bills (with DOC Collaboration tools), e-sign or approve them (with DOC Sign, a new generation of digital signature NFT managed), secure them before storage (with the DOC Storage layer using a DFS solution) share tamper-proof versions, track and verify them (with DOC Passport which provide an immutable audit trail blockchain managed and an access to verifiable elements).

- DOC Copyright: A suite of services offers creators, artists and the ‘Crypto NFT’ community, an online solution blockchain managed to register original works, evidences and rights (the copyright NFT) on an immutable and incorruptible digital ledger with timestamps while using NFT technology to transfer the right, manage licenses and tokenize IPs.
The primary goal for the users is to have access in real time to trustable timestamped evidences and original work to protect original works in case of infringement while having solutions to manage, monetize, tokenize and sell works while transferring ©NFTs to buyers.

- The 2 products above are the first elements of a DOC Gig solution that will be released at the end of 2021. DOC Gig, is an end to end solution, actually in development, that allows creators and service providers to monetize their offers, getting 95% of the proceed using the DOK token that can be easily converted in local currencies or hold to benefit from staking yield. DOC Gig will also integrate a scholarship system

We also expect the community to provide more solutions, expertise and valuable content while being remunerate by the token economy.

- The DOC Rewards Program (DRP): This is the heart of the Network and it is fueled by the association of DOC credit (a stable coin pegged to the USD) and DOK token. The DRP is based on a ‘contribute-to-earn’ model adapted from the famous ‘play-to-earn’ model used in blockchain gaming.
The program allows people (crypto fans and no yet crypto savvy) to contribute in different ways to earn DOC credits (that can be converted in DOK token) and DOK tokens.
The program invites contributors to participate to different tasks such as:
. Promote the network and help it grow;
. Support, protect (tracking IP infringement) and promote creators, artists and sustainable entrepreneurs;
. Provide value to the network by contributing to new services, features and solutions offering;
. Support the DOK token.




Token Supply Information


Token supply Maximum amount:
1 billion DOK tokens

Token Sales Mechanics:
Private Sale, Initial Public Sale on SushiSwap, Sale on Doconchain, Later sale on other platforms

Lock up:
- Will be fully detailed in the token purchase terms document
- Buyers from the public sale will have no lock up but if they hold 15,000 tokens or more, they will be allowed to sell up to 5% of their wallet per week during the first 3 months.
- Holders with a wallet representing 0.0001% of the total supply or more, will be allowed to sell up to 10% of their wallet per week after the 3 month period mentioned above and for the first year.
- For the other token recipients, after 1 month lock up, they will be allowed to sell up to 2.5% of their wallets per week during the following 5 months and up to 5% per week for the next 6 months.



Jump to: