Padia
Budget: $250 – $750 USD
I want to create a decentralized app based on block chain that combines the feature of Whatsapp and Telegram.
Taking the best features of Telegram and Best Features of Whatsapp and make Padia app on block chain and decentralized, it is automated like bitcoin, owned by no one.
It must have a token, the token amount should be a quivalent to the US Dollar in Circulation or Usdt.
Evey time a text is send on the platform, it reduces supply of token by the percentage send and that percent in reduction is added to the value of the token until the reduction is equivalent to the usa economy previous years inflation.
The token value is always increasing due to the many text messages send, a maximum yearly increase is equivalent to the previous years inflation.
The amount of token in supply is depended on the amount of usdt staked. When you stake Usd 1000, an equivalent of 1000 pedia token is created.
Value of token.
E.g. if usd in circulation is 5 trillion and 1% of 5 trillion in sms is send on the platform, then the value of 1 pedia token will increase by 1% until it reaches previous years inflation of 6%.
Next year year usd value will be 1.06 and if the previous years inflation is reached, that willl be the new value. It will go on and on. It is a hedge agaist inflation but people need to use the app and stake money. If no money is staked, the supply will be less.
After 10 years, the value of usd will have increased by the percentage of sms send with a maxium of previous years total inflation.
Sms is for people to send apps so people can join sms more to attain the previous years inflation. The staking is production or minting of money. Inflation equivalent % increases is to hedge against inflation so that the dollar never loses value.
The founders will get fees every time when there is a trade and a DAO willl be identified to work on improvements and get fees also. The DAO must be created to govern it, share DAO fees.etc.
Taking the best features of Telegram and Best Features of Whatsapp and make Padia app on block chain and decentralized, it is automated like bitcoin, owned by no one.
It must have a token, the token amount should be a quivalent to the US Dollar in Circulation or Usdt.
Evey time a text is send on the platform, it reduces supply of token by the percentage send and that percent in reduction is added to the value of the token until the reduction is equivalent to the usa economy previous years inflation.
The token value is always increasing due to the many text messages send, a maximum yearly increase is equivalent to the previous years inflation.
The amount of token in supply is depended on the amount of usdt staked. When you stake Usd 1000, an equivalent of 1000 pedia token is created.
Value of token.
E.g. if usd in circulation is 5 trillion and 1% of 5 trillion in sms is send on the platform, then the value of 1 pedia token will increase by 1% until it reaches previous years inflation of 6%.
Next year year usd value will be 1.06 and if the previous years inflation is reached, that willl be the new value. It will go on and on. It is a hedge agaist inflation but people need to use the app and stake money. If no money is staked, the supply will be less.
After 10 years, the value of usd will have increased by the percentage of sms send with a maxium of previous years total inflation.
Sms is for people to send apps so people can join sms more to attain the previous years inflation. The staking is production or minting of money. Inflation equivalent % increases is to hedge against inflation so that the dollar never loses value.
The founders will get fees every time when there is a trade and a DAO willl be identified to work on improvements and get fees also. The DAO must be created to govern it, share DAO fees.etc.