Issue 2

KeyMesh’s Token economy

The KeyMesh team is actively researching the KMH token economy, and what follows is a preliminary proposal.

In the KeyMesh economy, a social endorsement would be represented as a non-fungible token (ERC721) endowed with fungible KMH tokens.

We call the non-fungible token a trust certificate, and the KMH tokens locked in the certificate is the trust endowment, which signals the strength of the social endorsement.

Recent Activities

◢ Development

• Users now can bind their github id and weibo account as their social identities.

• KeyMesh team is now analyzing all the airdropped account.

• We’re now testing anti-bot rules to assure that the airdrop mechanism is not abused.

◢ Community

• KeyMesh is working on the first version of its token economy；

• KeyMesh intends to distribute additional KMH as a reward to users who have made outstanding contributions to the community. This part of KMH will be issued directly by the administrator as an incentive reward for the community.

• KeyMesh is preparing for airdrop intended for English users.