Synesis One
  • Abstract
    • Ontology | Definition
  • 1. Overview
  • 2. Ecosystem: Synesis One
    • 2.1 Intention
    • 2.2 Ecological Landscape of Data Monetization
    • 2.3 Shared Economy - Distribution of Value
    • 2.4 Sustainability Through Wealth Creation
  • 3. Ecological Flow Part 1: Ontology Mining
    • 3.1 Overview
    • 3.2 Architecture
    • 3.3 Ontology Miners: Architect, Builder, and Validator
    • 3.4 User Interface
    • 3.5 Gamification
      • 3.5.1 Ontology Mining: The Architect, Builder and Validator Scores
  • 4. Ecological Flow Part 2 : Provenance Registering
    • 4.1 Overview
    • 4.2 Architecture
    • 4.3 Process
    • 4.4 Plug-n-Play Modularity with AI Systems
    • 4.5 Solana
    • 4.6 Meta-Data Database
    • 4.7 Mind AI as the First Beneficiary and Consumer
  • 5. Ecological Flow Part 3: Primitive Indexing
    • 5.1 Overview
    • 5.2 Architecture
    • 5.3 Process
    • 5.4 The Metaplex NFT Standard
    • 5.5 Synesis Metaverse
    • 5.6 Synesis Relevance Index (SRI) and Synesis Relevance Index Score (SRIS)
    • 5.7 Kanon
      • 5.7.1 Inspiration
      • 5.7.2 The Design
      • 5.7.3 Collectable
      • 5.7.4 Social Currency of Community Participation and Stickiness
      • 5.7.5 Multi-Language Support
      • 5.7.6 Release Schedule
        • 5.7.6.1 Kanon Collection Epoch Event and Chronological Sequencing
      • 5.7.7 Partnership with Digital Artists
      • 5.7.8 Economics of Claimable Ownership Reward
      • 5.7.9 Recruiting Mechanism
  • 6. Ecological Flow Part 4: Primitive Monetizing
    • 6.1 Overview
    • 6.2 Architecture
    • 6.3 Atomic Split
    • 6.4 Collateral-based Asset Transmutation (CAT)
    • 6.5 Potential DeFi Applications
  • 7. Ecosystem Element 1: SynesisDAO
    • 7.1 Intents
    • 7.2 Constituencies
    • 7.3 Overall Economics
    • 7.4 Governance
  • 8. Ecosystem Element 2: Kanon Exchange
    • 8.1 Motivation
    • 8.2 Revenue Model
    • 8.3 Gamification
    • 8.4 Community Events
  • 9. Ecosystem Element 3: Rewards | Subject to Changes
    • 9.1 Overview
    • 9.2 Mining Rewards
      • 9.2.1 Mining Requirement
      • 9.2.2 Release Schedule
      • 9.2.3 Synesis One Mining Rewards Equations
        • 9.2.3.1 Dynamic Maximum Rewards for Participants
    • 9.3 Kanon Ownership Claimable Rewards
      • 9.3.1 Claimable Reward Requirement
      • 9.3.2 Claimable Reward Release Schedule
      • 9.3.3 Kanon Ownership Claimable Rewards Equations
  • 10. Ecosystem Element 4: Mind AI
  • 11. Ecosystem Element 5: Synesis Foundation
    • 11.1 Intention
    • 11.2 Ethics Board
    • 11.3 Key Value Proposition
  • 12. Anatomy of Dual Token Model
    • 12.1 Overview
    • 12.2 On Synesis ($SNS)
      • 12.2.1 Inflationary Measure | Subject to Changes
      • 12.2.2 Deflationary Measure | Subject to Changes
    • 12.3 On Kanon (KNN)
  • 13. Conclusion
    • Why?
  • References
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  1. 8. Ecosystem Element 2: Kanon Exchange

8.1 Motivation

Previous8. Ecosystem Element 2: Kanon ExchangeNext8.2 Revenue Model

Last updated 3 years ago

This section describes Kanon Exchange.

Kanon Exchange’s long-term vision is to become the NFT based data marketplace for the masses, not just for scientists and professionals.

Kanon, the data token for Synesis One, is much like a share of a REIT (Real Estate Investment Trust) except it’s purely digital and fun to collect. It is akin to a royalty-earning contract like the copyright of a book that appreciates in value over time. Therefore, Synesis One’s team considers data an asset class that deserves dedicated decentralized marketplace or exchange (DEX) for active trading. Kanon Exchange is the physical representation of that ideation and will evolve into a diversified NFT-based digital asset trading platform.

Initially, Kanon Exchange will be the native marketplace for Kanon in the Web3 environment. Kanon will also be available on other popular NFT marketplaces for trading, creating a robust secondary market. Correspondingly, Kanon Exchange will also trade other datatokens over time. All trades of Kanon on Kanon Exchange will incur a discounted trading fee collected by Synesis One’s treasury. The process of minting a Kanon is done via a Smart Contract during the Kanon Token Generation Event designed to distribute Kanon to the widest possible community of potential Kanon holders. A newly minted Kanon will be put into a mystery box with the 24-hour time lock so that its holder will not know the content until it’s fully unlocked for secondary trading.

Figure 24: Conceptual User Interface of Kanon Exchange V1.