The Future of SocialFi and DeFi - MELEK

[VanKushFamily.com]

I will Start this by Pointing to Past Discussions on this Forum that we have had about this Concept here:
https://bitcointalk.org/index.php?topic=5296168.0

It was in that Thread where the #VanKushFamily Conceptualized “PIZZA Coin” before the HIVE-Engine “PIZZA Token” was Conceptualized. It is likely they got the Idea from that Thread.

So what I want to get into here is the Tokenomics behind http://melek.salon and http://soapbox.community, and there is so much going on that I may miss some Things, but this will kind of be a Discussion and Announcement Thread, so I can get to Things later.

So First,
http://kula.money which is on the TestNet also at http://alpha.kula.money, just like MELEK has the http://alpha.melek.salon TestNet, all of those are for People to Build Tokens and Apps on for Testing. And Kula.money is going to be our Internal DEX (Compare to HIVE-Engine) except that KULA will be on PRANA.

So,
MELEK is our SocialFi Chain, and we are kind of the First to do this Right, if anyone knows of Other REAL SocialFi Examples, do Share them. But the STEEM/HIVE/BLURT SocialFi Concept is the Only Real Implementation and it has never been Talked about as such very Directly. So MELEK is SocialFi, and we do have the Smart Media Token stuff Built. Much of what I am about to Discuss does Exist at the Time of Writing, but Only on the TestNet, it will be Moved over to the MainNet mostly over the next Month.

PRANA is an ETH Chain Clone, so MELEK is like STEEM/BLURT/HIVE, PRANA is like ETH/EXP, and we are going to make it like a Game and AI Hosting Chain, so like GridCoin but doing AI Work, and then like WAX where People can Make/Buy/Sell Things, and we will kind of use MELEK to Teach People how to do like Terracore on HIVE, and SplinterLands and Things, making NFTs, and we are going to make a System like GTArcade to Connect Games into a Token and NFT Sales System, where the NFTs are Game Items.

There will be a lot to all of that, but one of the First Implementations will be a Seed/Farm System, whereby You Buy Tokens that are Seeds, or Otherwise get them maybe in a Faucet or a Game, but it itself is like a Farming Game, and You Farm Plants, some are Seasonal, some take a Year, etc. then the Resulting Products then are NFTs that Plug into like Video Games and Social Games (like the Old Facebook Pass-a-Joint Game, etc). And then like PGL would be an Example, but like WAX Games.

KULA, the DEX, will be where Things are Traded. And it will be a DeFi AMM Type System, there will be a Lotto where People put in Coins for a Chance to Win KULA, there will be KULA Rewarded to PRANA Miners, and then to Mint a Token You need to Lock MELEK into the DeFi Locked Value System to Mint what is like HIVE’s “WorkerBEE” and it Mints You APIS, which is our BEE Token. This is the Gas for the PRANA Chain, APIS Pays PRANA Gas, to Mint Tokens and Things.

We will Create Peggy or Bridge Tokens for VKBT and CURE from HIVE-Engine, maybe through Polygon, and we will use MATIC Chain for some stuff later. But we will Create Trading Pairs on Kula.money for KULA/VKBT and KULA/CURE.

There are also a few Other Mechanisms in the DeFi System, such as a MELEK Overcollateralized Loan, which is something STEEM/HIVE/BLURT never have had.

Then we will Work on doing Silver for MELEK or another Token, and Eventually we will Launch and SEC Compliant Securities Chain with something like BTS OL UIAs, but Securities and like Stocks Basically, Certificates Representing Products.

There is a lot more, but I think this is Enough to get Everyone to Start seeing what’s going on.

[VanKushFamily.com]

Here is something that maybe does need to be known about.

So, SoapBox, the Map of the Website is at http://SoapBox.Community, and that Page is not Really the “Main Page”, we could say the “Main Page” is http://data.SoapBox.Community, and it has many Different aspects to it. There is that Main Data Page, which is like CoinMarketCap or CoinGecko or CoinPaprika or whatever, we have one of those Websites.

Then, when You Click the Coins, what we are doing is a little more Interactive, maybe kind of like what dAppsy was going to do, but so what we are doing is Creating a New kind of “Merit” System. And there is going to be a “Trust Rating” and a “Clarity Rating” but the “Trust Rating” is not going to be Called “Trust” because we are going to Preach Anti-Trust (Trust Busting) and Trustless Systems (no Need for Trust) and that could get Confusing when then Companies have a High “Trust” Rating, so we aren’t going to Call the “Trust Rating”, “Trust”. Then, when You Click on the Coins it gives You their Websites and Everything.

But we have http://stocks.SoapBox.Community also, and this is Stock Market Data. Then when You Click on the Stocks it gives You News and Other Info on the Companies, it then Connects to Politicians and Judges, and we have a Justia Type System, like CaseText, or like a Free Version of PACER is Basically what it is. And it tells You what Politicians and Judges are Invested in what Companies and Things. Then it also Helps You find where to like File Things when You have Problems, like what Agencies.

Then there is http://Abuck.SoapBox.Community which Helps You find Dollar Stores

And, http://credentials.SoapBox.Community which Helps You get like College Credit and Job Certifications and Things.

But so,
SoapBox, is Named after NutBox.io, like SoapBox is like what People Stand on to make a Point or whatever, and we are Starting an Economy Related to Soap, and that’s what TV was like “Soap Operas” Exist to Sell Soap, that’s what TV does. So SoapBox maybe makes more Sense than NutBox, and it is more Practical and has more Uses than NutBox, but we are also doing like an Automation System like WOX and Steem-Auto and Hive-Auto and all that, with a Delegate to Earn TRC20/ERC20 Type Tokens on our PRANA Chain, so maybe like PRC20, and that will be Called ALTI, those Tokens will.

And we will have Burn Mines. ALTI is kind of like UPVU from Steemit, like NutBox, like Tomoyan on BLURT, and we are going to also then have like Tokens that Mine by Burning Other Tokens and Things. And we will Create like Subscription and like PoS Type Systems through that Environment.