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Paraverse White Paper
  • Paraverse: A Decentralized Operating and Trading Platform for 3D Digital Assets
  • Digital Parallel World
    • What is the "Digital Parallel World"?
    • Enabling Seamless Interaction with the Digital Parallel World
  • The Pain Points and Technical Challenges
    • The Pain Points and Technical Challenges
  • Paraverse Product Solutions
    • Paraverse Product Architecture Design
    • Operational System for the 3D Digital Parallel World — ParaLab
    • 3D Digital Parallel World Asset Utilization and Circulation System — ParaHere
    • Decentralized Distributed Rendering Network — Lark Network
    • Product Features
  • User Group Demand Analysis and Economic Ecosystem
    • User Group Demand Analysis
    • Paraverse Economic Ecosystem
      • User Payment System
      • Ecological Growth Strategy
      • Dynamic Analysis of PVS Token Market Capitalization Growth
  • Paraverse Core Technologies and Capabilities
    • Visual Computing GPU Resource Pooling
    • Cloud XR Network Transmission System
    • Distributed Validation Storage and Encrypted Operation of 3D Assets
    • Web3.0 combined anti-cheating mechanism for 3D applications
  • 3D Digital Asset Economic System Design
    • Token Design
      • Token Value Accumulation
      • Initial Token Distribution
      • Token circulation and stability
    • Incentive Mechanism
      • Rendering income
      • Validation Reward
      • Staking Rewards
    • Penalty Mechanism
  • Security and Privacy
    • Access Control and Authentication
    • Privacy Protection and Anonymity
    • Network Attack Prevention Measures
  • ParaDAO Community and Ecosystem
    • ParaDAO Community and Ecosystem
  • Ecosystem Development Roadmap
    • Ecosystem Development Roadmap
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  1. 3D Digital Asset Economic System Design
  2. Token Design

Token Value Accumulation

PreviousToken DesignNextInitial Token Distribution

Last updated 8 days ago

The price of Paraverse tokens is driven by two components: one is speculative, and the other is fundamental. Initially, the price of utility tokens is typically driven by speculation. Over time, as the rendering protocol matures and the usage of the Lark Network increases, the token value will transition to being driven by the utility and demand for the tokens. In other words, the fundamental value of the token is driven by the demand for protocol services and the value-capture mechanisms of the protocol. The ecosystem tokens primarily accumulate value through the following three mechanisms, including but not limited to:

  1. Governance Mechanism

    1. On-Chain Governance: Grants ParaDAO community participants, specifically token holders, the power to create proposals (PIPs) and participate in voting.

    2. Voting Delegation: Allows token holders to delegate their voting rights to another ParaDAO community participant.

    3. Ongoing Governance: Incentivizes PAR token holders to keep their tokens staked to ensure long-term benefits for the governance protocol and avoid speculative behaviors.

  2. Staking Mechanism

    1. Consensus Mechanism Staking (Proof-of-Stake, PoS): Requires miners to stake tokens as network validators. After staking, miners have the opportunity to create new blocks and receive staking rewards.

    2. Staking-for-Access (SFA) Model: Requires miners to stake tokens as network service providers to execute rendering tasks, access services within the Lark Network, and receive staking rewards.

    3. Token Storage Staking: Encourages PAR token holders to lock their tokens in specific staking contracts to earn rewards or benefits.

  3. Profit Distribution Mechanism

    1. Direct Revenue Distribution Model: The protocol will distribute rendering and validation earnings to token holders who have staked their tokens.

    2. Ecosystem Model: A portion of the generated revenue will be distributed to the ecosystem of the network protocol, with allocations based on different purposes.

These mechanisms help accumulate token value by locking tokens and incentivizing users to hold tokens in exchange for rewards or voting rights, thereby increasing the duration of token holding. The token value is also influenced by several important factors, including token supply, inflation, and deflation.