📚SmarttCollectors Flow-Chart
Our main structure in a visual way
Decentralized Community Flow Chart:
By organizing the mechanisms and tasks in the most efficient and effective way, we created what is called Flow Chart for all the token holders to understand in a visual a simple way how the whole SmarttCollectors Community Initial proposal is shaped (until pending and/or future votings for Structure or Liquidity).
In the above Flow Chart, you’ll find three macro groups corresponding each of them to the 3 components named above. Within each of this groups, you’ll see the parts of the components named and labeled with different colors and/or shapes on the left, and its properties and correlation detailed on the right.
The colors are a useful and fast understanding way of relating the components and parts among themselves, in a way that without a starting order of reading you’ll be able to understand how are these 3 components acting and interacting.
The components of the Flow Chart explained
The general structure of the Flow Chart goes aroung 3 main points:
1- Members
2- Objects
3- Mechanisms & Smart Contracts
The Structure represent the tools and terrains in which the Community of SmarttCollectors will grow and interact.
Members:
There’s a difference between members within an active existence for the community and members with a passive existence.
From a starting point, there will only be two types of members, those who stake (active members) and those who do not (passive members) as this is the proposed way of measuring and tagging the level and depth of commitment with the development of the Decentralized Community; which can be seen in the time and amount of staked tokens.
This can be achieved depending the time and amount of hSmartt-Tokens (Holded Smartt-Tokens)
From other hand, in an assignment format, there will exist Admins for proposals; office that can only be occupied by members of the community with a significant commitment to the project, expressed by the amount of hSmartt-Tokens.
This way, we will ensure a democratic system in which the token holders as members of the community, will vote in order to promote a member to become an Admin of the proposals and the votings. This is why the number of members that you can see in the Flow Chart is of 4, being 3 of them active members via Holding.
The possibility of choosing admin will be annual, except for the first year that the admins will be appointed a priori by the executors of the first phase of the project, to carry out the construction of the model during the first year of exercise of the community.
Objects
Objects are defined as the tools or elements that the SmarttCollectors will use in order to interact with the platform and from it. Among the main objects up to date, we can name Mineral NFT's, Smartt-Token, hSmartt-Token, Vaults and DApp. The Smartt-Token, which will be the token of the SmarttCollectorsCommunity, has its own properties: will be distributed in a Swap Mechanism (which can be seen in the Mechanisms Group) and will grant access to the SmarttCollectors Platform, the quality of Members of SmarttCollectors, and the capability to be an active member for Proposals and Votings.
Via this token, SmarttCollectors will officially become a Decentralized Community running on with all the needed assets for its mission. The Liquidity Vault is directly related to the Treasure Mechanism and are the fundamentals of the growth of the community by using its liquidity in order to achieve the Collection Ending as its final stage.
DApp: As the main space for the community to develop and interact, we have the DApp as Smart Collectors DApp. It's being developed using the technology of the Binance Smart Chain, as a platform to enable Smart Collectors to access the community in a simple and agile way.
The 1st version will support:
1- DApp development with connection to 2 Blockchain networks,
2- Connection via Web 3.0,
3- Swapping of SMARTT-Tokens between 2 networks (Bridge),
4- Creation of SMARTT-Tokens and hSMARTT-Tokens by using Holding Mechanism,
5- Proposal and Votings Mechanisms.
Mechanisms
These are the attributes and characteristics that will be applied automatically to the contracts that include the new token. The Mechanisms and Smart Contracts are the set of processes that are activated according to the rules established in the smart contracts to execute the activities of the community.
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