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Blockchain technology has the potential to revolutionize the online content industry by providing a decentralized framework that ensures content ownership and authenticity. Through the implementation of blockchain, content creators can have greater control over their work, ensuring that their intellectual property rights are protected and that they receive fair compensation for their contributions. Additionally, users can be confident that the content they consume is legitimate and has not been tampered with, fostering a more transparent and trustworthy digital content ecosystem.
One of the key needs addressed by blockchain in the online content business is the facilitation of seamless and efficient monetization strategies, particularly through the use of micropayments. With blockchain technology, content creators can explore various monetization models, enabling them to receive direct payments from their audience without the need for intermediaries. This empowers creators to establish direct relationships with their supporters, leading to increased revenue opportunities and a more sustainable content creation environment.
Blockchain can serve as a powerful tool for ensuring the immutability and verification of online content, mitigating issues such as plagiarism and content manipulation. By leveraging blockchain's cryptographic hash functions and distributed ledger capabilities, online platforms can implement robust systems that authenticate the originality and integrity of digital content. This not only fosters a culture of authenticity but also instills greater trust among users, encouraging engagement and participation within the online content ecosystem.
Blockchain's capabilities extend to fostering a more engaged and participatory online content community through the implementation of reward systems and incentivization mechanisms. By integrating token-based economies and decentralized governance models, content platforms can encourage active user participation and contribution. Through these community-driven initiatives, users can be incentivized to create high-quality content, participate in content curation, and engage in meaningful interactions, ultimately fostering a vibrant and sustainable online content ecosystem.
REALBITS means REALlize your idea in BITS.
Welcome to REALBITS.
The company has built and provides several services that utilize AI-generative technology and Web3 functionality.
With the Fictures service, users can draw images using prompts and publish NFTs. Users can chat with an AI avatar through the Avame service. With smart contract, all token payment will be distributed to NFT owner and other related parties transparently.
Any company or programmers who want to develop services can use Realbits' free source code.
Realbits open source is in https://github.com/realbits-lab
Service overview
Introduction to Hyperstructures:
We are building the innovative concept of Hyperstructures, a groundbreaking mental model enabled by crypto protocols, providing the framework for unprecedented possibilities within this space. The piece emphasizes the significance of Hyperstructures as the building blocks of the internet for the foreseeable future.
We are providing the core attributes of Hyperstructures, defining them as crypto protocols capable of perpetual, intermediary-free operation. We introduce the fundamental aspects of Hyperstructures that establish their uniqueness and potential within the blockchain ecosystem.
Understanding Unstoppability and Freedom:
The notion of unstoppable and perpetual operation distinguishes Hyperstructures from traditional infrastructure models, highlighting their self-sustaining and maintenance-free nature. This enables them to function independently, free from human intervention, for prolonged periods, marking a significant departure from existing operational structures.
Another critical characteristic of Hyperstructures is their cost-free operational aspect, ensuring that they run at gas cost, making them freely accessible to users. Despite operational costs, the absence of additional fees allows these structures to remain perpetually accessible without a barrier to entry, leading to a potentially transformative value proposition.
Importance of Permissionlessness and Credible Neutrality:
The concept of permissionlessness ensures universal access to Hyperstructures, allowing users to leverage their capabilities without facing discriminatory or exclusionary practices. This feature emphasizes the absence of restrictions and barriers to entry, providing an open platform for diverse participation.
The notion of credible neutrality underscores the fair and equitable treatment of all participants within the ecosystem, showcasing the system's ability to provide equal opportunities and benefits to all stakeholders. We emphasize the importance of maintaining a balanced and unbiased approach to accommodate the diverse needs and capabilities of users within the ecosystem.
Promoting a Positive-Sum Environment and Societal Infrastructure:
Hyperstructures inherently promote a positive-sum environment, encouraging collaborative participation and shared benefits among participants. This dynamic facilitates the creation of a mutually beneficial ecosystem, enabling participants to contribute and benefit from the collective value generated within the system.
Recognizing the potential of Hyperstructures to serve as long-term societal infrastructure, we emphasize the need to approach their development with a long-term perspective, leveraging their enduring and immutable nature to create a sustainable and accessible digital legacy. The essay highlights the significance of building Hyperstructures that transcend individual lifetimes, potentially serving as foundational infrastructure for future generations.
Fictures
Rewarding those who contribute benefits the network's growth and aligns incentives with users.
It's crucial to note that rewarding contributors is a vital aspect of successful tokenomics, as it links the contributors' success with that of the users and the protocol.
A crucial difference between good and bad tokenomics lies in how the token enhances the product. If the token doesn't significantly improve the product beyond fundraising, it's a sign of poor design.
Ethereum's tokenomics improve its core distributed computing capability, enabling secure processing of economic contracts that wouldn't be feasible otherwise.
Maker DAO and Curve benefit from their tokens by fostering community engagement and aligning incentives, thereby enhancing their respective products.
In each case, the presence of tokens enhances the product. While the product could exist without the token, it becomes stronger because of its inclusion.
Tokens should benefit holders instead of solely extracting value from them, avoiding a "ponzinomics" approach. These benefits can include utility or social advantages, not just monetary gains.
Various protocols utilize strategies such as staking, locking, slashing, and escrowing to reduce the velocity of money, although a slower velocity might not always be advantageous.
Explicitly incorporating a mechanism that directly benefits token holders should be an integral part of the design process.
Bitcoin lacks direct means to force miners to increase hash power. Instead, it incentivizes them with block rewards and transaction fees, crucial for network robustness and security.
Curve doesn't mandate liquidity contribution, but entices users with CRV token rewards, effectively fostering a vibrant decentralized exchange ecosystem.
Crafting well-calibrated incentives is a multifaceted task, often requiring a systematic approach encompassing quantitative modeling and stochastic simulations.
For blockchain developers, the intricacies of tokenomics are crucial, serving as a fundamental toolkit for shaping and guiding user actions.
Their significance lies not only in driving desired user behaviors but equally in deterring unwanted actions.
The bootstrapping problem is a challenge for all marketplace businesses, particularly for new products trying to compete with established industry giants.
Blockchain products also face this issue, given their n-sided marketplace business model, with network effects becoming crucial for sustained profitability.
Launching a decentralized product without a token can make it challenging to overcome the bootstrapping effect, while effective tokenomics can significantly enhance network effects, boosting long-term success and resilience against competitors.
Traditional tech products often begin by offering free services to users, later monetizing these services for the benefit of private shareholders, although this approach has its drawbacks.
Tokens, as a new form of digital ownership, facilitate community-owned networks and organizations, ensuring that users and contributors, rather than private shareholders, reap the benefits of a product's monetization.
Blockchain products tend to adopt more cooperative business models with their communities compared to traditional privately owned businesses.
Unlike in traditional companies where users, owners, and executives are separate entities, blockchain allows users to own, govern, and contribute to products and organizations in unprecedented ways.
While decentralized governance poses its own challenges, token-based ownership is a fundamental requirement for genuinely decentralized applications such as network states, DAOs, and user-owned protocols.
Tokenomics refers to the specific rules and parameters designed to encourage a community to reach a consensus and add new transactions to the ledger.
Tokenomics includes both monetary and governance rules that guide user behavior toward a shared objective, even when individual goals might differ.
It's essential for builders to prioritize solving a problem or creating a solid product before focusing on the token and its mechanics. Many make the mistake of assuming a token alone can solve all issues, designing their product around the token launch rather than the other way around.Understanding Tokenomics and Product Development
Content creators often face challenges related to content ownership, including copyright infringement and lack of fair compensation for their work.
Without our platform, content creators might rely on traditional copyright systems, which can be slow, expensive, and prone to disputes.
Our blockchain-based platform enables content creators to securely register their work, ensuring immutable proof of ownership and facilitating transparent royalty distribution.
Through the platform, content creators can connect with a larger audience, leading to increased exposure and potential collaborations with other creators and industry professionals.
The platform's token incentivizes content creators by rewarding them for producing high-quality content, engaging with their audience, and participating in platform governance, thereby strengthening the network's content diversity and user engagement.
Holding the platform's token grants content creators voting rights on platform decisions, and access to exclusive features, fostering a sense of ownership and active participation within the community.
Value Created
Our services offer content consumers a diverse range of high-quality, authenticated content, fostering a trustworthy and engaging digital content experience.
The platform captures value from content consumers through subscription fees, pay-per-view models, and targeted advertising, ensuring a sustainable revenue stream for the platform's operations.
Content consumers might experience friction related to payment processing, content authenticity concerns, and intrusive advertising, which can diminish the overall user experience.
A portion of the platform's revenue is allocated to a token-based reward pool, enabling token holders to participate in governance decisions, access exclusive content, and receive incentives for active engagement, thereby fostering a stronger and more committed user community.
Our token incentive program is tailored for contributors, including token holders, NFT owners, market owners, and service owners, distributing 0.6% of the total token supply every 5 weeks based on their respective balance rates. NFT owners contribute to the project by reducing token liquidity through holdings in the market balance wallet, earning market balance through NFT rentals. Market owners also support the project by holding tokens in the market balance wallet, receiving market balance through rent market fees. Similarly, service owners contribute by maintaining token liquidity in the market balance wallet, earning market balance from rent market fees. The contribution value is assessed based on the holding token amount at the market balance, while the reward process is managed through a vesting program facilitated by the rewardToken and rewardTokenShare contracts, ultimately benefiting the project's rentMarket contract and its market balance wallet.
Distribute 6 million (0.6% / 5 weeks) token to these 3 contributors as their each balance rate.
NFT owners
They contribute the project because they lower token liquidity by holding tokens in market balance wallet.
They earn market balance by letting their NFT rented by renter.
CV (Contribution Value) : The holding token amount at market balance.
Market owners
They contribute the project because they lower token liquidity by holding tokens in market balance wallet.
They earn market balance by getting rent market fee.
CV (Contribution Value) : The holding token amount at market balance.
Service owners
They contribute the project because they lower token liquidity by holding tokens in market balance wallet.
They earn market balance by getting rent market fee.
CV (Contribution Value) : The holding token amount at market balance.
The total token supply is 1 billion, with a vesting scheme extending over 250 weeks, equivalent to roughly 5 years. The vesting process applies to the content team (20%), technology team (20%), and contributors (30%), each with 50 release intervals occurring every 5 weeks. For each release interval, a specific percentage of tokens is allocated: 0.4% for both the content and technology teams (4 million tokens each) and 0.6% for the community (6 million tokens). These tokens are gradually transferred to the respective team accounts or the rent market contract, ensuring a steady and controlled distribution of tokens over the 5-year period. The aim of this measured approach is to support the long-term commitment and engagement of the content and technology teams while fostering a strong and sustainable community ecosystem.
Vesting (content team - 20%, technology team - 20%, contributors-30% in 250 weeks, about 5 years)
Frequency
Total release count : 50 (about 1 release / 5 weeks)
Content Team : 20% in about 5 years → 50 frequency for 250 weeks
4 million - 0.4% / 5 weeks rate (minimum frequency is 5 weeks)
Transfer vesting token to the content team account
Technology Team : 20% in about 5 years → 50 frequency for 250 weeks
4 million - 0.4% / 5 weeks rate (minimum frequency is 5 weeks)
Transfer vesting token to the technology team account
Community : 30% in about 5 years → 50 frequency for 250 weeks
6 million - 0.6% / 5 weeks rate (minimum frequency is 5 weeks)
Transfer vesting token to the rent market contract
This function will return all registered NFT data.
Response (array)
nftAddress (address)
tokenId (uint256)
rentFee (uint256)
feeTokenAddress (address)
rentFeeByToken (uint256)
rentDuration (uint256)
This function will register a NFT data by nftAddress and tokenId.
Parameter
nftAddress (address)
tokenId (uint256)
Response
success (bool)
This function will return a searched NFT data by nftAddress and tokenId.
Parameter
nftAddress (address)
tokenId (uint256)
Response
nftAddress (address)
tokenId (uint256)
rentFee (uint256)
feeTokenAddress (address)
rentFeeByToken (uint256)
rentDuration (uint256)
Image NFT gallery service
User can draw image using prompt with generative AI technology. User can mint NFT with the image.
User can generate and draw images with prompt text. Then, if desired, the image can be published as NFT with encrypted prompt data.
Whether minting is done or not, if user select to post image, image will be posted on service site. A minting image would not display the prompt to the user.
When the user wants to see the prompt, user would have to pay a token and see the prompt for a limited time (perhaps one day). When prompt duration ends, prompt fee will be shared with NFT owner, service owner, and market owner by smart contract.
Talk to AI avatar
Users can select avatar character and have a dialogue.
NFT token name
NFT symbol
NFT token description
NFT token snapshot image for market display
Attribute for avatar chatting or metaverse service
This glb file will be used for avatar display
Attribute for avatar chatting or metaverse service
This vrm file will be used for showing avatar
Attribute for general purpose
Attribute for general purpose
Avatar NFT
Dulls is a NFT project with a 3D avatar model. Dulls has an image and a VRM 3D model in its metadata. Users or services can use that 3D file as content. For example, an avatar chat service can utilize NFT as an avatar model. The VRM model is used as a character in online games services. For various kinds of avatar models, Dulls assembles parts of a blender file into one VRM model. For long-term compatibility, more 3D formats will be added to Dulls NFT and other metadata will be updated consistently.
NFT rent market
We provide NFT rent market smart contract. This contract deal with a NFT rental process.
This contract has three kinds of properties inside.
Collection (test market)
Service (test market)
Token (test market)
Collection is a NFT group which registered to rent market smart contract. User can use rent service with this smart contract only after user registers NFT to rent market contract.
Service is a service owner address list. Service owner can receive incentive or fee from rent market smart contract only after registering to rent market contract.
Token is a token smart contract which can be used for service. User can pay or rent NFT with this token. Only registered token can be used.
NFT rent market
Rent market enables users to rent NFT in some duration. User can access privileged function in service with the rented NFT. NFT owner also can use privileged function in service.
Rent market is an online service for managing and monitoring a market status as well as renting NFT. Users can manage the rent value of NFT, such as fee or duration. Users can also track their current renting status - for example, who is renting NFT and how much renting fee is in their account balance.
rentNFT function will rent a NFT by nftAddress, tokenId, and serviceAddress.
Parameter
nftAddress (address)
tokenId (uint256)
serviceAddress (address)
Return
success (bool)
rentNFTByToken function will rent a NFT by nftAddress, tokenId, and serviceAddress with token.
Parameter
nftAddress (address)
tokenId (uint256)
serviceAddress (address)
deadline (uint256)
v (uint8)
r (byte)
s (byte)
This function will return rent NFT data by nftAddress and tokenId.
Response
nftAddress (address)
tokenId (uint256)
rentFee (uint256)
feeTokenAddress (address)
rentFeeByToken (uint256)
isRentByToken (bool)
rentDuration (uint256)
renterAddress (address)
renteeAddress (address)
serviceAddress (address)
rentStartTimestamp (uint256)
This function will return all rent NFT data.
Response (array)
nftAddress (address)
tokenId (uint256)
rentFee (uint256)
feeTokenAddress (address)
rentFeeByToken (uint256)
isRentByToken (bool)
rentDuration (uint256)
renterAddress (address)
renteeAddress (address)
serviceAddress (address)
rentStartTimestamp (uint256)
Mint a new NFT with an auto-incremented token ID. NFT will be transferred to the input parameter address.
Parameter
to_ (address)
Blockchain WEB3 JavaScript (TypeScript) library
JavaScript (TypeScript) package library for blockchain
React main libraries.
Hook for accessing account data and connection status.
Hook for fetching balance information for Ethereum or ERC-20 tokens.
Hook for connecting to account with connectors.
Hook for calling a read method on a Contract.
Hook for calling a write method on a Contract.
Hook for accessing network data, such as current connected chain and connector chains.
Hook for declaratively waiting until transaction is processed. Pairs well with [useContractWrite](<https://wagmi.sh/react/hooks/useContractWrite>)
and [useSendTransaction](<https://wagmi.sh/react/hooks/useSendTransaction>)
.
Non-Fungible Token based ERC-721 interface
We have 3 kinds of NFT.
rentNFT is a general NFT smart contract. Most of NFT can use this open source.
promptNFT is a specialized NFT only for image gallery service. This not only supports ERC-721 interface, but also provides a encryption and decryption of prompt data.
paymentNFT is for service payment usage. This is based on rentNFT smart contract. Only different part is smart contract name.
Developer can write the code which can connect wallet with web3 library such as wagmi.
You can test the example code in the web front end.
All registered NFT metadata is stored in rent market smart contract.
Developer can write the code which can fetch them from rent market smart contract with web3 library such as wagmi.
You can test the example code.
Developer can write the code which can mint NFT from nft smart contract with web3 library such as wagmi.
You can test the example code in the web front end.
You can test the example code in the web back end.
All rented NFT metadata is stored in rent market smart contract.
Developer can write the code which can fetch one of them from rent market smart contract with web3 library such as wagmi.
You can test the example code in front-end.
You can test the example code in back-end.
All rented NFT metadata is stored in rent market smart contract.
Developer can write the code which can fetch them from rent market smart contract with web3 library such as wagmi.
You can test the front-end sample code.
You can test the back-end sample code.
User can rent NFT using base coin.
Developer can write the code which can let user rent NFT using base coin with web3 library such as wagmi.
You can test the example code.
User can rent NFT using ERC20 token.
Developer can write the code which can let user rent NFT using ERC20 token with web3 library such as wagmi.
You can test the example code.
User can change the registered NFT metadata of which owner is the user.
Developer can write the code which can change the registered NFT metadata from rent market smart contract with web3 library such as wagmi.
You can test the example code.
NFT metadata is stored in cloud storage like AWS S3 or a distributed storage like IPFS.
It is written by the JSON format and each NFT owners can define their own key and value.
Because, NFT standard ERC-721 do not support the metadata storage (it has only metadata URL), programmer has to fetch each metadata through that URL.
In order to solve this problem, many services provides way to fetch all metadata for each NFT collection.
Here, we will show two kinds of sample code. One is for direct fetch way using metadata URL, but this is very slow and not easy way. The other one is way using Alchemy API, and this is very effective to fetch NFT metadata for programmer.
You can test a sample code for a direct fetching way for front-end.
You can test a sample code for a Alchemy fetching way for front-end.
You can test a sample code for a Alchemy fetching way for back-end.
The NFT token owner (NO) mints an NFT and registers it within the NFT contract (N).
The user (U) initiates the process by renting the NFT from the market contract (M), leading to the settlement of the NFT within the market contract.
Following the rental, the market contract (M) distributes the rent fee to the NFT token owner (NO), the market owner (MO), and the service owner (SO) as part of the fee-sharing process.