Tokenomics framework

Unlike other blockchain networks, Openverse introduces the capabilities of Bitcurrency and Privcurrency, resulting in the following hierarchical asset structure:

BitGold (metaphorically referred to as real estate)As the global asset master currency, Bitgold's role is to produce bitcoins, currency securities, universal tokens, spatiotemporal tokens, etc. through collateral, serving as the underlying layer of these digital assets. It is similar to real estate built on land and can be borrowed from banks; It is also like the Gold standard assets of early money.

Bitcurrency (similar to money)Bitcurrency is a category consisting of over 200 currencies worldwide, including USD/EUR/JPY/GBP. In the openverse ecosystem, we call it "constant currency", which has the same positioning as Fiat money. Bitcurrency is minted by mortgaging Bitgold onto the chain, and everyone can participate in this minting activity and use it as a token in daily life.

Privcurrency (similar to accepting money from a company)Private domain currency, also known as corporate currency, is a cryptocurrency that is independently issued, accepted, and used by private domain users by enterprises or individuals, and its price is relatively stable. Private currency also has a deposit (Bitgold, 15% margin).

BitSecurity (similar to securities)Bitsecurity is also a category where various banks, securities institutions, and enterprises can issue corresponding Bitsecurity by using Bitgold as collateral, which will be managed by national institutions. Bitsecurity includes stock securities, currency securities, etc.

General tokens (similar to integral)Tokens, also known as XRC20 tokens, have a wide range of uses and can replace any digital asset with separable value.

NFT (similar to digital certificates)It is an inseparable value chain, which can be simply understood as a digital certificate that can be widely applied in fields such as copyright and real estate.