Sponsored
Agoras, the currency of Tau is called. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what the software does for them and how it evolves at any scale.
A Worldview is your Tau profile. It holds all your thoughts and knowledge. The consensus of everyone’s Worldviews will define the next version of Tau, bringing you the ability to create a new digital universe that you all control. Agoras will reflect the innovation and user control.
It is run by cryptocurrency users
Agoras will be the currency that represents the total value of all you want to buy or sell over the Tau network. This includes global knowledge and computer resources. You can participate in Tau discussions and update your Worldview by contributing to the discussion. Agoras tokenomics will become the first fully functioning cryptocurrency, allowing users to influence each aspect.
Agoras are versatile in their utility
Agoras’ power lies in the Tau economy’s ever-expanding assets. As you will participate in discussions over Tau, your Worldview will instantly register and store every piece of personal knowledge you’ll share. This knowledge is yours to use and monetize. You will be able to sell it, rent it to other users, and trade it for other assets in Tau’s economy, allowing you to reuse your knowledge in multiple transactions for recurring automatic earnings.
Tau knowledge monetization is also much simpler than the current traditional ways of monetizing knowledge. Since Tau will understand that even a piece of your knowledge can be part of the solution to someone’s problem, it will allow you to automatically combine the knowledge of multiple users to create solutions to significant and complex problems. This will guarantee that the acquired knowledge matches buyer’s specifications 100%. Even though you may not be aware of the knowledge you possess, you could still gain from it. Tau can help you identify who has it and how to get it through your network.
Agoras is not just about selling your knowledge. You will also be able to make the resources sitting on your smartphone, laptop, and tablet such as a CPU, hard drive, GPU, and memory available to trade and rent for Agoras and other assets in Tau’s economy. While selling a fraction of your CPU in traditional markets might be nearly impossible, in Tau’s economy, your computer resources will become valuable because they will be combined with resources of billions of people, easily surpassing the power of all the servers of the biggest tech companies.
Agoras will not only provide knowledge, but also computer resources. A derivatives market will be available that offers financial instruments, such as options or futures, along with the unique opportunity to earn risk-free interest, without inflation, in Agoras’ token supply.
Automated tailor-made deals
The network’s ability to capture your personality will greatly improve deal-making as well. Tau will be able automatically to represent you and work according to your Worldview. It takes into account all your beliefs, values and wishes. Autonomous Representation is a feature that allows you to intelligently and automatically bargain with your Agoras and computer resources.
Tau makes it easy to obtain your preferred deal. Simply tell Tau the outcome you are looking for and Tau will immediately create a deal to exchange goods. The platform’s revolutionary Logic AI engine will also automatically and autonomously handle every transaction involved.
Consider your needs
Transaction fees, consensus mechanisms, supply minting or burning, token-based voting mechanisms, and creative incentives for all users – everything in Tau’s economy can be invented, proposed, and reorganized by simply talking about what you would like it to be.
Your opinion on how the world’s economy should function is in constant change, and as such, Agoras will ensure that its economics account for your Worldview, evolving with your wants and needs.
Find out more Agoras & Tau
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