Interactions and Outcomes

TAN: Production and Consumption Activities and Benefits

Developers and Stakers produce mobile apps and platform adoption respectively, earning fees.

TAN Production Activities: Introduction

The following section first describes the factors that encompass all aspects of the material, social, and institutional environment which set the context for the various actors and user groups to harvest TEL from Telcoin Application. We then provide a descriptive analysis of TEL harvesting levels across the various user groups, and propose evaluative criteria that could be used by to determine which outcomes the community would deem satisfactory.

Contextual Factors

  • Telcoin Application Network and TEL: Characteristics of the TAN system and the products it generates
  • Attributes of the Actors: The attributes of the community of TAN TEL miners, including Developers and Stakers, and consumers.
  • Governance System: The organizations and rules that structure and control TEL operational activities within TAN.
  • TAN: TEL Harvesting Interactions and Outcomes

  • Table Overview: The involved actors, the benefits they enjoy, the activities they undertake, using what technologies, the basis formula determining how benefits are calculated, and the infrastructure involved in the situation.
  • Evaluative Criteria: Criteria that may be used by miners or external observers to determine which aspects of the observed outcomes are deemed satisfactory and which aspects are in need of improvement.
  • Attributes of the System: Telcoin Application Network and TEL

    Resource System: Telcoin Application Network and TEL

    The resource system or facility involved in the generation of goods and services. The Telcoin Application Network “TAN” is a network of mobile applications and smart contracts nested on top of TELx and Telcoin Network as a mobile access layer to the Telcoin Platform, enabling users to access and the products and services it generates.

    TAN: Sector, Infrastructure

    Resource Products

    Telcoin Application Network: Mobile Services

    TEL

    The characteristics of the units extracted from the Telcoin Platform that can then be used to consume platform services, held for later use, or used as an input in production, harvesting, governance, or exchanged for other goods or services.

    TEL Attributes

    TAN Actors: Attributes

    Application Developers (“Developers”)

    Role: Mobile application development

    GSMA members who stake TEL on TAN and produce mobile applications that integrate with the Telcoin Platform and connect users to its services and each other through the system. They earn transaction fees from consumers, harvest TEL based on their mobile user base’s pro-rata share of adoption of the Telcoin Platform, and participate with others in their Miner Group in Telcoin Platform Governance based on their pro-rata share of staked TEL on TAN by Developers.

    Benefits: Transaction Fees
    Technologies Used: Private technologies Developers use to harvest TEL from TAN.
    Infrastructure Involved: The TAN systems Developers interact with to produce, consume services and harvest TEL issuance.

    Stakers

    Role: Platform adoption

    Stakers are Telcoin mobile application customers who stake TEL, market and connect with their networks to establish the Telcoin Platform as a shared infrastructure for settling payments. They earn a percentage of their referred users’ fees in TEL, harvest TEL from TAN based on their network’s adoption of the Platform, and participate with others in their Miner Group in governance based on their pro-rata share of TEL staked on TAN by Telcoin mobile app users.

    Benefits: TEL Referral Fees
    Technologies Used: Private technologies used by Stakers to harvest TEL from TAN.
    Infrastructure Involved: The TAN systems Stakers interact with to produce, consume services and harvest TEL issuance.
     

    Telcoin Mobile Application Users

    Participants, Eligibility and Authorization: According to rules determined by each Developer, anyone who downloads and fully registers using KYC can participate as a user on a Telcoin mobile application.
    Activities & Benefits: Transacting cryptoassets at any time using decentralized systems, storing cryptoassets using self-custody without relying on third party custodians to secure their property.
    Technology Used: Telcoin application, mobile phone, TEL and other assets, bank account.
    Infrastructure Involved: TAN, TELx, Telcoin Network

    TAN Governance System: Attributes

    The TAN Council sets, enforces, and refines the day to day operational rules for interacting with the Telcoin Application Network rules, including setting TEL harvesting rules. The TAO, the Telcoin Association’s wholly-owned production and administration unit, services to produce and administer collective goods at the direction and financing of the Association and all of its Miner Councils.

    TAN Council: Authority, and Decision-making Rules

    TAN Council governs TAN harvesting rules using the TANIP process. The Platform and Treasury Council use the TELIP process to govern TEL Treasury distribution rules, which dictates the TEL available to be harvested on TAN.

    CouncilRepresentationProcess, Domain of AuthorityDecision-making Rules




    TAN Council
    TAN Council
    · Members: 6
    · Representation:
    Stakers: 2 reps
    Developers: 2 reps
    Liquidity Miners: 1 rep
    Validators: 1 rep
    Telcoin Application Network Improvement Proposal (”TANIP”)

    TAN operational rules including allocation, harvesting, planning and financing, information, communication.
    Proposal Authority: TAN Council, TAO

    Approval: 5 out of 6
    Quorum: 100%
    Duration: 120 hours
    Channel: telcointancouncil.eth
     

    TAN: Production, Consumption Interactions and Fees

    ActorsBenefitActivityFlow of BenefitsBasis for Income
    DevelopersIncome from transaction feesDeveloping a Telcoin application, and earning fees on each trade.Developers earn fees on every transaction type they charge.Transaction fees are determined by each Developer.
    StakersIncome from TEL referral feesStaking TEL, referring new users, and earning TEL fees each time referred users pay fees.Earn TEL referral fees each time their referred users transact.Based on their TEL staked and referral fee rate.
    UsersMobile, self-custodial access to DeFi products at any time.Transacting, storing, and sending digital assets.Users settle payments or receive a new asset each time they make an exchange transaction.

    Evaluative Criteria

    General Performance Indicators: Staked TEL, actors, volume, fees, buy-backs
    Sustainability: Can the quantity of TEL issuance units available to be harvested by Developers and Stakers according to TAN Harvesting Rules sustain at current levels over time?
    Participation: How many Developers and Stakers have staked TEL on TAN?
    Proportional Equivalence: Are TAN harvesting rules suitable to TAN Network conditions? Are the benefits obtained by TAN miners proportional to the amount of inputs required in the form of labor, material, or money?

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