Telcoin Platform: Production and Consumption Activities

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 that produce and consume Telcoin Platform goods and services. We then provide a Platform-wide overview of the productive and consumptive interactions across the various user groups and sub-systems of the Telcoin Platform, and propose evaluative criteria that could be used by to determine which outcomes the community would deem satisfactory.

The resource system or facility involved in the generation of goods and services. The Telcoin Platform is the combined structure of three blockchain infrastructure networks, including Telcoin Network, the blockchain layer, TELx, the decentralized marketplace layer, and Telcoin Application Network (TAN), the mobile application layer, that each produce distinct blockchain services, and the TEL Treasury, the primary storage and distribution facility and inventory from which the system generates flows throughout the Telcoin Platform for miners to harvest.

Miners, including Stakers, Developers, Liquidity Miners, and Validators, are the driving force behind the Telcoin Platform. Each Miner Group serves a distinct function in Telcoin Platform production and and harvests from separate flows of TEL fees from consumers and TEL issuance generated by the system. Miners propose and vote with others in their Miner Group in Telcoin Platform governance, over and within which they collectively share equal power and control.

Telcoin Platform governance is constituted legally as the Telcoin Association, a Swiss Verein domiciled in the Canton of Ticino in the City of Lugano. The regime is a polycentric, democratic system of self-governance in which the four constituent Miner Groups elect officials to a diverse set of global, local and cross-jurisdictional Miner Councils who each possess considerable autonomy to make and enforce rules within their own circumscribed domain of authority.

Miner Councils set, enforce, and refine the day to day operational rules for interacting with their jurisdictions of the Telcoin Platform, 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.

A diverse set of policy-making organizations, composed of elected officials from each Miner Group, who set and enforce the operational rules for interacting with the Telcoin Platform.