Fallstudie NFT REPLICA
Building on the proposal of the World Economic Forum WEF
The Great Reset, Gudix offers a proposal for economic recovery and sustainability.
What is replica token?
Tokenized intellectual property, an intellectual asset, combined with a central trademark license agreement, stored on a private ledger alias Gudix Core. Designed to be more valuable and replicated.
The problem of value quantization leads to wild growth and opaque markets, which fiat currencies are already showing. In the figurative sense, fiat currencies were created from quantified gold. The gold reserves were quantified as the equivalent of a defined number of dollars. The connection to gold was broken and the relation of the fiat currencies to the dollar was changed at will. Opacity arises from the fact that the value relation among fiat currencies has to be read from the markets and economic data have to be determined in order to make as precise statements as possible about a value and the development. A determined value is very rarely an absolute value that is 100% correct. Small deviations in the value determination lead to tolerances that have to be accepted as they apply internationally. Economic forecasts are based on the determined values, taking into account the tolerances. It is precisely these small tolerances in the value determination that lead to incorrect forecasts. Economic crises arise, which arose essentially from the fact that fiat currencies are arbitrarily quantifiable values.
Most digital currencies, too, ultimately represent a fiat value and are accordingly just another quantified value of an already quantified value. Today, thanks to decentralization, one dollar can be divided into 100 billion shares by an anonymous private person, protected by the decentralized system. This would be equivalent to one tokenized dollar. We'll call the token the $ 1 token for the case of illustration. The issuer of the 1 dollar token is now trying to generate a trading volume from the 100 billion shares that were generated from one dollar. The issuer uses traditional marketing, he publishes a website and tries to create artificial demand. As soon as a market capitalization forms, a dollar has turned into a bubble. Until the bubble bursts, this market is called a volatile market or simply hype. It also turned out that the market capitalization for the 1 dollar token was decisive for the success of the bubble and this could also be artificially generated. Market capitalization is the number of shares in circulation × the market price per share. The issuer of the 1 dollar token puts half of the shares into circulation. The issuer looks for comrades-in-arms who buy 1 dollar tokens at one dollar for the market launch. The market price per dollar in this example is $ 1, from which a market capitalization of $ 50 billion is calculated.
The problem is that tokenization on the basis of quantified values that have no intrinsic value is not allowed. From this we conclude that decentralized markets are inflated on a likewise inflated and quantified fiat system with no intrinsic value. Instead of a controlled system, we manage a wild growth system in which we can only analyze and react instead of acting. We react with regulation, laws and put more money into markets with the aim of creating a stable economy, we were ultimately responded to the system with a disproportionate distribution of wealth and, in order to close the cycle, with inflation.
An intellectual good or property is based on information. Information is the smallest unit that has to be completely transmitted in order to be able to be interpreted completely. Value is always a question of interpretation. Tokenization is the quantification of value in this regard. If only part of the information is transmitted, the value cannot be interpreted and is therefore worthless. On this basis, tokenized information cannot be part of the information, since part of the information invalidates the entire information. An exception would be room for interpretation, but this would not lead to an absolute consensus. In order to get consensus on the value of information, it is necessary that information cannot be quantified. For this reason, the replica token consists of only one unit. The replica token ends the paradoxical loop of quantifying quantified objects. The replica token is the smallest indivisible value in terms of quantity. The variation of the token is the quality, which gives the token its intrinsic value.
What problem does the replica token solve?
The conceptual origin of the Replicatoken is on the timeline even before today's money. The basis of today's tokenization, today's money and today's financial market is based on Fiat.
The value of intellectual property or an intellectual good is not based on fiat, but on a value that is tangible through consensus, intrinsic value. Primitive money, which was used before bank money, serves as an example. Goods were exchanged for goods, food was bought with mussels. Gold could also be used to pay for. The value of gold is given today in fiat, but does not correspond to the actual intrinsic value, but only a comparison to make the value visible.
The advantage is that the replica token is not based on the Fiat system, but on the primitive system on which Fiat was based at the beginning. This makes the replica token autonomous for the time being, but not to fiat. Since every person has their own intrinsic value in the form of intellectual property and intellectual goods and this is not based on the banking system, the replicatoken is not an instrument that can be integrated into the financial sector or into the well-known economy in general. The replica token is decentralized in its basic form.
The added value lies in the fact that the replica token is an intellectual good, without any points of contact with the volatile financial market. It builds on an old, primitive and decentralized system that existed before Fiat. In the context of the legal conditions, the advantages of modern economics and digitization are used to manage a hybrid system that is managed centrally in addition to its decentralized nature. Due to the central points of contact such as trademark law, central infrastructure and the company Gudix GmbH itself, the replicate token is the necessary hybrid to embark on a new, stable, economic path.
Unique and replica
The token is called replica because it replicates when it is transferred. It is unique because it is saved forgery-proof, has a unique number and only one token per person can be owned. The owner as an individual gives the token, which is his intellectual property, a unique character and is therefore unique. Similar to an identity card, which on the one hand is a standardized replica, on the other hand only takes the form of a valid one-of-a-kind in your possession. Each ReplicaToken is a non-fungible token and consists of only one unit.
Why is it not possible to have more than one replica token?
Intellectual property is basically nothing more than information. You cannot have a piece of information twice, but you can sell it and thereby share it. The shared information now exists twice, but does not have double value.
Why is the value halved when the token is transferred?
Due to natural conditions, a value can only be divided or implemented, but not simply doubled. If we did not halve the value of the token, this would mean that we are generating a FIAT currency. This would cause an imbalance in the ecosystem, which ultimately causes the ecosystem to collapse and we want to avoid that.