THE
LAO

meTokens

Proposal Details

Tokenize yourself and invest in other people.

meTokens closes the gap between when a person's potential is first discovered and when a person's potential is fully realized by allowing investors to stake on the future value of an individual.

Similar to how MakerDAO synthesizes its DAI Stablecoin, meTokens creates a new digital asset, called 'Synthetic Labor.' Synthetic Labor is a novel type of collateralized personal token that enables opportunities for both (1) utility - the ability to spend the meToken exclusively with its issuer; and (2) speculation - the ability to hold an issuer's meToken and experience ROI if they become more productive or popular over time.

meTokens are economically distinct from other self-issued service tokens (eg, time tokens, ISAs, tweet tokens, etc), because they are structured as a 'common good' rather than a 'club' or 'private good.' A common good personal token possesses an incentive structure that permits markets with the ability to discover a person's greatest value potential in the most efficient way possible while fairly compensating the person for their true value in the process.

meTokens has already deployed a revenue generating proof-of-concept application called #StakeOnMe, which is a meToken factory and DEX.

Additional informational links below include: a Collateralized Personal Token Primer, The Game Theory Doc for meTokens, and a quick video demo of the #StakeOnMe interface.

WalletConnect
WalletConnect
Connect with your mobile wallet