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.