CyberDAO's economic system is different from other Web3 projects, and we found that due to the volatility, inflation, demand, and other factors involved in the token system, once a single economy introduces the token system, the system will sooner or later come to a standstill. No web3 project has yet successfully addressed the issue. In order to better solve the problem of economic robustness of web3 projects, we have adopted a new economic system: the dissipative structure of web3.
Dissipative structures** are used in thermodynamics and have rarely been mentioned in specific fields in the past. Kevin Kelly argues that dissipative structure is one of the most neglected practical theories, especially its application in economics. We found that almost all innovative enterprises meet the characteristics of the dissipative structure principle, and the business model of CyberWorld will also build a Web3 economic system based entirely on the dissipative structure principle.
There are three major conditions for the formation of dissipative structures
1. Open system: It requires continuous input of external matter and energy to offset the entropy increase of the system itself and let the system leave the equilibrium state.
2. Nonlinearity: The elements in the system are in a nonlinear interaction with each other, the whole is greater than the sum of the parts, and the nonlinearity makes self-organization possible.
3. Stay away from equilibrium: The system in the near-equilibrium state will inevitably move towards a certain steady state, and only after crossing the turning point can the elements in the system be related in a new way to complete the reconstruction of order.
CyberDAO's token economy is very important. Different from Web2, Web3 is a market based on open Internet finance, and changes in transactions directly affect market confidence and determine the development of CyberDAO. The elements of a token economy follow the following basic formula: Transactions = Cash flow generated by effective users Effective liquidity.
There are many ways to achieve simple consensus at the strategic and tactical level, and the use of each method will affect the final outcome. In order to achieve good results and reduce fault tolerance, we need to set up a basic framework for dissipative results, which will guide our development path.
At the same time, we need to point out that the way in which many web3 projects take the road is misleading. In terms of roadmaps, we need to learn enough from traditional companies (e.g. Meta or TikTok) rather than somehow to achieve sensory stimulation (eyeball economy). We want to return to the real needs of users, the real world enterprise environment changes very quickly, in CyberDAO we will not provide a detailed roadmap, this way is confinement and limitations, but we will provide clear direction guidance, and based on principles and frameworks, adapt to local conditions, flexibility based on DAO to adjust our strategy and direction, this is also Kevin Kelly's advice to us.
We formulated the strategic approach of CyberDAO in combination with the dissipative structure, and formed three main points:
The complementary matrix structure of CyberDAO's Product Matrix + DeFi Matrix is set up based on the open dissipative structure to overcome the entropy increase of the token economic system.
Through the control of different matrix products and financial systems, we will continue to break through the equilibrium state to form a new order and system.
The establishment of a new CyberDAO gives the DAO real power for the first time, including the ownership and support system of TechDAO, forming self-organization and self-evolution.
At the same time, the dissipative structure makes the token** and deflation highly flexible, for example, when the platform token of CyberDAO has high inflation, the economy of the traditional dissipative structure usually falls into a death spiral, while CyberDAO can use the product matrix + DeFi of the dissipative structure Matrix to provide regulation, such as reducing the release of platform tokens, improving its participation in the matrix application attributes, while promoting the development of ecological products, and then fundamentally solving the problem of high inflation.
In addition, the dissipative structure congenital assumes that a single application scenario is never enough, when the original economic system will inevitably lead to the closure of the system due to a single application scenario, if it is placed in web2 products, even if the traffic is stagnant, there will be no fatal problem, and it can also maintain a strong vitality, but web3 products because of the element of tokens, it essentially externalizes financial revenue, once the traffic stagnates, it will fall into a crisis, so web3 products have a lot of progress, but there are also some restrictions that need to be faced and avoided, based on the correct objective facts, our consultant keviN Kelly suggested to us the direction of product matrix + defi matrix to build web3 applications, which is also the core reason for the self-organization characteristics of web3, which can not only design products based on the dissipative structure, but also increase the anti-fragility of the token system. Self-growth and scalability.