One World Project ♥ Phantasma

Phantasma is proud to announce that we have partnered with One World Project (1WP), and that 1WP is committed to integrating their highly ambitious DAO incubator platform with Phantasma utilizing the power of our Smart NFTs!

In a world where nearly two billion(!) people lack access to the mainstream financial system, 1WP recognizes the need for universal change to a system preventing projects from receiving the necessary financial support to be able to achieve growth and success. Unlike most, 1WP aims to be the change they want to see.

Unlike most, One World Project aims to be the change they want to see.

The One World DAO

The One World DAO is a 19825 Smart NFT and Community-driven DAO project designed to assist communities and start-ups via their built-in launchpad / incubator — with Phantasma Smart NFTs representing each community member’s voting right and participation in the DAO. Bypassing the legacy banking infrastructure through the incubator’s instant peer-to-peer funding pathways, 1WP aims to forge strong connections between the community and the entities funded by the DAO’s incubator.

One World Project aims to forge strong connections between the community and the entities funded by the DAO’s incubator.

To sustain ongoing funding of new start-ups, the DAO will be self-funded through NFT royalties, profits from funded start-ups, infrastructure rewards and profits from the 1WP managed fund. Phantasma Smart NFTs will function as the governance tokens of the DAO, representing membership in the DAO as well as an access pass to incubator services and a legal contract between the DAO participants entitling the owner to a share of the DAO’s future revenue.

Phantasma Smart NFTs will function as the governance tokens of the DAO, representing membership in the DAO as well as an access pass to incubator services and a legal contract between the DAO participants entitling the owner to a share of the DAO’s future revenue.

Decentralized Community Investment Exchange

Expanding on the DAO incubator / launchpad potential, 1WP also plans to deploy a fractionalized consumer-to-business capital system allowing community members to directly participate in funding start-ups of their choice. Welcome the Decentralized Community Investment Exchange (DCIE).

Through rigorous vetting of applications from start-ups and maintining transparency through the DCIE applicant registry and community-driven metrics, 1WP aims to build a fair and open ecosystem. The One World DAO can choose to fund any start-up submitting an application, after which it proceeds to be opened up for fully community-driven investment on the Decentralized Community Investment Exchange. Rewarded through a meritocratic system and using the 1WP fungible token, individual community members will be enabled to play a functional role in the success of new start-ups.

The One World DAO can choose to fund any start-up submitting an application, after which it proceeds to be opened up for fully community-driven investment on the Decentralized Community Investment Exchange.

Inflationary / deflationary Smart NFT tokenomics

The One World Project DAO governance tokenomics introduce a dynamic and tiered Smart NFT supply, where DAO members can upgrade their tier within the ecosystem as the project and their engagement evolves. Higher DAO NFT tiers receive a higher share of the DAO’s revenue, and DAO members can climb the tiers by merging lower tier DAO NFTs to unlock a higher tier DAO status. By locking merged NFTs in smart contracts, the DAO controls the NFT supply, and can dynamically release locked DAO governance NFTs into the open market to revitalize the market and balance the project economy as needed.

Higher DAO NFT tiers receive a higher share of the DAO’s revenue, and DAO members can climb the tiers by merging lower tier DAO NFTs to unlock a higher tier DAO status.

Considering the complexity and ambition of the One World Project and its tokenomics, the project team is already in the process of having its tokenomics certified. This is happening in collaboration with Phantasma and is performed by the One World team together with Machinations — a company specialized in tokenomics auditing and modelling that Phantasma has been building a strong relationship with over the last six months. With a blockchain sphere rife with projects delivering provably flawed tokenomics designs, Phantasma predicts that certification of project tokenomics will quickly become a standard defining a bare minimum of what prospective token holders will expect.

…the project team is already in the process of having its tokenomics certified. This is happening in collaboration with Phantasma and is performed by the One World team together with Machinations — a company specialized in tokenomics auditing and modelling that Phantasma has been building a strong relationship with over the last six months.

Join us in welcoming One World Project and their ambition to enable growth and success for start-ups outside of the legacy banking sector!