What Is Bosonprotocol?(BOSON) Complete Guide Review About Bosonprotocol.

What Is Bosonprotocol?(BOSON) Complete Guide Review About Bosonprotocol.

What Is Bosonprotocol?

Bosonprotocol s a trust minimised and cost minimised protocol that automates digital to physical redemptions using NFTs encoded with game theory. To learn more about this project, check out the deep dive of Bosun Protocol. Powerful e-commerce platforms have captured the market. These monolithic intermediaries extract excess value. They claim to value customer-centricity when what they are really doing is hoarding data and separating people from the value they create. Boson Protocol’s vision is to enable a decentralized commerce ecosystem by funding and accelerating the development of a stack of specialist applications to disrupt, unbundle and democratize commerce.

Bosonprotocol Storage Key Points

Coin BasicInformation
Coin NameBosonprotocol
Short NameBOSCON
Circulating Supply 38,814,238.69 BOSON
Total Supply 200,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Be Part Of A Capture-Resistant, Decentralized Commerce Ecosystem.

Bosonprotocol Coin is a foundational Web3 primitive that unlocks two planetary-scale value pools:

A public infrastructure for coordinating commerce transactions

Enable smart contracts to exchange digital value for physical products and services with minimized arbitration, cost and trust.

A Web3 Commerce Data Marketplace

‍Exchange and monetize secure Web3 customer demographic and product preference data.

The Opportunity

The real world and the metaverse, connected.

  • Boson Protocol disrupts e-commerce platforms by tokenizing Things and their commerce data within a liquid digital market, built on #DeFi.
  • Boson Protocol’s vision is to enable a decentralized commerce ecosystem by funding and accelerating the development of a stack of specialist applications to disrupt, unbundle and democratize commerce.

Technology Overview

Commitment Tokens (NFTs)

Bosonprotocol commitments are made by depositing digital value into an escrow contract represented by stateful non-fungible commitment token, enabling automated digital to physical redemption.

Core Exchange Mechanism

Boson’s core mechanism is a type of sequential game where the rules and the deposit transfer scheme are designed to coordinate transactions and incentivize parties to behave fairly.

Thing Tokens

Bosonprotocol Coin each type of commitment token can be purchased with a specific Thing token, which follows the ERC-20 standard. Thing tokens plug into DeFi infrastructure, enabling liquid digital markets for any Thing.

Web3 Data Marketplace

Monetizes consumer and seller data in a self-sovereign and privacy preserving way.

Powering Ecosystem

Governance

‍Bosonprotocol tokens are used  to govern Boson Protocol, ensuring consensus around critical decisions and controlling the issuance of funds from the dCommerce DAO.

Curation Markets

Participation in staking, and therefore the curation of offers, is incentivized by rewarding users with $BOSON tokens.

Supply & Demand Mining

$BOSON enables supply and demand acquisition by incentivizing Sellers, Buyers and Aggregators.

Ecosystem Fund

Bosonprotocol Coin following the principles of a Web3 Sustainability Model, the dCommerce DAO will be community-governed, funding the growth of the dCommerce ecosystem.

The Technology

Decentralized infrastructure for the autonomous exchange of digital value for physical things & their data

Coast Minimized

Progressive decentralization challenges the monopolistic extraction and rent-seeking behaviour of centralized commerce incumbents.

Reliable

Bosonprotocol resolution is based on practical atomicity: either an exchange happens or it does not happen at all.

Trustless

Mediation, arbitration and reversal are automated in a dynamic game where incentive rewards decrease the need for human arbitration over time.

Rich Data

Bosonprotocol Coin Planetary-level Web3 data marketplace for commerce incentivizes voluntary data sharing by providing an equitable distribution of the proceeds.

Use Cases

Games

Enabling video games to gift or grant permission to buy rare or special items. For example, on reaching Grand Wizard status, a player has the right to buy a special t-shirt. 

i-Gaming

Enable online and on-chain casino customers to earn real world prizes and purchase real world items with winnings without touching fiat. 

Physical Twins of Digital Art

Enable NFT artists to offer physical twins, trustlessly via NFTs redeemable for physical artefacts.

Loyalty And Rewards

Enabling loyalty programs and credit card rewards to offer any digital or physical Thing in a standardized, composable and interoperable digitized format, without the cost and friction of intermediaries.

Online Commerce 

Bosonprotocol Open digital marketplaces where any Thing can be offered, searched and exchanged with minimized trust and cost. 

Crypto Exchanges

Enabling exchange tokens to be redeemed for real world rewards directly from an exchange marketplace without touching fiat, differentiating by rewards rather than competing on fees, and thus increasing token value. 

Tokenized Networks

Enabling users to exchange their network tokens for digital and physical goods and services, in order to increase user-perceived value and token value. 

Tokenized Networks

Bosonprotocol Coin enabling users to exchange their network tokens for digital and physical goods and services, in order to increase user-perceived value and token value. 

Founders

Justin BanonCo-Founder

Tech unicorn Bosonprotocol builder As global MD, blitzscaled Priority Pass Group from a $50m to $1Bn revenue digital voucher marketplace.

  • Blockchain strategy consultant
  • Digital business model researcher MSc innovation, MSc Digital Currency

Gregor BorosaTech Co-Founder

Lead engineer at Bosonprotocol major bank & payment systems, including Central Bank of Slovenia. Blockchain technologist, taught masters blockchain courses, Blockchain architecture consultant & dev

  • Computer science background
  • Masters Business Informatics,
  • MSc Digital Currency
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