Architecture of WISE

WISE: Credit that You Own

WISE Credit incorporates fundamental data dimensions to comprehensively evaluate a user's standing within the community. To put it short:

$WISE =Wealth + Identity + Social + Engagement$

Wealth

Wealth measures the overall on-chain capital capabilities of a user, like in traditional credit systems.

Identity

In the era when users can own digital assets, people's identities are much more versatile. The internet is a multiverse where a person can have a different identity in each blockchain or a different web2 service. A good credit system should act like a wormhole that connects all worlds.

Social

Social engagement is definitely the most important factor for the growth of layer1 blockchains and Web3 projects. There are a growing number of attempts that are aiming to bridge social engagements to web3.

Lens Protocol

Lens Protocol for example, is a decentralized social graph which enables users to OWN their social engagement. Integrating these on-chain engagement to WISE Credit, opens the gateway for users expand their social impact to the entire web3 realm.

Mask Network

Mask Network, on the other hand, built an infrastructure that bridges web2 and web3 social networks. Mask's social aggregator Firefly, connects the social experiences of major web2 and web3 social networks. For TBook, this means not only the capacity for users to seamlessly share everything everywhere, but also a foundation to empower to fully express their cross-chain and cross-platform impact.

Solana Blinks

We have also seen layer1 blockchains architecting brilliant methods to catalyze their social capabilities. Solana for example, has build Blinks to transform Solana Actions into shareable, metadata-rich URLs that enable Action-aware clients to display enhanced capabilities for users.

Telegram

Telegram is naturally the best platform to bridge social and on-chain interactions. TON has aggregated various social capabilities based on Telegram, which shows a great potential of revolutionizing social experiences for the web3 industry.

Engagement

When designing a credit system in the 'own era', we should also consider the impact of such a credit system to the industrial infrastructure: How does a credit system bring prosperity to the entire ecosystem?

And thus when building users' engagement credits, we first need to understand why do people have certain on-chain activities. We need to be clear about what we are incentivizing people to do or become.

A good credit should encourage people to contribute more and compete more. It should be capable of bringing prosperity to the community.

Building WISE Credit Network

TBook aims at partnering with top projects to build WISE Credit Network.

Defining an industrial level WISE Credit Standard requires the consensus of the most reputable and experienced teams. Such a standard will bring huge impact to the furure internet, which in turn, impacts people's everyday lives.

An industrial WISE Credit Standard will evolve with many iterations. That is why there is a necessity of a credit commitee. The commitee will act as the democratized instrument for supporting the evolving of WISE Credit Standard.