metadata: {"signature": "0x8a68e5eebb900104bab63dcc36c4e940606206fa592b8e1338f6930c4b0e128e2cda120b031de72494a5cd58c72bda88572dedaaf4b6feb9d19387622936467f1b", "application": {"round": "0xadd9b8cc34d9f36fa37cb9c6941e6209f4eea6c6", "answers": [{"type": "email", "hidden": true, "question": "Email Address", "questionId": 0, "encryptedAnswer": {"ciphertext": "ng6bd8SUH32M6HBF28MDv+nYY9iRR7dwViwPoct+G9JBIOMaB1zhf8PUP2ECya6f", "encryptedSymmetricKey": "9ef638fb31cae4d8db4d566ec43928e623c158e5d7a96827693138dc185cf808d3bd3be3fec4f48d07856a245a8a9a022eea33b53d681e798eb562f366211c93c617310412bbde8366a14ecffa4ce16599991f07e857a28334eb6bb5594106a14a1cc09ced6e753b201fd2d3915c92b6ab7474baa9a4697f6a7bc1772a8031750000000000000020fa5acb21741b478c392df87215b5b3064c3bf8856fcd0f91b205f0edc55c46d71f46cb98adc280eae8065a3df5faa782"}}, {"type": "short-answer", "answer": "lenarav", "hidden": true, "question": "Telegram handle", "questionId": 1}, {"type": "link", "hidden": false, "question": "Karma profile (if available)", "questionId": 2}, {"type": "checkbox", "answer": ["Yes, I confirm"], "hidden": true, "question": "Have you read and confirmed that your project abides by the Program General Eligibility Policy https://tecommons.notion.site/Eligibility-Policy-7cf5ff8c323149cf84011712f070f009 ?", "questionId": 3}, {"type": "paragraph", "answer": "\u200b\u200bThis project is about pushing the boundaries of token technology. \n\nIf we end up opening a whole new category of use cases for tokens, we would consider the project wildly successful.\n\nEven if we fail in that, but generate food for thought and discussions about what a token is and what it could be, we would already be successful.\n\nWe want to not only write essays but also to deploy code, because we believe in learning by doing. \n\nPublishing useable open source code would be a great step towards our goal as well.\n", "hidden": false, "question": "Vision Statement and Impact: Describe the long-term vision of your project and its intended impact on the Optimism and broader Superchain ecosystem, including both qualitative and quantitative benefits", "questionId": 4}, {"type": "paragraph", "answer": "In the next 6 months we plan to release our first essays outlining the research and conceptual discussion accomplished so far. As the conversations with our case study client progresses, we will also be deploying code to testnet and mainnet.", "hidden": false, "question": "Initial Strategy: Outline a high-level strategy for how you will achieve your intended impact and key goals for the next 3-6 months", "questionId": 5}, {"type": "paragraph", "answer": "Our MVP is being deployed on Optimism (for now testnet). Superchain and OP are for us a great choice in terms of security, scalability and affordability, keeping in mind we are focusing on symbolic value instead of financial value of tokens.", "hidden": false, "question": "Integration Approach: Explain how the project applies token engineering within OP", "questionId": 6}, {"type": "dropdown", "answer": "Research", "hidden": false, "question": "Project category ", "questionId": 7}, {"type": "short-answer", "answer": "Somewhere between PoC and MVP", "hidden": false, "question": "Project stage: What stage do you consider your project is currently in? (F.e.: Plan, Proof of Concept (PoC), Minimum Viable Product (MVP), Fully integrated project)", "questionId": 8}, {"type": "paragraph", "answer": "Lenara Verle - twitter.com/lenara\n\nResearcher in the field of Art & Technology. Invisible Economist at DADA.art. Cohort July 2020 of the Token Engineering Academy.\n\nMarlon Barrios Solano - twitter.com/MarlonBarriosS2\n\nCreative technologist and researcher with a background in software engineering, improvisational dance, and embodied awareness. Resident meditation teacher and guest movement instructor for Kernel.\n\nSimon Wairiuko - twitter.com/simon_wairiuko\n\nArtist, developer, regenerative farmer in Kenya.", "hidden": false, "question": "Team Expertise: Provide a brief summary on the team\u2019s background and relevant expertise in token engineering and/or OP", "questionId": 9}, {"type": "paragraph", "answer": "Our first smart contract experiments are deployed on Optimism (Sepolia testnet) and deal with inscribing a text \"mantra\" into the contract logic.\n\nhttps://optimism-sepolia.blockscout.com/address/0xCf603f43689a641CFADeDb81D853c43d599c9f00\n\n(https://giveth.mypinata.cloud/ipfs/QmTo7Xbgka1yRSvXM37ttBySZoCQbVmuTQs4qXMVdd3L4j)", "hidden": false, "question": "Existing Work: Provide evidence of any existing work, such as prototypes, research papers, or previous projects. If you have already done work within OP/ Superchain, please include that here too", "questionId": 10}, {"type": "paragraph", "answer": "We took part in the previous TE round but received a very small amount of funds. Every bit helps and the funds were distributed to the team, but the impact was mostly symbolic, like our token! :) ", "hidden": false, "question": "Returning grantees: If your project has received prior funding from the Token Engineering Grants Program, please describe the impact that funding has had on the project", "questionId": 11}, {"type": "checkbox", "answer": ["I agree"], "hidden": false, "question": "Agreement checkbox: By checking this box, grantee commits to participating in the two milestones outlined below (exact dates will be communicated after your admission to the round): September: Milestone 1 requires completion of a grant profile in Grantee Accountability Protocol (GAP). The profile outlines the specific outcomes to be achieved by Milestone 2.  October: Milestone 2 requires a progress report on the grantee's progress towards achieving the outcomes agreed to in Milestone 1. ", "questionId": 12}, {"type": "paragraph", "answer": "Not at this time.", "hidden": false, "question": "Have you applied or are planning to apply for additional funding rounds within the Optimism ecosystem? https://sovs.notion.site/d24bc00e3ed14139beb44b82a5e145c5?v=50ae5a8b531641e0b78f39a710f3ffa6", "questionId": 13}, {"type": "short-answer", "hidden": true, "question": "How did you hear about the Token Engineering Grants Program?", "questionId": 14}, {"type": "paragraph", "answer": "Thanks for keeping this community round less bureaucratic! The main rounds are becoming insane.", "hidden": false, "question": "Anything else you'd like to share about your project, previous work, or other project affiliations? Anything you'd like to add that has not been covered?", "questionId": 15}], "project": {"id": "0x94f36635e8aaa3bda6839c1cacaca205d052333dbced3618c883095416bd81ae", "title": "SymVal", "logoImg": "bafkreihn5bk7ona23npolnxunrh7b2ioudr4xsp2l66xcpl6dih2d5tql4", "metaPtr": {"pointer": "bafkreieb5ob2pmpfkggn2jqbgo7popsiox6eggselb6z3hhrviilqsl2vq", "protocol": "undefined"}, "website": "https://symval.gitbook.io", "bannerImg": "bafkreibunwcmf27iojmow2hzodupqiwfqtzqzpqygpm43bk6rydkd23mvq", "createdAt": 1699432252826, "userGithub": "lenara", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..4nPwB625SdBD1M8zKmbx7M5tD35LP8raqkc2gF80u7gGoMULZoPy_AanGfcF1n7kVNlUPgxx3tobmPLbOFwmDQ", "type": "Ed25519Signature2018", "created": "2024-04-15T14:18:50.623Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-15T14:18:50.623Z", "expirationDate": "2024-07-14T14:18:50.623Z", "credentialSubject": {"id": "did:pkh:eip155:1:0x97d25ce39d27fBaFc60C3Bf50f2675C0EED71b5C", "hash": "v0.0.0:ehAxmUqDzfr+gZXNid8fyz+hTReixDqf3J2g1UlWYi0=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#lenara"}}}, "description": "# How can a fungible token be designed to carry high symbolic value?\n\nWhen tokens are non-fungible this is an easy task. Many NFTs are designed to hold little or no monetary value, and high symbolic content.\n\nAs an example, [POAPs](https://poap.xyz/about-the-protocol) are minted to symbolize memories of specific moments and events in time and/or space.\n\nFungible tokens cannot escape holding monetary value, but can they be designed to allow a richer symbolic value as well?\n\n**Could we create a token still compatible with permissionless automated market makers, but also useful for holding non-monetary values?**\n\n# Can a token carry meaning?\n\nKernel in their essay brings attention to the [signature economies](https://sign.kernel.community/essay) embedded in blockchains:\n\n*\u201cSignatures do not enclose, they bear individual witness to shared events. The messages you sign are at once totally unique\u2014there is only one valid signer in the whole world\u2014and yet they can be broadcast many times over, each time accumulating meaning.\u201d*\n\nAnd then asks:\n\n*\u201cCan we create a culture where value is propagated by ongoing response, rather than held captive in possessions?\u201d*\n\n![signature economies](https://cdn.discordapp.com/attachments/700686323950026752/1139497889886908436/signature_economies.png?ex=662b7a9b&is=6619059b&hm=5bb7e6155b36ab45d7fb60d5171599ca1d2a132345b7af34ef176f926ab3c765&)\n\n# This token engineering research project aims to:\n\n- **explore the possibilities for designing a token able to carry and express symbolic value**\n\n- **develop open source smart contracts available for the community**\n\n- **deploy at least one example instance of a SymVal token as a demonstration of its potential**\n\n# Milestones:\n\n- Started custom token design project for the Center for Collaborative Investigative Journalism - ccij.io (January 2024)\n- Smart contracts experiments deployed to testnet (December 2023)\n- Website public launch (August 2023)\n- Buddhism & Smart Contracts conversations (June 2023)\n- Proof of Concept interactive token icon image (2022)\n\n# The path so far:\n\nWe started with the question: **How to code symbolic values in smart contracts?**\n\nInspired by ancient \"technologies\", we are exploring the idea of borrowing concepts and practices from Buddhism, such as prayer wheels, mantras, holy temples / stupas, with the goal of deploying a digital version of them to the blockchain.\n\nTo pursue this idea further, we have started a series of conversations with Marlon Barrios Solano, with the goal of arriving at a token model.\n\nMarlon is a creative technologist and researcher with a background in software engineering, improvisational dance, and embodied awareness, and also a resident meditation teacher and guest movement instructor for Kernel.\n\nAs an early experiment we also asked:\n\n**Can a token display more than just a balance in a wallet?**\n\nTogether with Simon Wairiuko from the Regro Project we proposed an idea for a token on the NEAR blockchain, taking advantage of the fact their token standard includes an on-chain token icon image supported by the NEAR wallet.\n\nSimon is an artist, farmer and developer, and he created an interactive SVG that shows day/night cycles, a tree's respiration cycle, and localized seasons like Winter and Summer, based on the device\u2019s location and time zone.\n\nThis early experiment dealt only with the token UI display and not yet with the underlying contracts and logic, but was already a step towards the main research question.\n\nThe SVG can be visualized at: https://teia.art/objkt/651699\n\n![Regro interactive SVG](https://giveth.mypinata.cloud/ipfs/QmX7GnQZesGRvLhkCKnf4d1gZ6n1sfp3RKZpbYkGTFwSzD)\n\nOur first smart contract experiments are now deployed on Optimism (Sepolia testnet) and deal with inscribing a text \"mantra\" into the contract logic.\n\n![Mantra experimental contract interface](https://giveth.mypinata.cloud/ipfs/QmTo7Xbgka1yRSvXM37ttBySZoCQbVmuTQs4qXMVdd3L4j)\n\n\n\n\n# Where we are:\n\nWe are currently in the token design phase. As we progress we will post updates on our website:\n\nhttps://symval.gitbook.io/\n\nOur code development can be followed on GitHub:\n\nhttps://github.com/lenara/symval/\n\n# Team:\n\nLenara Verle - https://twitter.com/lenara\n\nMarlon Barrios Solano - https://twitter.com/MarlonBarriosS2\n\nSimon Wairiuko - https://twitter.com/simon_wairiuko", "lastUpdated": 0, "projectTwitter": "lenara"}, "recipient": "0x97d25ce39d27fBaFc60C3Bf50f2675C0EED71b5C"}}