WILDCOIN Farming
Last updated
Last updated
WILDCOIN (the token) is a utility and governance token. Subject ADIDs are awarded a certain number of tokens upon registration. Users are assigned specific tasks to continue receiving tokens; upon completing these tasks, they will receive additional tokens.
Bob scans his dog Sparky (the subject) using the WILD dApp. The AV-AI processes the images, issues an ADID, and stores data relating to the subject’s recognizable traits and characteristics. Bob earns WILDCOIN for registration.
Bob is prompted to review and confirm information that the AV-AI has identified, such as breed, color, unique markers, etc. Bob earns WILDCO for confirming this information.
Bob is prompted to input additional information that the AV-AI is unable to identify, including Sparky’s name, DOB (or age), sex, and other information. Bob earns WILDCOIN for entering this information.
Bob shares Sparky’s ADID with his veterinarian, and the ADID is accessible within the veterinarian’s ADID-enable animal resource management (ARM) system. His veterinarian enters all pertinent historical medical record data associated with Sparky, including checkup history, vaccination records, medications, feeding recommendations, and dog-specific care.
WILD dApp reviews this information and creates a daily care checklist for Sparky. The checklist sends Bob notifications to remind him when to feed Sparky, give him his medication, and take him for preventative care treatments. Each time Bob completes a subject-related task, he takes a photo using the app, which is timestamped and uploaded to the system. Bob earns WILD Rewards for these activities, and these rewards are auto-converted and settled in WILDCOIN at the end of each day.
Bob has to go out of town on a business trip and doesn’t have a reliable caregiver for Sparky during that time. Alice lives nearby and has an excellent social credit rating on the WILD dApp. Bob messages Alice to ask whether she can care for Sparky for the duration of this business trip. Bob shares Sparky’s ADID information, and she reviews her daily care checklist to determine her obligations. Alice agrees to watch Sparky in exchange for nWILDCOIN per day, which are staked on the smart contract for settlement upon Sparky’s return. Bob and Alice agree to the terms, and Sparky’s ADID, medical records, and veterinarian care information are temporarily transferred to Alice. Alice gives Sparky food, water, and medication as needed and earns the wild rewards and subsequent tokens Bob would have received for Sparky’s daily care.
When Bob returns, he and Alice initiate the protocol’s smart contract completion sequence by completing the in-app procedure. Control of Sparky’s is returned to Bob’s wallet, and the staked WILDCOIN are transferred to Alice’s digital wallet. Alice also receives a social credit-score approval rating for Sparky’s care, calculated by a weighted average of Bob’s satisfaction rating and the checklist activity completion rate for Sparky’s daily care routine.
When Bob returns, Sparky seems sick, and Alice hasn’t given him his medication. Bob registers a complaint within the system, and the smart contract’s AI-driven Oracle logs the issue and recommends how many WILDCOIN Alice should forfeit. Alice’s social credit rating is affected by this decision, and she must complete animal care training before she can resume caring for pets. If Sparky’s issue is severe enough, Alice may be de-platformed completely, or the authorities may be called to investigate animal abuse.