Double N Docs
  • What is Double N
  • Introduction
    • The Solution: Bridging TradFi and DeFi
  • Project Overview
    • Roles of Participants
    • The Governance Module
  • Token Economy
    • dApps
  • The Core of Double N's Ecosystem
    • Maintaining Price Stability with a Decentralized Price Oracle
  • Token Allocation
  • Double N Project Roadmap
  • Team of Double N
  • Risk Management Strategy for Double N
  • Disclaimer
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  • 1. Tokenized Real-World Assets (RWAs)
  • 2. NFT Integration and Utility
  • 3. Token Economy
  • 4. Transparent Revenue Sharing
  • 5. Decentralized Governance with DAO
  • 6. Integrated dApps
  • 7. Sustainable Ecosystem Growth
  • 8. Blockchain Structure
  • 9. Maintaining Price Stability with a Decentralized Price Oracle
  • 10. Supply Decision Algorithm (SDA)
  • 11. Incentives for Double N Stakeholders

The Core of Double N's Ecosystem

The Double N ecosystem is built on four core fundamentals: IP-based value creation, contribution verification systems, community-driven project development, and transparent reward distribution based on effective engagement. This structure ensures sustainable growth, allowing value generated from entertainment projects to flow back to active contributors in proportion to their accredited participation.

1. Tokenized Real-World Assets (RWAs)

Double N enables the tokenization of real-world assets such as films, web dramas, music, and more, enhancing accessibility for investors.

1.1. Key Tokenized Assets

  • Film Production Rights: Tokenized rights raise funding for projects, with profits distributed to investors based on success indicators.

  • Intellectual Property (IP): Continuous revenue streams from IP, such as films, web dramas, and music, converted into NFTs and tokens.

  • Collateralized Loans: Successful IPs or content serve as collateral for loans, offering additional funding opportunities.

1.2. Use Cases

  • Revenue sharing from box office hits and digital distribution sales.

  • IP-based derivative product sales (e.g., fan art, NFT merchandise).

2. NFT Integration and Utility

NFTs serve as proof-of-engagement tools, recognizing and rewarding significant participation in project development.

2.1. Core Features

  • Fan Engagement: Exclusive access to content such as premiere tickets, behind-the-scenes footage, and collectibles.

  • NFTs in P2E Games: Integrated NFTs provide in-game utility and enhance user experience.

  • Revenue Sharing: Distribution and digital sales revenue shared with NFT holders.

2.2. Project-Specific NFTs

  • Unique NFTs issued for each film or drama project.

  • Exclusive NFT rights (e.g., limited-edition OSTs, early access to distribution rights).

3. Token Economy

The Double N Token ($DNN) serves as the ecosystem's utility token, measuring and enabling participation in entertainment projects.

3.1. Key Functions

  • Transaction Medium: Used for NFT purchases, P2E game transactions, and Double N-A swaps.

  • Governance Participation: Enables users to vote on project selection and revenue distribution.

  • Swap Mechanism: Users can exchange Double N tokens for project-specific tokens such as Double N-A.

3.2. Revenue Distribution Model

  • Revenue Sources: Box office earnings, digital sales, NFT transactions, merchandise sales.

  • Dividend Mechanism: Profits distributed to Double N-A holders based on project performance.

4. Transparent Revenue Sharing

Double N ensures transparency in revenue sharing through blockchain technology, giving users real-time access to financial data.

4.1. Revenue Streams

  • Film & Drama Distribution: Box office and streaming revenue distributed transparently.

  • Digital Platforms: OTT subscription and purchase revenues shared with token holders.

  • Merchandise & Fan Art: Additional revenue from digital and physical goods sold to fans.

4.2. Verification & Reporting

  • Auditing Partners: Collaboration with accounting firms for verified financial reporting.

  • Integrated Platforms: Users can track revenue flows in real time.

5. Decentralized Governance with DAO

The Double N DAO empowers token holders with decision-making authority over key aspects of the ecosystem.

5.1. Voting Mechanism

  • Snapshot-Based Voting: Voting rights allocated based on token holdings.

  • Approval Thresholds: Decisions require a minimum percentage of circulating tokens to vote.

5.2. Governance Scope

  • Prioritizing projects (e.g., film production, NFT initiatives).

  • Determining platform revenue reinvestment strategies and discount rates.

6. Integrated dApps

Double N leverages decentralized applications (dApps) to maximize functionality and engagement.

6.1. Double N Marketplace

  • Token Exchange: Facilitates trading of Double N, Double N-A, and other project tokens.

  • NFT Marketplace: A hub for fan-driven NFT transactions.

6.2. Transparency Tools

  • Revenue Tracking: Provides real-time data on project progress and profit sharing.

6.3. FilmFi Portal

  • Crowdfunding Platform: Gateway for project-specific funding.

7. Sustainable Ecosystem Growth

Double N prioritizes long-term growth through strategic initiatives and partnerships.

7.1. Expanding Partnerships

  • Global Entertainment Partners: Collaborations with film studios and distributors.

  • Technology Partners: Partnerships with blockchain solution providers.

7.2. Enhancing Fan & Investor Engagement

  • Global Community Building: Strengthening connections between fans, investors, and creators.

  • Continuous Innovation: Exploring new creative projects & fan-centric content.

8. Blockchain Structure

Double N operates on a Proof of Stake (PoS) blockchain, where stakeholders (DNN holders) maintain network security and validate transactions.

  • Staking Mechanism: Participants stake DNN to secure the network and earn rewards.

  • Block Production: A block producer is selected based on staked DNN, ensuring fair participation.

9. Maintaining Price Stability with a Decentralized Price Oracle

Double N utilizes a decentralized price oracle and Supply Decision Algorithm (SDA) to adjust token supply dynamically.

9.1. Expanding the Supply

  • SDA identifies the required additional supply to stabilize prices.

  • Stakeholders vote on supply expansion using staked DNN.

  • Newly issued tokens alleviate upward price pressure.

9.2. Contracting the Supply

  • SDA determines supply reduction requirements.

  • Bond Issuance: A 14-day bond auction offers guaranteed interest rates.

  • Buybacks & Token Burns: The treasury buys and burns tokens until price stability is restored.

10. Supply Decision Algorithm (SDA)

The SDA dynamically regulates supply based on market conditions.

10.1. Key Functions

  • Market Detection: Analyzes liquidity, transaction volume, price volatility.

  • Dynamic Supply Adjustment: Uses machine learning for optimal supply changes.

  • Consensus-Based Implementation: Decisions validated via Proof of Stake (PoS).

11. Incentives for Double N Stakeholders

Stakeholders play a crucial role in maintaining network security and stability and are rewarded through multiple mechanisms.

  • Transaction Fees: A portion of transaction fees is distributed to stakers.

  • Seigniorage Rewards: During supply expansions, newly minted DNN is distributed among active stakeholders.

  • Revenue Sharing: Profits from Double N-A ecosystem and related platforms are distributed as dividends.

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Last updated 2 months ago