📝4.Plan
4.1. Meta Carbon Economic Model Design Concept
Design Concept：Innovative ideas and technologies are used to innovate the traditional e-cigarettes industry, turning consumption into investment to create value for the external society.
Principles：
Ø Turn Proof of Work into Proof of Consumer Behavior
Ø Turn proof of consumer behavior into proof of investment
Ø Adopt the whole life cycle deflation model - "BLOG"
Ø Part of revenue will be used to buy back or destroy MIST
Goals：
Ø Increase trading experience through all-inclusive AMM
Ø Reduce token selling pressure through long-term lock-up
Ø Increase the utility of locked tokens through governance control
Ø As an underpinning funds for market value management
4.2. Economic Model
4.2.1. Mining Mechanism
Participation Qualification: Purchase Mist disposable e-cigarettes
Mining Mechanism：
Scan the QR code on the top of the box, download and install the Mist App, and register to activate the e-cigarettes。
Each e-cigarette matches treasure blind boxes with a chance to open one of them after smoking for a certain period/puffs. An attribute gem will be randomly obtained in the treasure blind box, which can be directly exchanged for a certain MIST or combined into a higher-level gem for more MIST. All the exchanged MIST will be automatically distributed to your wallet, and the e-cigarette’s computing power is run out when all the boxes are opened.
Super Nodes: 5 MIST will be awarded for each Mist e-cigarette sold.
4.2.2. Lottery Mechanism
Participation Qualification：
Ø Mist consumers-users and partners
Ø Complete the white list task（Google list or Gleam list ）
Prize Pool (set as K)：Divide a certain amount of MIST monthly
Ø Setting rule for monthly prize pool K is inverse function：K = K` - a*K`/S
Ø K represents the number of prize pools to be set in the current month
Ø K` represents the maximum number of prize pools
Ø a represents prize pool sales adjustment factor
Ø S represents the total number of e-cigarettes sold for the current month
E.g., S=5000, K`=10000，a=50，K= K` - a*K`/S=9900
Quota of Lottery Participants: P (allocated according to the actual monthly participating users)
Ø According to the inverse function: P =（b/Nm+P`）*Nm
Ø P` represents the minimum number of participating users
Ø Nm represents the number of active users in the current month
Ø b represents the minimum number of lottery winners
E.g., Nm=2000, b =5，P=（b/Nm+P`）*Nm=105
Reward Rules:
The total number of users (P) who have won the lottery in the current period, will jointly draw the total prize pool (K), and a certain number of MIST will be randomly drawn by each person and distributed directly to the participants’ wallet.
Note: The lottery list is locked on the 28th of each month, and the winner list is announced on the 1st next month, and MIST are issued simultaneously. All lotteries follow the principles of openness, fairness and justice, and the distribution of MIST uses smart contracts, which are publicly available for inspection!
4.2.3. Meta Carbon Super Nodes Construction
Super nodes will provide a series of services for the Meta Carbon ecology, including ecological maintenance, city node verification, data collection, voting decisions, etc., and carry the responsibilities to build the Meta Carbon ecosystem and improve the global e-cigarettes blockchain value system.
Requirements for Super Nodes:
l Practitioners, salesperson, or operators with experience in 3C digital, e-cigarettes.
l Owning a fixed local consumer group for 3C digital and e-cigarettes
l With certain financial strength and the ability to expand market resources
Responsibilities of Super Nodes:
l Expand MIST cigarette city sales nodes
l Management (based on urban sales node management and miner community management)
l Responsible for supporting daily stocking of city sales nodes, assisting in node promotion, city density penetration, MIST cigarette and Meta Carbon branding
l Responsible for the daily operation and maintenance of the MIST miner community, including setting up the MIST miner community, formulating and implementing daily operation systems, planning, and implementing online community activities, and offline meetups
l Regularly publish project-related technical articles in the community and other influential media channels to boost the publicity of the project and vitality of community
l Cooperate with relevant marketing activities of MIST project initiators, and actively participate in the ecological construction
Incentive Mechanism:
l Give priority to using the super node pre-start fees (including currency + tokens) provided by MIST project initiators
l Attend the occasional global meetup roadshows of the MIST project initiators, and corresponding cost support will be provided (such as air ticket and accommodation costs)
l Enjoy a certain amount of monthly expense allowance supported by MIST project initiators
How Super Nodes Follow This Reward Mechanism:
l Conditions: Complete the node expansion tasks as per the project requirements according to the specified assessment period
l Process: Responsible for implementation according to the specific requirements of the project initiators
l Result: After completing the tasks specified by the project party, you will get the subsidy
l Reward model: = {sales quantity*5*number of wins}
u If fraud occurs, we will firstly figure out where it happens, and then notify the community and vote. Confiscate 25%, 50% or 75% of the reward of the stage of the super nodes depending on the fraud degree
4.3. Meta Carbon Product：The World's First Web3 E-Cigarettes
4.3.1. Web3 Smart E-Cigarettes
Using the Internet of Things technology to intelligentize the traditional e-cigarettes, and it can realize the intelligent and systematic application of various scenes with the mobile phone client software and data server. Compared with traditional e-cigarettes, smart e-cigarettes construct various scenes of smoking behavior through the connection with mobile phones and the internet (such as games, social networking, lottery, etc.), turning smoking into a fun trip.
For e-cigarette brand enterprises, they can gradually accumulate huge user groups, and further analyze customer psychology by obtaining feedback from smokers to help continuously improve products and provide better services. At the same time, they can also cooperate with other relevant service platforms to empower third-party platforms.
There are two main types of MIST e-cigarettes, disposable ones, and replaceable ones, mainly added version 5.0 Bluetooth LE based on traditional e-cigarettes basic functions and chips built-in ARM M3 32-bit high-performance core to not only ensure the distance and stability of Bluetooth communication, but also to control the cost and power loss.
A disposable e-cigarette adopts high-capacity battery and is optionally equipped with a Type-C charging module, anti-blowback intelligent counting airflow sensor, and chips with special ASIC, which are characterized as low cost, low power consumption but high-performance features to work within a wide voltage range. Features such as under-
voltage protection, short-circuit protection, over-temperature protection, constant voltage output control, airflow sensor identification circuit are integrated internally range.
Apart from adding 5.0 Bluetooth LE, a replaceable e-cigarette also has a built-in cartridge authentication encryption chip on the cartridge to achieve:
1. Two work modes greatly decrease the external costs
2. Support forward and reverse insertion to improve user experience
3. Ultra-low power consumption as low as 300nA with little energy consumption
4. Short authentication period less than 20ms, ASD single and total threading protocols
5. Support counting and built-in EEPROM
6. Unique authentication mechanism to prevent the recycling of cartridges
7. Small package with minimum size can reach 1.5 * 1.5
8. Ultra-low cost, reducing the cost proportion of anti-counterfeiting demand to the whole machine
In terms of smart counting, smart e-cigarettes use the airflow sensor to count via firmware editing. Smoking data is saved on the hardware and will be automatically uploaded when a DApp is connected.
4.3.2. DApp
DApp, developed by Meta Carbon R&D team, mainly uses blockchain technology to record and confirm the ownership of carbon emissions reduced by users using e-cigarettes and generates digital assets through smart contracts and accurately stores them in personal distributed accounts to finally return and reward e-cigarette users the value of digital assets.
Main Functions of DApp：
Ø Recording the puff, time, and frequency of smoking
Ø Analyzing user habits and data
Ø Calculating the carbon emissions reduced by smoking
Ø Recording the number of tokens generated by smoking
Ø Managing and transferring personal digital assets
Ø Checking Meta Carbon product system；
Ø Viewing project data, project dynamics, project community, etc.
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