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Agoras is a cryptocurrency inTauIf you haven’t heard about Tau yet, it is the first ever decentralized blockchain social network that incorporates the thoughts, advice, and knowledge of its users, updates its own software in real time, and allows all users to control what the software does for them and how it evolves It is something that can be controlled at any scale.
In Tau, your profile, holding all your opinions and knowledge, is called your worldview. The sum of everyone’s worldviews will define the next version of Tau and bring the ability to create a new digital universe that everyone controls. The innovation of user control is also reflected inthe Agoras cryptocurrency; the Agoras cryptocurrency
cryptocurrency operated by users
Agoras cryptocurrency represents the value of everything you want to sell or buy on the Tau network, from global knowledge to computer resources. By participating in discussions on Tau and updating your own worldview as a byproduct, you can cooperatively and continuously influence all aspects of Agoras talkonomics, making it the first cryptocurrency that is completely run and modified by its users.
Agoras’ power lies in the ever-growing assets of the Tau economy. When you participate in Tau discussions, your worldview instantly registers and stores any personal knowledge you share. All this knowledge can be monetized. In the Tau economy, you can sell your knowledge, lend it to other users, or exchange it for other assets, allowing you to reuse your knowledge in multiple transactions to generate recurring automatic revenue.
Also, monetizing knowledge on Tau will be much easier than current traditional methods of monetizing knowledge, which require spending time manually to provide elaborate consultations or answer specific questions. Because Tau understands that even a portion of their knowledge can help solve someone else’s problem, they will be able to automatically combine the knowledge of multiple users to create solutions to critical and complex problems. This ensures that the knowledge acquired is 100% consistent with the buyer’s specifications. Tau understands what knowledge is needed on the network and who has it, so they may not realize that they have some of the knowledge someone is seeking and still be able to benefit from it.
Selling knowledge is not the only way to make money in Agoras; you can also exchange or rent resources that are sitting idle in your smartphone, laptop, or tablet, such as CPUs, hard drives, GPUs, and memory, for other assets in the Agoras or Tau economy. It will also be possible to exchange or rent other assets in the Agoras and Tau economies. While it may be nearly impossible to sell a fraction of a CPU in the traditional marketplace, in the Tau economy your computer resources will be valuable because they will be combined with the resources of billions of people, easily exceeding the power of all the servers of the largest tech companies.
On top of the knowledge and computer resources, Agoras will also include a derivatives market featuring financial instruments such as futures and options, with the unique ability to receive risk-free interest without the inflation of Agoras token supply.
Automatically Adjusted Transactions
Transactions will also be greatly improved as the network captures your individuality. Because Tau automatically represents you and operates according to your worldview, taking into account your philosophy, ethics, and aspirations, it automatically determines and creates the best deals for you, providing you with a competitive edge in the marketplace. This feature is called Autonomous Representation and allows you to automatically and intelligently negotiate with yourAgoraYou can automatically negotiate your agora, computer resources, financial assets, etc.
Tau allows you to make the deal you want without having to think about how to make the deal; you simply tell Tau the outcome you want, and Tau instantly creates an inter-trade pathway that will ultimately exchange the goods you have for the goods you want. The platform’s revolutionary logic AI engine also handles all related transactions automatically and autonomously.
with your needs in mind
Transaction fees, consensus mechanisms, supply casting or burning, token-based voting mechanisms, creative incentives for all users – everything in the Tau economy can be invented, proposed, and reorganized just by talking about what you want it to do.
Your opinion of how the world’s economy should work is constantly changing. Therefore, Agoras ensures that its economy takes into account your worldview and evolves with your wants and needs.
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