Strategy : Token Taxonomy Framework

[stephen-rowan]

1. The InterWorkAlliance: Token Taxonomy Framework

What would a Governance Token Template look like ?

[stephen-rowan]

1. The InterWorkAlliance: Token Taxonomy Framework - Detail

What would a Governance Token Template look like ?

UML Design

A Token Template can be designed using UML such as -

@startuml

actor owner #blue

entity token #red

collections roleMembers

owner -> token: GetRoleMembersRequest

token -> roleMembers: getMembers

roleMembers -> token: members

token -> owner: GetRoleMembersResponse

@enduml

online using a uml web server tool

(taken from Log Token Example Sequence Diagram)

Which serializes to a JSON file via a Remote Procedure Call (gRPC)

Token Control Messages appear to only use procedural or object oriented languages (Python, JAVA, C etc).

Formula Design

https://github.com/InterWorkAlliance/TokenTaxonomyFramework/blob/main/token-taxonomy.md#template-formula-and-definition

Taxonomy Workshops and Formulas

https://github.com/InterWorkAlliance/TokenTaxonomyFramework/blob/main/token-taxonomy.md#taxonomy-workshops-and-formulas

Suggest Starting with a simple membership token using the taxonomy-grammar

1. Describe membership (e.g. member, add-member, remove-member)
2. Select a base type (e.g. fungible, non-fungible, hybrid etc)
3. Complete taxonomy definition