Thu. Oct 28th, 2021
    Freecyclopedia, Free TON

    The first stage of the Freecyclopedia contest aiming to create specifications for a decentralized Wikipedia governance model is over. A total of 11 submissions were submitted and 128 votes were given (average score — 5.56). Free TON HOUSE tells you more about it.

    According to the contest terms, the prize fund of 165,000 TONs will be divided among the participants, whose works will take the first 10 places. However, only 7 submissions scored the minimum number of points to qualify for the reward (4.99).

    First place

    The highest score of 9.91 was given to submission #3.

    The result of this work is a thorough document of 90 pages in English and Russian with a detailed description of the decentralized electronic encyclopedia mechanism, with no vertical hierarchy or ranks.

    Each participant has a reputation — a characteristic that reflects his contribution to the platform’s development. Depending on the reputation level, any user has access to the roles of author, editor, initiator, and administrator. And based on the area of experience, there is also the opportunity to become a jury member and evaluate articles — voting is considered the main indicator of the quality of high-quality work.

    The interaction is based on economic mechanisms that offer rewards for work done and penalties for damage done. All economic interactions are built on smart contracts of the decentralized network using its own token — Freecyclopedia coin (FCC). This is a TIP-3 standard token in the Free TON blockchain.

    As one jury member noted, the plan is so clear and detailed that Wikipedia should start worrying. However, another jury member pointed out that the proposed mechanism is quite complicated in terms of implementation and some points need to be reviewed and improved.

    Second place

    Submission #9 scored 7.9 points.

    The WikiChain Project is built on a rating system that combines Proof-of-Stake and Proof-of-Work algorithms. Some mechanics are based on Byzantine Fault Tolerant Governance ideas.

    The author identifies the following advantages of his decentralized model:

    • multilevel protection from bureaucracy;
    • high-level of competence of active participants;
    • accounting and remuneration system;
    • reliable audit and consensus method.

    We do not consider Free TON to be the only blockchain that could form the basis of the WikiChain Project. However, it is Free TON that is closest to the ideology of true decentralization and can guarantee the fulfillment of all tasks like no other blockchain.

    The opinion of the jury: the author’s ideas deserve attention, but not all aspects have been taken into account, the project needs to be developed in more detail.

    Third place

    Submission #10 got into the top three (final score — 7.36). 

    The author proposed a unique concept: to combine each article of the electronic encyclopedia with its own NFT (more precisely, TNFT), which will be stored in the Free TON Drivechain.

    TNFT will be auctioned and can only be purchased with TON Crystals. This decision is obvious, as Free TON is the only blockchain that can currently support such a large-scale network as Freecyclopedia.

    The nicknames of TNFT owners will be displayed on the article page as its “patrons”. Each patron will have a personal profile — i.e., there will be a sort of social network created on the basis of the encyclopedia. Another interesting option: a user can buy an “empty” TNFT for an article that does not exist yet, and thus generate demand for it and put it up for auction (you can also create requests to improve already published articles).

    The judges almost unanimously noted the uniqueness of the concept. However, many pointed out that the specification lacked details, examples, and calculations.

    The remaining prizes

    The rest of the submissions, which scored over 4.99, also lacked details and calculations, although jury members were generally optimistic about the proposed solutions. According to the contest terms, however, it was necessary to develop a detailed specification, not just present the concept at the level of ideas.

    • The author of submission #11, which scored 7.18 points, deliberately avoided the rating system. He believes that it is more productive to rely not on average coefficients, but on assessments of work results at each specific moment. This will allow newcomers to have an equal opportunity with experienced participants, and old-timers to take more responsibility for the content they create. Each project participant will have access to the roles of the author, editor and judge, and all materials and edits will be accepted by voting.
    • Submission #5 (final score — 5.91 points) offers solutions to all 11 key problems of Wikipedia, which were described in the terms of the contest.

    But this is not a detailed specification, the work is more theoretical than practical.

    • Submission #8 (5.36 points) refers to Everipedia, an existing decentralized online project that runs on the EOS.IO blockchain, and offers its vision on how this could work based on Free TON. For example, it links the encyclopedia’s database to Free TON on-chain storage structure, which should make it easy to split and merge articles while saving the history of previous editions.
    • The seventh place was taken by the author of the submission #7 (average score — 5.25). He proposed an unusual idea for decentralization: instead of one big project to create several smaller thematic electronic encyclopedias that would unite people with common interests. Another original solution: two types of tokens. Attention Token, which will help the community to focus on a specific topic, and Reward Token, which will be used in decision-making.

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    Congratulations to the winners, we thank all the participants and look forward to the announcement of the next stage of the contest — the implementation of the proposed ideas.

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