|All Time High:|
|Market Cap: |
|The price of #BOSON today is $0.23 USD.|
The lowest BOSON price for this period was $0, the highest was $0.233, and the exact current price of one BOSON crypto coin is $0.23297.
The all-time high BOSON coin price was $4.92.
Use our custom price calculator to see the hypothetical price of BOSON with market cap of ETH or other crypto coins.
|The code for Boson Protocol crypto currency is #BOSON. |
Boson Protocol is 1.5 years old.
|The current market capitalization for Boson Protocol is $22,636,149.|
Boson Protocol is ranked #424 out of all coins, by market cap (and other factors).
|There is a medium daily trading volume on #BOSON.|
Today's 24-hour trading volume across all exchanges for Boson Protocol is $855,200.
|The circulating supply of BOSON is 97,164,040 coins, which is 49% of the maximum coin supply.|
Web3 Network Effects: Leveraging Power Users
How tokenized ownership turbocharges Web3 adoption Web2 platforms like Kickstarter, Udemy, and Skillshare scaled by getting power producers onto the platform early on. These producers, in turn, onboarded their followers as consumers, some of whom, then further converted into producers and a cycle of user acquisition and ever-increasing network effects started building up. Owing to tokenized ownership, Web3 platforms can turbocharge power user strategies. As centralized ownership of the platform decreases, power users play an increasingly important role by driving growth of the platform and reaping the ensuing gains. This essay provides a teardown in one of the most important Web3 strategies: Leveraging power users. Specifically, this essay explores 6 strategies for leveraging power users to bootstrap and scale Web3 platforms. Piggyback Web2 social graphs, Structure the token model to attract power users based on network activity needs, Structure power governance for power users, Target power users using NFT signalling, Leverage power users for viral growth through memetic spread, Drive flywheel effects through integrations, This article is part of the upcoming Web3 Bootstrapping Playbook. Sign up here to get early access to the playbook when it launches: SIGN UP TO GET EARLY ACCESS — Why power users matter - Power users play a key role in the creation of network effects. Not all nodes on a network are equal, s...
Boson Protocol v2, Web3’s Commerce Layer to launch on Polygon
We are thrilled to announce that Boson Protocol v2, the breakthrough technology enabling digital to physical redemption without intermediaries is launching on Polygon. Polygon is a leading Ethereum scaling platform that enables developers to build scalable user-friendly decentralized apps (dapps) with low transaction fees and without sacrificing security. Boson Protocol solves the problem of fair exchange within e-commerce, without the need for trusted intermediaries or counterparties. Instead, Buyer and Seller make commitments to trade within smart contracts encoded with game theory and tokenized as redeemable NFTs. Buyers have the assurance that either they can redeem the NFT for the physical item or get their money back.“Decentralized commerce is primed to be a strong adoption driver and powerful enabler of new applications. As one of the leaders in decentralized commerce, we’re thrilled that v2 of Boson Protocol is launching on Polygon” — Brian Trunzo, Metaverse Lead, Polygon. The key part of the protocol is the core exchange mechanism subsystem that handles the exchange of the on-chain value for the off-chain value between two parties. The protocol provides other features through a set of functional and optional protocol modules. Justin Banon, Co-Founder of Boson Protocol says, “We are launching Boson Protocol v2 on Polygon because it gives us significantly lower transaction costs and higher throughput. I...
General AMA & DAO Vote #3 — Setting Protocol Fee
General AMA & DAO Vote #3 — Setting Protocol Fee - Thank you for joining our General AMA with Justin Banon Co-Founder of Boson Protocol & Jonas Seiferth our Web3 Director. See the summary below of the AMA that took place Friday 19th August in our Discord channel. Justin & Jonas discussed setting the Protocol fee and how you the $Boson holder can take part in deciding the final fee via the Snapshot vote which is live now running from midnight August 22 and closes midnight August 26 (UK time) CLICK HERE TO VOTE NOW make your voice heard. Please see below the transcript from our AMA in Discord to help inform you in making your decision. ___________________________________________________________________ Proposal Details: Protocol Fee Parameter setting This vote will be a single-choice vote. The three options to vote on are: Option A — 0.5% Protocol fee, Option B — 0.6% Protocol fee, Option C — 0.7% Protocol fee ________________________________________________________________, Justin - Hi @everyone 👋 Jonas - We’re here to discuss the governance proposal about setting the Protocol fee (read more here medium.com). The upcoming DAO vote on the Protocol fee will be the most significant one in Boson’s governance history and we’re here to answer any questions that the community has. We’re also happy to answer any questions around the recent v2 whitepaper release and the subsequent blo...
Boson Protocol DAO Vote #3 -Setting Protocol Fee
Have your say in the next Boson DAO vote Introduction Boson Protocol is launching v2 of the protocol, after months of intense protocol design upgrades, the foundational primitive for decentralised commerce is almost here. Boson Protocol v2 will enable the trust-minimised and automated exchange of off-chain assets, by tokenizing commitments to trade as redeemable NFTs (rNFTs). For Boson Protocol to be self-sustainable, fees will be introduced for executing transactions on the protocol. Boson Protocol v1 didn’t include a Protocol fee and was free to use. After the successful v2 launch the Protocol fee is going to be an essential part of the protocol. Following our decentralisation roadmap, Boson is on the verge of being decentralised to the point that it will sustain its own community of builders and contributors. In order to achieve this, an income in the form of a Protocol fee will flow into the DAO to be distributed later through the governance process to the community. This is one of multiple votes that will happen in the near future around the Boson Protocol v2 launch. We invite everyone who holds $BOSON tokens to vote on one of the fee structures and decide which one is going to be implemented by the end of the voting period. ___________________________________________________________________ Executive Summary V2 of Boson Protocol allows for the setting of a Protocol fee, see Page 33 in the v2 Whitepaper. The Protocol...
High level introduction to the design of Boson Protocol
What is Boson Protocol - Boson Protocol v2 is a decentralized optimistic fair exchange protocol, which enables the trust-minimized, automated exchange of off-chain assets, whilst tokenizing commitments to trade as redeemable NFTs. — Introducing Redeemable NFTs - Boson Protocol enables the tokenization, transfer and trade of any physical thing as a redeemable NFT. Boson is an optimistic fair-exchange protocol which enables the decentralized commercial exchange of any physical thing, without centralized intermediaries or trusted counterparties. Instead, Buyer and Seller make incentivized commitments to trade, via smart contracts encoded with game theory and tokenized as redeemable NFTs. The Redeemable NFT module is an NFT smart contract that provides redemption functionality alongside the ERC721 NFT features. The purpose of the module is to manage the lifetime of the rNFT between the time a Buyer commits to buy an item, and the moment of redemption. Redeemable NFTs (rNFTs) can be thought of as forward contracts for physical things, programmed within smart contracts. rNFTs can be held, transferred or traded like any other NFT. — Game theory in Boson Protocol - Boson uses game theory to incentivise good behaviour and mutual resolution of disputes. As an exception, disputes can be escalated to independent or decentralized resolvers. Thus providing the bearer of an rNFT with strong and credible assurance, that either ...
Boson Protocol extended Tokenomics Information
On April 9th 2021, Boson Protocol successfully concluded its public token sale. Here is more information about the Boson token. This post covers: A quick Boson Protocol intro, Tokenomics, Token Release Schedule, Public Token Distribution, What is Boson Protocol Boson Protocol is Web3’s commerce Layer, enabling the decentralized commercial exchange of any physical thing as redeemable NFTs. No need to trust centralised intermediaries or sellers. Instead Boson is an efficient, optimistic, fair-exchange protocol built using smart contracts encoded with game theory, with escalation to independent dispute resolvers. Simply purchase the redeemable NFT and get the physical item, or your money back. You can read our latest v2 White Paper. About Tokenomics Tokenomics is an important subject within the world of crypto and currently carries different meanings for different people. Some view it as “the study of how cryptocurrencies work within the broader ecosystem,” while others see it through a more narrow prism, as “the understanding of supply and demand characteristics of a given crypto asset”. While we subscribe to the broader definition and believe Tokenomics to be one of the critical foundations for the success or failure of a token and ultimately the ecosystem that it powers, this post focuses specifically on the supply distribution and allocation aspects of boson tokenomics that cater to our broader community. Ov...
Introducing Boson Protocol v2, launching in Q4
Web3’s Commerce Layer In this article we introduce the core concepts driving the planned upgrade to the Boson web3 commerce infrastructure, outlined in the recently published whitepaper, which you can download here — TL;DR - Boson Protocol v2 is the foundational primitive for decentralized commerce, which enables the trust-minimized and automated exchange of off-chain assets, by tokenizing commitments to trade as redeemable NFTs. Boson has been widely recognised as a technology pioneer with the potential to transform the existing fractured and monopolistic e-commerce landscape, into a single digital market for physical things, built on Web3. In July 22, we unveiled the v2 design and whitepaper at EthCC in Paris.Boson v2 whitepaper unveiling at EthCC Boson v2 launches at the beginning of Q4 2022, and will enable anyone to sell physical items as NFTs in a decentralized way. — The problem with Smart Contracts - The purpose of smart contracts is to automatically execute agreements, ensuring compliance with contractual terms, whilst minimizing exceptions and displacing intermediaries. Despite this promise, smart contracts are inherently disconnected from the real world. Smart contracts are unable to view the real world on their own, because they cannot trust external data sources. Instead they require data oracles in order to trust off-chain data. Similarly, smart contracts cannot reliably affect the real ...
Web3 and the revenge of the long tail
How blockchain-based protocols enable niche market activity The early promise of Web2 was built around the argument of the long tail. Back in 2006 — the early days of Web2, when Facebook was still a dorm room phenomenon and Yahoo was making fun acquisitions in user-generated content — Chris Anderson published his NYTimes bestseller “The Long Tail”, arguing that the internet would empower niches in the long tail. And that, by extension, business value would shift away from a few ‘fat/short head’ categories and migrate to many niches across the long tail. That future didn’t really play out as expected. Instead, over the next 15 years, we’ve seen large platforms aggregate niche market activity and increasingly centralize value away from these niches. But with the rise of blockchain-based protocols, we may finally have the necessary business architecture and economic incentives to drive value in niche market activity. In the coming years, we’ll finally see the ‘revenge of the long tail’. This essay looks at: The long tail fallacy — what long tail proponents got wrong about Web2, How Web2 network effects exploit the long tail, Five factors that enable web3 protocols to support niche markets, Gaining early adoption in niche markets through Web3-native use cases, Role of scarcity in driving niche market activity, Role of composability and interoperability in enabling the long tail, NFT-...
Web3 network effects: Designing for forkability
Strategizing for composability and forkability Composability and forkability are two sides of the Web3 competitive strategy coin. On the face of it, they seem directly opposed. Composability — the ability for Web3 building blocks to be combined and assembled in different combinations and configurations — enables greater innovation around your protocol, allowing more value to accrue to your protocol as more innovation happens around it. On the other hand, forkability siphons value away from your protocol by enabling competition with minimal switching costs. Traditional competitive strategy would recommend that projects embrace composability and design against forkability. It’s tempting to jump to that conclusion. Instead, I believe that Web3 platforms need to actively design for both composability and forkability in order to create enduring competitive advantage. Designing for composability is obvious. Designing for forkability is counter-intuitive. But that’s where this gets interesting! Let’s dig in! — Rethinking competitive advantage - Web3 ecosystems are naturally geared towards high competition. Forking is easy and inevitable. A project that validates an opportunity creates an ever growing incentive for competition. Forking, interoperability, and the possibility of vampire attacks create an entirely new competitive landscape in Web3. While the innovation possible through composability will drive...
Boson Portal Partners With Artpool To Launch Exclusive Phygital NFT Drop
The partnership will include the unveiling of an immersive exhibition by multimedia artist, Gianni Lee Boson Portal, a customisable marketplace platform for metaverse experiences and metaverse commerce powered by Boson Protocol, today announced it is partnering with Artpool, a first-of-its-kind curator-driven NFT platform. In addition to the premier of Artpool’s first ever members-only phygital NFT drop, this partnership will see the launch of a new immersive exhibition by renowned multimedia artist, Gianni Lee. Explore the gallery and phygital products by entering Portal, powered by Boson Protocol in Decentraland here. The drop, titled ‘Persephone’, is a collection of NFT artworks including nine phygital items designed by Gianni Lee, and Rally Director of Fine Arts, Tam Gryn. Phygitals are physical items that are represented as NFTs which can also be traded and transferred like any other NFT or digital asset. The drop will be available for the public to view in Decentraland at the Boson Portal Gallery, and holders of a Friends of Artpool membership NFT card and Cryptowalkers community members will have exclusive access to the presale of the items that are featured in the collection. The exhibition will take place at Artpool gallery in Decentraland showcasing the items, with a pre-sale access on June 28 at 2pm UTC before the drop goes public on June 30, same time. Justin Banon, Co-Founder of Boson Protocol, said: “NF...
More Boson Protocol (#BOSON) News
|Tommy Hilfiger to Showcase Spring 2022 Collections and NFT Wearables at ...
On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with a 'digital retail platform' that features Tommy Hilfiger-crafted NFTs.American Fashion Designer Tommy Hilfiger Is 'Inspired by the Power of Digital Technology'
At the end of February, Decentraland, the virtual blockchain metaverse, announced the project's first Metaverse Fashion Week (MFW) would take place this year. Additionally, Decentraland mentioned that visitors would see appearances by Dolce & Gabbana, Selfridges, Jacob & Co, Franck Muller, Garrett Leight, Cavalli, and The Fabricant. It was also noted at the time that the American fashion design firm Tommy Hilfiger would be in attendance. On March 21, Tommy Hilfiger explained that joining the Decentraland MFW represents the 'brand's focus on digital innovation and exploring new consumer channels.'
Tommy Hilfiger further detailed that it partnered with Boson Portal, a metaverse marketplace that offers a 'virtual lifestyle and cultural playground located in Decentraland.' The announcement on Monday notes that a Tommy Hilfiger store will be located within Boson Portal. Interestingly, the items from the Tommy Hilfiger store are purchased as non-fungible token (NFT) assets, but owners can redeem the NFTs for 'physical products delivere...
|Blockchain gaming incubator Seedify gets investment from NGC Ventures
NGC Ventures, a crypto-focused investment firm, has announced a partnership with Seedify, a blockchain gaming incubator and launchpad. This strategic investment will drive Seedify’s expansion within the blockchain gaming arena and the wider metaverse.
As a first-mover in the space, Seedify is a platform for IGOs (Initial Game Offerings) and effectively facilitates these launches with detailed verification processes for the participants and allocated tier systems to take part in private and seed rounds.
Some notable IGOs executed include strategy-based land building metaverse, Cryptoblades Kingdoms, play-to-earn NFT space game, SIDUS, real-time multiplayer PVP arena NFT game, Cryowar, and metaverse VR experience, Bloktopia.Interested participants are given the exclusive opportunity to participate in these IGOs and buy in-game tokens prior to launch.
'We are thrilled to support a next-gen gaming launchpad like Seedify that has the potential to truly revolutionize the e-gaming space and bring a new level of value to gamers and developers.”
- Roger Lim, NGC Venture’s Founding Partner
In addition to the financial investment, NGC Ventures will also be working closely with the team in building out the strategic pipeline — supporting the incubation and growth of new gaming projects for optimal impact. “Blockchain has transformed the gaming industry for developers and users alike, offering a new world in which we can virtually exist, earn and meaning...