ENDORSIUM is a Web3 ecosystem built on The Open Network (TON) where you can tokenize your attention into Endorsium tokens (EDRSM). These tokens are the base of the alternative circular economy built by ENDORSIUM and give you the power to compete for real luxury goods and services - independently of their price.

ENDORSIUM is represented by the ENDORSIUM Association, a non-profit organization registered in Geneva, Switzerland. Its purpose is to promote innovation, creativity and the transmission of craft and heritage in the luxury sector through new technologies.

No. ENDORSIUM is an independent project with its own protocol, token and governance structure.

Open the ENDORSIUM Mini-App on Telegram and follow the steps - our bot is there to support you and guide through the mechanics of our Mini-App. There is no special hardware and no download required to begin.

In our universe endorsing is being active within the app and interacting with it. Being active creates attention (measured in Attention units), and this attention can be tokenized – by giving it to the platform and receiving the Endorsium token (EDRSM) via the swap mechanism.

Au - Attention units - the “points” used to measure the attention users create when actively endorsing.

Attention is created at a certain rate and can be boosted by referring friends and building a team.

On everyday basis users decide how much attention they would like to give to the ecosystem to compete for the Endorsium token reward. The individual reward available is defined by the individual share of contributed attention among the total attention committed from all the users during a given cycle.

To mine the token the user needs to tokenize the attention. Give attention units to the platform, and the weight of this attention contribution in a given cycle will define the Endorsium token allocation. In the following cycle the user can swap the available tokens and receive EDRSM in TON wallet. Open your Telegram Mini-App and swap your EDRSM for a symbolic amount of Gram.

Since mining process is available through the swapping mechanism, the cost to mine your EDRSM and to swap is a symbolic amount of Gram.

You can swap any amount between 0.10 and 10.00 GRAM. Every user decides on their own how much of the Gram they are willing to swap for.

Competitions are auction-like events where users can use their Endorsium tokens (EDRSM) to compete for real luxury goods and services. The tokens spent there are recycled back into the reward pool (the Hourglass principle), so they can be mined again.

Currently Auctions are in development.

The launch is planned in the Phase II of the Roadmap.