a web3 protocol BUILT FOR

PERPETUAL GROWTH

Discover OUR VIRTUOUS CIRCLE

Our Architecture

The Open Network (TON)

As a community-based project, the ENDORSIUM ecosystem relies on adapted digital technologies.

We aim to diffuse beauty, and diffusion is about communication - which is the reason why we chose to deploy the ecosystem on The Open Network (TON), a blockchain integrated in Telegram.

TON is built to be highly scalable and to offer a premium user experience, which fits with our purpose.

Powered by Telegram

Built on the billion-users messaging/social media cloud-based mobile and desktop app with a focus on security and speed : Telegram.

ENDORSIUM Association

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The Endorsium Association is a registered non-profit in Geneva, Switzerland. Its purpose is to promote innovation, creativity and the transmission in the luxury sector, especially by developing and leveraging new technologies and digital applications.

Articles of Association

EDRSM Utility Token

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EDRSM is the native utility token of the ENDORSIUM ecosystem. It is the tokenized form of attention that unlocks a new revolutionary way to access beauty and luxury.

ENDORSE.

tokenize.

COMPETE.

REPEAT.

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Endorse and create attention

Once you have joined our Telegram-based Mini-App and discovered our universe - it is time to endorse!

Be active within the ecosystem - the attention that users create on the platform when participating in the activities of the ecosystem is measured in Attention units (Au).

Tokenize your attention:

First: Give it.

Commit a part - or the totality - of your Attention units to the system daily pool. This will define your individual token reward, which is dependent on the share of your attention contribution among the total attention received by the system in a given cycle.

Then: Tokenize it.

Once the cycle is over your EDRSM tokens become available - swap the token for symbolic amount of Gram to receive the EDRSM in your TON wallet.

Compete for the exclusive offers

The Endorsium token is used to compete for any product or service offered by the Auctioneers once the competitions will be live. Bid the maximum tokens to get the prizes you desire.

PROTOCOL PARTICIPANTS

  • Miners

    Miners contribute their attention to the Endorsium ecosystem and are rewarded in EDRSM according to their relative participation. They are the back bone of our open economic model.

  • Auctioneers

    Auctioneers bring desirable goods, services and experiences to the Endorsium ecosystem. By attracting EDRSM through their auctions, they generate impact, fuel the future EDRSM rewards and receive a share of the symbolic contributions.

  • Bidders

    Bidders use their EDRSM to compete for goods, services and experiences independently from their financial value. They also act as signals of attractiveness, collectively determining the relative impact of auctioneers offers within the ecosystem.

  • Interfaces

    Interfaces make Endorsium protocol accessible across platforms, brands and communities. By creating points of interaction with the protocol, they actively participate to expand the ecosystem and receive a share of the symbolic contributions.

Hourglass
Recycling Principle

The tokens used for their utility are fully recycled - they can be re-mined again, floating back to the reward pool as if in an hourglass - the definition of the fundamental principle of the protocol.

FAQ

  • 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 digital 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. EDRSM is released daily at a fixed rate, and the individual reward available to mine is defined by the individual share of contributed attention among the total attention committed from all the users in 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.

To learn more consult our Whitepaper

Whitepaper