Boson Protocol (BOSON)
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About Boson Protocol
Boson Protocol (BOSON) is a Web3 commerce layer that facilitates the tokenization, transfer, and trade of physical items as redeemable NFTs. It enables decentralized commercial exchange without centralized intermediaries or trusted counterparts. The protocol utilizes game theory and independent resolvers to assure NFT holders that they can either redeem the token for the physical item or receive a refund. This opens up possibilities for tokenizing real-world assets and creating digital twins and phygital bundles.
As the native utility token of the Boson ecosystem, $BOSON serves several purposes. It governs the protocol, incentivizes different participants, and allows for sharing value created within the ecosystem. $BOSON tokens are used for participation in the governance of Boson Protocol, ensuring consensus on critical decisions and the issuance of funds from the dCommerce DAO. The protocol implements a minimally extractive fee that accrues to the DAO treasury, aligning incentives and supporting network functionality and health.
Boson Protocol aims to be a decentralized public infrastructure for commerce that anyone can use and trust. It provides modular tools, including smart contracts, APIs, SDKs, and UI components, allowing developers to create commerce applications on the protocol. Through its community-driven governance, Boson Protocol aligns the interests of buyers, sellers, and builders, creating an inclusive and minimally extractive system while enabling the sharing of value among participants.
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