The work market today is broken.
For employees, it’s difficult to discover the right job, and finding meaning at work is even harder.
On the other hand, companies must deal with high turnover and low engagement.
The Work Metaverse (the WoM) aims at addressing both of these issues through a new decentralized working paradigm.
An ERC20 token, Meed, is the WoM’s currency.
Users may be rewarded with Meeds when participating in engagement programs. They can make purchases in the company’s store, buy Deeds, invest them and earn a financial return.
Meeds are minted continuously.
A non fungible token (NFT), Deed, is used as a title of ownership in the WoM.
The Deed allows its owner to enjoy a variety of services, such as the use of a digital office powered by Meeds software or the right to receive minted Meeds.
The Deed is an organization’s digital existence in the WoM.
A Xeed is a user’s decentralized digital identity in the WoM.
Users may store W3C Verifiable Credentials in their identity wallets, which they can then share to prove their expertise.
At all times, the user retains complete control over their data and has the option to decide what is shared.
The WoM introduces an innovative distribution “mintium” model, aligning work and capital interests.
In particular, it offers work engagement access to capital and investment, with no initial capital required.
It also offers rewarding investment strategies to capital owners, encouraging longer term, value generating investment.
1. Earn your first Meeds by engaging with the builders community and/or any other Deed.
2-4. Then stake your meeds so that you can get points. Redeem your points to get a Deed.
5. Once you get your Deed – sell it or rent it to get passive income.
1-3. Buy Meeds, with half of your investment capital, invest in liquidity pools and start farming.
4-6. Stake what you mint, get points and redeem them for Deeds.
7-8. Use or rent your first Deed, to get more Meeds. Sell your second Deed and reinvest.
What’s in it for workers?
Your digital identity is less subject to bias – your skills are recognized and verified, you own them and can prove them.
Your engagement is rewarded in Meeds, on the base of clear transparent rules. You get your Meeds in your blockchain wallet – they cannot be taken away.
Your work engagement can give you access to the metaverse property – a Deed’s ownership.
What’s in it for employers?
You get compensated for participating in the WoM, through an innovative “mintium” model.
Your capital is rewarded in multiple ways and gets your access to the metaverse property – Deeds ownership.
You get access to an engaged employee pool with proven digital skillsets.
Read our white paper on Mirror.
The paper expresses our vision, details the relationship between the different stakeholders, explains the tokenomics and the investment strategies and outlines the roadmap.
Discover our Investors App.
There you can follow Meed’s price, stake your Meeds to get Deeds and farm your Meeds via liquidity pools.
Help us build the WoM, by joining the Builders community.
Discover the services that are associated with a Deed, participate actively and receive minted Meeds in return for your engagement.
