Introducing ENTOKEN
ENTOKEN is the native value unit of the ENTIFY network.
It is not created from speculation or debt.
It is the only possible TRUE STABLECOIN valued against a quantity of real GOLD.
1 ENTOKEN = 1mg of GOLD
It is created from:
- Verified assets
- Verified work
- Verified commitments
ENTOKEN exists to measure and move real value inside the network.
1. Asset-Backed Tokens
When a physical or digital asset is verified and tagged into the network, tokens may be created that represent its value.
Examples:
- Devices (such as the ENTIFONE itself!)
- Gold or precious metals
- Tools, equipment, or infrastructure
- Property or stored goods
Ownership is provable, transferable, and protected.
2. Work-Backed Tokens
When verified work is completed:
- By a verified identity
- At a verified location
- With verified witnesses
ENTOKENs may be minted as payment.
No invoices. No disputes. No intermediaries.
Work becomes objectively provable.
3. Promise-Backed Tokens
A commitment to perform future work may be tokenised:
- Clearly defined
- Time-bound
- Reputation-backed
If the promise is fulfilled, trust increases.
If it is broken, reputation decreases.
This enables honest credit without debt slavery.
Built-In Insurance by Design
Every asset tagged into ENTIFY automatically qualifies for baseline insurance.
How it works:
- Tokens of equivalent value enter an insurance pool
- Loss events are evaluated by verified juries
- Payouts occur automatically when approved
This removes:
- Complex insurance contracts
- Adversarial claims
- Profit-driven denial
Insurance becomes mutual protection, not exploitation.
Insurance Pool Balance Mechanism
ENTIFY maintains system stability through balance:
- If insurance pools grow too large → token minting slows or stops
- If payouts increase → pools rebalance naturally
- No infinite inflation
- No hidden leverage
Value is governed by reality, not policy.
The ENTIFONE: The First Tokenised Asset
The ENTIFY economy begins with a simple anchor.
When you acquire an ENTIFONE:
- You receive provable ownership
- Its value is recorded on the network
- Equivalent ENTOKENs are issued
This means:
- Communication
- Identity
- Banking
- Asset ownership
All begin with a single device.
The ENTIFONE is not just a phone.
It is economic genesis.
From Economy to Abundance
When:
- Identity is trusted
- Work is verified
- Insurance is automatic
- Waste is removed
The cost of living drops dramatically.
ENTIFY’s long-term objective is an abundance model where:
- Essential resources become free
- Land, food, water, and shelter are secured collectively
- Contributors are supported directly by the network
This is not charity.
It is efficiency.
A Human-Scale Economy
ENTIFY does not replace the existing economy overnight.
It coexists, integrates, and gradually proves itself superior.
- Local trade thrives
- Communities self-organise
- Global exchange remains possible
- Sovereignty is respected
Value flows where trust exists.