🏦Economy

Agents

Before getting into the details, here's a quick reminder of the various players who take part in Ta-da:

• Customers are companies that need data. They publish their needs on Ta-da and give money to pay the community.

• The community is made up of all our users around the world. They are paid to produce and verify data that meets customers' needs.

• The Ta-da platform that connects customers with the community. It puts in place mechanisms to facilitate exchanges, encourage users to behave well, and so on.

Economy

Money flow

Ta-da redistributes money from customers to the community. This section describes how the redistribution system works. This is an important feature that has significant effects on user incentivization and enables the creation of a complete game economy, which will be discussed in more detail in the following sections.

The diagram below shows the various cash flows through the application:

When a customer orders data on Ta-da, he pays in fiat. This money is converted into stable coin and distributed into four buckets: Ta-da's treasury, staking, the prize pool and the burn. Each time a user validates a task, the remuneration for the task is placed in the prize pool. The more tasks are validated, the larger the prize pool. Every week, the prize pool is redistributed to users in a non-linear way: the first users earn a large part of the pool, while the last ones earn much less.

Part of in-app purchases and lost deposits is reinjected into the prize pool. Another part is burned to create a deflationary economy and the rest is redistributed to the treasury and stakers.

Prize pool

As you can see, the prize pool is the backbone of Ta-da's economy. Below is a diagram of the different inflows of money which gradually increase the pool:

New jobs are customer money distributed to the community, it is one of the most important sources of income into the prize pool. Thanks to our gamification system, a second source of income comes from in-app purchases. As explained into Gamification, users are encouraged to buy items to be able to work more and therefore earn more. As indicated in the previous section, lost deposits are partially reinjected. Users' lost tokens therefore partially return to users. Finally, we also have the possibility of boosting the price pool thanks to our treasury during special events.

Token distribution

Every week, a prize pool is created. It is filled according to the activity on the platform. When a user validates a task, the task remuneration is put into the prize pool and he earns points. At the end of each period (weekend) a general user ranking based on points is made. The prize pool is distributed to the user according to the rank. Below is an example of a distribution function where the first users earn much more than the last ones.