Intro
Last updated
Last updated
The CALIUM Eco-System is designed to manage the supply and demand inflation of CALIUM, the core currency of CALIVERSE, by applying a strict formula to create a sustainable platform service. CALIUM is issued by providing liquidity, and if the issuance volume exceeds the standard supply, the system raises the price of Paid Issuance to manage inflation. This entire process is supported by blockchain technology.
The CALIUM Eco-System is scheduled for an update in January 2025, at which time the contents described in this document may take effect.
Traditionally, in the platform services where economic systems exist, the value of goods used tends to decline over time as they are issued infinitely, facing inflation as the service period lengthens. Moreover, not only in services but also in the real economy, there are numerous examples of inflation mismanagement, where currency values fall and entire Eco-Systems collapse.
However, as a global key currency, the US dollar might serve as a positive example of proactive government monetary policy in managing inflation. When currency circulation surpasses the economic growth rate within an ecosystem, the currency’s value decreases; conversely, when growth outpaces currency circulation, its value rises. This is all a natural phenomenon. The key is to maintain a proper balance between the economic growth rate of the Eco-System and the amount of currency in circulation to create a sustainable Eco-System.
For several years now, many blockchain products have aimed for full On-Chain services, but achieving mass adoption from a user experience perspective has been challenging. The primary reason Web 2.0-based services continue to dominate is that, technically, Web 3.0 is positioned as a horizontal expansion of Web 2.0, rather than a vertical progression. Each environment has its pros and cons, but since the philosophy and technical concepts of Web 3.0 have clear advantages in terms of reliability, transparency, and completeness, CALIVERSE has designed its project by effectively utilizing these elements.
In existing services, since the Product Life Cycle (PLC) is limited, companies tend to view services as a single product, and this dominant perspective makes such an approach difficult to find in services run by traditional companies. However, CALIVERSE aims to establish itself as the leading online metaverse service when the Web 3.0 Eco-System's bubble bursts, leaving only the true players.
As such, CALIVERSE has shifted the focus to sustainability not as a product with a limited life cycle but as a semi-permanent platform service.
The CALIUM Eco-System, integrated with blockchain, originated from this background. A sophisticated formula for positive inflation management was designed in relation to the economic system, and blockchain technology, which takes user experience into account, was introduced to demonstrate completeness in terms of reliability, transparency, and data integrity. As a result, it is structured by combining the strengths of Web 2.0 and Web 3.0 technology.
Hybrid Architecture
CALIUM uses the unit "Epoch" to roll up Off-Chain data onto On-Chain.
An Epoch represents 24 hours in the real world, essentially meaning one day.
Data rolled up On-Chain is considered "finalized" and therefore cannot be altered or tampered with in the future.
The finalized data from the previous Epoch is used to determine the Paid Issuance CALIUM price and reward CALIUM for the next Epoch.
On-Chain data includes all Liquidity flows, such as the New Issuance and burning of CALIUM, ensuring full "transparency" as anyone can view it.
Additionally, CALIUM's New Issuance and usage leverage Web 2.0 technologies to resolve user access and speed issues for better convenience.
Eco-Reward
Although most New Issuance of CALIUM is driven by Liquidity supply, at least 10% of New Issuance is redistributed as Eco-Reward CALIUM through a logic of Eco-System redistribution to support Eco-System growth.
In other words, as demand for CALIUM increases, the reward CALIUM allocated to the Eco-System also increases, fueling new user inflow and Eco-System growth.
Inflation Model Using Standard Supply
CALIUM’s Paid Issuance price is adjusted on an Epoch basis, comparing the Standard Supply with the Circulation Supply.
CALIVERSE applies logic to increase the CALIUM Price when the Circulation Supply exceeds the Standard Supply.
Of course, all of this is based on finalized On-Chain data.
By curbing Circulation Volume inflation, CALIUM ensures the Eco-System maintains its value and builds a sustainable economic system.
CALIUM will become a key asset connecting the Web 2.0 and Web 3.0 environments within the CALIVERSE Eco-System.
The introduction of the CALIUM Eco-System is the first step toward expanding CALIUM's reach into the Web 3.0 space, and it will gradually achieve milestones that enable full functionality on an On-Chain platform.
Throughout this process, CALIUM will contribute to building a sustainable Eco-System within CALIVERSE.
A collection of endlessly expanding possibilities, we may not know where it ends, but we can predict the key elements that shape the path forward. The CALIUM system functions similarly to a massive distributed processing system, where the more participants join, the more powerful it becomes. Each participant in the CALIUM Eco-System acts as an individual entity, contributing to the economy through their activities. In this process, the Eco-System naturally forms a positive feedback loop, with Liquidity and value continually in flux.
This loop is characterized by the following elements, showing a spiral-like growth in numbers:
The goal of the CALIUM Eco-System is to help form a virtuous cycle between users and content through the increase in CALIUM Issuance.
Phase 1
Before service launch, organize the Initial Issuance Volume of CALIUM for early contributors
Phase 2
Introduction of the CALIUM Eco-system (current phase)
Phase 3
Use of CALIUM within CALIVERSE's blockchain infrastructure (detailed information to be released later)
A next-generation metaverse that bridges Web 3.0 and Web 2.0, both on-chain and Off-Chain. CALIVERSE is built on Unreal Engine 5, combining hyper-realistic graphics and ultra-high-definition visuals. It offers quests that connect online and offline experiences, high-quality games, immersive virtual concerts, and virtual spaces for browsing and purchasing physical products. This GitBook covers detailed information about this Eco-System.
The COVID-19 pandemic has made the need for contactless platforms clear, and the metaverse, built on virtual spaces, has emerged as a promising solution. The concept of Web 3.0, where users create content, own their outcomes, and form new economies through multi-party transactions without time or location constraints, has gained rapid popularity. To fully realize and popularize this attractive concept, a high-quality platform and content are required, which is now widely recognized.
CALIVERSE was born out of the expectations and demands of the modern era. In this highly realistic virtual space, users can enjoy shopping through sophisticated digital twins, experience K-pop concerts and EDM stages in a virtual venue with over 80,000 cheering spectators. Users can also create and own unique spaces with AI-powered, highly personalized NPCs in CALIVERSE, and trade them. Additionally, users can generate revenue by creating their own original quests.
This Eco-System plays a crucial role in CALIVERSE, effectively addressing the inflation issues faced by existing services by combining the strengths of Web 3.0 and Web 2.0. The core currency, CALIUM, is planned to use smart contract technology to distribute rewards as Web 3.0 expands, making entry into CALIVERSE not only an innovative metaverse experience but also an attractive investment opportunity.
An innovative asset that transparently manages Off-Chain Liquidity with On-Chain data, integrating the technologies of Web 2.0 and Web 3.0
CALIUM is a core digital asset of the CALIVERSE metaverse Eco-System. It merges the strengths of Web 2.0 and Web 3.0 technologies, maintaining transparency and efficiency by managing off-chain circulation with on-chain data.
Off-Chain-based, On-Chain data management
Sophisticated inflation model
Integration of Web 2.0 and Web 3.0
CALIUM is circulated as an Off-Chain asset, but its Circulation Volume and price information are recorded On-Chain and transparently managed. Additionally, CALIUM's Issuance and distribution are carefully adjusted to align with the growth rate and demand of the Eco-System, maintaining stable currency value. It is designed to maximize blockchain technology's reliability and transparency while offering a user-friendly experience.
The primary currency for economic activities in the metaverse
An essential resource for content creation and revenue generation
A driving force for Eco-System growth and Liquidity expansion
CALIUM serves as the fundamental unit for all transactions within the metaverse and plays a crucial role for creators in generating revenue in CALIVERSE when producing or managing content. Particularly, CALIUM is central to various activities related to UGQ.
BEACON Draft & World BEACON holding
Real estate ownership and leasing
Premium content access
Through CALIUM, users can acquire World BEACONs and monetize them. Additionally, users can buy or lease LAND using CALIUM to generate advertising revenue within the metaverse and earn UGQ Points as a financial tool.
CALIUM will initially start as an Off-Chain asset, but it will expand into a smart contract-based On-Chain platform in the future, establishing itself as a central resource connecting Web 2.0 and Web 3.0.
