We're thrilled to disclose details about our partnership with @Orion_Protocol
Our proprietary exchange mechanism enables Orion Terminal users to use $ORN tokens to purchase real world products and services via a process that is the basis for #dCommerce.
Here's how it works:
Our proprietary exchange mechanism enables Orion Terminal users to use $ORN tokens to purchase real world products and services via a process that is the basis for #dCommerce.
Here's how it works:
ORNs are swapped for a "Thing token" - ERC20s that work like generalized unisocks and represent a produce or service.
Thing tokens can then be used to unlock a Commitment token (NFTs encoded with game theory that replaces commerce arbitration), which then enables the redemption for the real world thing the user desires.
In essence, Our partnership will enable users to purchase physical goods and services directly from the Orion Terminal, without touching FIAT, potentially revolutionising the way in which people transact.
This will also allow ORN stakers/holders to earn Boson’s NFTs and redeem or spend them directly from their Orion wallet.
Thanks to this integration, Boson NFTs can be spent on a wide range of products and services. In fact, on any physical / digital item.
This is #dCommerce
Thanks to this integration, Boson NFTs can be spent on a wide range of products and services. In fact, on any physical / digital item.
This is #dCommerce
Read more about the partnership here: https://medium.com/bosonprotocol/boson-protocol-and-orion-protocol-collaborate-to-scale-defi-and-dcommerce-d3f3af6db2a3