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GITBOOK-161: change request with no subject merged in GitBook
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Tweeddalex authored and gitbook-bot committed Dec 17, 2024
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2 changes: 1 addition & 1 deletion cheq/credential-payments/README.md
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Expand Up @@ -20,6 +20,6 @@ Unfortunately, the benefits of credentials, prior to the point of mass adoption,

Since launching cheqd, our hypothesis has been that **Credential Payments will be the catalyst for credential adoption**, by incentivising issuers to release data back to the holder, and allowing them to set a price for trusted data checks. This thinking has since been validated by data collected by cheqd’s partners and potential customers, where **70% of respondents believed that payment rails would help drive adoption with their customers.**

We now believe that credential ecosystems are technically mature enough to scale, especially with [new regulations like eIDAS 2.0](https://blog.avast.com/eidas-2.0-avast) accelerating their adoption and providing a template for interoperability. Yet, there is a barrier between the theoretical and philosophical benefits of Verifiable Credentials, and the commercial and business benefits of Verifiable Credentials. A **payments or incentive layer is still required to provide a compelling reason for **_**enterprise organisations**_** to make the switch**.
We now believe that credential ecosystems are technically mature enough to scale, especially with [new regulations like eIDAS 2.0](https://blog.avast.com/eidas-2.0-avast) accelerating their adoption and providing a template for interoperability. Yet, there is a barrier between the theoretical and philosophical benefits of Verifiable Credentials, and the commercial and business benefits of Verifiable Credentials. A **payments or incentive layer is still required to provide a compelling reason for **_**enterprise organisations**_** to make the switch**.

To achieve this shift, we’ve built Credential Payments into our [**cheqd Studio**](https://cheqd.io/solutions/cheqd-studio/) product to allow organisations to build trusted data markets easily, with simple REST APIs. This abstracts the complexity and responsibility of handling interactions with the ledger and provides a clear integration pathway for developers that are not familiar with decentralised identity standards or blockchain.
4 changes: 2 additions & 2 deletions cheq/tokenomics/part-4.md
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Expand Up @@ -10,7 +10,7 @@ _Tokenomics are typically documented and distributed via a dedicated whitepaper.

## TL;DR

Tokenomics part four outlines measures to improve the tokenomic sustainability of the cheqd network. This is achieved through an increase in the network’s identity transaction pricing for DIDs and Resources (from gas price to more concrete dollar values) and the introduction of deflationary mechanisms in the form of burns. Essentially, the fee used for identity transactions will be split: a portion will go back to Validators and Delegators as block rewards, a portion will be burnt (destroyed) to reduce supply, and a portion will be designated to the Community Pool. **The exact weighing of this split is for **_**you**_**, the community, to decide**.
Tokenomics part four outlines measures to improve the tokenomic sustainability of the cheqd network. This is achieved through an increase in the network’s identity transaction pricing for DIDs and Resources (from gas price to more concrete dollar values) and the introduction of deflationary mechanisms in the form of burns. Essentially, the fee used for identity transactions will be split: a portion will go back to Validators and Delegators as block rewards, a portion will be burnt (destroyed) to reduce supply, and a portion will be designated to the Community Pool. **The exact weighing of this split is for **_**you**_**, the community, to decide**.

We are proposing to introduce two new mechanisms to the cheqd tokenomics:

Expand Down Expand Up @@ -157,7 +157,7 @@ _Integral to cheqd is the concept of decentralised Governance, explained in full

_**Legal Uncertainty as a Risk Factor**_

_There is underlying legal uncertainty in the nature of blockchain projects due to how quickly the industry is evolving and how legal regulations and frameworks need to adapt to keep up. For this reason, it is reasonably foreseeable that there will be further guidance and regulations on digital assets, cryptocurrency, Decentralised Autonomous Organisations (DAOs) and digital identity going forward. cheqd’s core team has made the best efforts to build cheqd in a_ [_generative_](https://dash.harvard.edu/bitstream/handle/1/9385626/zittrain\_generativeinternet.pdf?sequence=1) _way to develop alongside updates in the law. This notwithstanding, there is still a surface area of risk, where future or existing legal regulations could have a negative effect on the proper functioning of the project and on the value of $CHEQ._
_There is underlying legal uncertainty in the nature of blockchain projects due to how quickly the industry is evolving and how legal regulations and frameworks need to adapt to keep up. For this reason, it is reasonably foreseeable that there will be further guidance and regulations on digital assets, cryptocurrency, Decentralised Autonomous Organisations (DAOs) and digital identity going forward. cheqd’s core team has made the best efforts to build cheqd in a_ [_generative_](https://dash.harvard.edu/bitstream/handle/1/9385626/zittrain_generativeinternet.pdf?sequence=1) _way to develop alongside updates in the law. This notwithstanding, there is still a surface area of risk, where future or existing legal regulations could have a negative effect on the proper functioning of the project and on the value of $CHEQ._

_No regulatory authority in Singapore, including the Monetary Authority of Singapore, has reviewed or approved the $CHEQ tokens or any of cheqd’s documentation, including blog posts, website material, webinars, events, videos or other graphics (the “Information Material”). The acquisition of tokens is subject to a potential acquirer’s compliance with the laws and regulations in the jurisdiction they reside in._

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2 changes: 1 addition & 1 deletion governance/participate/network-changes/minor.md
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Expand Up @@ -14,7 +14,7 @@ These are changes that are insignificant, and do not affect the way the Network

To help YOU understand how to make changes on the cheqd Network, the decision tree below visualises how changes should be carried out.

![Tree diagram showing when to use on-chain or off-chain governance](<../../../.gitbook/assets/On-chain vs off-chain decision tree.jpg>)
<figure><img src="../../../.gitbook/assets/cheqd_Onchain vs Off-chain decision tree_v2.png" alt=""><figcaption><p>Tree diagram showing when to use on-chain or off-chain governance</p></figcaption></figure>

### Voting off-chain

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