Tikoly Whitepaper

1. Introduction & Thesis

Laste updated: June 8, 2025

This whitepaper highlights the mission, vision, thesis, tech solutions, tokenomics and governance of the Tikoly Network.

1.1 The Challenge of Bringing Real World Asset Data On-Chain

Bringing reliable, verifiable, and timely data from the real world onto blockchain networks is a significant hurdle for the widespread adoption of decentralized applications (dApps) and the tokenization of Real World Assets (RWAs). Traditional data sources are often centralized, opaque, and lack the immutability and transparency required by blockchain ecosystems.

1.2 Introducing the Tikoly Network

The Tikoly Network is designed to address this challenge by providing a decentralized and transparent infrastructure for bringing Real World Asset data on-chain. Through a network of verifiable data sources and a robust oracle mechanism, Tikoly aims to unlock new possibilities for DeFi, RWA tokenization, and data-driven dApps.

2. Problem Statement

2.1 Limitations of Traditional Data Sources in Web3

Traditional data feeds are typically managed by centralized entities, making them single points of failure and susceptible to manipulation or downtime. Integrating these into decentralized applications compromises the trustless nature of blockchain.

2.2 Centralization Risks in Existing Oracle Solutions

While existing oracle solutions have made strides, many still rely on centralized components or a limited number of data providers, introducing centralization risks and potential points of attack or collusion.

2.3 The Need for Verifiable and Transparent RWA Data

For RWAs to be effectively represented and utilized on-chain, the underlying data (e.g., ownership, valuation, performance, resource usage) must be verifiable, immutable, and transparently accessible. This requires a new approach to data sourcing and delivery.

3. Solution Overview: The Tikoly Network

The Tikoly Network provides a decentralized and transparent infrastructure for bringing Real World Asset data on-chain using verifiable data oracles.

3.1 Decentralized RWA Data Oracles

Tikoly empowers a decentralized network of data providers to supply real-world data streams. This distributed approach minimizes reliance on single entities and enhances the resilience and censorship resistance of the data feeds.

3.2 High-Level Architecture

The Tikoly Network architecture comprises decentralized nodes responsible for sourcing, verifying, and submitting RWA data to smart contracts via a robust oracle mechanism. The network is designed for scalability, security, and interoperability across various blockchain platforms.

4. Tikoly Network Design

4.1 Tikoly Node Architecture

Tikoly nodes are the backbone of the network, responsible for connecting to real-world data sources, processing and verifying data, and interacting with the blockchain. Nodes utilize secure hardware and software to ensure data integrity.

4.2 Network Communication and Data Flow

Data flows from real-world sources through Tikoly nodes, where it is validated and aggregated before being transmitted to the blockchain via the oracle protocol. Secure and efficient communication protocols are employed to ensure timely data delivery.

4.3 Data Integrity and Audit-ability

Leveraging technologies like Immudb at the data source and implementing cryptographic proofs, Tikoly ensures the integrity and audit-ability of the data. Every data point delivered on-chain can be traced back to its origin and verified.

4.4 Cross-Chain Integration

The Tikoly Network is designed to be blockchain-agnostic, supporting integration with multiple blockchain platforms to serve a wide range of dApps and RWA tokenization initiatives.

4.5 Security Considerations

Security is paramount. The network incorporates robust security measures, including cryptographic data signing, decentralized consensus mechanisms for data validation, and staking-based incentives and penalties to ensure node operator honesty.

5. Tokenomics

Tikoly.com’s tokenomics are designed to create a self-sustaining, decentralized data marketplace. The model is centered on the principle of circulation over settlement, fostering a “value basin” where assets are encouraged to enter, interact, and remain within the ecosystem. The native TIKO token is central to this design.

5.1 Core Components: A Dual-Token System on Solana

The ecosystem operates on a two-tier token system, with all tokens built on the Solana SPL standard for efficiency and compatibility with modern wallets like Backpack.

5.1.1 TIKO (The Platform’s Native Utility Token)

TIKO is the central economic engine of the entire Tikoly.com marketplace. Its functions are:

Primary Medium of Exchange: All data streams and services on the platform are priced and paid for in TIKO.
Base Liquidity Asset: TIKO serves as the base pair for all project-specific tokens (e.g., VTA/TIKO) and is the primary bridge to external capital via a core TIKO/USDT liquidity pool.
Staking & Security: Users stake TIKO on data streams to vouch for their quality and reliability, sharing in the rewards and providing an economic security layer.
- The risk of slashing incentivizes data providers (Node owners) and stakers to ensure reliable and accurate data streams, as their staked value is on the line. Verification mechanisms, leveraging the immutability of source data (e.g., from Immudb), are crucial for triggering slashing events based on objective evidence.
Governance (Future): Holding and staking TIKO will grant voting rights on platform-wide decisions.

5.1.2 Project-Specific Tokens (e.g., VTA for Project Volta)

Each project launched on Tikoly.com (like Project Volta with its VTA token) can issue its own utility token.

Purpose: These tokens function within their own “micro-economy.” For Project Volta, VTA is used for internal accounting (tracking donor contributions) and rewarding vendors for consistent smart cooker usage, thus incentivizing the generation of verifiable data.
Relationship to TIKO: These tokens are not designed for broad speculation. Their primary liquidity and value discovery happen against TIKO in dedicated project liquidity pools (e.g., VTA/TIKO). To acquire or exchange VTA, one must interact through the TIKO token, ensuring TIKO’s central role.

5.2 Token Lifecycle: Dynamic Supply Tied to Real-World Activity

The total supply of TIKO is designed to be dynamic, reflecting the core business of the network: verifiable real-world activity, such as renewable energy generation and consumption.

Initial Issuance: A fixed supply of 1 Billion TIKO tokens will be minted at genesis to bootstrap the network. This allocation is the foundational step in solving the network’s “cold start” problem.
Ongoing Issuance (Minting):
- Principle: New TIKO tokens can be minted based on Proof of Generation.
- Mechanism: When a new unit of a verified real-world asset is generated by a registered source on the network (e.g., 1 kWh of renewable energy), a corresponding amount of new TIKO can be minted. This directly ties the growth of the token supply to the growth of productive activity on the platform.
Ongoing Token Burning:
- Principle: The token supply is reduced based on Proof of Consumption and Platform Activity.
- Mechanism: TIKO tokens are permanently removed from circulation (burned) under two primary conditions:
  1. Platform Transaction Fees: A small percentage of every transaction fee paid in TIKO for data exchange is burned.
  2. Verified Consumption: When a unit of an asset is verifiably consumed or utilized (e.g., energy consumed by a Project Volta smart cooker), a corresponding amount of TIKO is burned.

This creates a balanced economic model where the token supply expands with verified generation and contracts with consumption and platform use, directly tying the token’s health to the real-world utility of the network.

5.3 Bootstrapping the Network: Initial Allocation & Incentives

The initial issuance of 1 billion TIKO tokens is strategically allocated to solve the classic cold start problem for a new marketplace by incentivizing all necessary roles from day one. This creates a positive feedback loop that drives initial network activity and growth.

For Early Investors & Fundraising (e.g., 20-30% of supply):
- Goal: Secure seed capital for development, operations, and legal expenses.
- Mechanism: A portion of the initial supply is allocated to early-stage investors through strategic private sale rounds. This provides the necessary financial runway to build the platform before it becomes self-sustaining through transaction fees. Offering tokens at a favorable price rewards early belief in the project’s vision.
For Data Providers (Supply-Side Incentives, e.g., 20-30%):
- Goal: To ensure there is a rich supply of valuable, verifiable data on the marketplace from day one.
- Mechanism: A significant portion of the ecosystem fund is used to reward the first wave of data providers (like Project Volta vendors or other RWA projects). These TIKO rewards incentivize them to connect their data streams, ensuring data consumers have something valuable to subscribe to immediately upon launch.
For Liquidity Providers (Economic Foundation, e.g., 15-25%):
- Goal: To create a stable and liquid market for TIKO, making it a reliable medium of exchange.
- Mechanism: TIKO rewards are distributed to participants who provide liquidity to the core TIKO/USDT AMM pool and key project pools (like VTA/TIKO). This ensures users can easily buy and sell TIKO, which is essential for the marketplace’s functioning.
For the Community & Ecosystem Fund (Growth Engine, e.g., 15-25%):
- Goal: To foster long-term growth, partnerships, and community engagement.
- Mechanism: This fund is used for marketing campaigns, developer grants (to encourage building on Tikoly.com), strategic partnerships, and community-led initiatives. It serves as the fuel for expanding the network’s reach and utility.
For the Team & Advisors (Long-Term Alignment, e.g., 10-20%):
- Goal: To align the core team with the long-term success of the project.
- Mechanism: This allocation is subject to a long vesting schedule (e.g., 3-4 years with a 1-year cliff), ensuring that the team is incentivized to build sustainable value over time.

By pre-allocating the initial 1 billion TIKO tokens in this manner, we can simultaneously fund development, seed the supply of data, create a liquid economy, and empower a community, effectively bootstrapping a complete and functional marketplace from zero to one.

5.4 Liquidity & Value Exchange: The AMM Model

Tikoly.com will operate with an internal mechanism for value exchange based on an Automated Market Maker (AMM) model.

Main Liquidity Pool (TIKO/USDT): This is the primary gateway for external capital to enter and exit the ecosystem. Its depth is crucial for platform stability.
Project Liquidity Pools (VTA/TIKO, etc.): Each project has its own pool paired against TIKO. This is where users exchange TIKO for project-specific tokens to participate in that project’s ecosystem.
Liquidity Provider Incentives: Participants are rewarded with TIKO and/or a share of transaction fees for contributing assets to these liquidity pools.

5.5 Staking Incentives for Data Providers

In addition to liquidity provision, staking TIKO offers specific rewards for data providers (e.g., operators of tiktag.app Edge Nodes) to ensure a steady supply of high-quality data.

Data Stream Revenue Sharing: Data providers earn a share of the revenue (paid in TIKO) when consumers access their data streams.
Rewards for Operational Excellence: TIKO rewards are given to nodes consistently providing high-quality streams (measured by uptime, freshness, and verifiable integrity).
Staking-Based Reputation: A higher amount of TIKO staked on a data stream enhances its reputation and discovery ranking within the marketplace.
Active Contribution Rewards: Base-level TIKO rewards for actively publishing valid real-life data streams to the network.

5.6 Governance

Governance rights, tied to holding and staking TIKO, will allow the community to propose and vote on changes to marketplace parameters, tokenomics, and the future development of the Tikoly.com network, ensuring a decentralized and community-driven future.

6. Use Cases for Real World Assets

6.1 Overview of Supported RWA Verticals

Tikoly is designed to support a wide range of RWA verticals, including but not limited to:

Energy Consumption and Production Data
Supply Chain and Logistics Data
Environmental Data (e.g., air quality, temperature)
IoT Device Data
Real Estate and Property Data
Agricultural Data

6.2 Examples of RWA Data Streams

Specific examples of data streams could include:

Real-time electricity usage from smart meters.
Location and status updates for goods in transit.
Temperature and humidity readings from agricultural sensors.
Production output data from industrial machinery.

6.3 Potential Applications

Verifiable RWA data streams from Tikoly can power numerous dApps and use cases:

DeFi: Enabling RWA-backed lending platforms, stablecoins collateralized by real assets, and tokenized real estate markets.
Tokenization: Providing the necessary data infrastructure for the transparent and verifiable tokenization of various real-world assets.
Analytics: Powering on-chain analytics and reporting based on reliable real-world data.
Supply Chain Management: Creating transparent and automated supply chain tracking and execution based on verifiable data.
ESG Reporting: Enabling verifiable and automated reporting of Environmental, Social, and Governance data.

7. Roadmap

7.1 Development Milestones

A detailed roadmap will outline key development milestones, including:

Network design and protocol finalization.
Node software development and testing.
Tokenomics implementation and smart contract audits.
Testnet launch.
Mainnet launch.
Cross-chain integrations.
Development of developer tools and SDKs.

7.2 Network Expansion

Future expansion plans will focus on onboarding more data providers, supporting additional RWA verticals, and fostering a vibrant ecosystem of dApps utilizing Tikoly data.

8. Team

Chance Jiang, Director (Interim)
Ryan Sy, Business Director
ZoomQuiet, CTO and Tech Auditor
Artem, CTO and Engineering Chief

9. Conclusion

The Tikoly Network provides a crucial piece of infrastructure for bridging the gap between the real world and blockchain ecosystems. By enabling verifiable, decentralized, and transparent access to Real World Asset data, Tikoly unlocks the potential for a new generation of dApps, RWA tokenization, and data-driven decentralized applications, paving the way for a more connected and efficient digital future.

10. Appendix

10.1 Glossary of Terms

RWA: Real World Asset. Tangible or intangible assets that exist outside of the blockchain.
Oracle: A service that provides smart contracts with external information.
AMM: Automated Market Maker. A decentralized exchange protocol that uses mathematical formulas to price assets.
Tiktag Edge Node: A device or system responsible for collecting and potentially pre-processing real-world data at the source.
Immudb: A tamper-proof database that provides verifiable data integrity.
TIKO: The native utility and economic token of the Tikoly Network.
Slashing: A mechanism in some blockchain networks where a portion of a validator’s or staker’s staked tokens are removed as a penalty for malicious behavior or poor performance.

10.2 Project Volta | Empowering Creative Cooking Businesses

Project Volta is a campaign focused on donating new energy smart cooking pots to street food vendors, leveraging real-time data for project success.

10.2.1 Introduction to Project Volta

Project Volta is a social impact initiative aimed at supporting street food vendors by providing them with energy-efficient and smart cooking technology. This campaign seeks to improve the working conditions, reduce environmental impact, and potentially increase the economic viability of these small businesses.

10.2.2 Project Goals and Objectives

To provide new energy smart cooking pots to a target number of street food vendors.
To improve energy efficiency and reduce reliance on traditional, less sustainable cooking methods.
To collect and analyze real-time usage data from the smart pots.
To demonstrate the positive impact of technology adoption on informal economies.

10.2.3 Target Beneficiaries

The primary beneficiaries of Project Volta are street food vendors in specific geographic areas, particularly those who currently rely on less efficient or environmentally friendly cooking equipment.

10.2.4 Project Activities and Implementation Plan

The project involves sourcing and distributing the smart cooking pots, providing training on their usage, and implementing a system for collecting real-time data from the devices. The implementation plan includes outreach, distribution events, training workshops, and ongoing technical support.

10.2.5 Expected Outcomes and Impact

Expected outcomes include reduced energy consumption, lower operating costs for vendors, potential improvements in air quality, and a better understanding of the energy usage patterns of street food businesses. The impact aims to be both economic and environmental.

10.2.6 Monitoring and Evaluation Framework

A monitoring and evaluation framework will be established to track the distribution of pots, monitor their usage through collected data, assess the impact on vendors’ businesses and the environment, and gather feedback from participants.

10.2.7 Leveraging Real-time Data for Project Volta Success

Real-time data collected from the smart cooking pots through mechanisms potentially integrated with the Tikoly Network can be leveraged to:

Monitor the usage and effectiveness of the donated equipment.
Quantify energy savings and environmental impact.
Identify maintenance needs or issues with the devices.
Provide data-driven insights for future project iterations or similar initiatives.
Potentially provide verifiable on-chain evidence of the project’s impact for transparent reporting to donors and stakeholders.