Time is RWA: How Pieverse Uses DAO + Token Economics to Build a Sustainable "Time Value Discovery Engine"?
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Time is RWA: How Pieverse Uses DAO + Token Economics to Build a Sustainable "Time Value Discovery Engine"?
Pieverse is a platform project focused on the time economy. On this platform, anyone can monetize their time, turning time into an asset and assigning it value.
Navigating Web3 tides with focused insightsAuthor: Lanhu Notes
Earlier, we mentioned Pieverse's "Exploring Bhutan" event, which auctions off influential figures' time on the platform, creating communication opportunities between influencers and interested users. But specifically in terms of its operational mechanisms, how does Pieverse work?
1. Pieverse as a Time Value Discovery Engine
In simple terms, Pieverse is a platform project focused on the economy of time. On this platform, anyone can monetize their time, turning it into an asset and assigning it measurable value. Pieverse qualifies as a time economy platform because any economic system requires two parties: one offering valuable time, and another party interested in that time. When both sides’ needs align, a transaction occurs. In real life, celebrities and professionals often have followers, and there’s mutual interest in communication—but time itself is the scarcest resource, a form of hard currency that cannot be inflated or increased. Therefore, establishing a mechanism that connects interested parties holds significant value.
Hence, Pieverse is not only a platform for the time economy but also a time value discovery engine. Through Pieverse, influencers and professionals can fairly discover the market value of their time via open market mechanisms. While celebrities may find it easier to assetize and monetize their time, over time, anyone’s time can be similarly valued—such as through time-based tasks. Someone might not be famous, but could excel in gaming, investing, cooking, exam preparation, language teaching, golf, etc., and still turn their time into tradable assets. This enables relatively fair transactions for everyone’s time, allowing individuals to list their time on Pieverse for auction, raffles, or direct sale. At the same time, users interested in others’ time gain direct access to communication and learning opportunities.
Therefore, at its core, Pieverse is a time value discovery engine. By leveraging cryptographic technology, it provides a transparent platform where supply and demand meet, enabling time to realize its true value and become monetizable. Without such a platform, time resources would remain underutilized or wasted. For example, entrepreneurs seeking high-quality feedback from experienced founders or investors often lack direct access; relying on personal networks is inefficient and sometimes impractical.
Once this scarce resource—time—is effectively valued, Pieverse has the potential to scale and sustain a viable time economy.
2. Key Mechanisms of Pieverse
Pieverse currently supports four main transaction models within its time economy: time bidding, time raffles, time crowdfunding, and time tasks. These mechanisms ensure pricing fairness (market-driven) and address trust issues between transacting parties.
1. Time Bidding
The benefit of time bidding lies in auctioning influencers’ time directly on the Pieverse platform. Market dynamics help determine fair pricing, while verifiable mechanisms ensure buyers receive genuine contact and high-quality interaction. During public bidding, clear summaries and user background verification improve efficiency and matching accuracy.
2. Time Raffles
Time raffles aim to give ordinary users better access. Unlike time bidding, which favors financial capability, raffles introduce randomness. As long as users meet certain criteria, they have a chance to win communication opportunities with people they admire. Additionally, Pieverse offers fiat payment options, enabling non-crypto users to participate.
3. Time Crowdfunding
Compared to the high-bidder-wins model of time bidding or the luck-based nature of raffles, time crowdfunding allows more users to gain access and listen to influencers’ insights. For instance, during the "Exploring Bhutan" event, users who supported the teachings of the 9th Drukchen Rinpoche of Bhutan gained entry to online courses offered by Starfield Academy.
Crowdfunding formats are flexible—beyond online lectures and discussions, supporters may gain access to private sessions or even face-to-face meetings depending on campaign specifics. A key advantage is that supporters don’t need to pay high fees, while participation thresholds help filter for genuinely interested individuals, ensuring meaningful interactions. In this way, time crowdfunding maximizes the value of an individual’s time by broadening participation—a win-win for both providers and seekers of time value.
4. Time Tasks
Time tasks focus on professional skill services—such as tutoring, language learning, gaming, cooking, fitness training, etc. Given the large demand in these areas, dispute resolution becomes increasingly important. Pieverse addresses this with a smart contract-based escrow system: users must first pay for the service, and funds are held in escrow until the service is delivered. Only then are payments released.
To further ensure reliability, Pieverse plans to integrate token economics with an on-chain reputation system. Both parties must stake tokens to incentivize good-faith participation. If disputes arise and cannot be resolved automatically, a decentralized autonomous organization (DAO) dedicated to conflict resolution will intervene.
3. Time Arena
The Time Arena is a specific format for time tasks. Here, founders can compete for time with VC investors to pitch their projects; professionals across industries can earn time with seasoned experts to gain valuable insights. Pieverse already hosts several well-known Web3 VCs, offering entrepreneurs direct access to venture capital dialogue.
4. The Evolution of Pieverse: Potentially Becoming a Unique RWA Platform
Why didn't Pieverse tokenize influencers’ or professionals’ time from the beginning? A crucial reason is that premature tokenization—before time value is fully discovered—risks shifting focus toward speculative trading. It could misalign incentives or even create distortions, ultimately undermining the original purpose of the time economy.
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