Vision Paper

Introducing Addonx

A place for people to connect and help each other.

The Addonx platform matches people who have needs with people who can satisfy those needs. It's a marketplace to exchange services, skills and experience. We connect community members both locally and globally, offline and online. Sign up, create a profile, post what you need and wait for offers of help. See what other members need and how you can help them. Each member's profile shows their skills, platform status as well as ratings and reviews from other members. You decide who to deal with, how to connect and how to pay!

The Addonx project aims to address the problems that arise from two current societal trends:

• The trend away from individual financial freedom.

• The trend away from direct human to human transaction.

The solutions our project can offer.

Addonx proposes a secure marketplace where individuals can connect with each other directly; negotiate their own transactions and choose between a variety of innovative payment methods.

Addonx is introducing a completely new concept in peer to peer transactions and we are utilizing blockchain technology in a way not seen before.

The project has four main aims:

• to build a platform for a community of individual members to share their skills, knowledge and expertise.

• to facilitate the connection between the members with needs and the members who can meet those needs.

• to encourage adoption of decentralized methods of transacting.

• to enable members to transact with tokens that represent their own time and experience.

The Platform

The platform offers a space where people can create posts telling the community what they need. Members can search or browse these needs and make an offer to provide a solution.

The platform is designed to allow Web1/2 traditional payment methods but it will encourage Web3 adoption by promoting and onboarding users to the security, flexibility and transparency of blockchain technology.

Members can use the platform to get help and advice for free, swap their skills and services for those of others or offer to pay in other ways. Each member's contributions will be valued by ratings and reviews which can be seen in the public profile.

The idea of service exchange is key on Addonx and our project will aim to move this type of cashless transaction onto the blockchain, offering each member the possibility to tokenize their time, skills and experience.

The Profile Page

Once a member has signed up to the platform they can create a profile page. Members can edit their username, nickname and skill set. There is also a place to create a more comprehensive biography with experience and external links. This page will also show the average star rating that has been give to each member and there is a link to all the individual ratings and reviews that the member has received.

The profile page will grow as the platform grows, future editions will include member's proof of human verification, wallet details and premium status on the platform.

Human to human transactions - How do you want to pay?

Every need has a price and the Addonx platform gives members a choice of how to pay:

• Gratitude - Offer only your thanks and rely on the generosity of the Addonx community.

• Exchange - Propose a swap, exchange something in return for help.

• Cash - You could go the traditional route and offer to pay in your local currency.

• ADA - If you connect a wallet you can pay with crypto, the Addonx platform is powered by the Cardano blockchain!

• $ADDX - With a Cardano wallet connected you have the opportunity to earn and spend the Addonx native utility token $ADDX.

• PUT - Finally, Addonx is the only place in the world where you can pay with a Personal Utility Token (PUT). The PUT is a token representing you, your time, skills and experience. Each individual member of the Addonx community will have the chance to create, manage and transact with their own personal token.

You can offer to pay in as many ways as you want, when you are ready, reach out and make a deal!

Web1/2

Initially, a member who has zero knowledge of blockchain utility and is outside the crypto eco-system can use the simple matchmaker features to help them fulfil their needs or offer their service.

The platform facilitates the connection and offers various ways to transact such as showing your gratitude or offering an exchange. Web1/2 members can also offer cash but for this type of exchange the platform directs the members to traditional external payment gateways.

The educational resources on our platform encourage and nudge this type of member towards the web3 experience and our aim is a smooth onboarding, helping the member to create their own wallet. This step by step approach gradually brings members on chain and can help solve the problem of mass adoption to Web3.

Web3

Members with a wallet connected to the platform can start using our innovative Web3 features.

Addonx enables peer to peer transactions based entirely in the blockchain eco-system.

Smart Contracts

In order to complete each Web3 transaction the platform gives security and flexibility to both parties by following the procedure laid out in a smart contract.

The smart contract allows both parties to negotiate and create conditions with agreement needed to progress to the next stage.

For basic transactions simple clicks can allow progression through the process but the smart contract allows for more sophisticated negotiations.

Payment Methods for Web3 users

The on chain User Interface is built on the Cardano blockchain meaning that within the platform ADA can be used for all transactions such as paying for needs and buying tokens.

Web3 users that connect a wallet have the possibility of transacting with different payment methods:

• Native Cardano assets - ADA and other native tokens.

• $ADDX - Addonx native utility tokens

• Personal Utility Tokens (PUTs)

The Addonx native utility token

$ADDX are utility tokens created by the project and are designed to be used for payments and transactions within the Addonx eco-system.

Members who help in any way with the development of the platform are able to earn $ADDX.

The token can be used for paying fees, premium upgrades and any other services offered by the platform. Members can also choose to accept this token as payment for their service or PUTs.

The Addonx PUT

We have created a new type of token that is unique to the Addonx platform.

Each individual member of our community can create their own token and use it to transact. We are calling these tokens, Personal Utility Tokens (PUTs)

When a member connects a wallet to their profile, they will be able to use this wallet to create a PUT. Each member gives their own token specific attributes such as a description of their skills and expertise as well as the set period of time or other obligation the token represents. The creator of the token will also be responsible for setting and managing the supply.

The value of the token will depend on a basket of metrics including supply volatility, number of successful transactions, redemption availability and other member's reviews and ratings. All of this information will be available on the members profile page as well as on-chain where possible.

It is important to stress that these tokens are not designed for speculation but for utility, they are promises of service to the holder and obligations for the creator.

Members who have little traditional monetary resources, but have skills and knowledge to offer, can use their own token to pay for the things they need, essentially paying with a promise of their own time and skills.

The member potentially fulfilling the need is able to check all the attributes of the token on the platform before accepting any PUTs as payment and the transparency and security of the transaction is guaranteed on the blockchain.

Conclusion

In conclusion our aim is to construct a digital space where individual members can connect and transact with freedom and choice. With the new technological tools available, we believe we can offer an innovative solution to the increasing centralization of economic systems and restore financial autonomy for all our members.

Join us on our journey to financial freedom.