How Does It Work?
Roadmap
2012
The first idea of an independent research institute is born
2017
First personal touch with cryptocurrency, amazed by its technology, investigated the possibility of real-life usage and utility.
2019
XRP and XRPL technology first meet – a real champion in utility, usability, speed, and costs.
2020
The idea is to cross a research institute with a decentralized XRPL voting management system.
2021
Project preparation, website, mind map, white paper, community building
2021/11
10 702 942 xCIV coins minted on XRPL.
2021/12
Airdrop of xCIV to XUMM Trustlines.
2Q 2022
The official establishment of the research institute (DONE) + 2. + 3. xCIV airdrop (DONE)
Current steps
2023
rising of xCIV value to reach the next milestone, new partnerships, and community grow
2023
start of first major xCIV project
research-starter.com
TBA
Set up of xCIV TRUST with attorney attorney office
TBA
Research Starter users will propose the scope of significant research across all possible disciplines that can be of future benefit to humanity.
TBA
Community votes on new research.
First decentralized vote
TBA
Set up the labs and background for the research team.
TBA
First research commences
The future depends on annual research reports to the community and votes
About xCIV token
About xCIV Value
The market determines the value of xCIV
The value of the voting power determines the value of xCIV
For the first vote, need to hold at least 200 xCIVs to achieve voting power
xCIV tokens value = xCIV research & knowledge
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xCIV was minted on 11/2021 with a total supply of 10 702 942 no more tokens will EVER be minted again
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xCIV is the native token used as voting power for a decentralized community vote.
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xCIV will be used for the support of approved projects by the institute.
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xCIV will be used to support the establishment of technology/project companies.
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The institution capital of xCIV can be sold/bought according to the institute's needs
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All clean profit will be used for xCIV buyback for a market price as the research institute is a non-profit association
Vote Road
Because it is pretty clear, we will need to vote often, and we need to solve or improve the steps below:
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Voting must be done in the easiest possible way by decentralized vote on XRPL
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Voting must be fast - XRPL and XUMM app
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Voting must be valid and trustworthy - XRPL
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xCIV DAO must avoid being spammed by absurd proposals - valid proposal offers should come from the community
xCIV Voting Power
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You will need 200 xCIV at least to have one vote for the first vote.
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Owning more xCIV than required does not mean you will achieve more voting power. You will still only have one vote as per the other holders.
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Holding less xCIV than is required will give you 0 voting power - so a vote will not be possible for you.
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Every quarter, we will lower the requirement of holding xCIV to achieve voting power, which will decrease by 10%, ending in 2045. So to achieve voting power, you only need 0.001 xCIV. It will stay at this rate forever; only a community vote can change it, and the lowest requirement is up to 0.000001 xCIV after 2045.
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This system will benefit all holders -> every quarter, they can sell an amount of xCIV that is not required to be held to achieve voting power and allowed to take any possible profit.
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If the majority stays holding -> the price of xCIV will increase.
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If the majority sells a surplus of xCIV -> decentralization will increase.
Key Roles and Responsibilities
David Wolák - The Institute Founder
I am not a "real" researcher, I am naturally curious, and I love science, the universe, physics, and technology. I am here to move worldwide research into new era. Era of cooperated research progress without any primary motive of making money profit to the owners with focus on major worldwide problems and I have very clear vision how to reach it thanks to XRPL and xCIV token. All doors are open now.
I am taking this project as my lifetime opportunity to put together the best of humanity and find new solutions/inventions that can help all of our progress and improve our lives. I know there are many great minds around us, but they do not have the tools to realize it. I want to make it possible. Everybody should have a chance to listen. If the idea is extraordinary, we should research it and realize it, if possible, together as a community and humanity.
​The founder's role in the institution should be pretty simple and clear, but it can change according to community will.​
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building a strong brand through marketing and PR
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take care of the community
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managing operative costs and income
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find and form partnerships, find donations, grant application management
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promoting of research
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Establish xCIV DAO TRUST with the attorney's office
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Voting organization
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Community Ombudsman
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Voting proposals
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Accepting community ideas for research/invention/improvement
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Cannot decide about institute main capital
Attorney office
xCIV TRUST foundation
The central principle of this system is the transfer of the main capital to a TRUST, managed by a notary's office. Any major release of funds will be determined by the results of a decentralized vote, ensuring a democratic and transparent process, with the use of smart contracts. The founder of the xCIV Decentralized Research Institute z.s. is responsible for establishing TRUST so that the transformation to an xCIV DAO research institute is completed. The establishment of TRUST is a significant undertaking that requires the creation of a minimum xCIV DAO main capital assets value of 5 million USD. This substantial amount is necessary to start up and to cover the annual costs associated with the management and administration of TRUST on an ongoing basis. This financial assumption underlines the commitment to create a robust and sustainable governance model within xCIV.
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Notary's TRUST management role:
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Have the power to execute the community’s will after a community vote.
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The only Beneficiary will be the xCIV DAO research institute-approved projects
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Power of Attorney
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Issuance of the annual accounts and management review of TRUST
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Patent evidence and registration
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Patent renting realization
Community (YOU)
The Voice of Humanity
A community is the heart of the whole project. We need to create a great community that wants to support this unique project and actively drive our institute to fulfill its purpose. xCIV needs all of you.
xCIV needs your voting power, ideas, visions, inventions, and knowledge, because the future is about unity.
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Voting
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Voting proposals
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Sharing your ideas
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Be active with the rest of the community on Research-Starter.com
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Decide about the institution’s course (research disciplines)
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Supervising
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Hold and use xCIV vote power to manage the institute