1. Project Introduction

"The Ledger of Things" is a revolutionary open source Layer 1 blockchain platform for the tokenization of objects. Current list of the object categories is presented as follows:

3D objects、2D drawings、Music、Biometrics、Radio signals、Movements、Texts

Proof of Scan is a decentralized protocol, which is based on recognition technology. Every object, transformed by 3DPass, obtains its own unique and sustainable identity called HASH ID the object could be recognized by. This will prevent the copying of digital assets and thus open a door for the entire blockchain space to potentially trillions in deals all over the globe.

Grid2d is the first 3D shape recognition algorithm, suggested by Michael Co in 2020, which is implemented now as pass3d recognition toolkit.

3DPRC-2 (3Dpass Request for Comments) is a standard p2p protocol for the tokenization of the User objects operating within “The Ledger of Things”, by which the most useful aspect of the "Proof of Scan" consensus is getting uncovered. 3DPRC-2 provides decentralized PoScan API available for customers.hash function for the Proof of Scan protocol.

3DPRC-2 (3Dpass Request for Comments) is a standard p2p protocol for the tokenization of the User objects operating within “The Ledger of Things”, by which the most useful aspect of the "Proof of Scan" consensus is getting uncovered. 3DPRC-2 provides decentralized PoScan API available for customers.

2. Token Application

3DPass Coin (P3D) is a native utility token, operating on The Ledger of Things, which serves to incentivise community members to maintain the network infrastructure. Such aspects as: Storage fee, Gas fee, The object authentication fee, Transaction fee, The validator collaterals, Penalties - are all being counted in P3D.

3. Token Distribution

Total supply: 100% - 1,000,000,000 P3D

Mining: 729,000,000 P3D (72.9 % of total supply, including the testnet mining rewards ~ 5.7%)

The team share: 101,000,000 P3D (10.1% of total supply), issued in genesis block. Vesting schedule: 30,000,000 P3D locked until the block #905700; 30,000,000 P3D locked until the block #1431300; 30,000,000 P3D locked until the block #1956900

Marketing budget: 110,000,000 P3D (11% of total supply), issued in genesis block. The budget is being spent through the Treasury account controlled by the Governance

Contribution budget: 60,000,000 P3D (6% of total supply), issued in genesis block. The budget is transferred to and being spent through the Treasury account controlled by the Governance