Agoras economy will naturally contain various types of players, such as hardware owners/renters, knowledge owners/buyers, miners and exchanges, where each player has his own hedging needs. Our economy will contain an advanced and electronic derivatives market that absents any leverage and allows risk-free interest, without the need to print new “money” (tokens).
By leveraging the power of Tau, Agoras participants will have access to a vast wealth of knowledge on every imaginable topic like the economy, law, society and information about merchants and their goods available on the market. It can then operate as user’s personal automatic businessman, intelligently tailoring complex deals in a manner that provides them a competitive edge.
The efficiency of a market is first and foremost a function of the speed at which information propagates within that market. As our economy is entirely online, information can flow quickly and freely so we can expect Agoras to be highly efficient. This creates a fairer market in terms of information availability being more even.
Agoras will be the coin of natural and artificial knowledge over the new online society that we are building. Agoras will represent all tradable knowledge and computational resources on the network, while acting as the first monetary market to acquire risk-free interest without printing new money.
Agoras efficiency will allow us to have a well-priced derivatives market to allow hedging, price-stability, and risk-free interest.
