Safeguarding Liberty, Justice & Democracy In A Corporate Cyberspace.
Building the 'Internet of Facts' with decentralized fact-checking, safeguard by a democratic virtual nation.
Themisia is the vision for a virtual nation with global, borderless, fully tokenized economy powered and protected by a virtual democratic republic with a constitution protecting the fundamental human rights of every citizen acting on platforms within Themisia. In turn, those platforms can offer their users the rights to life (perpetual digital identity), liberty, and property—rights which most other platforms, which are free to arbitrarily ban and sensor without any due process, do not and cannot offer.
Themisia will establish itself by solving a huge problem that is getting progressively worse. Most suffering in the world is the result of conflict. Most conflict comes from the inability to agree on what is true. Courts—the system by which disputes are traditionally arbitrated—are too slow, expensive and inaccessible for the fast paced social media world where the court of public opinion is instant, free and open to all. The first public (owned and governed by Themisian citizens) application provides the heart and centrestone for the virtual nation: a social media court system where investigative cases can be created, evidence submitted, facts verified, and conclusions trusted and stored in a searchable blockchain database for use in future cases, effectively creating the world first decentralized fact-checking market.
Citizens will be incentivized to act honestly (submitting good faith evidence or challenges to fact-claims) since if successive citizens disprove their evidence, their reputation will be damaged, reducing their influence and status in the Themisian nation. Such an investigation and truth discovery platform has many monetization use cases… one is that news organizations could crowdsource some or all of their investigative processes by creating a case on their particular subject area and placing a bounty. All verified facts and evidence then pays out those citizens from that bounty.
The national currency for Themisia—the currency with which bounties will be paid out—is Kingsilver, a stablecoin backed by real precious metals stored in vaults, mainly gold, silver and platinum. Every Kingsilver (and custom currency) transaction incurs a small fee which is distributed to owners of a fixed supply token called Themisia Shares, and will be tradable on cryptocurrency exchanges, including Themisia's own Kingsilver Exchange. As the economy grows, so will the earning performance, and subsequent price of, the Themisia Shares token, making it the primary investment vehicle for investors who believe in the future of Themisia.
Citizens wishing to invest in more niche areas of the Themisian economy, however, can do so via Community Shares: Any creator who has a desire to create value within the Themisia economy can tokenize that value—or the potential of that future value—in the form of a custom branded and named fixed supply token called Community Shares. Community Shares represent the revenue distribution for whatever the creator specifies, from a specific product or service, a company or brand that has a variety of products or services, or a perhaps even Community Shares that represent himself, and therefore all of the value that he or she will create in the Themisia economy.
With a stablecoin as the primary currency, a fair and impartial judicial process, a crowdfunding/investing token, and a national identity based on the enlightenment values of liberty, justice and democracy, Themisia has a bold vision for a virtual nation-state in a digital, delocalised world.