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OCommunity Chain is based on the Ethereum public blockchain, following the ERC20 standard and utilizing the underlying technology of ETH smart contracts. Inspired by Reddit and Steem, its product form manifests in mobile apps and PC web versions. Unlike traditional community management platforms, OCommunity Chain operates on the principles of openness and shared benefits. By introducing the native OCC digital token and leveraging the consensus mechanism of unique IDs, it forms a blockchain-based communication platform centered around ID contributions. The ID consensus mechanism lowers the standard threshold for ordinary users, making it possible to create a network framework of ID contributions, thereby stimulating the initiative of the OCommunity Chain community, providing the foundation for liquidity and value systems for platform development.
Project Introduction
The Full Chain OCC (OCommunity Chain), designed for the community ecosystem, is a fan-token aggregation platform initiated by the blockchain community alliance, which went live on the mainnet in October 2020. Unlike traditional community management models, OCommunity Chain adheres to the principles of openness and shared benefits. Through the introduction of the native OCC digital token and leveraging the consensus mechanism of unique IDs, it forms a blockchain-based communication platform centered around ID contributions. The ID consensus mechanism reduces the standard threshold for ordinary users, making it possible to create a network framework of ID contributions, thereby stimulating the initiative of the community, providing the basis for liquidity and value systems for the development of the on-chain community.
Core Applications
After the OCC mainnet launch, OCommunity Chain possesses its own value system and flexible incentive system, used to reward users positive autonomous behaviors. By rewarding users who contribute to encourage more contribution behaviors, it promotes the rapid development of the platform. OCC will be used to incentivize the following behaviors:
1) Community management behavior based on ID identification;
2) Mining incentives based on the DEFI model;
4) Development and analysis of effective tools based on DAPP.
Project Business Logic
OCommunity Chain adopts a blockchain application based on community management to meet the growing needs of token holders for communication. The project aims to realize the effectiveness and positivity of communication among token holders through blockchain self-management, helping token holders establish a good community environment, thus achieving user accumulation. It forms an OCommunity Chain business ecosystem based on effective information through the conversion of information value via information flow, realizing commercial value transformation through OCommunity Chain, thus constructing a business ecology based on effective information. Concepts such as knowledge payment, information payment, and tool enhancement payment are reflected through the value conversion of OCC.
Project Implementation Path
In the first phase, the functions of OCommunity Chain are realized in a centralized manner, enabling users to connect with other major community platforms through OCommunity Chain. Utilizing management functions and convenient tools, managers can manage communities. The reward mechanism of OCommunity Chain is opened, concentrating rewards for managers while implementing ID-based management plans, allowing more users to enjoy the incentives of OCommunity Chain;
In the second phase, autonomous management is realized based on OCommunity Chain through open code and decentralization, leading to the development of multiple nodes. The entire OCommunity Chain management is handed over to major nodes globally, achieving decentralized operations.
After the implementation of the second phase, OCommunity Chain tends toward an ideal model but still exhibits certain centralization trends. Therefore, after the completion of the node handover in the second phase, OCommunity Chain further decentralizes node authority, applying the POS mechanism to expand node rights, forming distributed permissions based on IDs, achieving true decentralization of the project.
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