# Token Ecosystem

We have crafted a unique and innovative three-token design for the PairedWorld ecosystem to harmonise real-world social engagements and decentralised technology and finance. This system, operating on the [Ethereum](https://ethereum.org/en/) blockchain, aims to rectify the anonymity and detachment often seen in traditional social platforms, promoting meaningful and rewarding interpersonal connections instead. 

Each token has its unique attributes and roles.<br>

1. [**SOUL**](/whitepaper/token-ecosystem/soul-token.md)  **(EIP-6239):** This token serves as a unique digital identity for each participant within the ecosystem. Essentially, it acts as a reputation signalling badge, highlighting an individual's connection to and reputation within the community. They also function as SPARKs generators.<br>
2. [**SPARKs**](/whitepaper/token-ecosystem/sparks.md) **(ERC-1155):** These tokens, issued periodically to SOUL holders, are employed as catalysts for interactions within the ecosystem, specifically for creating and participating in real-life [Meet-ups](/whitepaper/participation/meet-ups.md), fostering a sense of community and shared experience. This intermediate step solves the reputation token paradox, allowing individuals to monetise on their reputation, without losing it.<br>
3. [**$PAIRED**](/whitepaper/token-ecosystem/usdpaired.md) **(ERC-20):** This is the primary reward and utility token of our ecosystem, serving as the mechanism for rewarding contributions and facilitating various interactions within the community. It also has specific governance properties.<br>

<figure><img src="/files/15S4Pwv1uH8d9otXL5Y8" alt=""><figcaption></figcaption></figure>

The integration of these three distinct tokens allows PairedWorld to create a balanced incentive and reward system that encourages both everyday participation and long-term community engagement. It ensures fluidity and flexibility in how users interact with the platform, providing different levels of rewards and responsibilities that cater to various user goals and contributions.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.paired.world/whitepaper/token-ecosystem.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.