2100

In 21OO, participants lock DAI to mint tokens that are linked to Twitter usernames. This process creates a unique token per Twitter account. Each account is represented as an ERC-20 token and has a fixed supply of 2,100. Collectively, the top 10,000 Twitter accounts would create a supply of 21 million tokens: 10,000 non-fungible groups of 2,100. The owner of a username on Twitter is entitled to 100 of their own tokens. A public marketplace of 'minters' compete to mint and own the remaining 2000 tokens. To mint 2100 tokens, participants 'stake' the DAI stablecoin on the Twitter username of their choice. Every block will generate 0.00021 username tokens per staked account until the maximum supply of 2,100 is reached. Assuming continuous staking and 15s Ethereum blocks, 2,100 tokens will be emitted in approximately 4.75 years. We believe that 2100 tokens have multiple forms of utility and create natural incentives for both minters and account owners. For example, 2100 tokens can facilitate a weighted (and sybil resistant) social graph.