Difference between revisions of "Family tokens"

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Family tokens are one of the four kinds of [[token]] on the Byteball platform. A token economy system is one of the fastest and most effective ways to get kids to follow the rules. Similar to a traditional reward system, kids earn tokens throughout the day. Then, tokens can be exchanged for bigger rewards.<ref>https://www.verywellfamily.com/create-a-token-economy-system-to-improve-child-behavior-1094888</ref>
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Family tokens are one of the four kinds of [[token]] on the Obyte platform. A token economy system is one of the fastest and most effective ways to get kids to follow the rules. Similar to a traditional reward system, kids earn tokens throughout the day. Then, tokens can be exchanged for bigger rewards.<ref>https://www.verywellfamily.com/create-a-token-economy-system-to-improve-child-behavior-1094888</ref>
  
 
{{#ev:vimeo|https://vimeo.com/255212862|thumb|right|'''Family tokens'''}}
 
{{#ev:vimeo|https://vimeo.com/255212862|thumb|right|'''Family tokens'''}}
  
 
==Overview==
 
==Overview==
Traditional ways of doing this include stickers on wall-charts and tokens such as special marbles kept in jars. Our system uses Byteball wallets on the family members' personal cellphones. Let's pretend the Smart family is Mom, Dad, Bobby, Jane, and Rusty the dog. Jane Smart has a separate wallet for Rusty.
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Traditional ways of doing this include stickers on wall-charts and tokens such as special marbles kept in jars. Our system uses Obyte wallets on the family members' personal cellphones. Let's pretend the Smart family is Mom, Dad, Bobby, Jane, and Rusty the dog. Jane Smart has a separate wallet for Rusty.
  
 
==Set-up==
 
==Set-up==
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===Everyone has a wallet===
 
===Everyone has a wallet===
It is assumed each of the humans has a smartphone already. If not, they can be bought very cheaply. In ASDA (big UK supermarket), one running Android 7.0 goes for £35, or one running Android 5.1 for £20. Both work perfectly for Byteball, including cameras for scanning QR codes.
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It is assumed each of the humans has a smartphone already. If not, they can be bought very cheaply. In ASDA (big UK supermarket), one running Android 7.0 goes for £35, or one running Android 5.1 for £20. Both work perfectly for Obyte, including cameras for scanning QR codes.
  
 
===Wallet details===
 
===Wallet details===
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It is not essential, but there are benefits if everyone pairs phones with each other. Apart from the encrypted chat, one can then use smart contracts if desired.
 
It is not essential, but there are benefits if everyone pairs phones with each other. Apart from the encrypted chat, one can then use smart contracts if desired.
  
One party gives the other a pairing code, either written out in full or via QR code. Generate this in Byteball wallet chat by clicking on "+ Add a new device" then "Invite the other device". It will look something like AhHPXCpCSTzD1CF53ELGTAsZ6MCA8Ogvk+koyibfPt/2v@byteball.org/bb#GxVBizZ2DSEf. The other party in Byteball wallet chat clicks on "+ Add a new device" then "Accept invitation from the other device" and pastes the pairing code into the almost-invisible line above the "pair" button.
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One party gives the other a pairing code, either written out in full or via QR code. Generate this in Obyte wallet chat by clicking on "+ Add a new device" then "Invite the other device". It will look something like AhHPXCpCSTzD1CF53ELGTAsZ6MCA8Ogvk+koyibfPt/2v@obyte.org/bb#GxVBizZ2DSEf. The other party in Obyte wallet chat clicks on "+ Add a new device" then "Accept invitation from the other device" and pastes the pairing code into the almost-invisible line above the "pair" button.
  
 
===Transaction fees===
 
===Transaction fees===
Every transaction that moves "Credits" from one wallet to another will cost maybe 1000 bytes. Make sure everyone has enough. If the kids waste their bytes, they can buy more with regular money. But note that "Credits" cannot be bought for regular money.
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Every transaction that moves "Credits" from one wallet to another will cost maybe 1000 bytes. Make sure everyone has enough. If the kids waste their bytes, they can buy more with regular [[money]]. But note that "Credits" cannot be bought for regular money.
  
 
==How it works==
 
==How it works==
 
The exact system of what behaviours earn how many tokens and what rewards these tokens can be exchanged for (family trips to the movies etc) will need to be worked out by the family concerned. See, for example, the '''Very Well Family''' website for some ideas.
 
The exact system of what behaviours earn how many tokens and what rewards these tokens can be exchanged for (family trips to the movies etc) will need to be worked out by the family concerned. See, for example, the '''Very Well Family''' website for some ideas.
[[File:Bobby-10credits.jpg|left|thumb]]
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[[File:Bobby-10credits.jpg|left|thumb|upright=0.67]]
===Individual and group tokens===
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* Bobby mows the lawn, and Jane does the laundry, each receiving tokens per the agreed list.
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===Credits and Rewards===
* The kids get tokens for being friendly to each other, i.e. not fighting, for a whole day. They get the same number to each wallet. The group tokens encourage peer pressure: "If we fight we don't get the 20 credits today, so just chill out, all right?"
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To avoid confusion, it might be best to refer to the tokens handed out to the children as '''credits''' (whether the actual name is Credits or Smarts or Woos or whatever), and what they can be "cashed in" for as '''rewards'''.
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===Individual and group credits===
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* Bobby mows the lawn, and Jane does the laundry, each receiving credits per the agreed list.
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* The kids get credits for being friendly to each other, i.e. not fighting, for a whole day. They get the same number to each wallet. The group credits encourage peer pressure: "If we fight we don't get the 20 credits today, so just chill out, all right?"
  
 
===Individual and group rewards===
 
===Individual and group rewards===
* The kids spend their tokens on individual rewards: Bobby wants to stay up late to watch a TV show, and Jane wants to try some of Mom's new make-up.
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* The kids spend their credits on individual rewards: Bobby wants to stay up late to watch a TV show, and Jane wants to try some of Mom's new make-up.
 
* The kids cash them in to go on a family outing to the theme park.
 
* The kids cash them in to go on a family outing to the theme park.
  
===Tokens from Treasury===
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===Credits from Treasury===
When tokens are earned, per the family system, a parent sends them from Treasury to the kid's wallet. This can include use of a [[Oracle#Personal_oracles|personal oracle]], if you wish.
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When credits are earned, per the family system, a parent sends them from Treasury to the kid's wallet. This can include use of a [[Oracle#Personal_oracles|personal oracle]], if you wish.
  
===Tokens to Treasury===
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===Credits to Treasury===
When tokens are exchanged for rewards, the kid sends the appropriate number to the Treasury wallet.
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When credits are exchanged for rewards, the kid sends the appropriate number to the Treasury wallet.
  
 
===Explorer===
 
===Explorer===

Latest revision as of 18:14, 21 January 2019

Family tokens are one of the four kinds of token on the Obyte platform. A token economy system is one of the fastest and most effective ways to get kids to follow the rules. Similar to a traditional reward system, kids earn tokens throughout the day. Then, tokens can be exchanged for bigger rewards.[1]

Family tokens

Overview

Traditional ways of doing this include stickers on wall-charts and tokens such as special marbles kept in jars. Our system uses Obyte wallets on the family members' personal cellphones. Let's pretend the Smart family is Mom, Dad, Bobby, Jane, and Rusty the dog. Jane Smart has a separate wallet for Rusty.

Set-up

Create the tokens

Mom uses some tokens from the fun-coins faucet, or preferably creates 1000 personalised "Credits by Mom Smart" (or whatever)[2], stores them in the "Treasury" wallet, and is mostly in charge of distributing them.

Everyone has a wallet

It is assumed each of the humans has a smartphone already. If not, they can be bought very cheaply. In ASDA (big UK supermarket), one running Android 7.0 goes for £35, or one running Android 5.1 for £20. Both work perfectly for Obyte, including cameras for scanning QR codes.

Wallet details

Use single-address wallets to reduce confusion.

  • Mom: Personal "mom" plain wallet; Treasury 1of2 multisig wallet
  • Dad: Personal "dad" plain wallet; Treasury 1of2 multisig wallet
  • Bobby: Personal "Bobby" plain wallet
  • Jane: Personal "Jane" plain wallet; "Rusty" plain wallet.

Address list

Each person has the following named addresses in their wallet address lists: Treasury, Mom, Dad, Bobby, Jane, Rusty. This makes it easy to move the tokens around.

Pairing

It is not essential, but there are benefits if everyone pairs phones with each other. Apart from the encrypted chat, one can then use smart contracts if desired.

One party gives the other a pairing code, either written out in full or via QR code. Generate this in Obyte wallet chat by clicking on "+ Add a new device" then "Invite the other device". It will look something like AhHPXCpCSTzD1CF53ELGTAsZ6MCA8Ogvk+koyibfPt/2v@obyte.org/bb#GxVBizZ2DSEf. The other party in Obyte wallet chat clicks on "+ Add a new device" then "Accept invitation from the other device" and pastes the pairing code into the almost-invisible line above the "pair" button.

Transaction fees

Every transaction that moves "Credits" from one wallet to another will cost maybe 1000 bytes. Make sure everyone has enough. If the kids waste their bytes, they can buy more with regular money. But note that "Credits" cannot be bought for regular money.

How it works

The exact system of what behaviours earn how many tokens and what rewards these tokens can be exchanged for (family trips to the movies etc) will need to be worked out by the family concerned. See, for example, the Very Well Family website for some ideas.

Bobby-10credits.jpg

Credits and Rewards

To avoid confusion, it might be best to refer to the tokens handed out to the children as credits (whether the actual name is Credits or Smarts or Woos or whatever), and what they can be "cashed in" for as rewards.

Individual and group credits

  • Bobby mows the lawn, and Jane does the laundry, each receiving credits per the agreed list.
  • The kids get credits for being friendly to each other, i.e. not fighting, for a whole day. They get the same number to each wallet. The group credits encourage peer pressure: "If we fight we don't get the 20 credits today, so just chill out, all right?"

Individual and group rewards

  • The kids spend their credits on individual rewards: Bobby wants to stay up late to watch a TV show, and Jane wants to try some of Mom's new make-up.
  • The kids cash them in to go on a family outing to the theme park.

Credits from Treasury

When credits are earned, per the family system, a parent sends them from Treasury to the kid's wallet. This can include use of a personal oracle, if you wish.

Credits to Treasury

When credits are exchanged for rewards, the kid sends the appropriate number to the Treasury wallet.

Explorer

Since all the relevant wallets are single-address, and these addresses are known, everyone can see all the relevant token transactions.

The dog?

The dog is included for family harmony.

See also

References