

. Occupants can choose to either do their own improvements or hire others to the improvements, just as in the real world.
. We will limit service providers to those who have the proper understanding and can warranty their work. Since this is a virtual world, the work is documented virtually with a digital signatureImproving property by purchasing improvements that increase the value of the property
Design
Construction
Maintenance
on all the changes made to the virtual property.
. Service providers will have all their work monitored by the SPaaC game and rated for value by the consumers.


world of SPaaC

The following is not in any order of importance
.Transportation such as rental cars, air travel, cruises and vacation travel.
.Food from takeout and grocery vendors
.Entertainment from special events to special streaming events
.Healthcare monitoring that includes basic metabolic maintenance, weight management, diet management and minor emergency care
.Interior space improvements from furniture and appliances designed to enhance their personal designed SPaaC properties.

. Virtual Value could be bought and appraised for additional value just like home improvements increase the value of real world property. The SPaaC subscriber pays an additional fee for these improvements.
. In the actual SPaaC world improvements could be offered as additional cost items paid for as additional fees over time. So if someone wanted to upgrade an appliance, they could for a fee. If they wanted an upgraded patio, then that could also be provided. Additional space might not work in the same location but often that means moving in the real world and the same is probably true in SPaaC as well.

. When the new virtual owner documents their property by showing it off with a video of the space being used or in documenting the existing real world title or property survey or easements. Each of these add exposure and pride of ownership. In the end, these should offer a higher valued collectable for the next potential owner.
. Remember, value is in the eye of the beholder, so the more inviting a virtual owner can make their space the more valuable it may become.
. Creating events that either have happened or could happen at a place can also create or destroy value for a property.


. Turning the time-worn business of real estate on it's head by introducing a new concept of occupancy as a service (OaaS) for residential users. The blending of personal services with the right to occupy a property that creates a lifestyle that is easy to manage sums up our product called SPaaC (SPace-as-a-serviCe)

. Our property law appears to reward the mere claim of occupancy of a domicile with certain rights to maintain that shelter. Landlords ride a narrow rail of management that can result in loss from abusive tenants or abusive and exploitative policies that take advantage of tenants.
. Our tenancy supplies far more than shelter. We propose to include utility, communication, entertainment and even food. Think of a concierge at an extended-stay hotel.
. The problems arise when there is a termination of payments from the subscriber and the legal due process rights that Landlord - Tenant law in the various states confer on the Tenant. We might cease all services that do not threaten life and security, but may have to continue power, water and sanitary services.
. We would strive to create some kind of buffer for subscribers so they have some protection if difficulties arise. Our goal is to help them maintain a safe domicile and continued income and employment.
?? How would we implement these ideas in the game??

. SPaaC is built on a new understanding of property use and improvement. We will need to define this within the confines of the game to set expectations for the real world implementation.
. As an example, pledging a security against the occupancy services they wish to secure. This security pledge might come from value earned in the SPaaC Game.

Space Occupancy as a Service


. Occupancy is tied to a right purchased to stay in a space that delivers a level of service. The rights are not tied to a specific property, but are owned as an intangible right that gives the holder the right to receive services. A collection of services on a subscription plan that has flexibility for the user to select from a menu of available services that may be included as well as optional additional cost items.
. Initially, the legal issues surrounding traditional tenancy will cloud the relationship, SPaaC will need to be one of several other emerging change agents in the Real Estate sector advocating for a new class standing different from classic tenancy.
. SPaaC intends to increase the service levels and ease of use for our subscribers that go beyond the protections of traditional property tenancy.

virtual entity

. Just as in My Space owners can create a scenario game for how a space is used and created, we create a virtual world of SPaaC that users buy to show their personal style and power to others.
. As the property gains value in the virtual collector's world that value is expressed in real world fiat money as a trading basis of the Cryptocurrency coins used to purchase the SPaaC properties.
. Unlike the real world they don't own the property, but only have the right to occupy it until they decide they want to occupy another space that becomes available.

a basis in the real world.
. To gain interest and exposure for the idea of SPaaC we will create some basic documentation of iconic residential properties across the US and Europe where we expect our SPaaC real world properties to be available.
. SPaaC players could nominate buildings they would like to see in the world. All SPaaC would have to do is document enough of the building virtually to create a world and allow the new SPaaC occupant to make their improvements.

. Buildings that are primarily residential spaces. While some iconic large public buildings like the Hancock Center were mixed use, others like the Frank Lloyd Wright Price Tower in Bartellsville, OK or the the Sea Ranch Condominium, Sonoma County, or the Venturi House, Philadelphia. Buildings that are recognized for their style and endurance..

. A series of building models that foreshadows the designs for space by SPaaC. For the first time since the 1970's the market is demanding smaller spaces located more closely arranged around urban amenities of transport, entertainment and work.
. Taking a que from the market that has emerged for tiny homes and smaller spaces we would design or implement designs for small, energy efficient spaces others may have already completed such a some of the examples from the Solar Decathlon.
. Our designs take the spirit of these homes and embody them in fresh expressions of style and efficiency that the market has indicated a preference for.

SPaaC is based on modular design principles that can be enhanced with sensors and actuators to improve the functionality of a module. Modules may be as simple as furniture or collections of systems as a complex module like a complete house.

This is the size of unit we will most often deploy. From about 500 to just under 1,000 square feet in size. Designs that are optimized in three dimensions and emphasize the connection between outside and inside while being energy and water efficient to the point of being zero demand properties that could exist off-grid as well as in a city.

needed for a SPaaC property?
. Each property might have a slightly different requirement, based on the historical significance, public prominence and scale of the property. For instance, a FLW house like Falling Water or the Robie house would be different than one of the lesser Phoenix or Scottsdale houses.
. The private residence of a living person would probably not be exactly like the real residence for many reasons. Bill & Melinda Gates house wouldn't be recreated like their actual house is, but an approximation of reality. But a Newport summer house of the early 1900's might be complete in may respects with the real house since these are iconic museum pieces now.

creating space for others like a real-world
builder would.
. This allows us to establish a set of minimum property standards for the virtual world that others could build out and receive SPaaC coin value when the property is bought. There would probably be a premium for being able to participate in building a virtual property since we will loose some value in that creation.

. If we trade on an existing coin we avoid the initial coin offering issues since we are providing a tradable intangible asset. The issuance of SPaaC Coins later on may have securities issuance issues to address, but that can be dealt with after there is an income stream to establish the company and pay for the ICO as a security, which SPaaC Coin is very likely going to be classified as.

create scarcity?

. There is a limited number of residences that can be built in each neighborhood regardless of how the space is built out.

Smart Contracts

All land sales are recorded as a smart contract between parties and kept as a chained record of ownership with the property

. Each occupant of a property is recorded as part of the historical record of an improved property. Occupancy verification gives specific people the right to occupy that property and all the privileges attached.

. Contracts for improving land that is defined explicitly before the improvements are to be made. The final documentation of work completed becomes part of the historical record of the property and helps with the maintenance and ongoing value of the property.

Documentation
. Documentation that describes the property and its attributes and history. The more documentation a property has that is verified through other smart contracts, the higher its potential value is. Documentation helps maintain value of the physical property as well as the cultural value.
. Property documentation may not have any limitations on the amount of documentation that may be done, but each event is singular in its time and persons who were gathered in a specific time and place for any given activity.

. At this time there isn't a specific coin that is contemplated, this breakdown is only a suggestion as to how the Tokens will be allocated. A total number of tokens is not decided on at this time.

. A bounty to encourage those who bring others to the game. A 5% portion of total coin sales revenues will be put back into the coin allocation for Bounty payments. Sales will be from 45% of the total coin issuance..
. Buyers of completed properties must hold their property for at least 2 months and improve their properties with some form of documentation, exposure or enhancement before being sold. No "Pump-n-Dump" empty flipping.
. Subscribers that wish to HODL have no improvement requirements after one year of occupancy.

. Essentially a loan pool for distribution to property developers to help them open up properties. This is paid back after the sale of developed properties and continues to rotate to help property developers complete new development.
. Property Developers must create additional value by creating additional documentation, land improvements or exposure to the property and must hold their property rights for a minimum of three months, prior to a sale.No "Pump-n-Dump" empty flipping.
. Disbursements are for repayment of any Development incentive loan payments then a 3% transaction fee and finally any surplus goes to the Developer.
. Developers may hire SPaaC to manage their improved properties under a standard service agreement and receive a monthly income from subscribed property placed in service

Value retained by the originators and advisors of SPaaC Clin Game. Core team members, partners and advisors are limited in the amount of coins they may redeem until after 3 months in 6 month brackets for up to 2 years. Prevents significant coin value being dumped on the exchange market.

. Tokens paid to software infrastructure partners for their contribution in creating the SPaaC Coin Game.
. Platform Partners may not redeem tokens until 6 months have past since the establishment of the game.

. This is a kick-starter pool that is used to help start the game and get provide some incentive funds for Community Asset developers to provide community assets not subscribed to by occupant subscribers but does provide value to the community.
. This pool is replenished from a 3% fee on all space transactions after the initial contracts.
. Examples are building out an Event center, Commercial Development, or other community assets.

. This incentive allows gamers to receive real world value for their good behavior in the virtual SPaaC world.
. This allows players to learn good social skills while building value and passing along those values to new players in virtual SPaaC.

and
Access
. The game is based on a forked concept of both maintaining privacy and exposing assets for others to experience. The occupants of the virtual SPaaC world will have many of the same fears and concerns that occupants have in the real world.
. All people are open to some level of social interaction with other people.We use a series of privacy protection methods to control who knows where we live and how to find us. Some people are very open and public about some part of their lives and very private about others. While some are very private about all aspects of their lives. For some this is a personal security concern and for others it is only a personal preference-a physical versus a psychological need.
. SPaaC needs to reflect these natural needs of occupants in the virtual world and set the precedence for the eventual physical world of SPaaC.

The implementation of the SPaaC Coin game will set the stage for SPaaC subscription services. It could be a way to raise capital to create a real world from the virtual world revenue.


Use Augmented Reality to enhance
the experience of SPaaC?
. This has a direct link to the level of privacy the occupant allows for their space. The user must have a rather extensive range of control over the physical space as well as the descriptive attributes.

AR to highlight brands and amenities surrounding the SPaaC property
. Does linking a branded product to the SPaaC property create a privacy issue? Some occupants may not wish to reveal their location, even if they use or prefer a particular brand product. They may not want to reveal where they hold that product, even if they own one.

. Is our use case one of an open, undetermined set of users, or one where we know who and how many are participating? . . The first is a public, unrestricted and arbitrary case and the latter is a defined case.
. This means we do not need a system that allows anyone to participate, but is one that knows about the members and can control the consensus mechanism more easily.
. Now we know we can probably look at using FlureeDB and Hashgraph Swirls and likely dispense with mining overheads.


Problem: Currently, as of January 2018, there isn't a Bitcoin based blockchain coin that can support the transaction load of the real world logistics needs of SPaaC. Our initial projected transaction load is in excess of 1,000tps if we hold all the sensor data, service requests and payment transactions in a blockchain system. In the future this load goes to over 100,000tps when the number of managed units goes over 5,000


. Neither if these options are ready for service now. We may expect them to launch a serviceable software service product in 2018.
BitShares is in their coin offering now and may offer some initial support

Is not open for business to create deployed business applications, it is in a Beta testing and deployment stage without support for coins or real value transactions.
Their target is to have a commercial multiple tiered product by the end of 2018 that goes from Private to Federated to Public datasets.

. Essentially Hashgraph is only a consensus algorithm that as of 2/2018 does not have an associated coin or does it work as a public ledger. It is working for Credit Unions for private transaction verification inside the CU network and must work as a trusted party implementation.
. It appears that a Fluree stack might be able to use a Hashgraph consensus method and work from the POV that both have as a layered permission access scheme and allow consensus to work independently from data storage. Fluree uses a graphic DB to efficiently store varied data and Hashgraph uses tight encrypted data to implement virtual voting to create a permanent record of agreement.
. Hashgraph rides on top of or beside an existing data stream to provide security for writing transactions and reading them.

. Virtual voting means any member of the network has enough information to determine the legitimacy of prior transactions without explicit communication with others to determine the legitimacy of any transaction.
Specifically, analysing the gossip of gossip.

fair consensus
. Using time and legitimacy to give each transaction its proper place in the chain of events.