CVC
The new concept of reputation metricts
Traditional reputation systems are broken. Star ratings can be manipulated, reviews can be faked, and the professional history you build on one platform is trapped there forever.
In Aladin, we would like to introduce a new concept, CVC - Committed Value in the Contract, which is Aladin's revolutionary answer to this problem. It is your permanent, verifiable, and user-owned "Web3 Resume," built directly on the Cardano blockchain.
Think of it as a numerical trust score that grows with every successful job you complete. It represents the total value of commitments you have successfully honored within the ecosystem, providing an undeniable record of your reliability and experience.
Why CVC is a Game-Changer
CVC is fundamentally different from any reputation system that has come before it.
Immutable & Verifiable: Because it's recorded on the blockchain, your CVC score cannot be faked, altered, or deleted by anyone—not even us. It is a permanent testament to your work ethic.
Objective & Price-Agnostic: This is the key innovation. Your reputation should not be a victim of market volatility. CVC is calculated based on the stablecoin value of the committed tokens at the time of the contract. This means a $100 commitment always adds the same value to your reputation, regardless of whether the token price is high or low.
Portable & User-Owned: Your CVC score is tied to your digital identity, not to the Aladin platform. It belongs to you. You can take this verifiable reputation anywhere across the Web3 ecosystem, finally breaking free from the "data silos" of traditional platforms.
Transparent: Anyone can verify the history of contracts that contributed to a CVC score, providing a level of transparency that builds profound trust.
How CVC Works: A Simple Breakdown
The process is designed to be seamless and fair, happening automatically in the background.
The Commitment: When a client (Aladin) and a freelancer (Genie) begin a job, they both commit an agreed-upon value of $LAMP tokens into the smart contract. This acts as a mutual promise to honor the agreement.
The Calculation: The protocol calculates the stablecoin value (e.g., pegged to DJED) of the committed $LAMP at that moment. This number is the potential CVC points for this specific contract.
The On-Chain Record: When the job is successfully completed and payment is approved, the smart contract automatically updates the CVC score for both the Aladin and the Genie. Your new, higher CVC score is permanently recorded on the blockchain as a cumulative total of all your successful work.
The Benefits of CVC: For Everyone
For Genies (Freelancers):
Build a Global Resume: Create a powerful, verifiable track record that speaks louder than any CV.
Stand Out from the Crowd: A high CVC score instantly signals your reliability and experience to potential clients.
Level the Playing Field: Compete based on the merit of your work and commitment, not your geographical location or platform-specific reviews.
For Aladins (Clients):
Hire with Cryptographic Confidence: Instantly verify a freelancer's track record and commitment level.
Quickly Identify Top-Tier Talent: CVC acts as a powerful filter, helping you find the most reliable and experienced professionals.
Reduce the Risk of Bad Hires: A strong CVC history is the best indicator of a freelancer who delivers on their promises.
For the Entire Ecosystem:
CVC creates a foundational layer of trust that makes the entire platform safer and more efficient. It fosters a culture of accountability and excellence, benefiting everyone involved.
CVC is more than a score; it's the currency of trust in the new decentralized economy.
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