Liquid Access Tokens (LATs)
The core economic primitive of the Rankify Protocol is the Liquid Access Token (LAT). LATs represent a fundamental shift in how we manage access to digital resources, moving beyond static credentials to create a dynamic, liquid market for data and intellectual property.
A New Asset for the Data Economy
A LAT is a tokenized right to access a specific dataset or data stream at a defined quality level. Each LAT is a verifiable claim on a piece of intellectual property whose quality has been established through the meritocratic processes of the Rankify protocol.
Quantified Quality
Each LAT is tied to a specific, verifiable quality level, transforming subjective data quality into a quantifiable asset.
Liquid and Tradable
Unlike traditional access credentials, LATs are designed to be freely tradable, creating a dynamic, open market for data access.
Next-Generation IAM
LATs function as a sophisticated Identity and Access Management (IAM) system, enabling granular, programmable control over digital resources.
- One-Time Access: A LAT can be designed to be burned upon use, granting a single, exclusive access to the underlying data. This is ideal for buyers who require data exclusivity for training a proprietary AI model.
- Subscription Access: Holding a certain number of LATs could grant continuous access to a data stream for a defined period, functioning like a decentralized subscription service.
- Tiered Access: The quantity of LATs held could determine the level or granularity of data access, allowing for more sophisticated pricing and packaging of IP.