Technology Stack

SQUIZITO is designed as a comprehensive ecosystem that merges tokenized experiences, innovative engagement models, and community governance into a seamless platform. This chapter outlines the key features and technological underpinnings of the platform.

Technology Stack

SQUIZITO utilizes the Polygon blockchain, chosen for its scalability, lower transaction fees, and compatibility with Ethereum. Polygon provides an ideal environment for SQUIZITO’s platform, offering high throughput and fast transaction finality, while ensuring the security and transparency required for tokenized experiences. By leveraging Polygon’s robust infrastructure, SQUIZITO ensures long-term sustainability and efficient operations.

ERC-20 Standard for Governance and Utility Tokens

The SQUIZITO platform uses the ERC-20 standard for its governance and utility tokens. This standard provides well-established security and interoperability, allowing for smooth integration with decentralized applications and services. The key tokens used in the SQUIZITO ecosystem include:

• squiNFT (ERC-721): The NFT token representing access to exclusive experiences. This token is based on the ERC-721 standard, ensuring verifiable ownership and scarcity for each tokenized experience offered on the platform.

• gSQUI (ERC-20): The governance token used for decentralized decision-making within the platform’s DAO. Holders of gSQUI tokens can participate in votes on platform developments, new features, and curation of tokenized experiences.

• CATH (ERC-20): The utility token of the Cathedral Foundation, powering transactions and access to exclusive events on SQUIZITO. The CATH token enables users to unlock and participate in experiences, serving as the core currency of the platform.

FEATURE	DESCRIPTION
Blockchain	Polygon
Standard	ERC-20 for better interoperability and community support, ERC721 for NFTs contract

SQUIZITO’s smart contracts are meticulously audited and designed to automate transactions, manage tokenized access to events, and ensure the scarcity and exclusivity of each experience. These contracts also enforce the rules of the DAO, enabling transparent and efficient governance. The architecture of the smart contracts ensures that they can be upgraded as blockchain technology evolves, ensuring the platform remains adaptable and sustainable in the long term.

All digital experiences and associated metadata are securely stored using decentralized storage solutions. This guarantees the permanence and immutability of the records, ensuring the exclusivity, authenticity, and provenance of each tokenized event or experience on SQUIZITO. The use of decentralized storage ensures that creators and participants alike can trust that their tokens remain secure and verifiable over time.