3. Technical Specification

3.1 Why Cosmos SDK

Requirement	Cosmos Solution	Alternative Limitation
Anti-speculation architecture	Consensus-level token design	EVM chains assume transferability
Cultural governance	Custom governance module	Platform governance serves platform
Long-term sovereignty	Independent chain operation	Dependent on host chain decisions
Ecosystem potential	IBC interoperability	Siloed or bridge-dependent
Purpose-built economics	Custom fee/reward structure	Constrained by platform economics

3.2 Exhibition Module (CosmWasm)

// Core exhibition token - non-transferable by design
pub struct Exhibition {
    pub id: String,
    pub artist: Addr,
    pub curator: Addr,
    pub metadata_uri: String,
    pub created_at: Timestamp,
    pub total_licenses: u64,
    pub active_licenses: u64,
    pub status: ExhibitionStatus,
}

// No Transfer message exists - speculation is architecturally impossible
#[cw_serde]
pub enum ExecuteMsg {
    CreateExhibition { metadata_uri: String, curator: Addr },
    UpdateMetadata { exhibition_id: String, metadata_uri: String },
    Deactivate { exhibition_id: String },
    // Note: No Transfer variant - by design
}

3.3 License Module

pub struct License {
    pub id: String,
    pub exhibition_id: String,
    pub host: Addr,
    pub start_time: Timestamp,
    pub end_time: Timestamp,
    pub fee_paid: Uint128,
    pub geographic_zone: String,
    pub venue_type: VenueType,
    pub status: LicenseStatus,
}

#[cw_serde]
pub enum ExecuteMsg {
    RequestLicense {
        exhibition_id: String,
        duration_days: u64,
        venue_type: VenueType,
    },
    ConfirmLicense { license_id: String },
    CompleteLicense { license_id: String },
    // License is bound to host - no transfer possible
}

3.4 Payment Distribution

pub struct PaymentConfig {
    pub artist_share: Decimal,      // 40%
    pub curator_share: Decimal,     // 20%
    pub operations_share: Decimal,  // 30%
    pub commission_fund: Decimal,   // 10%
}

// Automatic distribution on license confirmation
fn distribute_payment(
    deps: DepsMut,
    license: &License,
    exhibition: &Exhibition,
) -> Result<Response, ContractError> {
    let config = PAYMENT_CONFIG.load(deps.storage)?;
    
    let artist_amount = license.fee_paid * config.artist_share;
    let curator_amount = license.fee_paid * config.curator_share;
    let ops_amount = license.fee_paid * config.operations_share;
    let fund_amount = license.fee_paid * config.commission_fund;
    
    // Instant distribution - no intermediary holds funds
    Ok(Response::new()
        .add_message(BankMsg::Send {
            to_address: exhibition.artist.to_string(),
            amount: vec![coin(artist_amount.u128(), "unt")],
        })
        .add_message(BankMsg::Send {
            to_address: exhibition.curator.to_string(),
            amount: vec![coin(curator_amount.u128(), "unt")],
        })
        // ... operations and fund distributions
    )
}

3.5 Network Economics

Token: UNT (Unit of Nonterritorial)

• Used for license fees and governance

• Not traded on exchanges (by design)

• Acquired through fiat on-ramps or earned through participation

• Deflationary through commission fund lock-up

Transaction Costs:

• License transaction: ~$0.01-0.05

• Exhibition registration: ~$0.10-0.50

• Governance vote: ~$0.01