METHOD AND WEIGHTING OF ASSESSMENTAssignment 1: Understanding the basicsUnderstand in principle how to generate and capture the verifiable value impact of a good idea as a legal artefact that can, in turn, be tokenised and traded as an asset when incorporating decentralised technologies to solve problems that a given market sector or crowd care sufficiently about to invest in a start-upDue Date: By 9 am on Monday 24th May 2021Weighting (% of final grade): 30% ReportDescription of Assignment:Please include the following headings along with your answers and any other headers in Word format. The minimum required words will be announced in class.1. What is the difference between a benefit and its value impact?2. How do you verify and capture value as a legal artefact so it can be tokenised & traded?3. How do you assign a value-based asset to a tradable token?4. How could I use Low Code distributed automated App capabilities to apply value in a business context without having to code or use developers?5. How can I apply Smart Contracts incorporating legal, contractual laws and tribal agreements based on LORE to generate value-based assets?6. How can human attributes and virtues be employed in business models to generate additional value that underpins a meaningful, intended purposeful outcome?7. How can I increase my own net worth via value capture?8. What do I understand now that I regard as necessary, and how do I feel as a consequence?Learning Outcome(s) Assessed:1. Comprehension of the difference between a benefit of a good idea and any meaningful value impact of the benefit that can be captured and tokenised2. Holistic Investigation of the characteristics that decentralised technologies can make available to any solution set3. Deep and complex problem classification and problem-solving concerning value creation4. Sensemaking of all the moving parts, including technology, AI, legal, financial, interrelationships, and value, that might constitute a solution set for a good idea and structured as a digital ontology, embracing all the intellectual property that wouldmake a good idea work.5. Ability to conceive and fully embrace narratives that encapsulate the meaning, purpose and intent of a good idea, in particular, when a given crowd or market sector would regard a good idea as being sacrosanct to the point where actors would be willing to self-sacrifice value for the common good.Grading Criteria (What constitutes a good assignment?): The following guidelines for this assignment are outlined below and will be demonstrated in class.1. Ability to comprehend the notion of value and its impact within the context of the eco-system that a digital business operates within2. Capacity and willingness to undertake holistic Investigations of emerging capabilities3. Sensemaking of all the moving parts, and interest and ability to express the results as an overarching ontology4. Deep Problem Classification & Solving5. Ability to conceive and fully embrace narratives that enable people to comprehend the meaning and intent of a good idea
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