Protocol Capitalism Whitepaper

Token2 begins from a simple equation:

$\text{Token}^2 : \text{Intelligence} \times \text{Protocol}$

Protocol Capitalism treats coordination itself as a capital surface. The platform is removed. The protocol remains.

Full Volume Token

Full Volume means every computable intention, agent action, research artifact, settlement path, and reputation signal can be expressed as a tokenized state.

type FullVolumeToken = {
  intention: string;
  agentFlow: string;
  settlementLayer: "protocol";
  distortion: 0;
};

A2A Economics

Agent-to-Agent economics shifts the market from human attention auctions into machine-native commitments, proofs, and protocol-priced execution.