# Validation of Value-Driven Token Economy: Focus on Blockchain Content Platform
## 4 Results and Discussion
Given that there are four sub-factors, the \(\lambda_{\text{max}}\) value is slightly above the ideal value of 4, suggesting that the consistency, although imperfect, is still within acceptable bounds. The fact that the \(CR\) value is below 0.1 further supports that this level of consistency is acceptable. Furthermore, when separating blockchain experts' and content experts' weightings, both groups of experts gave the highest weight to 'user engagement and empowerment'. However, blockchain experts weighted it as 0.368, and content experts weighted it as 0.300, indicating a weight difference. These two groups also ranked their responses differently. Blockchain experts ranked 'equitable reward distribution' second after 'user participation and empowerment', 'community-strengthening mechanisms' third, and 'personalization of platform permissions' fourth. Content experts ranked 'user engagement and empowerment' first, 'equitable reward distribution' second, 'personalization of platform permissions' third, and 'community-strengthening mechanisms' fourth. \begin{table}
\begin{tabular}{c c c c c} \hline \hline  & \multicolumn{2}{c}{**Blockchain**} & \multicolumn{2}{c}{**Content**} \\  & \multicolumn{2}{c}{**(15 Respondents)**} & \multicolumn{2}{c}{**(15 Respondents)**} \\ \hline
**Top Factor** & **Rank** & **Weight** & **Rank** & **Weight** \\ \hline People (Users) & 1 & 0.501 & 1 & 0.469 \\ Profit (Tokens) & 3 & 0.205 & 2 & 0.284 \\ Platform (Blockchain) & 2 & 0.294 & 3 & 0.247 \\ \hline SUM & & 1.000 & & 1.000 \\ \(CI\) & & 0.017 & & 0.016 \\ \(CR\) & & 0.032 & & 0.030 \\ \(\lambda_{max}\) & & 3.033 & & 3.031 \\ \hline \hline \end{tabular}
\end{table} 
Table 8: Relative importance of the top factors as ranked by blockchain and content experts: Blockchain experts ranked “people (users)” as the most important factor, followed by “platform (blockchain)” in second and “profit (tokens)” in third. Content experts ranked “people (users)” as the same as blockchain experts, but the second and “third factors were ranked differently. They ranked “profit (tokens)” in second and “platform (blockchain)” in third, showing a slight difference of opinion. The first and second rankings were the same for both groups, but the third and fourth rankings differed. Table 10 shows the four sub-factors under the top factor, 'profit (tokens)': 'diverse reward mechanisms', 'value-index-based rewards', 'expanded investment opportunities', and'monetary value of tokens'. Among all the respondents,'monetary value of tokens' ranked first among these four sub-factors, with a weight of 0.271, meaning that the actual monetary value of the token is most important to the bottom line. 'Value-index-based rewards' ranked second, 'diverse reward mechanisms' ranked third, and 'expanded investment opportunities' ranked fourth. The _CI_ value is 0.044, indicating that the respondents' opinions are relatively consistent, and the \(\lambda_{\text{max}}\) value is 4.131, which is a bit high with four sub-factors. Still, the _CR_ value is 0.049, indicating that the evaluations are consistent enough. When the weighted responses of the blockchain and content experts are separated, the results are very different. Blockchain experts ranked 'diverse reward mechanisms' first, followed by 'value-index-based rewards','monetary value of tokens' third, and 'expanded investment opportunities' fourth. Content experts ranked'monetary value of tokens' first, followed by 'value-index-based rewards', 'expanded investment opportunities' third, and 'diverse reward mechanisms' fourth. 'Value-index-based rewards' was ranked second by both groups, and this sub-factor was also ranked second by all the respondents. This shows that value-based rewards are important to both groups, despite their different fields of expertise. Table 11 shows three sub-factors under the top factor 'platform (blockchain)'. They are 'immediate reward distribution', 'data transparency', and 'data integrity', which smart contracts enable.