# Validation of Value-Driven Token Economy: Focus on Blockchain Content Platform
## 4 Results and Discussion
Figure 12 visually represents the global weights for the sub-factors in Table 12. Of the 11 weights for a value-driven token economy, 'user engagement and empowerment' has the highest weight, followed by 'equitable reward distribution'. These two sub-factors belong to the top factor, 'people'. Figure 13 shows the global weights of all 11 sub-factors, divided into all the respondents and the blockchain experts and content experts among all the respondents. Among all the sub-factors, 'user participation and empowerment' and 'equitable reward distribution', which belong to the top factor, 'people', were the highest. These two sub-factors were ranked first and second among all the respondents and high among the blockchain and content experts. Among the respondents, blockchain experts had the highest weights of 0.184 for 'user participation and empowerment' and 0.177 for 'equitable reward distribution'. Therefore, blockchain experts contributed a lot to the high ranking of these two sub-factors. \begin{table}
\begin{tabular}{c c c c c} \hline \hline  & & & & \\ \hline
**Top Factor** & **Weight** & **Sub-Factors** & **Local Weight** & **Global Weight** & **Global Rank** \\ \hline \multirow{3}{*}{People} & \multirow{3}{*}{0.487} & User participation and Empowerment & 0.335 & 0.163 & 1 \\  & & Equitable Reward Distribution & 0.326 & 0.159 & 2 \\  & & Personalization of Platform Permissions & 0.168 & 0.082 & 6 \\  & & Community-Strengthening Mechanisms & 0.171 & 0.083 & 5 \\ \hline \multirow{3}{*}{Profit} & \multirow{3}{*}{0.242} & Diverse Reward Mechanisms & 0.236 & 0.057 & 10 \\  & & Value-Index-based Rewards & 0.264 & 0.064 & 9 \\ \cline{1-1}  & & Expanded Investment Opportunities & 0.229 & 0.055 & 11 \\ \cline{1-1}  & & Monetary Value of Tokens & 0.271 & 0.066 & 8 \\ \hline \multirow{3}{*}{Platform} & \multirow{3}{*}{0.271} & Immediate Reward Distribution & 0.357 & 0.097 & 4 \\  & & Data Transparency & 0.286 & 0.077 & 7 \\ \cline{1-1}  & & Data Integrity & 0.357 & 0.097 & 3 \\ \hline \hline \end{tabular}
\end{table} 
Table 12: Local and global weights and global ranks of all the factors: The ’people’ top factor has the highest weight (0.487), indicating that it is considered as the most crucial aspect of the decision-making problem. Within ’people’, ’user participation and empowerment’ is the most significant sub-factor, with a global weight of 0.163, making it the highest-ranked across all the sub-factors. Next, blockchain experts gave moderate weights to 'instant reward distribution', 'data transparency', and 'data integrity', which are features of the blockchain environment, reflecting their understanding of blockchain technology. Content experts, on the other  
Figure 12: Global weights of the total sub-factors (based on all the respondents): ‘user participation and empowerment’ is the highest of the 11 weighted factors for a value-driven token economy, followed by ‘equitable reward distribution’. Figure 13: Global weights of the total sub-factors (based on all, blockchain, and content respondents): Among all the sub-factors, ‘user participation and empowerment’ and ‘equitable reward distribution’, which belong to the top factor, ‘people’, were the highest. These two sub-factors were ranked first and second among all respondents and high among the blockchain and content experts. hand, weighted \"personalization of platform permissions\" and \"community strengthening mechanisms\" behind first place \"user participation and empowerment\" and second place \"equitable reward distribution. Content experts gave high weights to all four sub-factors that apply to users. Content experts also gave 'immediate reward distribution' the same weight as 'community-strengthening mechanisms', 0.091. To operate a value-driven token economy, smart contracts, which were previously applied only to reward management, are applied to each process of the login, member management, content valuation, reward system, and funding system to enhance the automatic execution program based on users' consensuses.