DELTA tokens are necessary to use the Agrello platform and to enable and incentivize various features in the system, as described in detail in this token utility paper.

1. Token Mechanics Summary

DELTA tokens are compatible with the ERC-20 standard, which will allow both contracts and wallets on the Ethereum blockchain to interact with the Agrello protocol.

The DELTA token will be the native token for all of the network services that require an interaction, both for template and contract developers, as well as for users of the protocol.

The Agrello protocol creates a secure off-chain link between parties entering a contractual agreement. The DELTA token facilitates the interactions between the parties. The protocol creates a dedicated off-chain contract storage for the parties, which is secured by a private key that is under the sole control of the contract party. The storage contains contract content information, such as obligations of contract data. The information in the contract is written in both (A) a human-readable layer and a (B) machine-readable layer, as well as © BDI-agent logic and other relevant metadata.

All contract relationship data located off-chain is hashed the moment an agreement is entered and the hash is registered on the blockchain. During the contract execution process each modification is checked against the contract content information hashed on-chain. When modification is allowed, the post-modification information is hashed and registered again and the procedure continues accordingly.

The DELTA token provides three primary network functions. First, it enables value flows between the on-chain and off-chain protocol dynamics for users and template developers, allowing users to enable specific features and create incentive mechanisms for developers in the ecosystem. Second, the DELTA token creates network effects between the users of the platform and seeks to encourage a vibrant community of template developers and template reviewers. As such, the DELTA token should be considered a native and internal token to the Agrello protocol. Lastly, the DELTA token acts as a secure and verifiable value transfer, to secure deposits in different currencies and across different blockchain protocols.

2 . Token Utility Specifications

Token functionality is provided for 3 primary utility groups: (A) Users and (B) Template Developers and Reviewers and © Data and Artificial Intelligence Agents. Additionally, the launch of the Beta version of the Agrello protocol aims to introduce additional token mechanics, as outlined below.

2.1 Agrello Protocol 1.0

2.1.1 For Users of the Agrello Protocol

DELTA is required to unlock contract templates DELTA is required to enable secure document signature

2.1.2 For Template Developers and Reviewers

DELTA is necessary to contribute templates to the public repository Template developers are rewarded DELTA when their templates are used by users Template reviewers are incentivized to create communities to review and verify templates belonging to their jurisdictions

2.2 Agrello Beta (2.0)

DELTA enables interoperability between various blockchain protocols, currencies and multi-network identities DELTA enables integration smart data, such as Oracles, off-chain data feeds and business intelligence tools DELTA allows integration of modular Artificial Intelligence components and contract self-awareness

3 . Token Utility Explanations

3.1 Unlock Agrello contract templates

When a user would like to offer services, he must choose a service type. He or she is matched with a contract template based on relevance. After choosing the template from the repository, the service provider populates the template with missing information and starts finding a customer. When a customer is found, the parties can start counter offering each other and opt to modify the template, if they so wish. Once an agreement is reached and a contract is signed, DELTA tokens are sent to the template creator on behalf of the service provider.

3.2 Enable secure document signature

In order to use the Agrello digital signature mechanism, a token deposit is required. The Agrello protocol verifies identities using a blockchain-based ID management system that secures user signatures on the blockchain. Depending on the user’s jurisdiction and user interface, different types of currency may be employed for the signature deposit. The token enables decentralized exchange mechanisms and a unified on-chain deposit mechanism. The service provider can choose whether to cover the cost of the signature for both of the parties or only for themselves.

3.3 Upload a template into the public repository

The Agrello protocol provides a public repository of templates, where specialists can upload contract templates for different jurisdictions all over the world. The templates can be updated at all times to reflect changes in law. To avoid spam or malicious overload of templates, the template uploader must deposit a network fee to cover gas costs for the initial upload.

3.4 Incentivize Contract Template Development

Whenever a template is utilized on Agrello, the developer of the template receives a specific pre-defined amount of DELTA, depending on complexity of the template and preference of the developer. The amount of DELTA deposited by the user can be fixed, or depend on the value of the monetary obligations contained in the contract. A consistent part of the DELTA deposit goes to the Agrello Foundation to cover ongoing costs of repositories and uphold the system.

3.5 Reward Template Review Communities

The Agrello protocol incentivizes the creation of communities of qualified template reviewers. These may be users with verified legal accreditations who belong to bar associations of the jurisdiction associated with a specific contract template. These reviewers may receive DELTA deposits when templates are used that they have reviewed and verified. While this increases the deposit per template, it also increases quality. Reviewed and verified templates are generally suggested.

3.6 Enable arbitration between different blockchain platforms and different currencies

Agrello has to cover several fees, including Ethereum network gas costs, in different currencies. Different users also prefer different currencies and payment methods to pay for the use of the platform. The Agrello token makes it possible to keep the internal technology and value transmission of Agrello unchanged, while allowing the integration of other value transaction methods to the external layer. This also allows simple integration of different blockchain platforms that require different currencies to use them. In addition, this allows agrello to provide an improved deposit mechanism inside the contract for conventional fiat currencies, which would be a very complex task for smaller organisations.

3.7 Deposit tokens for business intelligence and market data

The Agrello organisation will set up AI systems to track data analytics for business intelligence products. As the ecosystem grows, a lot of data will be collected from Agrello users, which will be very valuable to third parties for the purpose of enhancing business decisions. Agrello tokens will be required to access these business intelligence products. It should be emphasised that Agrello wan’t and can’t collect information from users without their explicit consent and cooperation. We will elaborate on data sharing mechanisms below.

3.8 Deposit tokens for AI features

Agrello will set up AI systems with machine learning capabilities. Based on big data mining, the AI can provide advanced advice to Agrello users. The AI could propose contract terms, negotiate prices, predict behaviour of contract parties and analyse risks. The use of these AI features will require token deposits.

3.9 Receive tokens for contributing contract data to the network

The AI capabilities of Agrello rely on big data, however Agrello is not in control of this information. Therefore, we offer contract parties the opportunity to contribute their data to Agrello’s big data pool. Users that choose to do so will receive a proportional share of the tokens that are paid for the products mentioned in paragraphs 7 and 8.