Non-Market Tokenomics

**Non-market token design** is the discipline of building internal accounting units that cannot accidentally become speculative assets. For Voz this means restricting transfers to approved modules and refusing integration paths that turn mutual credit into a tradeable commodity. The point is to support cooperation, not price discovery.

**The first protection is technical.** Voz should be a restricted-transfer unit where value can only move via the timebank’s contracts and APIs.

**The second protection is structural.** Credit limits, velocity caps, and pledge expiry prevent infinite borrowing and hoarding. Optional demurrage can discourage long-term accumulation and keep the system circulating.

**The third protection is governance.** The Pangalactic Constitution defines the purpose of Voz and forbids external exchange. Violations are not merely technical faults but breaches of the social contract. This is where the lore helps: the Vogon economy collapses because it confuses paperwork with legitimacy, while the Hitchhiker economy survives because legitimacy is co-authored.

A non-market design still has to be enjoyable. It must feel like a game, a creative commons, and a learning culture. If people experience Voz as a measure of shared agency rather than money, the system has a chance to remain mutual even as it spreads across the galaxy.

# See