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Article

DVIT—A Decentralized Virtual Items Trading Forum with Reputation System †

1
Faculty of Data Science, City University of Macau, Macau, China
2
National Institute of Education (NIE), Nanyang Technological University, Singapore 637616, Singapore
3
Faculty of Finance, City University of Macau, Macau, China
4
College of Computer and Data Science, Fuzhou University, Fuzhou 350025, China
*
Author to whom correspondence should be addressed.
An earlier version of this paper was presented at the Conference on CCNIS2022. Its number is ccnis2022-0053. This article is one of the results of MOST-FDCT Projects (0058/2019/AMJ, 2019YFE0110300) (Research and Application of Cooperative Multi-Agent Platform for Zhuhai-Macao Manufacturing Service).
Mathematics 2023, 11(2), 429; https://doi.org/10.3390/math11020429
Submission received: 25 November 2022 / Revised: 27 December 2022 / Accepted: 6 January 2023 / Published: 13 January 2023

Abstract

The metaverse provides us with an attractive virtual space in which the value of the virtual property has been increasingly recognized. However, the lack of effective cross-metaverse trading tools and the reputation guarantee makes it difficult to trade items among different metaverses. To this end, a decentralized reputation system for virtual items trading forum named DVIT is devised. To the best of our knowledge, DVIT is the first decentralized cross-metaverse item trading prototype inspired by the online-game trading system. We designed the corresponding transaction function and realized the autonomous governance of the community by introducing the reputation mechanism. An improved election mechanism is proposed to improve efficiency based on Delegated Proof-of-Stake (DPoS). Through token rewards associated with activity levels, users’ motivation can be stimulated. The experiments indicate that our proposed scheme could dynamically measure the trustworthiness degree of the users through the dynamic reputation value and thereby exclude malicious users from the blockchain within 20 epochs.
Keywords: metaverse; blockchain; DPoS; video games; virtual economy; virtual worlds metaverse; blockchain; DPoS; video games; virtual economy; virtual worlds

Share and Cite

MDPI and ACS Style

Ying, Z.; Lan, W.; Deng, C.; Liu, L.; Liu, X. DVIT—A Decentralized Virtual Items Trading Forum with Reputation System. Mathematics 2023, 11, 429. https://doi.org/10.3390/math11020429

AMA Style

Ying Z, Lan W, Deng C, Liu L, Liu X. DVIT—A Decentralized Virtual Items Trading Forum with Reputation System. Mathematics. 2023; 11(2):429. https://doi.org/10.3390/math11020429

Chicago/Turabian Style

Ying, Zuobin, Wusong Lan, Chen Deng, Lu Liu, and Ximeng Liu. 2023. "DVIT—A Decentralized Virtual Items Trading Forum with Reputation System" Mathematics 11, no. 2: 429. https://doi.org/10.3390/math11020429

APA Style

Ying, Z., Lan, W., Deng, C., Liu, L., & Liu, X. (2023). DVIT—A Decentralized Virtual Items Trading Forum with Reputation System. Mathematics, 11(2), 429. https://doi.org/10.3390/math11020429

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