> For the complete documentation index, see [llms.txt](https://niftsy-protocol-niftsy-1.gitbook.io/niftsy/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://niftsy-protocol-niftsy-1.gitbook.io/niftsy/key-documents/white-paper/tokenomics.md).

# The architecture of the Project and the role of the Token

So, the Project’s architecture looks like this.

![](/files/-MeVQw3PI_KeWpQT99Lc)

It is important to note the following principles of model formation. They are listed below.

1. **The links between** “Protocol - Oracle – Index” are formed initially from the bottom up, but after that the Project works from all three elements.
2. **Oracle and Index** can be created outside the Project, but Protocol cannot.
3. **All three entities** are based on primitive transactional reputation models, that means, they consider a) quantitative; b) temporal; c) subjective criteria.
4. **All elements** operate on the basis of openness, decentralization, and consider all entities (scripts, AIs, users, etc.) as possible actors in the Project.
5. **All three entities** interact with each other through the Token functionality which is a necessary element of the Project ecosystem.

The features of the Token are discussed in more detail below.