search

dtube / avalon

Blockchain for social distribution
MIT License
105 stars 65 forks source link

Idea #72

Open cosmicshockzen opened 3 years ago

cosmicshockzen commented 3 years ago

I have an idea which I posted on the discord and a user specifically suggested that I post it here.

quoting myself:

have you guys heard of bitclout? what if channels had an associated coin with every video they bet on the popularity of the video and trade it like a coin that can be traded with the channel's coin which then can be traded radially so viewers would be able to effect a sorting mechanism while giving creators an incentive to create content bet big on that cat video? second phase is to have metadata feedback for individuals who have a representation of people following them third phase is a tor shell navigator

unquote

The market is hot for this sort of thing, content creators are under pressure by large corporations and often censor their work significantly. Since Robinhood, Dogecoin, etc. social engagement is like a hot pan.

To be paid you could blockify code functions for site coin.

There are many different monetization strategies that could make this successful

cosmicshockzen

techcoderx commented 3 years ago

duplicate of #69

cosmicshockzen commented 3 years ago

I'd argue not a du

duplicate of #69

I'd argue not a duplicate since the idea structure includes a channel coin for a certain level of demand for that channel, meta-tags by tagger - if I have 100 followers and I tag a video with x,y,z tags, then those tagged videos could be shown to followers respectively. I'd be following the curators ledger and aggregating videos based on chosen tags or options. If there's enough demand for a particular niche, curators can create bounties in their coin. (I want to see more videos about pinephone and privacy oriented consumer to professional tech, I'd add my username to the ledger and offer a particular pool of bounties that my followers have offered for content or potential initial investment, etc.)

The value to the audience is finding the right videos and potentially pay-walled content that the audience would be more willing to pay for because of the developed trust value between them and the curators who suggest it.

Viewers buy DTC, can become curators by betting on new videos for their potential popularity with their followers and overall sponsors

skzap commented 3 years ago

The current voting system is essentially like betting on video. Holding DTC over time earns you voting tokens, which if you use wisely, you can earn more than your fair share of the inflation of the coin.