joaosantos15
commented
6 years ago Using Curation Markets to maintain the Publisher Network
In recent weeks I have been doing some reading on something called Curation Markets and I believe it to be a useful model for a reputation mechanism in DClaims.
This is an excerpt from this great introductory article on Curation Markets:
The core, functional components of curation markets involve:
- A token that can be minted at any time (continuous) according to a price set by the smart contract.
- This price gets more expensive as more tokens are in circulation.
- The amount paid for the token is kept in a communal deposit.
- At any point in time, a token can be withdrawn (“burned”) from the active supply, and a proportional part of the communal deposit can be taken with.
- The tokens are used to bond it to curators per sub-topic, who then curate information with their proportional backing
The key idea here is to use a native token to curate information. The more valuable the curated information is, the more valuable the token is. E.g. A curation market could be used to curate Reddit posts. A Reddit upvote corresponded to a user attributing tokens to a certain post or comment.
In the context of DClaims, we could think of a curation market to maintain a list of Publishers. There would be a mechanism designed to incentivise publishers to be well behaved, and maintain the network. By doing to, they would i) be rewarded with tokens and ii) improve the quality of the network, which in turn would lead the token to appreciate.
cc @nuno-santos
A list of more articles related to this topic: https://medium.com/@simondlr/curation-markets-curved-bonding-update-02-april-2018-87c593d629c2
This issue will be used to keep track of possible research routes for the DClaims platform.