And
now for something completely different: Below I describe an idea I
had to use prediction markets and self-issued currencies (network
tokens or appcoins) as a way of curating content. Any feedback on
this idea is much appreciated (please note that stealing the idea and actually turning it into a product is the best kind of feedback!)
---
As
a content curator (e.g. Reddit) and/or publisher (e.g. the Let's Talk
Bitcoin network) you want to provide your audience with those
articles, videos, podcasts etc that they are most likely to
appreciate, and you want that content to be delivered to them fast
and in an easy-to-find way.
This project proposes to use a combination of prediction markets and self-issued network tokens (e.g. LTBCoin.com) to solve two main problems that a curator and/or publisher of content has to deal with in accomplishing these goals:
This project proposes to use a combination of prediction markets and self-issued network tokens (e.g. LTBCoin.com) to solve two main problems that a curator and/or publisher of content has to deal with in accomplishing these goals:
1.
the prevention or minimization of content being submitted that does
not meet minimum standards
2.
the incentivization, in proportion to its expected and actual
popularity, of the production, selection and promotion of original
content AND of the selection and promotion of content that already
exists elsewhere on the web
