Introduction to Meme & Curation markets #knovigator
Introduction to Meme & Curation markets #knovigator
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Knovigator as market-powered reddit, quora hybrid. Compile websites or ideas into a quest and use market incentives to rank them for consumption or learning. Market-driven knowledge base.
This is superior to pure popularity contests because no economic penalties exist for getting things wrong, and no reward for being thoughtful to get things right
an example list might be: what is the strongest argument for Medicare For All?
Curation markets provide economic incentives to correctly predict the highest ranked members of a list according to that list's criteria.
Continuous curation or meme markets allow you to invest ethereum in some list entry and receive tokens back according to a function encoded in a smart contract.
The tokens are priced algorithmically so that the earlier you invest the more tokens you get. You're essentially speculating that the list item you invested in will be chosen by future curators.
The answers are ranked according to the amount of ethereum invested in each.
When you're ready, you'll be able to cash out. If you do so having been one of the earliest investors you'll make a profit while ranking your chosen item higher
The above articles assume that tokens will be generated per list and then the voting will proceed according to the share of tokens you have.
I propose that a different token is generated for each item in the list, this provides a monetary incentivize to choose the right item as the automatic curve dispenses more tokens the earlier you are.
more information about bonding curves: https://knovigator.com/quest/bonding-curve-token-ethereum-knovigator-powqenvo#
This model is different from TruStory because they do not require an investment to vote up an item, and distribute an initial amount of Tru to every user. It is more akin to a game token, rather than real money being exchanged
You can think of any list coming under this model, where Knovigator would allow you to convert any quest of any kind of item to a market. Which movie to go to with your friends? Which argument is the best? Which news narrative is true? Best solution to global warming? Best evidence for some claim you're making?
!quoted by metamitya
!quoted by metamitya