Thanks for sharing.
I definitely see the value of curators and agree a lot of value is not captured.
The DJ analogy is apt, because if we use the analogy to think about things it's easier to come up with a design for such a system on bitcoin (or even other systems such as referral programs like<a class="mention" href="/@tonicpow">@tonicpow</a> ). DJs come with reputation, and it's important that they retain their reputation. If a famous DJ started playing all kinds of songs just because it makes them money, they will quickly lose their reputation and nobody will listen to their station (followership). And their station will lose money.
In fact this is a big deal in any curation industry. See <a href='https://en.wikipedia.org/wiki/Payola'>https://en.wikipedia.org/wiki/Payola</a>
This is why I am trying to keep it simple for now. I think these business models should be implemented as the system reaches scale, and should not be used as a means to reach scale, because it can easily compromise the integrity of the network.
That said, it's all about experiment, so I will probably experiment with different approaches along the way in a "popup" fashion.
Thanks for sharing.
I definitely see the value of curators and agree a lot of value is not captured.
The DJ analogy is apt, because if we use the analogy to think about things it's easier to come up with a design for such a system on bitcoin (or even other systems such as referral programs like<a class="mention" href="/@tonicpow">@tonicpow</a> ). DJs come with reputation, and it's important that they retain their reputation. If a famous DJ started playing all kinds of songs just because it makes them money, they will quickly lose their reputation and nobody will listen to their station (followership). And their station will lose money.
In fact this is a big deal in any curation industry. See <a href='https://en.wikipedia.org/wiki/Payola'>https://en.wikipedia.org/wiki/Payola</a>
This is why I am trying to keep it simple for now. I think these business models should be implemented as the system reaches scale, and should not be used as a means to reach scale, because it can easily compromise the integrity of the network.
That said, it's all about experiment, so I will probably experiment with different approaches along the way in a "popup" fashion.