(no title)
all2 | 1 month ago
Naming things is hard, and this particular name is probably not the final name.
What lives behind the link is a vibe-coded example of the end application. It has all the basics, but pulls caching (CDN) and moderation into the main app. In the end product, these too will be services.
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A quick overview of my idea:
# Agents
An agent is a discrete actor in the economic system that has roles/responsibilities that are generally orthogonal to any other agent.
## Producer
The producer agent is the primary source of content in the system. Producers spend cash and time to create content.
## Consumer
The consumer agent is the primary beneficiary of a producer's efforts. Consumers spend time (and attention) watching content made by producers.
## Service Provider
Every other part of this micro-economy is some kind of service-provider; whether it be a cache for content delivery, transcription, moderation, legal compliance, etc., all are in service of supplying the consumer with the creator's content.
# Economics
This application is designed to be a cash-for-services engine rather than a store-of-value like its forebears (speaking of crypto schemes as stores of value). This means that the health of the system can be directly measured by the flow of cash instead of by the amount of liquidity held.
Cash enters the network one of two ways: advertisement dollars paid to a producer in exchange for consumer view time, or consumer dollars paid to the producer for ad-free content.
## Producer -> Consumer Axis
The primary axis of this micro economy is the exchange of goods and money between producers and consumers. Generally this is a one way relationship. Consumers may 'subscribe' at the network level (covered later), at the producer level (a channel subscription), buy content one-at-a-time, OR suffer advertisements and recieve content free.
## Producer/Consumer <-> Advertiser Axis
The last option expands the producer-consumer economic axis into a producer/consumer-advertiser relationship, where the producer sells their viewer's time/attention to an advertiser in exchange for the advertiser injecting ads into the producer's content.
## Producer <-> Service Providers
In the course of supplying content to consumers, producers require additional services; among these are UI, discovery (curation), moderation and legal compliance (where necessary), hosting (caches), payment processing -- getting cash into and out of the network, etc. All of these draw on the producer's income and only the producer's income.
## Position Value Tax, or PVT
As service providers become more central, they are taxed for the privelege of benefiting from the network in a major way. The more central/used a service provider is in a network, the higher their taxes are.
These taxes are held in a central treasury and split amongst all actively contributing agents on the network (producers and service providers) for the previous period of time. The distribution of this "Universal Participation Dividend" (UPD) happens every set period of time (TBD) and may be pro-rated for a given period of time.
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Demo User Accounts (password: password123)
- Producer – producer@test.com – Upload videos, view revenue & transactions - Advertiser – advertiser@test.com – Create campaigns, upload ads, track performance - Curator – curator@test.com – Feature content in playlists, earn curation fees - Consumer – consumer@test.com – Watch videos, browse, track history
This is far from complete, but I figured I would throw it out there. Ship fast and all that.
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