...snip...
Can we have a reputation coin built into ORA somehow?
I'm glad you asked! Yes, reputation is something I want to incorporate into Ora. I have some ideas to break new ground in this arena. But as always, I'm accepting ideas from the community on this (and everything else).
kind regards,
nio
Please take a look at this thread from the Counterparty forum.
https://forums.counterparty.co/index.php/topic,220.0.htmlThis is a very interesting proposal to monetize the reputation of any particular seller by making it possible to issue an insurance policy on that seller. I don't know whether this could be built into a coin at the core.
This proposal went in a number of productive directions, but ultimately the one driver of the discussion lost interest. I am sharing it here because it's too interesting an idea to leave alone. I do not have the technical knowledge to be able to code such a thing, but am quite capable of creating use cases and imagining how this might work from a user's perspective.
If you decide to go in this direction, I would love to contribute.
Hey, thanks sparta_cuss!
I agree that moneitizing reputation effectively to both prevent scams, and to facilitate more effective online commerce is one of the 'holy grails' at the moment. The great thing with online life is you can still be anon if you want, but that shouldn't stop you accumulating a 'good' reputation that transports easily from one environment to another. A coin that builds a reputation system into its ecosystem, and somehow uses that to prevent scams, compensate victims, and reward good honest behaviour is something I'm very interested in pursuing, so I'll definitely check that proposal out some more.
Here's a really good TED talk on reputation capital that I found very thought provoking -
https://www.ted.com/talks/rachel_botsman_the_currency_of_the_new_economy_is_trustthanks