how does decentralized self-regulatory organization work?
It pplies DOeS, a liquid democracy method of platform policy and include witness group, advertisement nod witness group and audit commission.
What rights and duties has witness group?
Main policy/decision making bodies. Provide EVE coin block generation node. Elect advertisement nod witness. Decide advertisement fee, date use fee, Dapp developer fee, etc.. Operate decision support system(Loomio).
advertisement nod witness group and audit commission?
Advertisement nod witness group: Membership without voting rights. Provide ADD coin block generation node. Elected by witness group
how does decentralized self-regulatory organization work?
It pplies DOeS, a liquid democracy method of platform policy and include witness group, advertisement nod witness group and audit commission.
What rights and duties has witness group?
Main policy/decision making bodies. Provide EVE coin block generation node. Elect advertisement nod witness. Decide advertisement fee, date use fee, Dapp developer fee, etc.. Operate decision support system(Loomio).
advertisement nod witness group and audit commission?
Post
Topic
BoardTokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
only individuals (authors) can post on the platform?
Not always. Producer that produces content can be a specific press company.
and who makes a profit in this case?
Generally, an article produced by a reporter who work for a press company is owned by the press company according to the copyright law.
but the author has other ways to profit, right?
You are right. Although the reporter belongs to the press company, he can obtain a reputation and can receive rewards based on the activities other than producing an article.
So, he can delegate some of his rights through a smart contract with the press company?
Post
Topic
BoardTokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
It is clear already, that BAADD cause many problems, but how can we overwhelm them?
One of the solutions proposed by EXA Platform is to start a mechanism of pricing and compensation.
What does it mean? Who should pay and for what?
To explain it, at first, we need to learn the characteristics of a product called information which is a product distributed in the media platform. Information is everything that can be digitized, such as news, books, movies, music, images, social network services, and so on. All this information can be categorized by paying money or for free, and if we limit ourselves to information materials which are content produced by news and social media, they are generally free.
OK, but what does a price for information include?
There is a production cost, but the distribution cost is close to 0. Also, there is no additional expense for duplicating the content, so the marginal cost is close to 0 under digital environment.
I see. But whats wrong with free information?
Being free does not motivate the writers and guarantee the quality. Thus, consumers can waste their time in the flood of low quality content or can be drawn into content that seem information and be misused, as it was stated before.
And how will pricing and compensations deal with that?
It allows consumers to give the information, which we took for free up until now, a value and to compensate the authors for their content. Through this, we would be able to make a new, healthy media environment.
OK, thank you!))
Post
Topic
BoardTokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
It is clear already, that BAADD cause many problems, but how can we overwhelm them?
One of the solutions proposed by EXA Platform is to start a mechanism of pricing and compensation.
What does it mean? Who should pay and for what?
To explain it, at first, we need to learn the characteristics of a product called information which is a product distributed in the media platform. Information is everything that can be digitized, such as news, books, movies, music, images, social network services, and so on. All this information can be categorized by paying money or for free, and if we limit ourselves to information materials which are content produced by news and social media, they are generally free.
OK, but what does a price for information include?
There is a production cost, but the distribution cost is close to 0. Also, there is no additional expense for duplicating the content, so the marginal cost is close to 0 under digital environment.
I see. But whats wrong with free information?
Being free does not motivate the writers and guarantee the quality. Thus, consumers can waste their time in the flood of low quality content or can be drawn into content that seem information and be misused, as it was stated before.
And how will pricing and compensations deal with that?
Post
Topic
BoardTokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
It is clear already, that BAADD cause many problems, but how can we overwhelm them?
One of the solutions proposed by EXA Platform is to start a mechanism of pricing and compensation.
What does it mean? Who should pay and for what?
To explain it, at first, we need to learn the characteristics of a product called information which is a product distributed in the media platform. Information is everything that can be digitized, such as news, books, movies, music, images, social network services, and so on. All this information can be categorized by paying money or for free, and if we limit ourselves to information materials which are content produced by news and social media, they are generally free.
OK, but what does a price for information include?
There is a production cost, but the distribution cost is close to 0. Also, there is no additional expense for duplicating the content, so the marginal cost is close to 0 under digital environment.
I see. But whats wrong with free information?
Post
Topic
BoardTokens (Altcoins)
Re: [ANN][ICO] EMP - A New Media Ecological Blockchain for Unbundling BAADD Media
It is clear already, that BAADD cause many problems, but how can we overwhelm them?
One of the solutions proposed by EXA Platform is to start a mechanism of pricing and compensation.
What does it mean? Who should pay and for what?
To explain it, at first, we need to learn the characteristics of a product called information which is a product distributed in the media platform. Information is everything that can be digitized, such as news, books, movies, music, images, social network services, and so on. All this information can be categorized by paying money or for free, and if we limit ourselves to information materials which are content produced by news and social media, they are generally free.
OK, but what does a price for information include?