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AMPL team retweeted my tweet.
https://twitter.com/cryptofolyo/status/1490773174254202881?s=20&t=bQDVef8_q7bpUKmblNvtzg
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If there was some clever way, or if we wanted to trust someone to actively manage the money supply to peg it to something, the rules could have been programmed for that.
Satoshi Nakomoto The clever way has arrived. Enter $AMPL https://cryptofolyo.medium.com/from-satoshi-to-ampleforth-52fd9e0cb0c9
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What if satoshi built bitcoin today?
What would be changed. An analysis of his old posts. https://cryptofolyo.medium.com/from-satoshi-to-ampleforth-52fd9e0cb0c9
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What if Satoshi built bitcoin today?
Analysing satoshis own posts in ning. https://www.youtube.com/watch?v=qy5KZU0SmSA
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#IfSatoshiMadeBitcoinToday
What would it be like? What would the supply be like? A glimpse into satoshis mind through his own posts. https://cryptofolyo.medium.com/from-satoshi-to-ampleforth-52fd9e0cb0c9
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Do you know that you can invest on the CPI adjusted 2019 USD and if the demand for that USD increases in future maybe due to inflation then the quantity of CPI adjusted 2019 USD in your wallet increases proportionately?
https://ampleforth.org/dashboard/ $AMPL
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50k users already ...if only @tl accepted teamwork https://twitter.com/mattstew94/status/1485120562552786945?t=ihIzBzWgkSjNLECA5w5MuQ&s=19
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@CryptoGeezer people who dont understand what web3 is at all.
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Metafore Improvement Proposal - 001
-------------------- Micro Tipping Feature -------------------- 1. Any user can post content with or without ID 2. Any user who has staked a minimum of 100 MM can start microtipping. 3. 1 microtip = 1/100 of an MM Token 4. Any post you can tip any number of microtips. For some post u can send 1 microtip. For other posts you can send 10 microtips if you like it more. 5. When you microtip a post its relevance will increase. And 10 other people microtip the same post, then you earn 10% of the total microtip revenue of the post for ever. The first 10 others to Microtip the same post will earn 2.5% each. 15% of the total microtips will go to the metafora foundation for marketing etc. 50% of all the microtips will be reflected in the account of the original poster. The microtips will be only reflected in the account and can be withdrawed occasionally as and when the user can pay the gas fees. otherwise it is settled when the MM is unstaked. Continued in comments.
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@0x4adff07ca6a779e70295743fe6405dc3dbb37382 tipping a token is not money. its just a token. like a point in the mario game. how is it money?
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@englishmonkey Difficult maybe. But not impossible.
It just requires some few basic features to start with. A ledger account - ( not even required to be maintained onchain ) A settlement system - ( whenever a withdrawal is requested where the user pays for the gas fees )
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@cryptofolyo Then a button to tip anyone. few settings when to display the tip button and when not to. few settings not to display the post if the post meets the criteria for mandatory tipping to view.
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@cryptofolyo Metafore Improvement Proposal - 002
-------------------- Popular Authors and popular posts. -------------------- 1. Each topic may have most popular authors 2. The popularity rating of an author can be determined as a function of the rating given to each authors by other authors.The average of likes for each posts can be a metric. Each author alongside his profile this rating can be displayed like 4.4 out of 5 3. Higher weightage can be assigned to the likes of another author with higher popularity rating if he or she likes a post .This means that the posts will higher quality in each topic will become more and more visible. 4. Popularity rating is assigned only after the total count of posts cross more than 100 posts in the platform. 5. The objective of this popularity rating is to make the best quality authors and contents most visible. Other social media platforms are mostly junk content. Can we create a social media platform with the best rated contents with maximum visibility.
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@cryptofolyo Metafora Improvement Proposal - 003
____________________________ Home page feeds ------------------------------------- The home page can show the most popular feeds. because the latest feeds need not be always the best feeds. Sometimes it can be even porn content. Once the user starts following other users then priority can be assigned to those users posts in the home page and the popular feeds can be pushed down. To explore new users there can be another tab explore. to explore topics as well as users.
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@0xe0aac13ae07a44794815c1ff003d1c0ecb05998e I think there is no physical coin for MM token. its all digital
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- Few projects of interest that you may want to look into.
1 -- Offshift protocol - The only protocol that can mint synthetic assets at 1:1 collateralisation ratio , compared to Synthetix, Mirror protocol in Terra etc 2 -- Ampleforth.org - Rebasing elastic coin tracking value of 2019 USD - where bitcoin is fixed supply and variable price. Ampleforth is fixed price and variable supply. If demand for AMPL goes up the token count grows in your wallet. 3 -- Runonflux.io - Whole cloud computing in distributed nodes. 4 -- Cartesi - Linux instances for computing intensive process and Blockchain for verification 5 -- Circuits of Value - Digital Vaults that can hold any crypto tokens. 6 -- Elk.finance - Low market cap compared to Multichain ( Anyswap ) - Present on almost all chains - Easy to use interface for multichain transfer
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