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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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@cryptofolyo 6. If a post gets more than 100 microtips then the post heading alone is visible and if any new user wants to read it then he or she has to first microtip and then read.
The minimum microtip after 100 microtips will be set at 10 micro tips The minimum microtip after 1000 microtips will be set at 100 micro tip = 1 MM
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@cryptofolyo 7. We may also think about another incentive structure as the following.
First tipper for a post 10% First 10 tippers for a post 1% - total 10% of all the subsequent revenues from that post. First 100 tippers for a post .1% - Total 10% First 1000 tippers for a post 0.01% Total 10% - 20% for the platform - 50% for the original poster - mandatory tip mode ( heading only mode ) for a post after the first 1000 tips.
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@cryptofolyo This means that people will generate serious content and invest on the quality of the content .
Curators will read these contents and compete for becoming the first microtipper for each content. because each content that is popular can become a steady revenue stream for life.
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@cryptofolyo Objective
- Microtipping will incentivise people to work on quality of content - The author of any quality content must be rewarded by the reader who benefits out of reading the content.
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@JamesHuckle People need to be able to own and sell their contents. even if it is a writeup
People need to be able to invest time on making the content better and better. What if metafora can curate the best coin pickers for example? Just follow these coins right picked by the best pickers.
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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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@CryptoMillions We can make this possible if we post quality content.
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I just FOMO into @TL 's defi.pro!
Save 30% off DeFi Pro for Million holders https://metafora.app/defi.php This is my second purchase of programs @TL offers and without a doubt they pay for themselves and some. Just from watching two of the defi.pro videos I know he's gonna walk me thru everything and most importantly protect me from pitfalls and costly mistakes. Obviously, you have to exercise caution and if in doubt ask. The fact that you can get answers directly from Techlead pays for itself. Also, check out 👇 SAVE 25% OFF OMICRON 😷 SALE EVENT. https://www.techseries.dev/backstage
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@CryptoBackstage Was checking if the defi.pro is sold agains MM tokens. would create another use case to buy MM Tokens.
Like Stake 100 MM Token to subscribe.
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New coin Pick
Offshift protocol. While synthetic tokens like mTesla ( mirrored tesla share ) in terra mirror protocol and synthetix protocol require more than 1:1 collateralisation Offshift protocol innovates in such a way that collateralisation required is 1:1 This means lot of tokenisation of real world assets coming soon in this protocol
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@RomanistHere from what i understand storing data in blockchain is an expensive affair.
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@RomanistHere million token holders running IPFS nodes to store and support the data may be a solution for decentralised data storage.
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| A project of Million Token. | FAQ |
