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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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@cryptofolyo This is a novel and interesting idea, thanks for sharing! Obviously, there are pain points such as people being priced out of accessing important articles; however, building better incentive structures around the consumption and sharing of content is probably a trillion-dollar problem.
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@NFTDailyNews
There is still MM being swapped on Polygon right at this moment. So whatever is wrong is not affecting everyone. Have you tried to just increase the gas?
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@NFTDailyNews my bad for the late response. Glad you figured it out. You can do the same on Trader Joe if you buy with Avax.
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@cryptofolyo big facts
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It’s quite comedic that it isn’t price that leads to an impasse in a crypto community. We’ve reached a fork in the road, a metaphoric decision of whether to die or succeed. Success would mean to shed ourselves of our doubts and fears. Metamorphosis for a meta world. A metaverse.
https://twitter.com/reillinx/status/1485088847751188480?s=21
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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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@cryptofolyo I used to own Cartesi. Good project. Their main usecase IMO was their virtual machine that lets anyone code in Linux.
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Deleted
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@OnlineMeditate UPDATE !!!! Logo Submissions will take place until February 28th 11:59 pm Eastern. Official vote will take place in Online Meditate Discord on March 1st, 2022. Top 3 will advance to final vote which will take soon after March 1st . Time for revisions will be given and final vote will take place. If current logo wins a consolation prize of 25 mm will be given to the runner up. If new logo wins 50 mm will be given to the winner! Transfer of logo rights will take place on upwork freelance site and mm prize will be sent on polygon network!
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I can't buy any MM because polygon network is bogged down with so many people. 😢
Not financial advice either. I am not in the "diamond hands" camp either. Please do what you need to do. I have sold in times like this in the past because I needed the money. Everyone's financial situation is different. Cryptos will always be here to buy back or sell or hodl. Whatever you do, use it as education and learning for the future as a reset. Its okay. Everyone has been there.
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@CryptoMillions We can make this possible if we post quality content.
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