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Mike | Abundance 🌟
@abundance
what if we funded public goods the way companies do affiliate marketing... except instead of compensating affiliates for driving traffic/sales, we compensated the sources/dependencies of a public good for driving progress, and we did so in proportion to the impact of each contribution
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mOde
@mode-nearchos
This is a beauty 😍 I always dreamed about changing the public goods in a way that people would see it as an opportunity rather than a burden... If we would change "ad economy" into "PG support economy" that would be a huge shift! The only problem would be ensuring the quality factor of it. You can drive quantity towards the public goods projects, but you have to have some quality measures intact, because if we start supporting whatever just to support - it will lead to disappointment in the system, once projects you support start disappearing and failing. Other than that building data economy based on contributions to the public goods would be very very interesting 🤔
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Mike | Abundance 🌟
@abundance
You wouldn't fund "whatever" tho. You'd fund what the network values. It's just that the project would need to come to internal consensus on the relative contribution of dependencies & contributors for it to receive the funding (w a more costly arbitration process in case internal consensus isn't reached)
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mOde
@mode-nearchos
So if all the processes for that are in place - this entire idea is genius! I love it. Basically that's kind of an attention based process, which is exactly what's missing in public goods rn. To make public goods attractive we need to drive attention and prestige towards it. Monetary incentives would follow. People need to feel that working on public goods is something that could drive innovation and the real decentralization. Love the idea...
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