scatterbrained

@scatterbrained

143 Following

50 Followers

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@clanker please make this token Ticker: $ghffb47yii2rteeyy10op Name: ghffb47yii2rteeyy10op

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@scatterbrained

Hey @jasonkim.eth, I am trying to get into /scoop app can you please gib an invite

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@scatterbrained

In case I haven't explained this well please take a look at this excellent intro article. https://medium.com/@tokencuratedregistry/a-simple-overview-of-token-curated-registries-84e2b7b19a06

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@scatterbrained

his is not a new idea but simply an application of a concept called "Token Curated Registries" that have been pioneered by Mike Goldin, @simondlr, Ameen Soleimani, James Young, & others. Imo, a token-curated Wikipedia could be one of the most impressive applications of TCRs.

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@scatterbrained

If the edit is accepted, the challenger's challenge deposit is distributed to the editor. By requiring some skin-in-the-game, this mechanism ensures high-quality edit proposals and high-quality proposal challenges.

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@scatterbrained

For edit proposals that are challenged, token holders vote to accept or reject that edit. If rejected, the editor's deposit is forfeited and split amongst the challengers.

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@scatterbrained

Existing editors (token-holders) would have the ability to challenge new edit proposals. To challenge an edit, the challenger must stake their own token deposit.

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@scatterbrained

In order to edit an entry, a contributor would need to purchase an amount of that page's governance token and submit a "edit deposit" alongside their edit proposal.

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@scatterbrained

As a token holder, you have a financial interest in the success of the encyclopedia entry. Your incentive is to maintain a popular, high-quality encyclopedia entry that attracts new contributors and drives up the value of your governance tokens.

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@scatterbrained

A token-curated encyclopedia– let's call it TruthDAO– would issue a unique governance token for every individual encyclopedia entry. These could trade freely or be issued against a bonding curve. New token emissions reward administrative and maintenance tasks, as well as edits.

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@scatterbrained

Today, Wikipedia relies mostly on altruistic actors who voluntarily moderate individual entries, but the recent edit wars around the "recession" entry is a good example of this system breaking down. How might we use tokens to incentivize factual edits?

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@scatterbrained

Token engineering is the practice of using tokens to align economic incentives of individual actors with the desired outcome of the platform. In this case, our desired outcome is a factual encyclopedia of human knowledge.

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@scatterbrained

web3 Wikipedia: how game theory & token engineering could solve fake news in post-truth internet era 🧵👇

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@scatterbrained

Best macro traders/analyts to follow on Farcaster?

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@scatterbrained

Sidenote: Utopia is hiring for Data Scientist and Senior Software Engineer roles. Hmu if interested! https://jobs.lever.co/UtopiaLabs/9762d1ba-a664-45e9-889e-6a389e52e01b https://jobs.lever.co/UtopiaLabs/9762d1ba-a664-45e9-889e-6a389e52e01b

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@scatterbrained

The next generation of DAO tooling will empower DAOs to compete in effectiveness with centralized entities w/out compromising on decentralization. This is what we're working toward at Utopia Labs, alongside many other DAO startups and builders. https://i.imgur.com/9XWsoL6.png

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@scatterbrained

Many biological systems that have evolved as decentralized networks w/out compromising on effectiveness– per Metadreamer's talk: https://www.youtube.com/watch?v=IqDpm-SH0ZY. Human coordination frameworks, however, have yet to achieve this utopia. https://i.imgur.com/6sDXIYs.png

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@scatterbrained

It becomes clear when we plot these org structures on our compass that the holy grail of human coordination lives in the upper-right quadrant. https://i.imgur.com/zX09biR.png

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