That graphic is useful and explains things right well.
what's to stop a troll from creating lots of accounts to rack up some monies by posting fake content or just voting on rando things?
Thanks Diggity...we'll have a few layers of protection against trolls, including a reputation system that looks at the age of the account and the quality of content posted by a user (as voted by other users). Random participation by a new account will not get any traction, and may not even be visible, as low quality or low reputation content will be "buried." We will also have member-elected moderators who will be watching for trolls. And finally, there's no incentive to spam Narrative because users with a low reputation or low-quality content may not even be eligible for reward payouts. We're doing everything we can to build a system that truly rewards good behavior and high quality content.
Hi Annie, we're using the term "economy" because of the way our NRV tokens will lead to a self-sustaining machine.
This illustration shows how there will be revenue in, from ad sales, niche and brand channel purchases, and a recurring token mint over a long period of time. Our NRV tokens will also circulate within the system in the form of user-to-user tips. Revenue out will consist of payouts to everyone earning within the system (in either NRV tokens or fiat money). 85% of that revenue is going to users.
Our token sale will be the "big bang" that sets the content economy in motion, allowing us to staff up, invest in infrastructure for the platform, and do some marketing/branding to spread the word.
And we love the Lockergnome too! He's going to be a major influence as an advisor, as we develop the content creation tools.
Lovely, Rosemary. Thanks. I'm on board!
Side question......................
do moderators need any special qualifications on the network or can anyone become one?
Thanks for the support Annie! Anyone with positive reputation will be able to put themselves forward as a moderator candidate.
We will also support a Moderator Pool, where channels can advertise openings and moderators can list their availability.
Niche owners seeking a moderator will be able to see the Reputation Score/Rank for each potential moderator, as well as any channels the moderator is or has moderated. Moderators soliciting for jobs can indicate whether they prefer Niche and/or Brand gigs, as well as subjects of interest.
There is no limit to the number of channels a user can moderate. We see the moderation role being a vital
part of the system’s health, and envision talented, dedicated moderators taking on multiple moderator gigs in the content economy, potentially generating significant
revenue for themselves in the process.