Fast Facts:
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We’re building a content economy, where creators, moderators, and everyone who positively influences the quality of content on the network gets rewarded. 85% of all revenue will be distributed to users. The network is governed by the users themselves; moderators and a Supreme Court-like Tribunal are elected by members. User reputation and content ratings reduce the impact of “bad eggs”. Best of all, even though cryptocurrency is utilized to represent the value instilled in the network, regular users will not be required to understand or use crypto, since payments can be made in fiat currency.
WHAT IS NARRATIVE?Narrative will be the world’s journal, providing a scalable, smart subject-oriented network where the middleman is removed and network members have autonomy in a transparent environment. Existing social networks subjugate their users with ambiguous content policies, providing little to no economic reward for the content they produce. Narrative flips the script by rewarding all of the users who positively contribute to the network.
HOW DO YOU USE BLOCKCHAIN?While Narrative utilizes blockchain technology to create a trustless environment for its transactions, it does not rely solely on blockchain for its operation. The fact is that blockchain is a poor choice for content management currently. Narrative will compete with existing social networks in terms of speed, scalability, searchability, and performance and for that reason it will utilize proven content management technologies to ensure a competitive advantage. The goal is not to be the best crypto content economy, it is to the the very best social network.
The overall design goal is to observe the fundamental principles of blockchain, like transparency and decentralization, while still offering a user experience that is second to none.
RADICAL PRIVACY AND CONTROL FOR THE USERNarrative will also protect user’s ability to control their content and profile information. For that reason, content will always be editable by creators (and can be deleted by creators, as well). This conflicts with the immutable nature of traditional blockchain, and thus content itself will not be stored in a blockchain. In addition, while advertising will be supported, users will control whether their profile information is shared with advertisers and can be rewarded on a recurring basis if they decide to share that information.