From the Telegram:
Here's a use case. On Embermine, Projects will produce various goods or services. Our focus has been on digital goods from the beginning (although branching into the physical realm is not impossible, it does increase the complexity quite a bit because of the the difficulties with distribution, manufacturing, etc.). In the same way that holders of MBRS have been receiving other crypto-assets like TOV, IDEA, or DOM, Projects can issue tokens for accessing certain goods and services. For example, a writer can distribute a token that grants access to her new book. This distribution can focus on holders of specific tokens or issue to ALL MBRS holders. Naturally, if you are a part of the network, you will accumulate a lot of excess assets. You could then input the settings on an AI trading bot that can then sell select assets on an open market, based on certain parameters you set (as in Autonio). This potentially results in global passive income for everyone on the Embermine network. The Algosharing allows people to trade and share tried and true strategies, algorithms, for achieving optimal results in the markets. And that only touches upon the synergy between the two. Hope that helps
So if you have an extensive library, effectively a marketplace of creative assets, you can sell them on the open market with the use of an AI trading bot that can do so without burdening you with the process. And since these assets are issued at a particular point in time, then users who join the network may want to buy these works and can do so in a sort of exchange context although optimized and configured for non-traders. The UI could be like any other online storefront.
And the Project Compacts which are the living documents that govern and facilitate the development and allocation of value within a Project, a transaction fee can be set for post-publication trading and selling, allowing for the first time (that I am aware) a secondary market that actually feeds value back to the Creators instead of us or any company. There's more granular control within a digital environment. We're just bringing in the benefits of physical goods into a distributed, online context.
When we are ready, there will be a lot of outreach to the creative community. We have people within our circle of acquaitances that are very interested in using the platform, including ourselves. The fall of an independent publishing company is what started all of this.
Also, one thing I want to clarify. A creative entrepreneur can choose to distribute their new release on a "rail" other than MBRS. This can allow for creatives to piggyback off of each others userbase or their own body of work.
Realistically, creators will implement a hybrid strategy, a combination of direct retail sales and rail distribution. For example, Stephen King could sell his novels as only retail but distribute short stories or novellas for free to people who hold certain novels. This allows one to experiment with different strategies for reaching a broad readership while staying connected to the value generated. Users are incentivized to participate in the distributed patronage to return value back to the creators as well as make some passive income on the side.
Distributing to MBRS holders would maximize the spread, but I'm more interested in creatives working in tandem, playing off of each other's market presences to reach their target audiences. 😁
This system is not limited to books, but any digital asset. These tokens are digital bearer certificates for a good or service. Software licenses for scarce objects. Zoom back a bit and look at the model. The basket of assets you accumulate could consist of books, comics, music, movies, video games, applications. Down the line, if we can figure out the best way to interface with the world of physical distribution and assets, that will introduce a whole new dimension. Creating a scarce object architecture and making it accessible to mainstream use is key.
I think a secondary marketplace that doesn't act like a black hole or wood chipper will appeal to MANY people.