Author

Topic: Cryptocurrency tech as a means to manage ownership of digital goods? (Read 350 times)

legendary
Activity: 1148
Merit: 1000
Hello,

Here is a thing I am thinking about at the moment.

Disclaimers:
  • It's not very well worked out and I have no programming skills, so this is just me rambling around without getting this thing anywhere.
  • This idea is probably not new. Feel free to point me to it

Ok, here it goes:

I was thinking about the possibilities to manage ownership of digital goods.

Let's say you made a video/shortfilm/videogame/album and you want to monetise it. You create what is basically a digital currency that is linked to your digital good and sell it in a crowdsale. The coins are more like shares, maybe they even include voting rights, e.g. when the good needs to be relocated, whether or not it should be allowed to be downloaded and so on.

Because those shares probably shouldn't be PoW or PoS, but always stay the same amount, you could link them to a more traditional PoW/PoS-currency with a blockchain that is used to keep transactions running.

That's it for now. Thoughts?

I do belive there are a few projects like this around. Could be wrong but Adam B Levine from letstalkbitcoin is working on something like this or interviewed someone with an idea much like this. I'll see if I can dig it up.
hero member
Activity: 994
Merit: 513
 Hello,

Here is a thing I am thinking about at the moment.

Disclaimers:
  • It's not very well worked out and I have no programming skills, so this is just me rambling around without getting this thing anywhere.
  • This idea is probably not new. Feel free to point me to it

Ok, here it goes:

I was thinking about the possibilities to manage ownership of digital goods.

Let's say you made a video/shortfilm/videogame/album and you want to monetise it. You create what is basically a digital currency that is linked to your digital good and sell it in a crowdsale. The coins are more like shares, maybe they even include voting rights, e.g. when the good needs to be relocated, whether or not it should be allowed to be downloaded and so on.

Because those shares probably shouldn't be PoW or PoS, but always stay the same amount, you could link them to a more traditional PoW/PoS-currency with a blockchain that is used to keep transactions running.

That's it for now. Thoughts?
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