An easy way to obtain financial patronage for
specific posts would be less liable to incentivize spam, compared to paid signature ads.
Spam posts have no value, in and of themselves. To have value as the object of an NFT, a work must be
creative—most of all, it must be
special. Advertising misaligns incentives and misdirects value. A properly-designed NFT patronage system properly aligns incentives, and properly directs value.
How many Bitcoiners would pay
laszlo for a collectible, limited-edition digitally autographed copy of his iconic
pizza post? It is an historically important post! I would consider buying that—although as for myself, I would pay more for a copy of
the original CoinJoin post digitally autographed by Greg Maxwell.
If such a system had existed last October, I probably would have impulsively offered Lauda a significant sum for
the OP in her goodbye thread. And I would never sell it! I would keep it forever. (On the same grounds, I spent two and a half months adding merit to that post until I hit the 100-merit per-user per-post limit.)
And if thoughtfully designed, this system should replace the merit system altogether. I have realized that
forum merits are just a shitcoin proxy token coveted by sigspammers who want to “rank up”. Like my posts?
Don’t send me merits: Send me money.The merit button should be replaced with a micropayment tip button which offers a low-rarity, unlimited-edition NFT; and of course, authors should have a means to offer high-value, limited-edition NFTs for posts so well-loved that fans will pay the price.
N.b. that this system avoids one of the merit system’s biggest problems: The initial distribution of tokens. Nobody would have “source” status. Instead, anyone who possesses real value could send real value; and on the flipside, people would only click that button for things that they
truly valued at least a little bit.
The author of a work, or his heirs, successors, or assigns, are the only people with the right to offer NFTs based on it. That is not a matter of so-called “intellectual property” law: It is a matter of fraud and
SCAMS, and should be treated accordingly. Therefore, there can be no Satoshi-post NFTs. And now, no Lauda-post NFTs. laszlo may still be around somewhere, even though his user account has been inactive; I do not know, and I would not use that as an example if I didn’t there was a reasonable chance that he could reappear.
Note: If this system is ever implemented, then I expect that this hereby post in itself will have significant value as the post which inspired the development of the new system.
I have filed for a patent on the foregoing business method, patent pending #_________.
April fools’!