Saved by sari
Reputation Markets
Creator coins are a new type of asset class that is tied to the reputation of an individual, rather than to a company or commodity. They are truly the first tool we have as a society to trade "social clout" as an asset. If people understand this, then the value of someone's coin should be correlated to that person's standing in society.
Dror Poleg • The Ponzi Career
This goes well beyond smart contract structures. Why is it that Elon Musk can sell an NFT of Elon Musk's tweet, but Jeff Bezos would have a much harder time doing the same? Elon and Jeff have the same level of ability to screenshot Elon's tweet and stick it into an NFT dapp, so what's the difference? To anyone who has even a basic intuitive underst... See more
Vitalik Buterin • The Most Important Scarce Resource is Legitimacy
There is some form of reputation scoring. Reddit for example has Reddit gold, and badges, etc. which travels with a person’s avatar. In the DAO version of this, those rewards can travel with a person who goes to any other DAO built on top of the same protocol (aka. Interoperability, a word you all know!)
Nikhil Krishnan • Decentralizing Journals and Peer Review DAOs: the evolution of legitimacy in scientific publishing
Because of this, the next chapter of reputation will flip from “reputation of platform and publisher” to “reputation of creator.” The source of reputation is no longer with the platform where the creator resides but tethered to the creator itself. Consumers, observers and owners are becoming more creator specific; there is less trust in the platfor... See more