πŸ“„
Abundance Protocol Documentation
WebsiteDocsWhitepaperBook
  • Protocol
    • Introduction
    • Key Concepts
      • The function of money
      • The problem of public goods
      • Regenerative economics
    • Protocol
      • Step 1: Project Post
      • Step 2: Impact Estimate Post
      • Step 3: Waiting Lists
      • Step 4: Validators Selection
        • Validation Tiers
      • Step 5: Periodic Validation
      • Step 6: Coin Issuance
    • Mechanisms
      • Incentive alignment for accuracy
      • Modular Protocol
      • Bad actors
      • Expertise Categories
      • Investing in Public Goods
    • Benefits
      • Incentivizing Innovation & Collaboration
      • Decentralized Economy
        • Decentralized science
        • Decentralized media
      • Building Capacity
      • Currency Sell Pressure
      • Regional & Community Currencies
    • Theoretical Framework
      • The value of public goods
      • Value-preserving coin inflation
      • Game-theoretic equilibrium
    • Conclusion
    • Whitepaper
  • Articles
    • Introducing Abundance Protocol
    • How to Prevent an AI Dystopia?
    • Abundance Roadmap: Everywhere All at Once
    • Is Crypto the Ultimate Universal Coordination Mechanism?
    • How Crypto Can Fix Social Media
    • How the Ratings & Attention Economy Corrupts Everything
    • How Crypto Can Transform the Economy and Government
    • WTF is the DePub (and Why You should Care)
  • πŸ”—Links
    • Abundance Homepage
    • Abundance Graphic Board
    • πŸ—ΊοΈAbundance Roadmap
    • πŸ“ΉAbundance on YouTube
    • 🐦Abundance on Twitter
    • πŸ“—Abundance Book
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  1. Protocol
  2. Benefits
  3. Decentralized Economy

Decentralized media

In the current ratings-based social media environment the most extreme, controversial, polarizing and outrageous posts tend to grab the most attention β€” and therefore dominate the conversation. The protocol offers an alternative paradigm where content creators can focus on making a positive impact and promoting civil discourse. Instead of focusing on getting the most β€˜likes,’ people will consider what they can contribute to the conversation. The protocol would also reduce the spread of misinformation on social media (without the need for social media platforms to censor or suspend anyone); misleading posts would simply get a low credibility score, while online trolls and bots would have little to no influence in the protocol due to their low (or negative) credibility.

Independent media will be able to make money by creating quality content, investigative journalism, and truly work in the public interest β€” instead of pushing outrageous and divisive content to get more ratings in the Attention Economy

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Last updated 1 year ago