In other words, it is a link exchange with the additional feature of a built in price discovery mechanism and market.
I'm a bit on the slow side here. Let me see if I understand what you are saying.
The incentive for Startups (with little traffic) is to get VClike
nodes (with large amounts of traffic) to invest traffic in the startups, so that they can build up their network. In return, the VClike
nodes get a share of all future traffic that these startups get. If the VClike
nodes do not need more traffic, they can cash out their returns (Traffic) in Bitcoins instead.
The DAC would do several things, 1) Track the traffic of different sites. 2) price the Traffic in some unit 3) allow people to trade Traffic with bitcoin and 4) allow VClike
entities to invest Traffic in startups, and allow startups to buy Traffic for a stake in their future traffic.
Is this right, or am I going off the rails here? I think you need to break down your idea further. In particular, if this is right, start by explaining how each of these points could be implemented by a DAC, or DAC in combination with a website or something else.
How do I go about starting a DAC around the idea?
I suggest you write out your idea and business-model
in a whitepaper and either present it to the community here or, if you want to keep it secret for now, send it to Invictus for review. Invictus are very much encouraging people to create their own DACs, so you're here at the right time.
One of the main purposes of Invictus, although it's not entirely clear yet, is to help people create their own DACs. If you join in on honoring AGS/PTS you can get:
•A stipend to work in one of our incubators for a period of time.
•The legal fees to set up your company in its chosen favorable jurisdiction.
•Fully equipped office space at one of our incubator sites.
•Forum and web site support while you build you own base of supporters.
•Crypto-savvy legal, accounting, financial and tax support.
•Use of our trusted escrow services while you are building your own reputation.
•Consulting with Dan “bytemaster” Larimer and our team of innovators.
•Help with finding opportunities to speak at a major conference.
•Promotional support integrated with our own global marketing campaign
See the Invictus February newsletter
page 8-10 for more information.