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Offline devilfish

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ProtoMediaShares
« on: November 22, 2013, 05:28:05 AM »

Largely based on various ideas that have been thrown around, I decided it would be best to implement a ProtoMediaShare with the following objectives:

•   Prove DAC’s (Decentralized Autonomous Corporations) can be implemented successfully
•   Decentralize distribution of all forms of media including but not limited to news, movies, music and books
•   Create a viable way for people to make money from non-tangible goods such as text, video and audio via mass distribution whilst making the cost free for the end user
•   Remove all censorship of media
•   Allow for people to submit content anonymously
•   Allow for people to view content anonymously
•   Encourage the highest quality of content possible through market mechanisms

This thread started from the OP below but I decided to make it the home on here for this particular project. I encourage everyone to throw ideas around, I'll give ample warning for any developments and with the nature of DAC's anyone who follows can get in early. Ideally I would like to see this project forked into more specific DAC's that focus on a particular media (Australian News DAC or African Gospel Music for example) and as far as I can tell there will be hundreds of ways to do so.

Feel free to pm or ask questions in here, I won't have all the answers, but that's the point. We can all work together to get to our common goal.



I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?

Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?

Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.

Sorry if none of that made sense, my brain has about a million thoughts right now haha!
« Last Edit: November 26, 2013, 08:07:34 AM by devilfish »
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Offline bytemaster

Re: BitTunes and Protoshares
« Reply #1 on: November 22, 2013, 07:05:47 AM »
I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?

Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?

Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.

Sorry if none of that made sense, my brain has about a million thoughts right now haha!

You could fork ProtoMediaShares from ProtoShares which would allow people to speculate on the value of a future media DAC.   That said, simply launching a DAC is a lot of effort and there should be a team committed to developing a particular outcome. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline luckybit

Re: BitTunes and Protoshares
« Reply #2 on: November 22, 2013, 01:11:34 PM »
I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?

Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?

Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.

Sorry if none of that made sense, my brain has about a million thoughts right now haha!

You could fork ProtoMediaShares from ProtoShares which would allow people to speculate on the value of a future media DAC.   That said, simply launching a DAC is a lot of effort and there should be a team committed to developing a particular outcome.

Would it be better to use Bitshares for this perhaps? Can't Bitshares allow for the prediction market type behaviors we are thinking about?
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Offline Stan

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Re: BitTunes and Protoshares
« Reply #3 on: November 22, 2013, 01:22:53 PM »
I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?

Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?

Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.

Sorry if none of that made sense, my brain has about a million thoughts right now haha!

We are concentrating on delivering on our current commitments before looking around for the next batch.
 
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Offline Stan

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Re: BitTunes and Protoshares
« Reply #4 on: November 22, 2013, 02:49:24 PM »
I was reading in the religion DAC thread about bittunes. I'm just curious as to weather invictus or anyone else has approached this organisation about the idea of forking from Protoshares? If not I guess that leaves the idea available for implementation?

Also, could this and the APDAC possibly be formed from a more "primitive" DAC simply called "Media" which works on the ideas already expressed but just lays the ground work for the distribution and payment to investors/writers/artists?

Then you could form from the Media DAC a DAC for music, A DAC for news, A DAC for books etc. etc.

Sorry if none of that made sense, my brain has about a million thoughts right now haha!

You could fork ProtoMediaShares from ProtoShares which would allow people to speculate on the value of a future media DAC.   That said, simply launching a DAC is a lot of effort and there should be a team committed to developing a particular outcome.

Would it be better to use Bitshares for this perhaps? Can't Bitshares allow for the prediction market type behaviors we are thinking about?

Think of deciding where to fork a DAC the way you would think about inheriting properties in object-oriented software design. 

BitShares will have a lot of tools for implementing prediction markets built in and stakeholders who understand and appreciate it, so that would seem to be a natural choice.  However you must be careful to distinguish between inheriting code and inheriting stakeholders!

Which set of pre-invested stakeholders do you want to honor and attract first?  The whole world or specialists who understand how to use a specialized technology already? Which set of unhonored stakeholders would leave your DAC vulnerable to someone cloning it with a better social contract?  Nothing says someone can't announce a social contract that derives the initial genesis stake from multiple ancestors in some weighted way.

Experiment and let market forces teach us the error of our ways.   :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline devilfish

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Re: BitTunes and Protoshares
« Reply #5 on: November 22, 2013, 03:25:28 PM »
Awesome thanks a lot for the responses, want to stay up and read those articles but I need to sleep. Will mull it all over and come back with some ideas to see if they work or not.
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Offline devilfish

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Re: ProtoMediaShares
« Reply #6 on: November 26, 2013, 07:36:56 AM »
Ok I've updated the thread title to reflect what I'm up to, I've started writing down all my ideas and those contributed here and in other threads. Should have all that worked through to a stage where we can build off it to improve the initial ideas and actually start implementing a system.

All going to plan a certain cytro-currency which may or may not be useful for this will appear in the next two weeks. I'll use this thread to keep everyone up to date and please send me all suggestions, although it'll be best once a community site focused on this particular project "appears"
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Offline liberman

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Re: ProtoMediaShares
« Reply #7 on: November 26, 2013, 08:01:47 PM »
I am really interested on this.
Our project WeTube needs exactly this and more.

Please, can you contact me by PM or on IRC? You can find us in #wetube on freenode.
Also, I'm writting a paper here, please download it, I hope it is of your interest:

https://github.com/wetube/wetube-web

I think we can join our efforts and mix ideas.

 

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