Web4.0: Abundance Protocol
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https://www.youtube.com/watch?v=CTu9kMtb6vA&ab_channel=AbundanceProtocol
Building Web4.0
Our project aims to build a viable economic model for funding and investing in public goods and digital content (articles, books, research, open-source projects, videos, etc.).
The benefits of this project are as follows:
- Enabling people to earn money by posting high-quality, reliable content (and demonstrating the credibility and track record of the author) while punishing fraud, thus promoting civic discussion online.
- Enabling investment in digital public goods, scientific research, open-source projects, and investigative journalism.
- Creating an "economy of evaluation and attention" that evaluates content based on its reliability and importance, rather than just "likes" or clicks.
- All content is available for free, as the business model is not based on subscriptions or advertising.
- Building an ecosystem (and economic model) that enables large-scale growth of open-source.
- Allowing content creators to profit from others building on or creating derivatives of their work.