Given that I’m partly working on bringing forth Patronage As An Asset Class, I started work on reasoning about what rates are effective & reasonable.
My current thinking is that if have a Harberger Collectible, and the use-value is primarily collection + patronage, then the rate should actually be quite high. Over 100%. Read more about it here.
In discussion, Niran Babalola, recommend rather thinking about it in terms of a purchase multiplier. Recommended reading.
Working in tandem with the Wild Cards team, we’ve been working on a standard of Harberger Collectibles on Ethereum. …
My latest blog post tries to answer a simple question: How large should a collection be? In blockchain collectible economies (such as CryptoPunks or CryptoKitties) we’ve seen teams choose somewhat arbitrary numbers for the size of the collections. There’s a trade-off that exists in the size of a collection:
Too scarce and it limits participation -> reducing the value of collection/collection.
Too abundant and it confuses the collectors -> reducing the value of collecting/collection.
I propose a market-based solution using a token bonding curve.
My gut feeling is that, it’s not 100% there yet, since in the words…
I’ve been busy with a few projects simultaneously.
Getting to a lot of admin (like buying a new mattress and desk), writing my first novel (yes), working towards the development of Artonomous ( https://github.com/artonomous/artonomous-mvp/issues/45 ) & continuing “This Artwork Is Always On Sale” ( https://thisartworkisalwaysonsale.com/ ) into its own genre of market: patronage as an asset class.
I have high conviction that applying these new economics to virtual collectibles can usher in a new era of patronage & funding.
In short: “By combining the incentives of patronage, profit & collectibles, we can create a new tradable asset…
In April, I decided to move my writing to my own home at:
There are various reasons I opted to do so:
In short, as I aim to write more, I want more control over my writing.
I still read Medium every day & aim to use Medium occasionally as a distribution channel. As usual, I will keep experimenting!
If you want to receive updates, don’t hesitate to subscribe to my newsletter where I post updates on my writing/projects.
As a technical advisor to Ocean Protocol, I have the privilege to extend 100,000 OCN tokens to community members that will help foster Ocean Protocol.
To that end, I’ve decided to allot all 100,000 OCN tokens to the Linum Labs team.
They are a team that has done a lot of work in building communities across the world around Ethereum, Curation Markets & Token Engineering. They’ve built up and hosted the Cape Town Ethereum Meetups & started the Cape Town Curation Markets community.
Monthly, they run the Curation Markets Community Calls, which has been extremely valuable in sharing the…
In order to understand healthy emotional responsibility, I've come to adopt the attitude of treating one's own emotions & the emotions of others, like allergies.
TAIAOS is a unique, rare digital artwork that is always on sale. It can bought at any time by anyone, because the owner must always specify a price they are willing to sell it at. Through this always-on auction, it supports the artist by requiring the owner to pay a 5% pa patronage towards the artist at their self-specified price. If the owner does not pay required patronage, it can be foreclosed by a digital steward for safekeeping.
The scarcity of the digital artwork, its always-on auction & management of patronage towards the artist is all enabled through blockchain smart…
As part of a series on “Recommendation Markets”, I want to propose a variation on bonding curves used in “Curation Markets” that allow for verification of curation. Only when verified, can the curators earn a tokenized reward.
A ‘Recommendation Market’ emphasises that a “Curation Market” is only there to produce signals, not the truth. In other words, the economic value produced from the curation serves only to provide a recommendation. In a “Recommendation Market”, some additional vetting process is applied to determine if the staked rankings are meaningful. …
Organisations come in many shapes and sizes. The blockchain allows us to experiment with radical new ways to organise around collective goals. We’ve seen the ICO boom (and bust, for now). For many, it was a novel way to re-imagine how certain projects can come to fruition and exist. ICO’s, however, are only the start and tip of the iceberg of what’s to come. In this article, I will detail thoughts around the Moloch DAO. …
At Ujo, as musicians ourselves and fans of music, we believe the world will be a richer place when we can support the musicians in their craft. For us, it has lead to one overarching goal: making musicians more money. By doing so, musicians will be able to support themselves, bring forth new music to the world, and we, the fans, will be culturally richer for it. We want to liberate music.
With new technologies, we are aiming to do this in the following ways: