MIX Acuity Decentralized Social Media Platform: November 2019 Update

This article is published on MIX Acuity: Ngh21wUsGwm5vqiLF1dSTyDYaPRzGkXmE

MIX Acuity v1.1.0 released

There is a variety of ways that online content creators can generate revenue from their work: advertising, sponsorship, paywalls, selling data, etc.

These all have disadvantages; reducing engagement and reach. Acuity has a new way: gamified token burning. Here’s how it works:

Content creators start a Creator Token. This can be done very easily through the UI. The content creator gets paid in their own token at a constant rate. In order to generate revenue, they can sell their token with the Uniswap decentralized exchange, or anywhere else. In order to sell their tokens there must be demand. Demand is created through gamified token burning. Here’s how that works:

When publishing content on Acuity, the content creator can select which one of their tokens should be associated with the content item. Consumers who like the content can burn the token in association with the content. Burning destroys the token, but the record of the burning is stored in the blockchain.

A leaderboard is displayed publicly that shows which fans have burned the token the most. This enables the gamification. Fans are socially incentivized to burn more tokens than others to prove they support the content more.

Burning the token reduces its supply. This increases the market value of the token. Therefore the more popular the content, the more revenue can be made by the content creator. Speculators can trade the token if they think they can predict the market.

Additionally, because this all happens on-chain, it is not possible to be demonetized. If you are a developer check out the smart contract.

Here is a video demonstration:
https://www.youtube.com/watch?v=wY8pAahyIw4

This is the primary new feature of MIX Acuity v1.1.0.

ACUITY token

As the creator of MIX Acuity, I have started a Creator Token called ACUITY. This is the itemId for it: LkK1xtnReVZgS8Png23b2dq3HHD5BXK6t

It has an initial allocation of 5,000,000 and a daily payout of 10,000. It was started on 25/08/2019. The purpose of the initial allocation is to back-date the token by 500 days as this is how long I had been working on the desktop app.

ACUITY is currently trading on its Uniswap exchange for around 10 MIX per token. I am selling these tokens OTC. Send me a message on Discord if you would like to purchase some of them.

Web version, Android, iOS

Currently MIX Acuity is available as a desktop app for Windows, Mac and Linux. The current focus is to deploy a web version. While the desktop app is very powerful, it is a barrier to entry. A web version means that content can be linked directly from other sites and installing the app is an optional step. This will greatly help with onboarding. This is also a great on-ramp for mobile. This should be operational before the end of November.

The Acuity UI is built in Vue 2. Next year we will be able to upgrade to the new Vue 3 which is anticipated to have much greater support for Android and iOS.

MIX

MIX is the base cryptocurrency for the platform.

https://www.mix-blockchain.org/
https://www.coingecko.com/en/coins/mix
https://www.citex.io/#/trade/MIX_ETH
https://www.citex.io/#/trade/MIX_USDT
https://app.stex.com/en/basic-trade/pair/ETH/MIX
https://graviex.net/markets/mixbtc
https://graviex.net/markets/mixeth