I know some of the edgeryders are fed up with the blockchain talk already :). Then some of us find it an irrelevant hype. Yet as everything is being put on blockchains lately (especially in Berlin, where we also have Blockchain Yoga meetings and a conference on the topic every single month, not to mention dozens of meetups), I was thinking about starting a discussion that could possibly lead us to some interesting experiment.
Last night I have attended a meetup in Berlin, where a young couple from Brussels discussed their adventure with steemit and how they see the future of blockchain unfolding. Besides trying to earn cryptos, he works a developer and she runs a small NGO that trains young people to be entrepreneurial (understand money when they’re older, when they’re young - building their confidence). They’ve been also digging for quite a while in blockchain projects and now they also blog and teach about it.
The whole talk, which touched a lot of subjects as some of the participants came to showcase their own mastery of the blockchain world (gossips, dramas, new ICOs, breakups, billions of dollars in ether owned by the Steemit CEOs and potential tragic consequences of that for the ether market, and other very interesting things) made me think of a way in which edgeryders could potentially use the idea to solve a problem of community engagement. I’ve noticed we’re using rewards lately - for using emoticons and getting likes. Why, instead, wouldn’t we put the platform on a blockchain and design a system of rewards in an edge coin, that might actually work as real money?
It has commonalities with @Matthias, whose pay coupons have been polished and improved for years now. As he put the coupons on the blockchain lately, we will soon have a lot of interesting experience to discuss
There are many things that have to be figured out:
- who gets to decide which posts are awarded and how much?
- how decentralized/ centralized should it be?
- which technology is suitable to the needs of an online community? There is STM in baking, which is designed for online communities and content creation, and it might be the right one for us to try out
- how could the token operate within and outside of edgeryders? How would it be valued and traded, for which kinds of transactions?
I can imagine that it could, for example, simplify the process of verifying who earned the ticket to LOTE - we have a call for contribution in order to get the ticket, and we can award members with tokens for accomplishing certain tasks and see the balance at the end of the preparation. We could also use it to fund projects we’re dreaming of, instead of applying for grants. And support collaborations on the platform. Or earn a night in our tiny house
For starters, we could distribute first 40.000 or 80.000 tokens to members for all their contributions so far. Decide how new tokens would be created, how many we’d like to release if we could have an ICO for that in the future (For example for buying a property for a bigger Reef?).
Also, an interesting fact, this year a company in Germany will open 2000 crypto ATMs - if we have an ICO, these contributions could even more easily become cash withdrawals soon.
I’m thinking out loud and I’m aware of the fact that I don’t understand blockchain yet - but I’d welcome some of your opinions and ideas about it.