Den of Equality | The Social Media Crypt
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Den of Equality | The Social Media Crypt
@LimarcLimarc Ambalina
Hacker Noon's VP of Growth by day, VR Gamer and Anime Binger by night
The Den.social platform rewards quality content. Denizens vote, reply, and post content to individual communities called Lairs. The content and evaluation are based on the culture within the Lair. The goal is to elevate quality content quickly to have it seen by as many Denizens as possible.
This Slogging thread by BitBuyTheCoin, Anthony Watson, Limarc Ambalina, Sidra, Blake Branim, Akasha Rose, Justin Roberti and j0j0r0 occurred in slogging's official #amas channel, and has been edited for readability.
We currently have 67 community Lairs and every month we add 5-10 more through a community Lair creation process. Denizens who bid on winning Lairs receive NFT based LOT which comes with passive income and governance rights to the Lair.
We don’t have traditional ads. Instead content creators can boost their own or other Denizens posts to push the post higher in the Lair feed. The post is evaluated as any other post would be. If it is well received it will be elevated. If not then it will drop from view.
There are a few moving parts to Den so we are here to help everyone figure it all out. We are super excited to participate. Thank you for inviting us!
I would say for Den (and Dragonchain as well.) It’s about having the freedom to operate/build/create as you see fit. We are not into conformity.
In Den, that means people can post what they want. Other people have the freedom to evaluate that content as they want. Each Lair has its own freedom to craft a culture that has nothing to do with another Lair community. Den provides the platform for others to build the community.
BTW, Matter is the primary content reward mechanism on Den.social, and MTR tokens produce NRG (pronounced Energy) for use on the system to post content as well as to participate in the prediction market that is the evaluation system.
Happy to be here, and thank you for the question, Limarc.
The Den platform was envisioned and built from the ground up for content creators and content consumers. As a writer in Den, you are directly rewarded proportionally based on the consensus and evaluation of your content by the community.
On Den, quality content matters and is rewarded.
With Den’s revolutionary new advertising model, writers can even boost their own content in order to increase visibility inside Den and outside of Den. This system incentivizes community members to share your content on other social platforms, exponentially increasing views of your work.
As of now, a snippet of each Hackernoon article is posted inside the Hackernoon Lair. However, we recommend all writers create an account themself, start posting full original content, and get rewarded for their hard work!
I have explored Den.social today, and I must say it is another case study of blockchain technology that genuinely works for the greater good. It will help generate and promote quality content and is also an excellent platform for building strong writer communities. Also, it is a fun place to be (I enjoyed exploring the Lairs).
I have a couple of questions. Firstly I was curious how and when was Den ideated? There must be a nice story about how it all started :D
Secondly and (sadly), I am from the part of the world where the government has still banned cryptocurrency. However, I believe writer communities can always bring change, spread awareness, and bust the myths (and fear) around adopting new tech. Don't you think Den can be an excellent platform to spread awareness?
Over the course of conversation in a Telegram chat, Joe and the community thought wouldn’t it be great to create a crypto aware platform where we could implement some of the security features and behavior incentives that we use within the Dragonchain platform into a social platform. And it grew from there.
Den is a perfect platform for spreading awareness. I mentioned earlier LBTY Lair. The Lair tries to shine a light on issues around the world where Liberty is under attack.
Den is great for education and busting myths as you said. The great part is it can be with tech, music, and food recipes and everything in between!
Metrics wise there are ways for Denizens to earn MTR for sharing posts to help spread engagement which would be very helpful in spreading one's message.
I have a couple of questions. Firstly I was curious how and when was Den ideated? There must be a nice story about how it all started 😄It was definitely driven by many of the inexplicably missing features on other platforms (e.g. identity, signing, data integrity, etc.)...
We had so many issues on Slack, Twitter, Telegram with impersonation, that I had suggested in one of our Telegram groups that the world needed a "crypto-aware" platform that could integrate our DDSS (now TIME) score as a reputation system to filter trolls and other nefarious users...
Secondly and (sadly), I am from the part of the world where the government has still banned cryptocurrency. However, I believe writer communities can always bring change, spread awareness, and bust the myths (and fear) around adopting new tech. Don't you think Den can be an excellent platform to spread awareness? (edited)As to spreading awareness, without going into too much detail, we believe that blockchain and cryptocurrency are particularly valuable for this purpose. At Dragonchain, we've done a lot of research and work using blockchain to incentivize and otherwise affect human behavior. This is a primary goal for Den.social, to affect behavior in content production and evaluation/curation.
This is a very interesting point and a challenge for any site with user-generated content. How do you handle moderation then? What's to stop people from posting hate speech or purposeful misinformation?
If FB were to steal these ideas, to be successful, it would need to happen in a fundamental way (which I would predict to be extremely unlikely), which would be better for the world, and I would still bet that our system would be better tuned over time. As to “user behavior required by blockchain”, we have specifically built the system to have no such required change in user behavior to actually use the system.
To get more NRG you have to have MTR. MTR is an ERC-20 token that is earned for posting and evaluating content. You can also purchase MTR at Uniswap but you don’t have to.
As your MTR balance grows you will get more NRG to post and evaluate with. If you have MTR you will earn your 24 NRG PLUS 1/24th of your MTR total every hour.
So If you have 48 MTR you will earn 3 NRG every hour.
(1 NRG + 2 MTR = 3 NRG per hour or 72 NRG over 24 hours.)
New Denizens don’t have to open a digital wallet to use Den and enjoy quality content.
Being a new Denizen you don’t even have to know the platform runs on blockchain. Blockchain isn’t a disadvantage. The advantage of using blockchain is having a platform where everything is provable on-chain.
As to whether it’s among the top 5 things that users are looking for, I don’t think that’s the right question. It directly affects our ability to provide the top things that a user is looking for. The things that competing platforms, both blockchain and traditional cannot provide.
Our top goals:
1) Bring the best content (targeting a community) to the eyeballs of the reader fastestReward evaluators based upon efficiency in signalling the quality (good and bad) of content in a prediction market. 2) Reward content creators most efficiently based on the quality of content as evaluated in the content evaluation prediction market. 3) Reward community leaders (NFT based Lair owners) for building and managing communities as measured by activity and results in a community Lair
Maybe Den is fundamentally different from other projects? :shrug: Mass adoption is not our measure of success. Our measure of success is in efficiently providing quality content to vibrant communities. One may anticipate that with these goals and the actual measure of value created that we will see mass adoption. To illustrate, over $180,000 has been applied in the creation of new community Lairs (in only 3 months), and approximately $500,000 worth of MTR has been awarded to creators, evaluators, and community leaders to date (over 470 days of mining).
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