Lotus is all about Attention Economy.
The supply is from mining, which generate XPI proportionally from energy used. The more mining, the more XPIs are produced. The less mining the less XPIs are produced.
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To address extreme levels of data scraping & system manipulation, we’ve applied the following temporary limits:
- Verified accounts are limited to reading 6000 posts/day
- Unverified accounts to 600 posts/day
- New unverified accounts to 300/day
Damus has to remove the zap button on posts because this is considered “selling digital content”. Only zaps on profiles are allowed. This cripples damus pretty bad, but you can still zap at least 😕
The Lotus burnt is essentially advertising money. Who get the money?
It is Lotus holders - or the Lotus community.
For the first time, there is a truly community social network, not operated by big corps, but run by the community and for the community.
Lotus is all about Attention Economy.
The supply is from mining, which generate XPI proportionally from energy used. The more mining, the more XPIs are produced. The less mining the less XPIs are produced.
1/
The demand is the amount Lotus people is willing to offer to the community, which reduce the circulation.
The bigger the community, the more Lotus will have to be offered to get community attention. The equilibrium between Supply and Demand will stabilize Lotus supply and value
Starting April 15th, only verified accounts will be eligible to be in For You recommendations.
The is the only realistic way to address advanced AI bot swarms taking over. It is otherwise a hopeless losing battle.
Voting in polls will require verification for same reason.
Happy Lunar New Year!
Click here to receive a lucky number of XPIs https://t.co/WvstL0neDN
Wishing everyone a year full of Health, Happiness and Prosperity!
When Giving Is All We Have
Alberto Ríos
We give because someone gave to us.
We give because nobody gave to us.
We give because giving has changed us.
We give because giving could have changed us.
#GiveLotus#Give2Change@givelotus
Culture doesn't need a reformation, or a revolution. Culture needs a renovation! It needs new electrical, new plumbing, led lighting, and maybe some solar panels. But, to do this, we must first take it down to the studs.
What are all the important components of a society?