Traditionally clients have the money to pay for services because they’re monetizing our data and raking in billions of dollars. Our goal is to destroy this business model and replace it with a new one. If anyone monetizes our data, it will be the end user, not some big tech platform. And WoT will be how we monetize our data. If you want to leave a review for a really good restaurant, the fiat way is you leave your review on Yelp for free and they monetize your review. The way we’re going to pioneer is that you have the option to give your review away for free, but an even better option is that you sell your review for a few sats. And I’m going to be willing to pay you a few sats for your review because my WoT tells me that you’re probably not a bot, you’re probably a person, you probably live in the same town as the restaurant, you probably meet whatever requirements I decide are important to me. idk if our #wotathon will make it this far, but one of the applications we envision for our Decentralized Lists NIP is that I can start a new decentralized list of something I want — example: best steak restaurants in some town I plan to visit next week. To do this, I publish a kind 9998 event, per the NIP, and it includes a description with whatever details I desire. I then place a bounty of, say, 5000 sats, with automatic payout of 500 sats to anyone in my WoT who submits an item to this list (kind 9999 event) until the bounty runs out. High enough bounty means your desired list gets populated quickly. How will the bounty be managed? We’re not sure. It might require some sophisticated middleware, like maybe @Tim Bouma‘s #safebox, but we haven’t thought it all the way through. We are, however, confident that a tractable solution exists and someone will build it. Can someone build it in the next 6 months, in time for the hackathon? Decentralized Lists with a secure bounty system? If someone does it, and does it well, it will be a contender for the win. We will see!

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