THE OPENCURRNT PLATFORM SOLVES FOR 3 MAIN PROBLEMS
Leveraging AI to recommend relevant people to ideas, and ideas to ideas, and people to people is similar to how Spotify recommends songs from learning among playlists. Teams of people can auto-curate and self-assemble in teams that share a common profession, or passion. By enabling those groups to engage via underlying smart contracts measuring impact, ownership of IP can be effortlessly tracked and attributed at the right portion to the right contributor. Furthermore, transactions made with that IP/Insight can then be monetized in a way that returns the lion’s share to the originators of the insights.
Validation of the value of a contributor can be measured by the interaction their ideas garner. A brilliant idea that is not agreed to, rejected or even considered is of no value. Meanwhile learners digesting the ideas of others is also measurable; like storage into a battery, knowledge transfer can be metered. Validation requires attribution to specific knowledge domains and attaching those to an entity (group or person) in an immutable and non fungible way. If the process for validation is ‘trustless’ (no trust required), then a person can remain anonymous and be known only by a pseudonym, being known for the value they create, not by their name, photo or school attended. This is not possible in a Web2 environment where profiles are centrally held and where the complex systems for attributing merit can be manipulated.
Value can manifest in belonging, recognition, learning, ownership, and/or monetary compensation. However, when controlled by a central party, the incentives become dulled or even muted by the uncertainty of trust. If however these incentives are based on immutable contracts, governed by a distributed group of people with shared and common interests, the value of the promise of each layer of incentives are greater. By decentralizing the mechanisms that drive assurances, participants engage more, provide richer insights and work with purpose, as they have an ownership in the outcome of their work as well as the community itself.
Passion is the root of what drives our members. We are not mercenaries, as people we want to be fulfilled on many levels; number one, staying relevant in the topics that define our life’s pursuit.
Passion is not self proclaimed, but it is recognizable by others.
Passion is not divided when shared, it grows exponentially.
Sharing a common passion with others is one of the most rewarding human experiences.
How passion is measuredThere is a point system that rewards points at the interaction level for Creators and Learners. Passion Points are triggered by the validation of one’s peers through meaningful interactions. For example: On Post A, Sam shares an idea that gets ignored, she earns no points on that interaction. On Sam’s Post B, there were people who agreed and disagreed with her and shared her post with others that attracte the attention of validated experts; post B would earn many points.
Interactions that result in passion points
Comments to my post
Comments on comments
Emoji or Favorite Reactions
Votes on Distilled Insights
Quotations in Reports or Publications
Passion Points are converted to freshly minted Currntcy and Proof of Passion tokens every 28 hours.
Currntcy Token:Currntcy are redeemable tokens that can be staked for DAO voting, spent for on-platform services, or converted to other cryptocurrencies.
Proof of Passion Token:These tokens are added to peoples profiles as validation of knowledge on specific topics. These tokens are not transferable and amplify the voting power of the DAO member.