This is very interesting and I still try to wrap my mind around it as I didn't understood all the mechanics behind it. Maybe you've written about this before, but indulge me with an explanation about SPEAK, BROCA, and HIVE from both the creator and end user point of view. If you can put some math in it, I will be able to understand it better as well as other followers. Thank you!
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SPEAK is mined by having the LARYNX token, which is going to be dropped to Hive holders in a claim drop formet.
SPEAK is the governance token.
BROCA is essentially the GAS token. People are going to need BROCA to upload videos.
There will, from what I understand, a proof of brain token added similar to what is on Hive and Hive Engine.
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Is that not a turn off though, having to pay to upload a video? The main reason people use Youtube is its free to upload as far as i know, they get the audience and the potential to earn money. People are leaving Youtube because of the lack of freedom of speech. great, they will look for places where there is little to no censorship. Thats one incentive to leave youtube, the other one is making money like they used too and having an audience. Im wondering if the pay to upload thing is slightly off putting? i dont use 3speak but im interested in it because there is such a gap in the market for a go to platform where there is no censorship and the ability to earn money.
That is the reason BROCA is given freely to SPEAK stakers, just like on HIVE and RCs. If you hold a little SPEAK you can enjoy free uploads. The fee will be small regardless, we are talking cents, something that the user would not feel as a burden. So combine the feel of HIVE with the RCs/BROCA + it being inexpencisve, we belive this should be enough to offer an enjoyable experience. Storage is very cheap, 1$ can get you 1gig stored for 200 years, and storage is only getting cheaper and cheaper every year. With the SIP we could offer a free experience, but we have to stop spam, so you'll need a spam/gass token to protect the network anyway.
ok thats cool, seems very cheap like you say. I look foward to seeing it develop. Creating a buzz will go along way in helping it succeed. I hope it works out, it sounds like it has great potential. This is what i always saw in Steem and Hive as being the potential. If hive can become a gas token it would sure help the tokenomics too.
Gas / gov token + Smt would be a huge win!
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perfect let's build the future!
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