Giving free miners to Hive holders offers a fair token distribution, and SPEAK only reaches the open market if it has been minded by providing resources to the network. Every SPEAK in circulation only exists because it improved the network's infrastructure, which is very cool when you think about it. We believe Hive is one of the fairest, broadly & diversely distributed assets on earth.
So there are 2 tokens SPEAK and a token that we get by mining aka providing resources to the network ?
Giving free miners to Hive holders offers a fair token distribution,
This means the mining-token will be airdropped to HIVE holders and they will be the primary participants in the mining ?
There has to be a decentralized, trustless mechanism which tracks the mining efforts and incentivizes the miners based on a distributed, decentralized, trustless consensus. This will ensure that not just the video/image hosting but the rewards also are immutable and free-as-in-freedom. How do we plan to achieve the same ?
Have you thought about bringing NFTs to the mix ? The NFTs of today are not actually unique apart from their ids. The images representing the NFTs gets replaced by another one or the host goes down all the time resulting in the NFTs becoming a joke. Standards like ERC-721 has no mechanism to ensure neither uniqueness of NFTs or the immutability of the graphical assets which is used to represent assets. Providing immutable storage on the IPFS and then incentivizing could be a cool thing. Not even WAX can do this now.
We will need a DEX or an exchange which can support trading, AMM, perphaps ability to talk to other chains .. just somethoughts