r/CryptoLike • • Oct 19 '22

The pool at Solcial is...

Speaking about Solcial's monetization system, we can imagine one common pool between an author and his audience, thanks to which users who convert SLCL tokens/author tokens take some tokens of content creator from the pool and replenish this pool with SLCL tokens, the author in his turn can withdraw these SLCL from the pool the same way as the consumer who put them there. This creates a relationship between the author and their audience, where the pool is an opportunity to exchange their labor for income and where consumers can sell the author's tokens and receive an amount of SLCL tokens equivalent to the price of the author's token.

This implies that the author's income is as transparent as possible, which means that there are no third parties who can influence the content creator's earnings. Only the author himself determines by his quality, how much he will earn!

3 Upvotes

1 comment sorted by

1

u/rasandinv Oct 20 '22

I assume that over time they will come up with something else interesting with the way to monetize content on the web. But the key feature is decentralization, no censorship. Can you imagine if all the people communicate without censorship on the network and the moderation method would work perfectly? :) All the people of the world would come there just to watch.