Hey everyone please #LMCC! I made some new improvements on illustrating LIP-29, which aims to decentralize a User's algorithm by creating a free-market that's regulated by the users preferences. This works by establishing a "User Owned Algorithm" or "UOA" for short which is an NFT that has metadata containing the user's preferred algorithm. This UOA is read by apps in order to allow a user to have a say in what they see. This say or "preference" is expressed in two ways. One way is the User's profiles data from interactions that can be queried on Lens Protocol. This data is fed to the additional way that users curate what they see by choosing an "Agent." An agent determines what is included in an algorithm based on the users preferences coupled with the agents curation. In addition, the agent can hold "auctions" for any kind of ads that the user opts to include in their feed, or it can hold "auctions" on how much the user is willing to pay for similar paid content they want to include like news companies, sports, ext. The party interacting with the agent is called a "third party algorithm provider," whose role is to curate and bid at agents auctions. This interaction between agents and 3rd parties is meant to decentralize algorithm production and provide users with the cheapest and best content.
Now, when a user makes a post, that post can then be picked up by third party algorithm generator that then that post is either included or excluded by an agent. And, a user can always "force include" a profile though their social graph or some other mechanism by added it in a manual way to the UOA in any case of censorship attacks.
Here are diagrams of both scenarios:
