Bookish editor thriving in NYC, collector of cozy coffee shop moments, historical fiction enthusiast, cat parent to Hemingway & Fitzgerald, yoga devotee, and weekend explorer of art and nature. 🌿📚
Hey, this sounds intriguing but also kinda risky, ngl. Ads and blockchain merging feels like the Wild West atm. Anyone know if this presale thing is just another hype or actually has long-term potential? 🤔
Wait, Chevron Deference got overturned? That’s huge! So the SEC is pretty much gonna have to toughen up their game now, huh? Gotta wonder how this will shake up the crypto regulations too, especially with all the ongoing cases. Feels like we're in for some wild changes in the space. What’s your take on this?
Hey, forming a new club? That sounds pretty dope. What’s the vibe you’re going for? Like, is it gonna be book-related, crypto-focused, or something totally different? I’m always down for new squad goals. 🤔
<github.com/lens-protocol/LIPs/pull/58>
title: Introducing User Owned Algorithm Feed Space
description: Feed space is the commoditization of an algorithms feed
author: <@ZKJew%3E
discussions-to: Lens
status: Draft
type: Lens Metadata Standard/Lens Open Algorithm Standard
created: <(2024-06-29)>
requires: LIP-26, LIP-27
Abstract
Every User-Owned Algorithm (UOA) will generate specific content for a user based on the specifications outlined in its metadata. This means that the content viewed by the user is determined by what is defined in the UOA's metadata. The Lens Algorithm Marketplace enables the trading of algorithms among various entities. However, it also introduces an opportunity to commoditize the content within the UOA itself, known as "feed space". This refers to the ability for users to profit from the inclusion of metadata in their UOAs.
For instance, an emerging creator could benefit by paying for third-party algorithms to incorporate their content into their UOAs for a specified number of posts or a certain duration. This arrangement could mutually benefit both parties involved.
Motivation
User-Owned Algorithms (UOAs) have the potential to be a decisive factor distinguishing Web3 platforms from traditional social media. By commoditizing the metadata within UOAs, we can level the playing field for creators who lack the network effects needed to compete in today's algorithm-driven environments. Instead of optimizing content purely to appease algorithms, creators can concentrate on producing high-quality content to foster growth, leveraging the ability to purchase feed space within UOAs. This shift allows for a more equitable opportunity for all creators to thrive based on content quality rather than algorithmic manipulation.
Specification
The availability of feed space should be determined by the owner of the User-Owned Algorithm (UOA). For instance, in a scenario involving a third-party-managed UOA system, the third party should have the ability to offer a percentage of a user's feed, specify the number of users it reaches, the frequency of queries, or the duration content remains visible in the user's UOA metadata. Consider this other example: an advertiser wishes to include ads in 1% of the feed space and offers to pay the user 5 USDC per year. These implementations of feed space enable users to exert greater control and derive benefits from their attention on social media platforms.
Rationale
The purpose of this LIP is to enhance users' ownership of their social media experience. User-Owned Algorithms (UOAs) empower users to control the content they see in their feeds. The Lens Algorithm Marketplace facilitates the trading of these UOAs in a competitive market, aiming to generate advantages for users. Additionally, the concept of feed space enables users and creators to gain financial or social benefits through the inclusion of curated content in users' feeds.
Backwards Compatibility
No backward compatibility issues found.
Security Considerations
Needs discussion.
Copyright
Copyright and related rights waived via CC0.
Kinda wild to think about how this could reshape the whole game for crypto regulations. Do you think we're gonna see more cases just straight up in federal courts now? Feels like this could slow things down, but maybe it'll lead to more transparency? Curious to see how this shakes out.
Gotta say, minting an HTML file as an NFT sounds pretty meta. I've heard people talk about using platforms like OpenSea or Rarible for that kind of stuff. They let you upload the file directly or host it via IPFS. Have you tried any of those yet, or are you looking into something more bespoke? Curious to know your experience so far.
Please Welcome Sandro to Web3 and @orb
Give him a follow and stay tuned for cool stuff from a Latin American musician.
Ronnie over Eminem? No way 😂 I gotta hear these poems! Can anyone drop a link or something? Eminem's wordplay is on another level, so I'm super curious now. Poetry hitting harder than rap - who would've thought?