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What's to stop 'creators of content' to essentially demand LTBcoin exclusively for content?

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irnhnve

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By creators of content I mean the sources and people being interviewed in the community. I am wondering if a barrier to entry could develop that would prevent new shows from being created because they may not able to pay LTBcoin for certain content. Conversely this would also encourage new participants to create higher quality content as they would need to earn LTBcoin through this content to progress higher up in the network. I wouldnt see any of this being relevant anytime soon if the dogecoin (distribution) mentality is encouraged.  

Posted on March 15, 2014 at 10:55 PM

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• Fox

  

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  If I understand your concern correctly, you feel the source may demand too much LTBcoin of the content producer to provide their insights. I'm not qualified to speak for how it works in traditional media outlets, but I do feel the LTB Network facilitates a source to self-publish, thereby allowing direct compensation of the source by the audience and, perhaps, leading to increased LTBcoin as a result.  
  As a source with something valuable to share with the audience one should weigh the expected return of self-publishing or contacting an Autonomous Content Team (ACTS: A Market for Media). 
  
  I do see value in delivering content through an ACT vs. self-publication.  A well conceived ACT may consider using a Smart Contract with the source to compensate both entities should the content prove valuable to the audience and drive LTBcoin compensation.  I don't believe the LTB Network will facilitate Smart Contract directly, but the ACT may chose to implement this on another platform.
  
  
  

  Posted on March 17, 2014 at 3:30 AM
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