Individuals who perform search and navigation tasks in social networks and digital infrastructures where they are routing messages and information are rewarded with Social Bitcoins. Due to the possibility of exchanging Social Bitcoins in other dimensions of the currencies, users are incentivized to route information among several networks. In this vein, engaging in less active information networks is rewarded with more Social Bitcoins. With this incentivization structure, users replace centralized institutions from the platform economy. It is a tool to democratize the digital ecosystem by incentivizing user engagement, and for creating a lively digital democratic information space that is free from central monopolies in control of information.
Proponents: Dirk Helbing, Kay-Kolja Kleineberg
For further interest on this topic:
https://link.springer.com/article/10.1140/epjst/e2016-60156-7
Reason for intervention | State coercion, dysfunctional fiat currency, dysfunctional general public |
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Institutional impact | transformation of economy, transformation of online public discourse |
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