Open Commerce
What Futuristic Marketplace Can We Start Today?
Big question.
The Decentralized Autonomous Marketplace (DAM)
By modernizing our approach to collaboration through distributed management combined with today's open-protocol Internet, we head towards a new frontier of digital experience.
The DAM is an infinitely scalable decentralized all-in-one mass consumer open platform for personal knowledge management, collaboration, and entertainment.
DAM Network Effects Without Centralization
Imagine a platform where developers list app experiences to reach a broad user base for shared network effects, data opportunities, and revenue streams.
Use Cases include: Social Networking, FinTech Solutions, Premium Content, App Marketplace, eCommerce, Second Brain Knowledge Graphs, and so on.
End-Users create their own perfectly tailored digital life experience (a marketplace of ideas, conversations, goods, services, entertainment, education, solutions, and so on).
Creators & Developers provide components, widgets, plugins, full apps and media experiences, with instant exposure to the platforms global user base, benefiting financially via trustless revenue share.
A mass market open source decentralized platform that operationalizes web3 potential for mass market adoption.
Something like this:
DAM Self-Censorship
By enabling sophisticated UI customization for filtering and matching, we can all create our own 'reality bubble' to only see content of interest.
Users gain as much control of their data as they wish so only via their consent will apps or advertizers have access.
DAM Anti-Monopoly
High-traffic social platforms today (Facebook, Amazon, X/Twitter, YouTube, etc) allow very limited UI or feature customization, and have extractive economics that limits opportunity for developers, creators and users.
The DAM is an open 'everything' platform to compete with the efficiencies and scale of web2.
DAM Instant User Adoption
Today, startups suffer the risk and difficulty of marketing, which pulls them away from focus on product development.
It is not easy to build market presence with relevant audience attention across multiple centralized platforms.
We can expect dozens of app developer communities to leverage a shared platform to reach an ever growing mass market.
DAM Revenue Distribution
The DAM will become multi-chain and multi-currency as developers integrate their app experiences via any smart-contract back-end they wish, powered by whatever crypto tokens they choose.
A 'Decentralized Autonomous Marketplace' (The DAM)
Purpose
Platforms today prevent open innovation as activity becomes concentrated on centralized marketplace platforms where wealth is extracted to the handful owners, rather than creators and developers being sufficiently incentivized to build better systems for all.
1st Prize
Achieve a diverse set of developer contributors to manifest the DAM by 2025.
Big global brand showing personal product professionalism, leading to web3 industry dominance.
Targets
An open app and components library, allowing any web2 or web3 project to integrate and gain exposure, where users can customize their experience by choosing dapps they include on a no-code WYSIWYG UI.
A consumer facing UI-builder making use of a developer-driven components library including web3, traditional apps, AI services, and data solutions.
An open protocol with decentralized infrastructure.
Fully permissioned UX, driving relevant interactions between participants, from casual users to content creators and app developers, with the synergy of shared services and filtered data management.
An economic engine driven by web2 commercial primitives (fees, subscriptions, licenses, etc) and web3 smart tokens
Data processing and storage via smart contracts, modern databases (vector, etc), and AI/ML
Enabling these generic Jobs To Be Done for users:
Milestones
Create visual prototypes
Build functional prototype
Enable multi-chain smart-contract backend
Get grant funding for explorative phase
Identify the EPICs:
UI builder
App Library
Data Insight
Economic Engine
Oracle / API services
DB / Blockchain Data Warehousing
Approach
Easy filtering and matching to discover data (content, references, news, processes, etc) based on precise criteria.
There are also new supportive technologies emerging such as Knowledge Graphs to optimize Personal Knowledge Management which will soon enable a highly networked collective brain.
Revenue Opportunity's for Creators & Developers
Revenue opportunities for all contributors of the DAM will manifest via financial primitivesin such areas as follows.
Transaction Fees — The platform can earn fees for hosting and facilitating value exchange via the marketplace. Dapps may choose to pay a single access fee, or a per transaction fee.
Advertising Fees — Dapps listed in the marketplace can pay for publicity across the marketplace to reach new users. Users will have full control on the types of advert that reaches them, thus giving each user the power to control their experience on the platform. This provides a significant advantage compared to other platforms.
Service Fees — To be negotiated with solution providers by way of introducing them to client opportunities. I.e. As a platform we can take a fee for introducing experience creators (content or code) with clients.
Venture Agreements — Once established, or with supporting partners, we may provide capital investment and further support for projects that require smart contract development and other professional services for launch, by negotiating SAFTs (simple agreements for future tokens) or SAFEs (simple agreements for future equity).
References Towards An Open Protocol for Inspiration
https://subconscious.network/ — "Noosphere is a permissionless protocol, like HTTP or IMAP. You can build whatever you like on top of it." (ref: Noosphere: A Protocol for Thought)
https://dark.fi/ — "anonymous L1 based on zero-knowledge, multi-party computation and homomorphic encryption"
https://nomos.tech/ (connected to Logos.co) — "Nomos is a novel blockchain project that will address a network state's fundamental need for adaptable privacy and sovereignty."
https://github.com/gofractally/psibase — "a powerful protocol that enables communities to come together to easily self-host web applications"
Changelog
2023
Working with the SingularityNET community from the lense of an AI layer for the DAM — WIP
Find other developer group collaborators to plan the architecture of the DAM
2021
Ideation for a composable UI, fully data-permissioned through filters and config controls — DONE
2018
Initial research into components library's — DONE
Last updated
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