Blockchain — reducing monopolistic profits

  1. The engineers create 100 dtube crypto-coins, keeping 30, and selling the rest to raise money for their engineering efforts. Coin holders are basically equity holders of the network.
  2. Each time a content producer wants to post a video, they will send the D-tube network 1 dollar (or equivalent ETH). This fee is then distributed to dtube coin holders.
  3. The dtube coin supply is fixed and finite
  4. The 1 dollar fee is fixed and hardcoded in the code
  5. In reality content producers/viewers will also have to pay an ethereum network fee for posting video but let's assume it is zero
  6. All of the software written by the engineers is open source

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Coder and Ex-hedgefund manager. I write about finance, crypto, etc.

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cryptoB

Coder and Ex-hedgefund manager. I write about finance, crypto, etc.

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