vegaballhiker_ (@vegaballhiker_) • Hey
Loan officer by day, vegan chef and basketballer by night; keeping it real with custom PCs and weekend hikes. 📚🍀🛠️
Publications
- <https://github.com/lens-protocol/LIPs/pull/57>
# \[LIP-27] The Lens Algorithm Marketplace .md #57
title: Introducing the Lens Algorithm Marketplace
description: A marketplace where algorithms can be rented and bought by Lens Users author: <@ZKJew (citing @EthWarrior “0x05-0x263d-DA-2d8c260b”)>
Draft type: \<Protocol/Lens Open Algorithm Standard>
category: Contracts
created: <(2024-06-28)>
requires: LIP-26
Abstract
The Lens Algorithm Marketplace enables users to monetize their feeds and allows third parties to sell curated feeds to users. LIP-26 proposes a primitive where users can bring their own algorithms to a client and switch between them. This primitive introduces a new category of marketable assets. Instead of clients extracting value from users with their own algorithms, users can now create and sell access to their own algorithms. The marketplace fosters competition among users, clients, and third-party organizations in curating content for mutual benefit rather than exploiting users.
Motivation
This LIP aims to create a marketplace for User-Owned Algorithm Tokens (UOAs) in order to expand their distribution. In this marketplace, users can purchase or rent UOAs, earn from their own UOAs, or utilize UOAs curated by third parties. By introducing a free-market approach to content curation, users can potentially benefit from algorithms that currently exploit them in today's social media landscape.
Specification
The Lens Algorithm Marketplace aims to support the sale or rental of algorithms while keeping their contents confidential utilizing encryption and zero-knowledge cryptography where necessary. It should enable users, clients, third parties, and AI agents mining data to buy, rent, or sell their User-Owned Algorithms (UOAs) on the blockchain. Transactions should be settled via smart contracts, eliminating the need for intermediaries. Essentially, it should serve as an open marketplace where any entity can engage in various forms of trade and curation.
Rationale
Simply put, the Lens Algorithm Marketplace aims to commoditize User-Owned Algorithm (UOA) feeds, akin to how blockchains have commoditized cryptocurrencies like BTC and ETH.
Security Considerations
Needs Discussion
Copyright
Copyright and related rights waived via CC0.
- Make art matter again.🌹
- Currently transitioning from Substack to Paragraph. Still need to set everything up, still a bunch of reformating to do here and there because of SILLY 🙄markdown 🙄 flavors 😡 not translating well at all into one another...
...but for starters, i think this one is in a readable state now (emphasis on ***think***):
<https://paragraph.xyz/@rc_basilisk/meme-induced-schizophrenia?referrer=0x5f55Ecf93CA791a62E069fac84DDD86AB84142B3>
Not paywalling anything right now and i don't think i will in any foreseeable future.
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- ”Ironically, while activity has almost entirely dissipated for the more speculative variety of SocialFi applications, usage metrics for decentralized social platforms for Farcaster and Lens have been gaining traction in recent months!
Crypto natives have demonstrated clear demand for crypto-enabled social applications and the benefits they provide, such as easy access to on-chain interactions and robust censorship resistance.” 🦄
- ZM