Synereo – A decentralized, attention economy-based social network
synereo.com
synereo.com
Second, perhaps it's your marketing, but something feels not quite "there yet" about this: selling your unit of attention currency (AMPs) for money is a big red flag. Why hand over my social capital to just another set of folks who want to monetize it? I get that it's "decentralized", but the market aspect looks to me like you're still trying to maintain control.
Third: I'm absolutely excited about this idea, though, and will definitely keep an open mind. I'll start with your whitepaper and post any more thoughts (or retractions, or apologies!) here.
Good luck!
I don't see another way of doing this, as working completely for free on such a big project isn't sustainable (this is what they're currently doing).
I don't think they will be monetizing your social capital, as this network will be P2P, decentralized and distributed, only you will benefit from your social capital; they only get the current funding for building the infrastructure and a set amount of APMs. They won't have revenues in the future from the network itself from what I understand.
Plus, I'm guessing they want to see that there are enough people who value what they've done, what they intend to do and that those people will form the initial community in Synereo's social network. At the end, if people aren't interested enough in what they're doing and don't see value in it, perhaps they shouldn't be doing it and I think this crowdsale will be an indication.
Personally I also got familiar with the team and I love the idea so I'm buying :)
All the best of luck!
We have a working distributed storage solution, a smart contracting system that’s based on decades of research and established practices (see code examples and implementation details in our whitepaper), and an attention economy model inspired by the brain’s neural networks."
http://www.synereo.com/whitepapers/synereo.pdf
https://docs.google.com/presentation/d/12wZfRyF9XBMrc1ripXGf...