DAMN

DAMNs don’t need to monetize via advertising. On the contrary, the network-owning participants can natively earn from their contributions by creating demand for the DAMN’s token and raising its price.

Today, participants of a centralized social or media network have no incentive to care about the quality of the network itself. The web2 economic model is a zero-sum game, and individuals are incentivized only to draw attention to themselves. Because there is no cost to create, every network inevitably becomes inundated with spam and noise at scale... See more

3) While DAOs can have infinite purposes (building products, collecting NFTs, forming social clubs, etc.), DAMNs have a single utility: create and distribute media.

2) Built-in incentives for users to coordinate in adding value to the network. Because DAMN participants own their network, they are naturally incentivized to coordinate in increasing the network’s value. With a DAMN structure, the network’s value is a direct function of the demand for its token. The demand for a network’s token increases as more p... See more

1) A tokenized network owned by its users

A DAMN can be characterized by three fundamental features: