What is recursive content monetization?

Episode Summary

This week, Anna and guest co-host James Prestwich chat with David Vorick from Skynet Labs about the scope and goals of the Skynet project. They discuss the journey from earlier work on Sia & distributed data to Skynet, SkyDB, and their idea for Recursive Content Monetization - a new model to pay online creators and content owners. They also chat about the SkyFeed project - a decentralised Twitter like project. In this part of the conversation, they explore how the decentralised community could potentially remove the harm done by the social chat algorithms, but also the potential impact - and danger - that fully decentralised systems can have. Here are some helpful links: https://siasky.net/ https://sia.tech/ https://support.siasky.net/article/nz6p6876e3-skynet-resources https://blog.sia.tech/skydb-a-mutable-database-for-the-decentralized-web-7170beeaa985 https://blog.sia.tech/skynet-the-future-of-nebulous-c9922eb53456 https://joinmastodon.org/ Thanks to this week’s sponsor Aave.  Aave Protocol is an open source and non-custodial protocol where users can earn interest on deposits and borrow assets  Aave Protocol also features access to innovative DeFi building blocks like Flash Loans. They are now introducing a new feature is Credit Delegation, where users can delegate their credit to another person who can borrow against it  For anyone thinking of contributing to the ecosystem, check out the Grants Program - here is the link: https://docs.aave.com/portal/   Also vIsit aave.com or join the Aave Discord #developers channel https://aave.com/discord to find out more! If you like what we do:  Follow us on Twitter - @zeroknowledgefm -https://twitter.com/zeroknowledgefm Join us on Telegram -https://t.me/joinchat/B_81tQ57-ThZg8yOSx5gjA Catch us on Youtube -https://www.youtube.com/channel/UCYWsYz5cKw4wZ9Mpe4kuM_g Read up on the r/ZKPodcast subreddit -https://www.reddit.com/r/zkpodcast  Give us feedback! -https://forms.gle/iKMSrVtcAn6BByH6A  Support our Gitcoin Grant -https://gitcoin.co/grants/329/zero-knowledge-podcast-2 Support us on the ZKPatreon -https://www.patreon.com/zeroknowledge Or directly here:  ETH: 0xC0FFEE1B5083230a5154F55f253B6b6ae8F29B1a BTC: 1cafekGa3podM4fBxPSQc6RCEXQNTK8Zz ZEC: t1R2bujRF3Hzte9ALHpMJvY8t5kb9ut9SpQ
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  • What is recursive content monetization?
  • What is a portal?
  • Timeline for recursive content monetization to be ready to go. The main struggle is accepting traditional payments.
  • Innovation has a much lower barrier of entry on the Skynet compared to the traditional web.
  • On the centralized web apps don't want to share. On Skynet model, the apps need to share data.