We use memberships to develop a relationship with our audience and generate recurring revenue to support the work of photographers and filmmakers.
Through vivid, audiovisual storytelling, we get at the heart of what’s most meaningful for today’s traveller: the lived moment. With a passion for surfing, hospitality and architecture, ambassadors go beyond curating their own hotspots.
LTL Magazine sits at the intersection of storytelling, community development and web3 technology, with a core focus on finding places to Live The Life.
We have enjoyed the golden years of printed media and experienced the downfall as well. It’s time to figure out ways to reward storytellers more efficiently.
Google and Facebook have taken all the available ad dollars, leaving publishers to fight for the last remaining scraps of revenue by any means possible. Clickbait, fake news, content-farms and outrage are the desperate final attempts to hold onto past traffic levels. Everyone is struggling with a viable business model for publishing, and an editorial strategy beyond trying to compete for as much traffic as possible.
Decentralized Autonomous Magazine
A magazine owned and governed by the contributors and readers. Where contributors submit articles, photos and videos. And where readers interested in participating in the curation of the magazine buy tokens on a bonding curve and stake on articles that get submitted.
When contributors submit an article, they are also submitting a request for payment. If their submission reaches a support threshold they will be rewarded by the DAO. The magazine will explore the Unlock protocol for membership subscriptions.
Contributors get shares of governance and profit. Readers could subscribe for a base price, but could also pay a higher tier into a reserve pool, which grants them profit share and governance ability. So, revenue is split between the common pool and the bonding curve reserve, to reward both contributors and curators.
Dedicated to the Vision of Web3
The main challenge is to leverage existing social platforms for discovery & distribution, while creating a non-crypto-native interface to connect with a Web3 Magazine. The interface will use the Abridged SDK , connected with the Aragon DAO (Gardens Template). And we need to find a way to connect our publication through the new Aragon Connect.
Rather than rely entirely on majority rule decision making, resource allocation decisions in the Gardens Template (#1HIVE) are regulated by staking on proposals to accumulate conviction over time. This allows resources to be allocated fairly, while minimizing the political and divisive process of coming to consensus on a single course of action. A bonding curve allows people to enter or exit without requesting permission, but similar to Moloch’s ragequit mechanism, exit is restricted while supporting proposals.
Legal wrapper around all DAO's?
Eating your own dog food or dogfooding is the practice of an organization using its own product. This can be a way for an organization to test its products in real-world usage. Together with a bunch of innovators we are currently exploring crypto-economic models and primitives, that can soon be used by other projects.
We envision to setup a Gardens Template for the 1 million plus non-profits in France. We can establish a blockchain association to help streamline the way non-profits operate under "LOI 1901". Make them more efficient and transparent. Offering the technical buidling blocks that are available today. Promote the economic, ecological, and social development in the region of Nouvelle Aquitaine, in the South West of France. Share experiences and create synergies with other entrepreneurs that can benefit from recent blockchain innovations. Produce content to support web3 entrepreneurs. And assist to turn ideas into startups.
"If you start a project, consider raising funds with bonding curves, foster initiatives through open proposals, make decisions using token and reputation-weighted voting rights, onboard new members collectively and transparently. Consider creating an open network of users, developers, and investors around it, and engineer a token system that will serve them all by giving them a voice and a share of the value they contribute to creating.”
30 years later, aragon turns his vision into reality ...