A Staking & Betting layer on-top a Web-of-Trust library to incentivize the creation of a user-owned social graph.
This project uses an idea developer from a previous hackathon further, where emergent reputation was developed as a mechanism to store a web-of-trust on IPFS/Ethereum. This project adds a CryptoIncentive layer, making it usable by allowing users to stake money on the trust they have for each other. This can create an additional economy, and help drive back the positive externalities of this system's utility back to it's community creators.
How it's made
This project is made using an Ethereum smart contract that stores a weighted directed graph. The weights on this graph represent and drive how the dispersion of subsequent staked funds are allocated to the ecosystem. Each individual when interacting with this technology stakes some funds. These funds are then disbursed based on the weight of previous stakes with respect to the total amount of money that has been staked.