- Trading interface ala Coinbase
- Create an account:
- Gifted with eg. fake $10k
- Problem: Inflation?
- Or: Gifted with 10k stocks (tied to your Twitter account, ideally)
- And then you can start selling shares to the pool
- Feature: change your allocation easily (e.g. dilute yourself 10% to put it all in this new thing you care about)
- For now: speculate on Twitter profiles
- Try a Uniswap model:
- Every time a new Twitter user is added, allocate $10k and 10k shares to the pool
- Problem: How to accurately value existing portfolio?
- What the price of selling it all would be?
Maybe the entire thing is: Uniswap simulator for Twitter
- Twitter is auth layer
- People joining get tokens & money
- (money proportional to existing follower count? to log of follower count?)
- musk: 60M; PG: 1m; Patio11: 100k; Tina: 5k; Barak: 1k; Austin: 10
- Establishes a starting ratio of how much to value their shares?
- e.g. 1m followers joining = implied value of $1m/10k = $100 per share
- Nice property: market cap should reflect predicted follower count
- Auto-assign half of cash + shares in pool, and other half to creator
- Same thing happens when you try to buy someone's stock
- How is market corrected?
- Rich bots which try to "index" once a day based on follower counts
- Separating "Exchange" vs "issuer/minter"
- "Exchange" helps facilitate more efficient trades
- "Issuer" is where the things to trade comes from
Names:
- Chirp
- Tweetswap
- Tweep
- Twap
- Tweeple
- TwitterBet
- Tweet Market