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/biz/ - Business & Finance

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50495554 No.50495554 [Reply] [Original]

How does it work? Reddit is centralized and is worth $10 billion, or was worth that much last year. If Plebbit is a serverless and adminless clone of Reddit, should the PLEB token capture this value? Where else would its value go by nature of being a decentralized project?

>> No.50495586

plebbit could be worth more

the value is not actually derived from tangible metrics its derived from the sale price between one retard and another

>> No.50495621

plebbit is a real thing?

>> No.50495720

>>50495621
It's an attempt by 3 developers to fix the shortcomings of Reddit. It's Reddit + IPFS + Pubsub. The web demo is very slow, but the desktop version runs nicely.

Web: https://demo.plebbit.eth.limo/#/
Desktop: https://github.com/plebbit/plebbit-react/releases/tag/v0.1.4

>> No.50495749
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50495749

>>50495621
>>50495720
Sorry, by shortcomings I mean picrel

>> No.50496030
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50496030

I love pleb-chan!

>> No.50496146

>>50495586
>the value is not actually derived from tangible metrics its derived from the sale price between one retard and another
I disagree. Reddit is not listed on the stock market, therefore there's nothing to sell from one retard to another. Yet it's valued between 10 and 15 million USD. It has intrinsic value.

>> No.50496167

>>50495554
reddit sells ads.

>> No.50496354

>>50496146

private companies are still sold in between retards, just privately

and there is no such thing as intrinsic value

>> No.50496356
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50496356

>>50496167
Reddit won't have an audience soon. Do you honestly think people will use platforms that track your 'truth score' and arbitrarily ban certain words?

>> No.50496444

>>50496356
>he thinks redditors don't want to compete for good boy points
They're like this already, this is just codification.

>> No.50496508
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50496508

>>50496354
>and there is no such thing as intrinsic value
The ability to reach someone without getting censored is probably the most valuable thing in existence today. How do you think Biden won the election in 2020? Conservative voices were silenced and everything pro-liberal was given frontpage coverage. Why do you think the Covid-19 vaccination campaigns were so popular? Dissent from voices of reason were banished from the face of social media.

>> No.50496559

>>50496508
value is subjective friend, what you think is important is not a universally held belief

>> No.50496692

>>50496508
Wut? You must live in another world.

>> No.50496713
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50496713

>>50496444
I hate reddit's global jannies so much it's unreal

>> No.50496833

>>50496030
Based pleb chan autist

>> No.50496838
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50496838

>>50496559
That might be true if everyone fended for themselves, but life in society means individuals adhere to certain norms, hierarchies and whatnot. Some social norms are even codified (eg. criminal code), making their interpretation not even open to debate. Regardless, life in society is not subjective. It certainly doesn't value plumbers and doctors the same. And it's not my belief that censorship-resistant social media is worth something.

>> No.50497045
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50497045

>>50496838
>muh hierarchies

>> No.50497257

never heard of it

>> No.50497895

>>50495554
How do you monetize something that is decentralized and has no administrators?

>> No.50498142

>>50497895
By emitting a token that has use-cases within the platform, I guess. These uses-cases could be tipping content, buying goods from a market place subplebbit, advertised content, etc. Let's see how the MVP release goes first.

>> No.50498195

>>50495554
> reddit
> worth 10 billion
They have no way of monetization, shitty ads just won’t do it. It’s obvious when their supposed ipo keeps getting delayed
VCs know hyper growth period is over and reddit is just a jacked up imageboard. They’ll start laying off people and get bought by verizon eventually

>> No.50499733

>>50495554
This is the last chance for biztards to get one over Reddit cucks. If you nazis fail to take this off, Reddit will bury 4chin forever. Plebbit to 100mill mcap

>> No.50500624

>>50496030
>>50495554
Pleb-chan is so cute and funny...