Tagged: dmp

animation of EDP and SEA

So, people have adopted MTTP and co-created something. What happens if money is attracted to this?

For example, a team have invited one another through a web of peer-to-peer MTTP social contracts, and they produce a book. Traditionally, they would try to “sell” the book. However, with ecological economics, the book is given. Of course, in order for the participants to continue writing or doing other things, it would help if they were given money in return. Thus, the value that the team produce attracts money. We call this surplus.

The money that is attracted to the value co-created is divided equally to all participants. This is EDP — Equal-Distribution-Protocol. (On this website, this used to be called dmp, the distributed-money-protocol.)

For added flavour, to capture the quality of different people’s contributions, they can use the Subjective-Enumeration-Algorithm.