Soulbound but FAIR price? Radical Rent & Quadratic Tax
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Soulbound but FAIR price? Radical Rent & Quadratic Tax

For a sustainable economy of nonfungibles (like lands or names):

  1. Quadratic Tax: nonlinear contributions by 3-dimensional distance.
  2. Radical Rent: liquid ownership with a shared pool for development.
  3. Fair Price: demand-based recurring fees.
  4. Soulbound Identity: nontransferrable but revocable.

Follow the Principles of:

  1. TIME vs entrophy: Force engagement via seasonal changes or elections; drive volume via capped the spending period of budgets.
  2. SPACE vs cold start: Bootstrap ecosystem via hyperlocal development; break through saturation via hierarchical economics.
  3. SOCIAL vs centralization: intensify peopleโ€™s preferences in collective decisions; reduce tyranny-of-the-majority and factional control problems.

Play with experiments:

  1. r/place.
  2. the button.
  3. fomo3d.

Quadratic & 3-Dimensional Tax

Apply exponential decays (hence quadratic) and hierarchical structures (hence 3-dimensional) on the tax amounts by lexicographical distance: paying the square root โˆšn of the price n in 3 dimenions: its preceding xโˆ’x_- and following x+x_+; its prefix name xโˆ’x^-; and, its supfix xโˆ’โˆ’x^-_-. For example, if the price of โ€œfoo.bar.1โ€ is n = 16, then paying โˆšn = 4 to its preceding โ€œfop.bar.1โ€, following โ€œfor.bar.1โ€, prefix โ€œfo.bar.1โ€, and supfix โ€œbar.1โ€ (as in alphabets โ€ฆ, r, o, p, โ€ฆ).

Use emoji ordering; for example, ๐Ÿ˜…๐Ÿคฃ๐Ÿ˜‚ย with ๐Ÿ˜ƒย as prefix.

For locations, use encodings such as Quad Prefix Tree or Plus Codes. For example, San Francisco is QH84+9V (or, simply, qh849v), its Mission District is QH7H+5M, and its Atlas Cafe is QH5Q+HC.

Applications

  • Custom domains: Shopify, Netlify, Github, Substack, Notion, Square Space, Webflow, Auth0, Firebase, Heroku, Medium, Stripe, Vercel, Bitly, Typeform, Cloudflare, Salesforce, Wordpress, Survey Monkey
  • Only fans, Writing NFT, Merchandise, Escrow.
  • Emoji reactions: 1 token forโ˜๏ธย (one above), 10 tokens for๐Ÿฅ‡ย (first prize), 100 tokens for ๐Ÿ’ฏย (100 percent).ย Each emoji icon and its counter โ€“ similar to Discordโ€™s post reactions but with payment like Only Fanโ€™s tipping โ€“ are displayed under its embedded tweet. User clicks the emoji icon to pay the token amounts (1, 10, 100) to increase its counter.
  • Contact info: 200 tokens for ๐Ÿ’ฌย (Telegram handle), 400 for ๐Ÿ’Œย (email address), 800 tokens for โ˜Ž๏ธย (phone number). Later: encrypted on chain (versus currently stored plain text inside the smart contract), 1600 tokens for ๐Ÿ’ฐย (portfolio wallet). Owner optionally clicks the emoji icon to enter their contact info. User clicks the emoji icon to pay the token amounts (200, 400, 800) to reveal the contact info.

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... our Buy-rated stocks in GOOGL, META and PINS as best positioned within the space.

Alphabet, Pinterest and Snap highlighted the retail category as a particular area of strength in Q3โ€™22 & as part of their Q4โ€™22 outlook.

This dynamic should benefit Amazon (AMZN), Google Search (GOOGL) and increasingly Pinterest (PINS) as these platforms have relatively higher exposure to lower-funnel, shopping-oriented ad spend.

By platform, Facebook and Instagram are estimated to have the largest US social buyer bases, while TikTok is expected to see the fastest growth (~24% โ€˜21-โ€™26 CAGR) and Pinterest continues to see steady adoption gains.

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Key Reference