Slashdot Mirror
Interviews: Ask Social Network Minds.com CEO and Founder Bill Ottman a Question
As you may have noticed, Facebook is not cool anymore. The social juggernaut has been mired in controversies -- infamous privacy scandals or the company's ruthless "grow fast and break things" approach to gain users, to name a few. Luckily enough, some people are trying to build new social networks and are coming up with interesting original ideas. Minds.com is one such social network.
The open source social network, which has been operational since 2012, works on a point-earning/exchange system to give users full control over the reach of their posts. One of the complaints people have with Facebook and Twitter is that they feel their posts are not being seen by all of their friends. Minds.com lets users earn points and then trade those points to boost their posts on the platform. Users earn tokens by being active on the platform and engaging in uploading, voting, commenting and other similar activities. They can then use these tokens, which can be exchanged within the platform, to boost the reach of their posts. The company last year launched a cryptocurrency reward program based on the ethereum blockchain for all users on the platform. Minds says it does not determine what should be censored. Users are free to post whatever they want. (You can follow us on Minds.)
We are excited to announced that Minds founder and chief executive Bill Ottman has agreed to do an interview with us. If you have a question about Minds.com for him or his take on the current social networking space, feel free to ask it in the comments section below.
The open source social network, which has been operational since 2012, works on a point-earning/exchange system to give users full control over the reach of their posts. One of the complaints people have with Facebook and Twitter is that they feel their posts are not being seen by all of their friends. Minds.com lets users earn points and then trade those points to boost their posts on the platform. Users earn tokens by being active on the platform and engaging in uploading, voting, commenting and other similar activities. They can then use these tokens, which can be exchanged within the platform, to boost the reach of their posts. The company last year launched a cryptocurrency reward program based on the ethereum blockchain for all users on the platform. Minds says it does not determine what should be censored. Users are free to post whatever they want. (You can follow us on Minds.)
We are excited to announced that Minds founder and chief executive Bill Ottman has agreed to do an interview with us. If you have a question about Minds.com for him or his take on the current social networking space, feel free to ask it in the comments section below.
Is anybody here really looking for a new social media site to join, or are they more likely looking for ways to cut it out of their lives?
The Daddy casts sleep on the Baby. The Baby resists!
users earn points and then trade those points to boost their posts on the platform.
Karma points will have a real effect and people will soon find a way to trade them for real money. People with loadsamoney will then arrive and use this black market to gain influence.
Users earn tokens by being active on the platform and engaging in uploading, voting, commenting and other similar activities
Power Users earn loadsatokens by spamming reposted crap from reddit/4chan/facebook, and then adding a sprinkling of top voted comments from previous reposts and finally brigading the shit out of it with voting bots.
Power Users will then convert tokens into money with sponsorships or just plain old grift.
Question: How are you going to sell a combination of microtransactions (i.e. points) and social media, two least consumer-friendly trends in tech, to users? Do you think we are that stupid?
How many monthly or daily active users does Minds have?
How does minds make money? Is it hoping the cost of the token will go up?
Does Minds.com use their own token? If so what is the name of it?
Minds.com sounds like a good idea. What kind of reception are you seeing from users? I have one more question: What's the philosophy behind this points based system?
The problem I see with many startups and companies these days is that they have a good idea and strong principles. But eventually the big shark in their category buys them. What would you do if Facebook offered you a billion dollar tomorrow?
What differentiates Minds.com from Steemit?
Isn't this basically just Reddit with crypto?
What will prevent Minds.com from becoming the next facebook? I mean do you have things or procedure or guideline in place to prevent your site to become a Capitalist dominated data aggregation tool for those who have money to use as a tool to control/subdue the mass? What will prevent minds of being taken over by a CA or Board that will dictate new rules aimed at making minds the next facebook?
It seems like Minds incentivizes Quantity over Quality, at the end of the day. I can see how Quality can be beneficial, but what de-incentivizes someone from pumping out tons of quantity in order to achieve the same rewards?
Did you know about Slashdot's comment moderation and meta-moderation system? Did it inspire Minds moderation/incentive system at all?
From the description of your system, it sounds well-intentioned, but... People are not flat one-dimensional objects and it sounds like the point system is flattening people that way. On that basis, I guess I can reduce it to two questions, and then clarify how I wish it would work (in terms of MEPR).
(1) If your points are one-dimensional, then how do you justify reducing people to a single number?
(2) If your points are multidimensional, how do you control the dimensionality?
So now the attempt to clarify the context of my questions... First of all, let me say that there are some aspects of the idea that sound good, even excellent--but ANYTHING sounds good when compared to Facebook.
I think there should be a kind of symmetry between what you do and how you are perceived. MEPR (Multidimensional Earned Public Reputation) is my current handle for this idea. Essentially the people who do things should earn positive or negative ratings on various dimensions based on what they did, and the things they do should start with positive or negative ratings based on the person who did them.
Here are a few simple example: If a public comment is made by a person who has a track record of lying, then that comment should be tainted with a low score on the dimension of honesty. If a person has frequently made comments that people regard as funny, then that person should have a positive score on the dimensions related to humor. If politeness is less important to me than fresh ideas, I should be able to adjust my input weights accordingly.
In visible terms, I imagine a pair of icons. On the personal side, one would be the personal icon linked to the data that the person chooses to share. The second would be the MEPR icon, a standardized (radar?) image linked to the public behaviors and data that defines the MEPR values. (And it should be an opt-in system, too. If you want to disable your MEPR, you should be able to do so--but on Slashdot I am glad to ignore the ACs and I would also discount actions from people who reject or deny accountability for their public behaviors.)
As usual, I have wandered too far and used too much time, so I must again bid you ADSAuPR, atAJG.
Freedom = (Meaningful - Coerced) Choice != (Speech | Beer^2), and sad sock puppets' bad mods avail them naught.
I've never heard of you, nor have I ever thought of connecting to you. Is writing cantankerous comments on tech websites as you age and decline the best you can do with regards to spending your time? Maybe take up meditation or work on your physical fitness to find some semblance of fulfillment in your life.
Is the MINDS token listed on any exchanges?
It sounds like a permanent record of down-/up-votes. How is this different to a credit history or a criminal record? Where's the right to be forgotten, or at least, have historical stupidity discounted?
Leaving aside the 'I will mark everything according to how much I like X' scoring, it's still vulnerable to the 'you give me good scores and I will give you good scores' abuse of current reputation systems.
As Fox news and Facebook stories prove, it's easy to tell people they're victims and they need to fight somebody with guns. What prevents morons punishing people who injure their self importance or justify their self-righteousness? What prevents the ranking system devolving into a Twitter-storm demanding murder and rape?
I know part of the typical business model of social media is selling metadata, have you done away with this because of moving to a crypto-based model or do you use that data for selling as well?
Also, if you do sell that data, what is your data retention policy after a user chooses to leave the platform?
Open Discussion standards are those which protect the user from censorship and deletion of their work on the site. They generally permit removal of illegal material or grossly offensive images and slurs, but do not permit censorship by content type or topic.
Will Minds.com adopt one of these, and if so, will that make it hard for it to become a popular social network since most people "seem" to want a steady stream of inoffensive palaver and kitty pictures instead of substantive issues, debates, articles, discussions, etc.?
Alternative Right.