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User: philipstaffordwood

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  1. Create a stock market on A Working Economy Without DRM? · · Score: 1

    1) Find someone who can generate "recoupable income" from the distribution of the "product" or artifact.

    2) Have this agency apply for a "stock" to be created based on the product.

    3) The agency registers the "stock" on an existing market for creation of this artifact.

    4) The agency sells "stock" on the market to investors.

    5) Each share in the stock is coupled to a dividend to be paid at a future date based on the number of registered copies of the freely distributed artifact.

    6) The money raised from stock sales gets paid to the artifact creators.

    7) The artifact is freely copyable and distributable with users "registering" to indicate use.

    8) After a fixed period the registered copies are tallied and the divident gets paid out.

    a) The agency that adminsters the market makes profit on transaction costs.

    b) The artifact creator receives capital to produce it.

    c) The investors carry the risk of project failure, but are able to speculate for a profit.

    d) The stock declarer (having calculated his "recoupable cost" before-hand) has an increased "income" due to the free spreading of the artifact with almost no risk. If the artifact does not get copied much- they don't pay much in dividends.

    e) Any user has access to the artifact after registering