8 Matching Annotations
  1. Nov 2019
  2. Mar 2019
  3. Feb 2019
    1. [First published in 1726–7.]

      To: Philbert

      Example question: When was Gulliver's Travels first published? a) 1776 b) 1726 c) 1830 d) 1945

    1. BOOK IT! motivates children to read by rewarding their reading accomplishments with praise, recognition and pizza. The program is simple, flexible, fun and free to use in your classroom! BOOK IT! was created in 1984 and currently reaches more than 14 million students and 37,000 K-6 grade schools annually.

      BOOK IT is a program by Pizza Hut.

      This is how it worked when I was a kid:

      Read a book. The harder, the more points you'd get from taking the quiz on the book after reading it. Cash those points in for a free pizza.

      This is how knophy will work:

      Read something Prove that you read something by taking a quiz. We will develop heuristics for determining the points quizzes earn in the fairest, most agreed upon way possible A user can either use those points for influence in the topic areas in which they were earned, or they can sell them for an [ERC like token OR BTC over the lightning network]

  4. Jan 2019
    1. We define an electronic coin as a chain of digital signatures.

      knophy.com

      Q) How does Satoshi define an electronic coin?

    1. Essentially, the product we are selling is a bet that people will value earning attention, ESPECIALLY as the platform grows. As it grows, each one of those points is held onto more tightly and becomes both harder to buy (caused by one’s desire to earn attention) and easier to earn as the content base will grow exponentially. This perfect balance of the human’s desire for attention, their ability to easily create and share in a digital age, and their desire for money will form the first purposefully scarce unlimited supply of currency in the history of humanity. The key is simply not allowing money to have influence in the system.

      The product knophy "sells"

    1. Power Ups

      More complex ways of using points in knophy

    2. 7) You can use these points for site-wide influence after you’ve earned them from creating content, or you can sell them on the marketplace. On the marketplace, investors will have the opportunity to invest in knophy or in your page on knophy specifically. If your page grows in value (as determined by the market) but the value of knophy shrinks, you actually stand to beat the market by investing in your page alone. Other than a potential return on investment, the investor does not earn any privileges by investing in these points. You can think of the points kind of like stock in a company. Once the points have been sold off into the market, they will be traded on the market, and not introduced back into knophy. Users will never be able to get those points back for influence.

      Here is one of the ways to use points in knophy