The Joystream Manifesto
Manifesto units out both the issues we believe are related to
digital media platforms of their present kind in addition to our proposed
solution to these issues.
consider that art, be it as literature, music, movie, games or
performance, is a crucial device by way of which societies set up a
shared understanding of what is widespread information among all members.
These expressions outline values and narratives that end up shaping
tradition, faith and even public coverage. It due to this fact issues deeply
how it is financed, distributed and paid for.
Digital media has turn into the primary medium by way of which such expression is
distributed, and digital media platforms have turn into the key
establishments organizing this exercise.
as a result of network https://www.joystream.org/ results, economies of scale, regulations and political
interests, we are at present left with handful of large institutions
which set the terms for the way this occurs. They are almost entirely
unaccountable to regular market and political mechanisms.
a outcome, our stories, expressions and interactions are managed and
filtered on their phrases. This continues to generate an ever changing
set of problems, be it
monetization, censorship of controversial speech, inequitable sharing
of positive aspects with creators and viewers, low platform innovation or lack
of credibility with third celebration builders.
name for an association the place media platforms are accountable to the
individuals they impression, that are primarily their users, be it as
customers, creatives, third celebration developer or workers.
is the absence of such accountability which is the basic source
of any specific problem at any particular time.
core thesis is that there are two fundamental challenges which must be
addressed to achieve this goal, and that an appropriate software
of latest distributed methods know-how, including
blockchains, smart contracts and tokens, is the right means to take action.
is the query of the way to create an alternate from scratch within the
face of platform externalities which make any new platform nearly
useless, no matter any of its inherent traits. The
strategy of doing this type of bootstrapping has historically been
largely an artwork, where success has hardly ever been reproducible.
consider that blockchain tokens, earned by and issued to early
participants, have been shown to be extremely efficient at
mobilizing, integrating and motivating an international and dynamic
has now repeatedly allowed nascent communities, just like the Bitcoin
community, to overcome the initial community effect hurdle. There is not any
certainty that this shall be enough, but we consider this mechanism
is as promising as something which is likely to have a chance in a
is the question of tips on how to create and sustain accountability in such a
platform when it truly reaches scale.
perceive there to be two elementary ways in which members can
maintain establishments of any sort accountable: Voice and exit, within the
custom of Hirschman A. O.
is the method of trying to enhance or reform the functioning of
an institution from inside. The effectiveness of this depends on some
capability to each share reliable data with different members, and
have some impact on internal governance processes. Current media
platforms provide customers no efficient method of doing either.
consider that blockchains provide an organizational and economic
infrastructure which can address both problems. The public,
verifiable and immutable history of economic and administrative
information, provides a superb foundation for customers to grasp the
current and previous state of the platform. This allows anyone to make
incontestable claims about relevant information and circumstances.
blockchain tokens permit us to make use and management of a platform
inseparable, giving users an automatic seat at the desk in
deliberating over platform degree choices.
that’s required to determine, train or transfer the capability to
participate in such exercise, is the power to signal messages with
identifiable cryptographic keys. Perfectly reliable contracting gives
a large, dynamic and unrestricted set of users the technique of governing
the platform. This can serve a wide range of purposes, corresponding to
undertaking initiatives, regulating participation in several formally
specified roles, or even updating the institutional guidelines themselves.
This integration of dependable contracting into the financial rails
provides an organizational infrastructure rather more according to our
aims of inclusive management than the normal jurisdictional belief
is the method of entirely ending participation in an establishment in
favor of both joining or creating an alternative. The effectiveness
of this depends on costs of leaving, and either joining or creating
an alternative, all being low compared to the deprivation in the
existing establishment. This is presently not the case.
building platforms based on free open supply software program, open
protocols and open information — as is the case with Blockchain
systems, one dramatically lowers these prices. Since users control
their very own data, identity and property, they’ve a much easier time
becoming a member of new platforms, and even taking their friends with them.
protocols and knowledge will make multi homing interfaces abundant, where
customers could not even need to switch, however instead use multiple platforms
simultaneously, which encourages platform stage competitors.
more dramatically, reliance on open supply implies that all of the
software program capital of a platform can simply be reused, and since the
whole organizational state can also be public, whole ecosystems could be
forked to create new different platforms with modified insurance policies and