Quick Facts at Loud: An experiment in a decentralized attention market that rewards voices with transaction fees

Original Author: @0x_ultra

Compiler: Zen, PANews

TL; DR (Summary of Key Points)

Loud is an experiment on the relationship between attention and value. $LOUD tokens have no intrinsic value on their own, and each transaction incurs a fee, which is used as a weekly marketing budget to reward the top 25 users who can best increase Loud's mind share. Distribute using @KaitoAI of Mindshare data, which is one of the most efficient incentives out there.

This is not a revolutionary paper on the mechanism of attention in neural networks; Rather, it is an experiment in the purest attention market. This experiment is to run permanently, without human intervention.

Sources

of InspirationWe often talk about the attention economy in Web3, and the platform built by Kaito AI is essentially a system that allows everyone to participate in attention trading, thereby accelerating the development of the entire industry. In the process, it has also created one of the best proof-of-work incentives in history: a reward based on "mindshare". This Web3 primitive allows the project team to get the highest possible output for every dollar invested: to create a pool of rewards to be contested by those who are willing to put in the effort. This is the first piece of the puzzle.

The second part is inspired by the successful practice of Believe, a Web3 startup platform: through transaction volume and fees, establish a long-term model of binding the interests of speculators and creators, so as to feed back the continuous creation of creators. In fact, the attention of the project is completely dependent on the output and maintenance of the creator, so the creator is the key driver to maintain the attention.

So what if we could combine the best of both models and create a new incentive mechanism where the motivations of all participants are aligned with the goal of "maximizing mind possession"?

What is Loud?

Loud is an experiment that distills the purest form of cryptographic primitives and removes the intermediate product form.

It's time for the "3,3 Game Theory" to return.

(3,3) Game theory is a concept proposed by Olympus DAO, which is derived from the collaborative thinking in game theory, which expresses the situation that can achieve a "win-win" situation when participants cooperate with each other. Its essence is an optimized version of the Prisoner's Dilemma, combined with Web3's tokenomics model, to convey the idea of "we win together" to the community in an understandable way.

game matrix, "3" indicates that the operation has a positive effect on both the protocol and the participants; "-3" means harmful. Therefore:

• (3,3): You pledge, I pledge, everyone supports the protocol, the protocol grows, we all gain the most → Win-win

• (-3,-3): You sell, I sell, the protocol collapses, we all lose → Total loss

• (3,-1): You pledge, I sell, you take the risk and I make a profit → Unilateral game

experiment setting

We combine the best proof-of-work model with a mechanism that allows creators to receive a long-term fee split. What would happen if we offered a consistent reward to those who spread the word on a topic?

We will get the purest "3,3": a direct link between speculators and opinion leaders (KOLs) – no intermediate goods at all. A persistent attention engine subsidized by speculators, driven by KOLs.

The fees paid by traders go directly to a prize pool, which is divided among the "topic makers" who top the attention charts, incentivizing them to consistently generate more vocals and trades. You should already see the rudiments of this flywheel mechanic.

• Goal of the Topic Maker: To inspire higher trading volumes

• Trader's Goal: Buying Attention Through Fee Subsidies

This is an experiment on "whether attention is enough to give value". If something gets enough attention, does it go up in price? Vice versa?

works

• $LOUD tokens will be traded on the Solana chain through the liquidity pool of the liquidity platform Meteora, and each exchange will charge a fee and be denominated in SOL

• Users can earn "mind share" by posting content about

• Loud mindshare provided by Kaito AI The ranking mechanism will objectively quantify the contribution

Users

• can go to stayloud.io to view the leaderboard and register a wallet to claim rewards

• Once a week, the transaction fee (in SOL) will be distributed to the top 25 users in the leaderboard in proportion to the mindshare contribution

• 20% of the fee will be rewarded to $KAITO stakers, To drive the ecological flywheel and achieve the binding of interests

The

• flywheel mechanism will last forever without intervention Loud

is the purest symbiotic model for speculators to subsidize KOLs.

25 limit on the Top 25 ranking mechanism

? Because as mentioned earlier, every fee a trader pays is essentially to "buy attention". Setting a smaller reward pool can motivate participants to work harder to gain traction for token holders and traders. Even if you make it into the top 25, you won't be able to rest easy – the rewards will be distributed based solely on Mindshare's contribution percentage, and participants will have to continue to maximize their communication efficiency and impact.

Note: Loud is an experimental project, and the mechanics will be continuously optimized and adjusted based on community feedback, but always adhere to the principle of minimal intervention. It aims to conduct the first large-scale experiment with a "decentralized attention-value system".

What happens next?

$LOUD tokens will be launched soon, and the specific release time and distribution method will be announced in a subsequent announcement. Experiments are about to begin, powered by Holoworld AI.

This is an experimental project that belongs entirely to the community: no team reserved tokens, no hidden benefits, a completely fair start, and 100% transparency. How it will evolve next is entirely up to the community.