The Joystream Manifesto
Manifesto sets out both the issues we imagine are associated with
digital media platforms of their current kind as well as our proposed
solution to these issues.
believe that artwork, be it as literature, music, film, games or
efficiency, is a critical device through which societies establish a
shared understanding of what’s common knowledge among all members.
These expressions define values and narratives that end up shaping
culture, religion and even public policy. It due to this fact matters deeply
how it is financed, distributed and paid for.
Digital media has become the first medium through which such expression is
distributed, and digital media platforms have turn out to be the key
establishments organizing this activity.
due to community effects, economies of scale, laws and political
pursuits, we’re at present left with handful of large establishments
which set the terms for the way this occurs. They are nearly completely
unaccountable to normal market and political mechanisms.
a outcome, our stories, expressions and interactions are managed and
filtered on their terms. This continues to generate an ever altering
set of issues, be it
monetization, censorship of controversial speech, inequitable sharing
of positive aspects with creators and audience, low platform innovation or lack
of credibility with third celebration builders.
call for an association where media platforms are accountable to the
folks they impression, which are primarily their users, be it as
consumers, creatives, third get together developer or workers.
is the absence of such accountability which is the fundamental source
of any specific problem at any particular time.
core thesis is that there are two primary challenges which have to be
addressed to attain this objective, and that an applicable application
of latest distributed systems expertise, together with
blockchains, good contracts and tokens, is the best means to do so.
is the question of how to create an alternate from scratch within the
face of platform externalities which make any new platform nearly
useless, regardless of any of its inherent traits. The
strategy of doing this type of bootstrapping has traditionally been
mostly an artwork, where success has hardly ever been reproducible.
imagine that blockchain tokens, earned by and issued to early
individuals, have been shown to be extraordinarily efficient at
mobilizing, integrating and motivating a global and dynamic
has now repeatedly allowed nascent communities, just like the Bitcoin
community, to overcome the initial community effect hurdle. There isn’t any
certainty that this will be sufficient, but we believe this mechanism
is as promising as anything which is prone to have a chance in a
is the question of the way to create and maintain accountability in such a
platform when it really reaches scale.
understand there to be two fundamental ways in which participants can
maintain institutions of any sort accountable: Voice and exit, within the
tradition of Hirschman A. O.
is the method of making an attempt to enhance or reform the functioning of
an establishment from inside. The effectiveness of this depends on some
capability to each share dependable data with other members, and
have some impact on inside governance processes. Current media
platforms provide users no effective method of doing either.
consider that blockchains present an organizational and economic
infrastructure which might handle both issues. The public,
verifiable and immutable history of financial and administrative
information, supplies a superb basis for customers to grasp the
present and past state of the platform. This allows anyone to make
incontestable claims about relevant details and circumstances.
blockchain tokens allow us to make use and management of a platform
inseparable, giving users an automated seat at the table in
deliberating over platform stage decisions.
that is required to determine, train or switch the capability to
participate in such activity, is the power to signal messages with
identifiable cryptographic keys. Perfectly reliable contracting offers
a big, dynamic and unrestricted set of customers the technique of governing
the platform. This can serve a wide range of purposes, such as
undertaking projects, regulating participation in several formally
specified roles, and even updating the institutional rules themselves.
This integration of reliable contracting into the financial rails
offers an organizational infrastructure much more consistent with our
objectives of inclusive management than the normal jurisdictional trust
primarily based infrastructure.
is the approach of completely ending participation in an establishment in
favor of either joining or creating an alternate. The effectiveness
of this is determined by prices of leaving, and either joining or creating
another, all being low in comparison with the deprivation within the
existing institution. This is presently not the case.
building platforms based on free open supply https://www.joystream.org/ software, open
protocols and open knowledge — as is the case with Blockchain
systems, one dramatically lowers these costs. Since customers control
their very own knowledge, identification and assets, they have a a lot easier time
joining new platforms, and even taking their peers with them.
protocols and knowledge will make multi homing interfaces ample, the place
users might not even need to switch, but instead use a number of platforms
concurrently, which inspires platform degree competitors.
more dramatically, reliance on open supply means that all of the
software capital of a platform can easily be reused, and for the reason that
entire organizational state can also be public, whole ecosystems may be
forked to create new alternative platforms with modified insurance policies and