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backus's profile
John Backus
John Backus
John Backus
@backus

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John Backus

@backus

Seeking alternative compression. Hopefully wrong on average. Shameless. Started @getcognito and @bloom

San Francisco, CA
Joined August 2012

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    1. John Backus‏ @backus Sep 27

      Finally read the @AudiusProject white paper. Decentralized Soundcloud w/ fine grained support for artist attribution, content ownership management, and monetization. Tokenized rev sharing, decentralized storage, and DAO governance. Fun stuff 😎http://audius.co 

      3 replies 10 retweets 48 likes
      Show this thread
    2. Eli Krenzke‏ @eKRENZKE Sep 27
      Replying to @backus @AudiusProject

      From there whitepaper: "This structure poses an interesting question: why create the new tokens for Audius and Loud? Other cryptoassets already exist that can serve some of the functions of our tokens."

      1 reply 0 retweets 0 likes
    3. Eli Krenzke‏ @eKRENZKE Sep 27
      Replying to @eKRENZKE @backus @AudiusProject

      Not only has the dual token model been used before with products like @Spankchain and other projects with mixed success, their whole valuation thesis requires user and creator adoption. They're going after Spotify, Apple Music, Soundcloud, and so many others.

      2 replies 0 retweets 4 likes
    4. Eli Krenzke‏ @eKRENZKE Sep 27
      Replying to @eKRENZKE @backus and

      One of the main reasons why the @Spankchain model works so well is that camsites typically have their own shitcoin ecosystem. Their value proposition is revenue share -- why create a token? Congratulations to @AudiusProject for managing to create not one, but TWO shitcoins!

      1 reply 0 retweets 1 like
    5. John Backus‏ @backus Sep 27
      Replying to @eKRENZKE @AudiusProject @SpankChain

      Anyone can criticize people trying something new. The value is in spotting potential. Your first two replies were fine, but I don't appreciate the third. Can you please either keep it positive or constructive when responding to my tweets or just not respond?

      1 reply 1 retweet 1 like
    6. Eli Krenzke‏ @eKRENZKE Sep 27
      Replying to @backus @AudiusProject @SpankChain

      It's nothing new. You don't have to appreciate it. Feigned positivity won't save a product from being shit.

      1 reply 0 retweets 1 like
      John Backus‏ @backus Sep 27
      Replying to @eKRENZKE @AudiusProject @SpankChain

      Toxic and blocked

      9:29 PM - 27 Sep 2018
      • 1 Retweet
      • 1 Like
      • missingno. Joe The Rigolo
      0 replies 1 retweet 1 like

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