In keeping with the ethos of decentralized governance, an SNS-based DAO is controlling Nuance via a utility token.
DAO tokens are distributed as follows:
30% is allocated directly to the Aikin Development Team. These vest on a 25-month schedule. Upon launch, 1/25th is minted directly into Aikin’s wallet, with an additional 1/25th unlocking every month for the following 24 months. This provides security for future development and a remuneration pathway for the seed investors. It also ensures that Aikin has a voice in governance without giving them total control of the DAO.
30% is sold to the community as part of the SNS launch. This enables immediate participation in platform governance. These are distributed immediately upon completion of the SNS sale, giving the community vastly more control over the Nuance DAO than the Aikin development team.
The remaining 40% is distributed via faucet to reader accounts. Each reader account can have its balance topped up to 50 tokens on a weekly basis. These tokens are not fully featured—they are restricted. They can only be used to tip writers or purchase premium content. Once a writer is paid with a restricted token, the token can be freely transferred or used in governance.
The fee structure is governed by the community through the DAO, and changes may occur over time via successful proposals.
A Simple System for Supporting Writers and Controlling a DAO
Payments
Payments are split in several ways:
10% is taken as a development fee and placed in the Nuance DAO (more on this below). A proportion of the remaining 90% goes to the writer.
If the writer is publishing through a third-party property that takes advantage of our publication feature, the publication may take a fee in return for the promotion they provide.
NFT articles will have residual fees when traded on marketplaces.
NB: If the writer is publishing through their own handle and third-party property they receive 90%.
In summary:
Nuance enables readers to pay writers. A small fee is charged by the Nuance DAO to pay for research and development. The faucet system gives readers tokens to play with and creates an early economic base to support writers.
Nuance community have three goals which have guided the feature prioritisation to date:
Fairest paid content creators on the internet
Most trusted platform for long-form content
Best UX for both writers and readers
The roadmap will consist of the features that will help Nuance achieve these goals.
All community members are welcome to submit ideas make proposals, any team can get funding to build and ship a feature, and it's up to the community to decide which features are built and who builds them, ensuring a truly collaborative, democratic and decentralized development process.
Nuance backlog currently has the following potential features grouped by goal:
Premium Articles
Applause
Content moderation
Commenting
SEO
Scaling
Security
The world's first blogging platform built entirely on-chain, and for the new web.
This documentation provides easy access to all of the information you may need inside Nuance, from registration to article writing, social interactions to Limited Editions.
Nuance is the world's first publishing platform powered entirely by blockchain technology. Nuance offers writers the opportunity to govern the platform upon which they create content. Minimizing platform risk and empowering creators like never before.
By harnessing the power of blockchain, Nuance applies the benefits of Web 3 to a Medium-style content hosting platform. This includes anonymity, self-sovereignty, censorship resistance, community governance, and tokenization. Ensuring a decentralized and secure environment for writers and readers alike.
Much like DeFi has revolutionized banking, Nuance is reshaping the world of content creation by allowing writers to establish a direct financial relationship with their readers, eliminating middleman. At its core, Nuance operates on the Internet Computer Protocol (ICP) blockchain, ensuring tamper-proof security and placing the control of data back into the hands of its users.
Through community governance and ownership, Nuance minimizes platform risk, creating a space where the community is in control. This decentralized approach goes beyond traditional content creation platforms, providing writers with a direct avenue to share their ideas and perspectives globally, free from the constraints of established web 2 alternatives. In essence, Nuance is not just a platform; it's a community-driven movement that democratizes blogging and content creation, fostering a more diverse and inclusive online media landscape. Welcome to Nuance, where your voice matters, and the conversation never ends.
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