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26 Dec 2023
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Fair monetization, for everyone

Readme is a decentralized encyclopedia, a Web3 SocialFi project that offers fair incentives for high-quality content. It addresses fair monetization and incentivizes decentralized moderation, rewarding authors and readers for their valuable contributions.

Built for everyone passionate about writing high-quality content

Prioritizes quality over influence, enabling creators without a wide social media audience to earn for their content.

Aims to become a leading Web3 academy, aggregating comprehensive academy, aggregating comprehensive knowledge about all aspects of crypto.

Promotes fair rewards distribution: Users earn for article views post-moderation and ad placements.

Community-owned: $READ holders own and govern the Readme platform.

Roadmap

Foundation and Core Development

Q1 2024

Platform Architecture Design Basic User Interface (UI) and User Experience (UX) Design Smart Contract Development $READ fair launch

Content Management, Moderation Features, Basic Incentives Mechanism

Q2-Q3 2024

Content Publishing Tools Karma Points System Sandbox Environment Plagiarism Checker Integration Payouts System Development Early beta release

Improving The Rewards Mechanism

Q4

2024

Ad Management System

Analytics Dashboard

Public beta release

Advanced Features

Q1 2025

Al Content Assistant Integration

Premium Features Development

Launching a DAO

Public alpha release

Expansion and Diversification

Q2-Q3

2025

Broadening Content Categories

Multi-Language Support

Mobile Application Development

Continuous Improvement and Scaling

Q4 2025 and beyond

Performance Optimization

Community-Driven Features Implementation

Partnerships and Integrations

Decentralized Infrastructure Transition

Sustainable Monetization Models


$READ

token: Balanced economy

Supply mechanics

Supply mechanics

Rewards for article reads and link clicks are accrued in the platform's native token, $READ, while the rewards for ad placements are paid in stablecoins.

As the platform grows and ad revenue increases, the $READ incentives emission slows down.

Demand mechanics

Authors need to pay $READ to publish articles.

This mechanic ensures that creators contribute only high-quality, valuable content to the platform.

Moderators can buy extra Karma points.

Initially, users receive 20 Karma points to vote on articles they deem useful and of high quality.

Each time they vote, they spend 1 Karma point and if the article gets published in the Main section of the platform, they receive 2 points.

They can buy extra points if they want.

Authors spend $READ to get Premium.

Premium opens additional features to Authors and increases the visibility of their content in the Sandbox. They also open extra ads slots to the Authors thus increasing their stablecoin revenue from ads.

Staking as a revenue-sharing model.

All users can stake $READ to receive a 50% share of ad placement yields generated by the platform.

BULB: The Future of Social Media in Web3

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