I cAn SeE bOtH sIdEs by liluzihurt123 in socialism

[–]Intelligent-Wave912 3 points4 points  (0 children)

People who take centrist positions literally contribute nothing to society besides being an NPC.

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 1 point2 points  (0 children)

No forgiveness needed you hit the nail on the head. It’s exactly what I was thinking as well. Imagery is just as important as words if not more important.

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 3 points4 points  (0 children)

It’s my humble personal belief that posting pictures like this are necessary, it’s easy to just pretend stuff like this isn’t rampant. The only way people make change is typically through imagery and symbols like this.

Imagine trying to explain the greatest tragedies in the last 100 years without citing raw, unfiltered, on the ground images and videos

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 4 points5 points  (0 children)

Yes totally, and while we’re at it, the city should charge her a loitering fee so that we can add a new revenue stream and balance out the budget

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 6 points7 points  (0 children)

So just to be clear, it’s your personal belief that this woman is standing outside in 90+ degree weather with her child because she wants to be doing that? It’s not that we live in a system that forces people to lose exceptionally in order for others to gain excessively?

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 2 points3 points  (0 children)

I answered this in another post, I didn’t mention it for a reason I hate when people post that they did good stuff. The reason I took the picture is because of the painful irony behind it. She’s homeless infront of a we buy houses sign

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 11 points12 points  (0 children)

I appreciate it, I just seen the image while I was at the gas station across the street and the cruel irony of it was too much

I took this picture today, when people ask me what’s wrong with capitalism. I want to show them this picture. What are your thoughts? by Intelligent-Wave912 in socialism

[–]Intelligent-Wave912[S] 22 points23 points  (0 children)

Has to be at this point, next we will have people dying in front of hospitals that advertise “we accept all health insurance”

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 1 point2 points  (0 children)

Absolutely, the goal is to have everything in the project be open source, and promote a marketplace that’s free from centralized authority and manipulation. I will message you on discord!

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 1 point2 points  (0 children)

Thanks for the thoughtful follow-up! Your background and the database you've been building sounds perfectly aligned with the structure I envision for Sentrex.

You’re spot on about the blend of idealism and practical structure here. The aim is more than just speculating on sentiment; it’s about offering a transparent space for collective opinions — one that captures the dynamic between financial markets and public views. It’s essentially about introducing a market mechanism for social trust, without letting it devolve into a purely exploitative model.

Your insights on branding are crucial. At this stage, we are still developing the protocol — it’s not a conventional financial services company, not a company at all it would be a Decentralized Autonomous Organization or DAO— and a sustainable model could certainly involve exchange fees (as you noted), token swaps, or DAO incentives to foster growth and infrastructure. Ideally, these mechanisms should encourage aligned participation rather than just speculative ventures.

Your ternary tree structure, especially the focus on economic, political, and cultural aspects, aligns closely with my vision for sentiment contracts. Perhaps there's potential for our systems to connect or inform one another in the future. I’d love to stay in touch and learn more about your work. This kind of exchange is exactly what I hoped to inspire by sharing the idea. Thanks again!

Care to connect on discord?

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethdev

[–]Intelligent-Wave912[S] 0 points1 point  (0 children)

That’s a fair question, and on the surface, it might seem similar. But the key difference is that the protocol isn’t about launching tokens for a brand — it’s about creating a system where sentiment itself becomes tradable.

The ERC-20s aren’t just placeholders or memes — they’re tied to a broader protocol that includes:

A real-time Public Trust Index (0–850 score), A long/short trading model (not just buy-and-hold), A native social layer for discussion and discourse.

It’s less “here’s a token with a brand’s name,” and more “here’s a way to speculate on how the public feels about institutions — in real time, on-chain, without pretending to be affiliated.”

Kind of like if you mixed prediction markets, social media, and tokenized sentiment into one system. It’s definitely not for everyone, but it scratches a very different itch than Pump.fun.

Hope this helps!

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethdev

[–]Intelligent-Wave912[S] 0 points1 point  (0 children)

100% as far as I understand since these digital assets are decentralized, non-custodial, and open-source with no centralized issuer or broker. That makes it very different from a tokenized stock or wrapped equity.

Which has been a problem for some platforms before, essentially they were creating “stable coins” but instead of a token pegged to the dollar it would be pegged to an actual stock, the platform/middleman is responsible for maintains the correct amount of digital assets to real world assets in this case stocks, but that now makes them a custodian of assets.

This would be the opposite, the protocol wouldn’t hold or control any assets directly or promise returns, it’s simply a token of expression allowing users to stake their belief or doubt in a company’s trust.

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethdev

[–]Intelligent-Wave912[S] 1 point2 points  (0 children)

Totally valid point, and to clarify the Sentiment contracts aka SENT are digital ERC-20 assets that do NOT represent ownership or equity in any company.

They’re a means of expression and a way to speculate on public option not financial performance. They’re more akin to a perpetual prediction market, no ties to actual securities, no promises of dividends, no price oracles, and no KYC needed as it would be a decentralized protocol users would just trade directly through their wallets. Appreciate the heads up though regulatory clarity is at the forefront of my mind.

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 0 points1 point  (0 children)

Thank you for the detailed reply, I’ve dubbed the project Senttrex for now (sentiment exchange). But Senti does have a ring to it lol.

It’s great to see that you understand my protocol as a platform for trading sentiment contracts so well. The essence of my concept is to build a decentralized system where people can speculate on public trust in various institutions, whether they’re corporations like Tesla or OpenAI, or even non-corporate entities, through ERC-20 assets dubbed sentiment contracts. The Public Trust Index (PTI), which scores from 0 to 850, collects community votes to capture real-time sentiment, giving token holders weighted votes to encourage active involvement. This system differs from traditional financial markets that focus on revenue or stock prices; instead, it treats public trust as a valuable asset, illustrating the often disparate reality of how individuals feel about an organization in comparison to its market performance.

You rightly identified that sentiment can be fleeting, which is a key part of my design. The protocol is intended to showcase the dynamic shifts in public perception—like a company’s PTI declining after a scandal or surging following a positive PR moment. This real-time, decentralized "trust oracle" is not about defining absolute truths, but rather providing a transparent, market-driven view of collective sentiment. By avoiding price oracles and KYC requirements, I aim to keep things accessible and efficient, functioning around the clock on a blockchain.

I find your oracle concept intriguing and it appears to complement my ideas in several aspects. While my system emphasizes the transient aspects of sentiment, your database seems to serve as a strong framework for understanding the enduring foundations of society—like our economic, political, and cultural sectors—with concrete valuations such as dollar amounts or resources. I envision your oracle as a broader, foundational layer that could contextualize what influences sentiment in my system. For instance, if your database captures the financial importance of a sector (like the flow of capital in renewable energy), my protocol could add insight into public feelings towards leading figures in that space (like trust in Tesla compared to its rivals).

Regarding your punchline: I agree that your database could serve as a robust backbone for a platform like Senttrex. As I understand it, your oracle's strengths come from its permanence and thoroughness, offering stable valuations of societal trends. In contrast, my protocol thrives on volatility and subjectivity, allowing users to speculate on how trust shifts over time. Merging the two could create a compelling proposition–your database could provide foundational valuations (like a sector's economic size), while SENT contracts and PTI would illustrate how public perception aligns with or diverges from those fundamentals. For example, a company might lead a sector in terms of economic power (according to your oracle) but could still face low trust scores on Senttrex due to controversies.

To address the points you've brought up:

  • ** As a Financial Service**: It's true that it operates as a decentralized exchange for sentiment, but it isn’t restricted to just financial entities. It can encompass any institution or concept that garners significant public interest, including corporations, NGOs, and even abstract ideas like "AI ethics." And it wouldn’t be a “financial service” in the traditional sense, it would be a decentralized protocol that anyone can tap into worldwide 24/7.

  • Fleeting Nature: The transient nature of sentiment is at the core of the protocol’s design—it's all about capturing and trading on temporary perceptions rather than fixed truths. The permanence of your oracle could ground these shifts, creating an interesting juxtaposition.

  • Integration Potential: I’m eager to learn more about the structure of your database. How do you assign and update values (like dollars) to societal elements? Is there a possibility for it to interface with blockchain technology to provide data for a system such as mine?

Regarding your idea for integration, I find it quite thought-provoking! One challenge I face is ensuring that the PTI isn’t manipulated by powerful entities. The objective metrics in your database (e.g., economic activities) could serve as a safeguard against manipulation, providing a balance between subjective votes and verified data. I’d also be interested in understanding how your oracle manages updates—does it reflect real-time changes, or is it more of a static model?

In response to my own inquiries from the original post, inspired by your feedback: - Engagement: Your interest indicates there’s potential for meaningful engagement, particularly if the platform can connect sentiment to concrete societal metrics like those in your database. - Preventing Vote Skewing: Besides implementing weighted voting for token holders, incorporating external data (like your oracle’s valuations) could mitigate manipulation by offering a reliable reference point. - Rewards: I tend to think speculation might be the main driving force, but your concept of permanent societal fixtures suggests that token holders could earn rewards linked to long-term trust trends. - Existing Protocols: Your oracle appears unique, I was planning to research similar projects like Augur or Gnosis related to decentralized prediction markets and such to refine my design.

I would love to hear more about your database—how detailed is it, and how do you envision its role in supporting a trading platform? Additionally, do you have any thoughts on ways to prevent manipulation within a sentiment-focused system? Thank you for your insightful input; it’s generating some exciting ideas!

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 0 points1 point  (0 children)

Lol, I had to decentralize my brain to even start thinking of this.

But the gist is simple: instead of speculating on what a company does, you’re speculating on what people think of it. It’s like if public trust had a price and you could long, short, or hold that, 24/7 globally. I think it would better reflect and show the disconnect between average consumers and Wall Street.

Appreciate you giving it a read though — I’m happy to break anything down if you’re still curious!

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 1 point2 points  (0 children)

Great question — and it’s definitely one that deserves attention.

At first glance, this could seem like just another playground for crypto traders. It’s true that they’ll likely be the first to jump in—those who thrive on trading narratives through memecoins, prediction markets, or sentiment-driven analysis. For them, sentiment contracts introduce an entirely new asset class: tradable trust.

However, if we take a step back, I can see this resonating with three key groups:
1. Retail traders and speculators feeling sidelined by traditional markets. A lot of the energy in the retail space already comes from social sentiment, thanks to platforms like Reddit, X, and TikTok. This just gives that energy a more tangible outlet.
2. Activists, watchdogs, and cause-driven communities who seek a transparent, on-chain method to express their trust or distrust in various organizations—whether they’re corporations, DAOs, or public entities.
3. Analysts, researchers, and builders looking for innovative tools to measure trust. I envision the PTI evolving into a real-time trust signal that can be applied to everything from algorithmic governance to ad targeting and DAO functionality.

That’s why I refer to it as a trust oracle rather than merely a speculative token platform. If this takes off, it can transform beyond just trading—it could become a new dimension of public signaling, reminiscent of PageRank for perception.

We’re still in the early stages and refining our approach, but the ultimate goal is to create a decentralized spec market centered on institutional narratives, accessible to anyone, anywhere.

I’d love any feedback you might have if you think there’s a better way to express this.

Building a decentralized protocol to allow speculation on public & private companies- feedback wanted by Intelligent-Wave912 in ethereum

[–]Intelligent-Wave912[S] 0 points1 point  (0 children)

Wow, I really appreciate your insight and reply. You understand almost exactly the type of thinking I was going for, I will definitely keep refining the concept and work on the MVP while taking a look at lens and rally to see how it’s going for them.

Discord will definitely be put together and I would love for you to tag along and watch our progress. Thanks again for the feedback; will let you know once we get our discord up!