cross-posted from: lemmy.world/post/41384718
Previously, I made a post about Crowdbucks, but I just had a random (most likely stupid) follow-up thought.
What if the issue isn’t which currency to use — but the assumption that it needs to be “real” currency at all?
What if, instead of money, there was something like FediCoin / FediBucks / credits / points (name doesn’t matter), NOT crypto, and NOT blockchain — more like how platforms such as Wattpad operate?
Or like how carnivals and fairs work: You exchange real money at a booth, and in return you get tokens or fake currency that are only usable inside that ecosystem.
Some comparisons:
Wattpad coins
App “credits” or points
Forum reputation systems with unlocks
Arcade tokens
Fair/carnival tickets
In a Fediverse context, this could hypothetically be used for things like:
Supporting instance costs
Boosting posts or creators (opt-in), which could then potentially be exchanged for real currency (maybe, idk)
Unlocking cosmetic or convenience features
Community rewards instead of ads
Again, not crypto, not speculation, not “number go up.” More like an internal exchange or contribution system that stays inside the Fediverse.
So my questions are:
Is this fundamentally incompatible with Fediverse values, or just unexplored?
Would this be more acceptable than direct monetization or ads?
Could something like this remain optional and non-extractive?
Has anyone already experimented with something similar?
I don’t have the time, energy, or technical knowledge to build something like this — just curious whether this idea is interesting, terrible, or already solved.
Would love to hear thoughts from people more familiar with Fediverse economics and culture.
Steve@communick.news 1 day ago
I’m not sure what problem this is trying to solve exactly.
Why not just a simple subscription to your home instance/server?
What would people get from trading these tokins, can they cash them out?
Teknevra@lemmy.world 1 day ago
Yes they could.
It could potentially help Peertube creators, creators, etc.
It would allow them to make money, without having to use Crypto, etc.
Steve@communick.news 1 day ago
So if they have real cash value, how do you secure a distributed currency system without a blockchain? How do you stop the creation of fraudulent tokins?