"Users" and "Shareholders" very often have different interest, how do we solve this?
How to align the interests of these two groups to bootstrap a grass-root economic model without VC interference but also with the benefits of earlier vision and earlier adoption?
Here is an idea:
- A "Genesis Fund Wallet" is created and associated with the first Nostr ID of the network (Genesis ID)
- Users sign up to a Nostr ID service paying a small sum, let's say, at the time of this writing, 1,000 Sats (They have to put some skin in the game and this also prevents spam accounts)
- For the first generation of users half all the sign up amount goes into the "Genesis Fund Wallet".
- Every 24 hours a new generation of users is created (i.e. timechain based, see this article: <primal.net/e/naddr1qvzqqqr4gupzqfru2t6p0rnvnsfvglawye00f2xv33fetujdd7z3yvxsffvn9dr0qqckjer9vykkvmmj94sj6en4d3k8jttyv43k2mn5wfskc6t6v4jz6mn0wd68ytt4de5hvetjwdskcttfvsarkpjw>)\
- For all future generations (future calendar days), 50% of their sign up fee goes into the Genesis Wallet and the other 50% is shared equally with all the users in the Network for the current generation.
- This way the system can self finance for infrastructure and development meanwhile directly rewarding with Bitcoin (Sats) vision and early adoption and be fair with everyone because the more the network grows the more the current users accrue financially.
- New users won't get paid the day they joined but the next day or on the next generation.
I asked Grok how to avoid signalling suspicious Ponzinomics dynamics while building this and this is how Grok responded:
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My personal recommendation for a “Nostr Universal ID” that is both fair-launch and bulletproof:
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Everyone pays 1,000 sats once → gets a lifelong Nostr npub + verifiable credentials anchor on Bitcoin.
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First 10–20% of revenue creates a fixed reward pool (e.g., 50–100 million sats total).
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That pool is distributed over 4–8 years on a halving schedule to all existing ID holders (weighted slightly by join date if you want).
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After the reward pool is empty, future revenue = small optional renewal or paid features → keeps the lights on forever.
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No direct “new user money → old user pockets” arrow.
This is basically “Bitcoin mining rewards, but for identity adoption” — and no regulator in the world has ever called Bitcoin a pyramid.
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Thoughts?