Tipestry

Tipestry Project

Tipestry is a blockchain-based social network project. Tipestry aims to integrate user tips, allowing anyone to get money to post good content. It is also the first platform in history to allow universal website cryptocurrency donations, allowing people to support content creators without dealing with banks or credit cards, handing out personal information, or paying high fees. Tipestry adds a meta layer to the Internet that allows users to interact and get cryptocurrency anywhere online.

There are three related problems that Tipestry wants to deal with with this project:

• First is that the business model that applies to social media platforms is to sell their users’ personal information to third parties, usually without users understanding what they provide in terms of privacy and security.
• Second is the difficulty for content creators to get financial benefits from their work, which is partly responsible for the overall decline in journalistic standards and the proliferation of clickbait content.
• Third is the trend for large companies to push the agenda – both commercial and political – by censoring or completely deactivating user feedback on their sites.

Tipestry.com is a platform where people can post comments about other websites and tip their favorite comments with cryptocurrency. And Tipestry Go is a mobile application for iOS and Android that allows users to leave comments on any physical location. Comments can be placed in the user’s current physical location or by selecting a place on the map. Comments can be viewed through a map view, through a list of nearby posts in the selected range, in the section that shows posts popular around the world, or in Augmented Reality. Digital coins are also hidden throughout the world and can be collected through the application.

> Why cryptocurrency?

Cryptocurrency is a digital or virtual currency that uses cryptography for security. Cryptocurrency is difficult to fake because of this security feature. The decisive feature of cryptocurrency, and arguably the most charming allure, is its organic nature; it is not issued by the central authority, making it theoretically immune from interference or manipulation of the government.

Cryptocurrency makes it easy to transfer funds between two parties in a transaction; this transfer is facilitated through the use of public and private keys for security purposes. These funds transfers are carried out with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.

The anonymous nature of cryptocurrency transactions makes it very suitable for a number of nefarious activities, such as money laundering and tax evasion. However, cryptocurrency advocates often highly value anonymity. Cryptocurrency is also considered by some economists as a short-term trend or speculative bubble – especially concerning that currency units, such as Bitcoin, are not rooted in any material goods. Bitcoin has indeed experienced some rapid spikes and collapsing values.

> Tipestry: Anywhere Comments

Seeing the potential of cryptocurrency makes Tipestry come up with an idea where this platform will make people able to comment and tip anywhere using cryptocurrency as payment payments. Although some sites display comment sections or message boards, most do not. One of the objectives of this project is to provide more space for people to interact and provide feedback online, including more obscure (or censored) web angles.

What are the use cases?

Find out what people say about a particular website. 
Discuss the site where the comment section was deleted. 
Discuss topics where there is no clear place to do it. 
Discuss a very specific topic. 
Find and share information about new product releases.

> Tipcoin (TIPC) and Tipestry Token (TIP)

The Tipestry Token (TIP) will be used to purchase a Tipestry Premium account and will give the owner the right to share cryptocurrency dividends obtained on the platform in the future. 
Tipestry Tokens will be sold at our token sale to help cover the costs of growth and platform upgrading. 
TIPC and TIP are both ERC-20 tokens.

BACKGROUND

User Content

90% of all data that has been created was made in the past two years, largely because of Web 2.0 and the popularity of special content platforms. However, despite having general advantages, problems with this network continue to grow. First, the value created by investors is almost completely captured by corporate monopolies, and not by people who make content. Another thing is that these companies abuse power over their platforms, violate the confidentiality of their users and act as gatekeepers for what speeches are permitted, prohibited or users of platforms and censored (or promoted) content for political or commercial reasons.

Cost distribution

People who make content and data that controls the Internet rarely receive compensation for the value they make. From the main social media platforms, only YouTube offers revenue sharing: 55% of advertising revenue is used for quality downloads (many of them are the biggest companies with their own rights), and 45% go to YouTube. However, YouTube becomes more stringent about the type of content that can be monetized on the platform. He recently ruled out downloaders without at least 1000 subscribers and 4000 hours of annual viewing. In addition, in an effort to reduce monetization of offensive content, he announced that he would use more than 10,000 contractors to help the police whose videos would be released from revenue sharing. The result of this change is to reduce the number of ordinary people who can make money by creating content for platforms. Instead of sharing revenue, some sites allow users to spend money on gifts for other users. Reddit offers an opportunity to “give gold”, but all $ 3.99 (gold value) falls to Reddit. Instead of paying gold recipients, certain symbolic benefits are provided, such as special themes and avatars.Censored

Apart from the fact that YouTube uses its control of monetization to influence content, many popular sites explicitly prohibit or censor users, which, according to critics, are inconsistent and blurry. In a recent congressional hearing, several congressmen criticized Facebook for censorship being politically motivated. Twitter received similar criticism, for example, according to the chairman of the Federal Communications Commission, “When it comes to opening the Internet, Twitter is part of the problem. Companies have a point of view and use it to discriminate. “This criticism was then used as part of the reason for removing net neutrality.

TIPESTRI PLATFORM

The Tipestry project began in 2014. The main goal is to make Bitcoin tips easier and allow users to comment on any website. The first iteration was a browser add-on, which entered alpha testing in 2015, and the second was a mobile application that entered testing in 2016. Based on initial feedback, both versions were canceled due to the adoption of the current web version of Tipestry.com, which entered testing alpha in 2017. The accompanying Tipestry Go application was developed and put into testing in 2017 and released on the Apple Store in early 2018. Tipestry.com users can comment on any site, while Tipestry Go allows users to comment on any physical location .Tippening, a site for voters to help shape the policy platform and select or delete moderators, scheduled to be released as early as 2019. Add-ons for browsers and browser applications, which originally launched the project, are scheduled to resume at the end of 2019. Tipestry.com also allows users to tip each other and donate cryptocurrency to website owners. The purpose of this tip is to allow users to get prizes for the value they make. This not only provides incentives to post good content, but it is also fairer than traditional models, where only platform owners benefit from content created by users. Social media is as valuable as what users do, so these users must benefit from their contributions.The aim of site donations is to provide practical and practical ways to support content creators, to facilitate making money without using click clicks or invasive advertisements. One of the advantages of this system compared to the solution is that donors do not need to deal with credit cards, which maintain confidentiality and allow you to donate only two buttons after their account is refilled with cryptocurrency. Convenience and lack of fees for credit cards also make the provision of any amount, even a penny, opening up new opportunities for micro-giving that were never possible before the discovery of Bitcoin and other cryptocurrency.

Another important advantage of this system is that donor sites don’t have to know what Tipestry or cryptocurrency is. Every site on the Internet can receive donations through Tipestry without initial setup, and the site owner can request it later (within one year; after that it is added to the Tipestry token distribution collection).

TIPCOIN AND TIPESTRY TOKEN

Two tokens will be used to maintain the ecosystem, Tipestry – Tipcoin (TIPC) and Tipestry tokens (TIP). Both are made using standard Ethereum ERC-20. In the future, it is possible to replace TIP standards from tokens with ERC-888, if this format is more effective for dividend payments. Tipcoins ownership partly defines voting rights for policy and moderation of Tipestry content. Initially it will be issued as part of the airdrop and gift campaign, and then as a gift from time to time for active Tipestry users and moderators. Tokens will never be sold for money for two reasons. First, their sales actually mean the sale of the right to vote, which will conflict with the purpose of this project. Second, this can legally make them safe and, therefore, limit our ability to distribute it in the United States. 1,000,000,000 Tipcoin was created to reward hunters, posters and Tipestry moderators.Distribution of50% of Tipestry tokens will be sold during the sale of tokens. 35% will be stored in the company and 15% will be sold to investors and submitted to the founder. Token sales will have a Soft Cap of $ 1,000,000 USD and a Hard Cap of $ 20,000,000 USD.

Tipcoin (TIPC) and Tipestry Token (TIP)

Tipestry Tokens (TIP) will be used to purchase a Tipestry Premium account and will give the right owner to obtain dividend cryptocurrency obtained on future platforms. 
Tipestry Tokens will be sold in our sales tokens to help cover the costs of growth and platform upgrading. 
TIPC and TIP are both ERC-20 tokens.

Project team

Useful Links:

ICO Site:   https://tokensale.tipestry.com/
Website:   http://www.tipestry.com/
Whitepaper:   https://tokensale.tipestry.com/Tipestry-White-Paper.pdf
ANN Thread:   https: / /bitcointalk.org/index.php?topic=4978851.0
Bounty Thread:   https://bitcointalk.org/index.php?topic=4978855.0
Facebook:   https://www.facebook.com/tipestry
Twitter:   https: // twitter .com / tipestry
Telegram:   https://t.me/tipestry

by ;ahjushi
link: https://bitcointalk.org/index.php?action=profile;u=2579936
Ethereum address: 0xd5f1B76848DF419FC0D136d87dc8Ed9AfD1D73a6