Many people never make a cent from what they know, even though information clearly has value. The problem is that information is infinitely copyable. The moment you share something good, the window to get paid closes and the downstream value flows to everyone but you.
Pieces is built on a dominant assurance contract (DAC), a two-sided mechanism:
1. Backers pool funds to unlock a piece of information they want.
2. If the goal is met, it unlocks and the creator gets paid.
3. If it isn't, backers are refunded plus a premium, just for pledging.
So backing has no downside: you either get the information you paid for, or you get paid for your attention. A piece can be anything, from independent research to a hot take.
Posting is free and takes seconds. Happy to answer questions about the whole flow.
johndebord•26m ago
Many people never make a cent from what they know, even though information clearly has value. The problem is that information is infinitely copyable. The moment you share something good, the window to get paid closes and the downstream value flows to everyone but you.
Pieces is built on a dominant assurance contract (DAC), a two-sided mechanism:
1. Backers pool funds to unlock a piece of information they want.
2. If the goal is met, it unlocks and the creator gets paid.
3. If it isn't, backers are refunded plus a premium, just for pledging.
So backing has no downside: you either get the information you paid for, or you get paid for your attention. A piece can be anything, from independent research to a hot take.
Posting is free and takes seconds. Happy to answer questions about the whole flow.