How to Spend Shell Coins

This section provides insights into currency consumption within the Myshell ecosystem, offering a glimpse into our business model.

Recap of User Categories in the MyShell Platform

Currently, users of MyShell can be categorized into three main groups: explorers, creators, and collectors, with $SHELL facilitating value circulation among these groups. Currently, $SHELL is designed for, but not limited to, the following utilities:

  • Membership

  • Traffic

  • Patronage

Membership

MyShell's model provides both free and paid access. All explorers can enjoy core features freely. For those requiring greater AI capabilities, advanced tools, direct creator support or top leaderboard insights, optional memberships offer expanded access through subscription. This dual approach balances open participation with sustaining innovation, giving all users flexible options to deepen engagement according to their needs.

Traffic

MyShell features advertising middleware to determine optimal content placement across recommendation interfaces. These include information streams, ranked lists, and aggregator displays seen by users.

Creators may allocate $SHELL tokens to gain exposure for their works within such spots. Additionally, invested community members can propose using advertising funds to actively promote creative pieces of exceptional quality.

This dual advertising mechanism gives both creators and their supporters tools to help high-quality works ascend to more prominent recommendation positions. When coupled with the patronage system, it aims to efficiently connect outstanding innovations with aligned audiences.

Patronage

Through MyShell's patronage system, sophisticated collectors can participate in uplifting promising creators and share in later successes. By allocating $SHELL tokens to purchase patron badges, collectors serve as active investors evaluating creative works with breakout potential.

Investors additionally maintain flexibility, as they can later reclaim the $SHELL value of held shares - realizing gains or strategically reallocating portfolios.

Going forward, $SHELL may facilitate direct investment in creators themselves via personalized equity shares. Compared to individual works, these would require discerning earlier judgments of outstanding talents with staying power. The platform thereby aims to cultivate long-term patronage connecting visionary supporters with emerging innovators.

The Extension of Open Source Spirit

While creators and collectors realize works, the platform is likewise reliant on skilled AI developers. These practitioners generously share tools and capabilities central to realizing others' innovations.

Model Licensing

On MyShell, developers retain full sovereignty over their intellectual property. They can configure model access permissions and payment terms as appropriate. Options may include: per-use fees in $SHELL; volume discounts after a given invocation threshold; limited-time licensing for specific applications; or temporary free access periods.

This balance of compensation and open-handedness echoes open source movements that understand collaboration itself is a shared reward. Developers choose their preferred contribution levels, whether donations to the community or calibrated entrepreneurial choices. Overall the system aims to sustain continued technique progress accessible to all members.

Data Sharing

To further its goal of democratizing AI, MyShell enables community members to openly yet selectively share non-sensitive personal information. This pooled data assists training of generally beneficial models.

Developers needing such data compensate contributions via $SHELL payments. Access requires protocol-set amounts to sustain this resource.

Additionally, MyShell hosts a data marketplace where users and organizations can securely list proprietary data priced in $SHELL tokens. This facilitates matches between data holders and buyers seeking targeted datasets.

Together these elements cultivate a balanced system respecting privacy while enabling open innovation through structured but compensated availability of information - a key input driving advances across the platform. Proper governance ensures community resources are both shared and fairly stewarded.

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