Note: These formulas would plug into our financial & total value modeling.
User-inputted: how much time a user wants to spend in a certain mode in/on the platform, as well as off-platform (validated through mindfulAI monitoring and/or check-in prompt)
User-inputted: how much $ a user wants to make (and via which methods) on Cosmos vs. reality (validated through mindfulAI monitoring and/or check-in prompt)
User-inputted: Life/work/art balance—goals for how many hours do they want to put in within each domain (AI check)
User-inputted: Enoughness—how close are they to their definition of what enough would be in reality, defined in various forms of capital (esp. financial) (AI check)
- “Enough” is a pledge, e.g. $1K a month. We define for ourselves the target/threshhold, and transparently if we make beyond that personally, what happens next? Could we program in a formula of cascading “buckets” into which we want extra money to flow, automatically? Or would we have to manually decide? Or could we block any more income from flowing our way, by choice—or by platform default setting? [What happens when enoughness reached? Perhaps each member defines what they’d want to have happen with the “surplus”.]
Wage scale for workers (checked by member-users need for more services, co-op’s policies on wages, or co-op’s needs for “belt-tightening” re: capital expenditures)
- Factors to balance:
§ Skills/qualifications (and related market rate)
§ Member-defined “enoughness”
§ Member-defined goals/aspirations
§ Cosmos’ membership-defined funding resources for Proposed projects
§ Cosmos-defined specifications for work to be performed & metrics, i.e. deliverables.
- Factors to balance:
Users control portability and transparency of data (terms?)
Users can affect many algorithms affecting user experience (terms?)
Royalties and licensing for workers, sponsors/early investors, etc. who contribute to key features/structures (see Proposals mechanisms)
What does self-actualization look like, defined by each member? In respect to each dimension of capital?
What does self-actualization look like to Cosmos? Criteria for leveling up? Appropriate ratios to be “in balance” internally with its algorithms?
How to acknowledge founders’ inputs [esp. at the point of coin genesis, i.e. launch of LC]–(in terms of equity, C>, LC, or other?)
Some more formulas:
- [Number of members] x [Base Member Equity Monthly Fee] = [Goal Fundraising Amount for Stage 1]
- [% of commission Cosmos takes off the top of its members’ transactions (sales, gifts, etc.?) : excess earnings/profits.]
- [Exchange rate LC <-> $$] (possibly with early-adopter incentive whereby you can exchange 1$ for 1.1LC. In other words, have a multiplier factor to make it more valuable during promotions.)
- MindfulAI calibrated to suggest introductions or collaborations between people to ensure diverse mixing. E.g., people with different skill sets, backgrounds, cultures, archetypes (e.g. elders, radicals, griots, mavens, and so forth.)
- Attempting “right size” teams (4-7).
Some ratios we’d be concerned with:
- Dues conversion: ratio of retained capital for Cosmos and LC for member
- Rate of engagement on notifications “pushed” by Cosmos
- Rate of engagement on Cosmos-dev related proposals & campaigns (currently manifesting in Key Docs)
- Amounts to: Member governance/participation in matters of concern, e.g. bug mitigation, feature development, organizational dilemmas (board-type stuff), prioritization setting
- Patronage conversion: ratio of EQ to LC dripped to members for patronage
- X non-member users : Y members (and rate of conversion —> over time)
- X sustaining members : Y creative members
- Whether we are resourcing effectively enough worker members from creative members
- Member satisfaction ratings
- X user quantity, depth and breadth of interactions on or utilizations of Cosmos : time interval (one measure of success is witnessing whether members are meeting their goals plus intensification/diversification of their types of engagement with Cosmos)
- Volume of LC exchanged per member (# of transactions in a period)
- Amount of LC exchanged per member (amount LC given/received) on average
- (Cosmos would budget for how long on average we think it will or should take for the new member to be “on their own” in the system, and allot that $ to fund community guide roles. See also: Business Model, Customer Relationships.)