Loud: An Experiment on the Relationship Between Attention and Value

Loud is an innovative experiment exploring the relationship between attention and value. The $LOUD token itself does not have intrinsic value, but the transaction fees generated with each trade will serve as a marketing budget, awarded weekly to the top 25 users who can maximize Loud's influence. The reward distribution is based on influence data from a certain AI platform, which is considered one of the most efficient incentive mechanisms currently.

This experiment is not an academic study on the attention mechanism in neural networks, but rather a practical exploration of the pure attention market. The experiment will continue without human intervention.

Experimental Background

The Web3 space often discusses the attention economy, and a certain artificial intelligence platform has built a system that allows everyone to participate in attention trading, accelerating the development of the entire industry. In this process, it created a reward mechanism based on "influence", which is considered one of the best proof-of-work incentive mechanisms. This Web3 primitive enables projects to achieve the maximum output with the minimum input: creating a reward pool for those willing to work to compete.

On the other hand, the successful practices of a certain Web3 launch platform have inspired a long-term interest binding model between creators and speculators. By means of trading volume and fees, it provides continuous motivation for creators to produce. In fact, the project's attention largely depends on the output and maintenance of creators, making them the key driving force in maintaining attention.

What kind of results would we get if we could combine the advantages of these two models to create a new incentive mechanism that aligns all participants towards the goal of "maximizing influence"?

The Essence of Loud

Loud is an experiment that distills the purest form of crypto primitives, eliminating intermediate product forms. It reinterprets the concept of "3,3 game theory."

"3,3 game theory" originates from cooperative thinking in game theory, expressing the idea that participants can achieve a win-win situation through collaboration. It is an optimized version of the prisoner's dilemma, combining the token economic model of Web3 to convey the concept of "winning together" to the community.

In the game matrix, "3" represents actions that have a positive effect on both the protocol and the participants, while "-3" represents harmful actions. Therefore:

• (3,3): Both parties support the agreement, the agreement grows, and both gain maximum benefits.
• (-3,-3): Both parties chose to withdraw, leading to the collapse of the agreement and a mutual loss.
• (3,-1): One side supports while the other exits, resulting in a situation of unilateral profit.

Experimental Mechanism

Loud combines the best "Attention Proof of Work" model with a mechanism for creators to receive long-term revenue sharing from transaction fees. This design aims to explore what results might come from providing ongoing rewards to those who spread specific topics.

This design creates the purest "3,3" game: a direct connection between speculators and opinion leaders, without the need for intermediary products. It forms a sustainable attention engine subsidized by speculators and driven by opinion leaders.

The fees paid by traders go directly into the prize pool, which is divided among the "topic creators" ranked at the top of the attention leaderboard, incentivizing them to continue generating greater reach and trading volume. This creates a self-reinforcing cycle mechanism:

• The goal of topic creators: to stimulate higher trading volume
• Trader's goal: to purchase attention through fee subsidies

This experiment essentially explores "Is attention enough to confer value?" If something receives enough attention, will its price subsequently rise? Conversely, does the opposite also hold true?

Operational Details

• The $LOUD token will be traded on a certain public blockchain through the liquidity pool of a decentralized trading platform, with a fee charged for each exchange.
• Users can gain "influence" by posting content about Loud.
• The influence ranking mechanism provided by a certain artificial intelligence platform will objectively quantify contributions.
• Users can view the leaderboard on the official website and register their wallets to receive rewards.
• Once a week, trading fees will be distributed to the top 25 users on the leaderboard based on their contribution to influence.
• 20% of the transaction fees will be rewarded to the stakers of a certain token to promote the ecological flywheel and achieve interest binding.
• This mechanism will continue permanently without human intervention.

Loud represents the purest symbiotic model of speculators subsidizing opinion leaders.

About the Ranking Mechanism

The reason for setting a limit on the top 25 is that every fee paid by traders is essentially to "buy attention." A smaller reward pool can incentivize participants to work harder to gain volume for token holders and traders. Even making it into the top 25 requires continuous effort---the distribution of rewards is entirely based on the proportion of influence contribution, and participants must constantly maximize their dissemination efficiency and influence.

It is worth noting that Loud is an experimental project whose mechanisms will be continuously optimized and adjusted based on community feedback, while always adhering to the principle of minimal intervention. It aims to conduct the first large-scale experiment of a "decentralized attention-value system."

Project Outlook

The $LOUD token is about to be launched, and the specific release time and distribution method will be announced in a later notice. This experiment, supported by technology from a certain artificial intelligence company, is about to begin.

Loud is a community-owned experimental project: no team reserved tokens, no hidden interests, completely fair launch, 100% transparent. The future development of the project entirely depends on the participation and promotion of the community.