How Convey Works

Step 1

Authors spend 1 coin per byte to start a conversation which incentivizes brevity and disincentivizes spam. In the example below, Alice spents 39 coins to start a fictional bedtime story.

A Bedtime Story

2021 October 17 09:34 Alice 39¤

Once upon a time, in a land far away...

Step 2

Conversations can branch into multiple threads to explore different directions and perspectives. Replies also cost 1 coin per byte, half of which are paid to the original author to encourage and support their future content, and the other half go to the platform to pay for the services provided. In the example below, Bob and Beatrice spend 49 and 37 respectively to respond, yielding Alice 42 coins.

A Bedtime Story

2021 October 17 09:34 Alice 39¤ 42¤

Once upon a time, in a land far away...

Step 3

Collaboration, discussion, and debate reward the participants. Authors earn coins when their posts yield more than they cost, which they can put towards more content in future.

A Bedtime Story

2021 October 17 09:34 Alice 39¤ 83¤

Once upon a time, in a land far away...

Step 4

Periodically the conversation threads with the highest yield are aggregated and typeset into a digest which is then published to all subscribers. Authors appearing in the digest earn a proportion of the reward and their content reaches a diverse audience, and subscribers get high-quality content covering a wide range of topics; win-win!