Online stock market for social media profiles. Every user on a social media service generates value as they share stuff, collect responses, and build a follower network. While the platform providers make money from such activities via targeted advertising, users themselves never learn about the monetary value they generate. What is my worth for a social media service? is an unfortunate question.
Meta-Markets provide a stock market for social media profiles, so that users can IPO (Initial Public Offering) and trade shares of their profiles. During the initial public offering process, each user accepts to assign 1000 shares for their profile, keeps 500 of them, and auctions the other half. Three-day auction defines the initial value of the shares, and it gets traded afterwards. Like in all stock markets, supply and demand balance with transactions determines the value of each share of the social media profile in the “free market”.
Meta-Markets platformunda oluşan topluluk sosyal medya profil hisselerinin adil değeri (takipçi sayısı, aktivite yoğunluğu vb göstergeler) vs pazar değeri (alış veriş ile değerlendirme) konusunda pek çok formül tartışıp, platform üzerinde uygulanmasını sağlamıştır. Ayrıca sosyal dinamikler ile pazar dinamiklerinin uyumsuzluğu üzerine de gözlemlenebilir bir deney gerçekleştirilmiştir. Meta-Markets platformu http://meta-markets.com adresinde 2007-2009 tarihleri arasında üç bin civarı kişi tarafından kullanılmıştır.
Meta-Markets community actively discussed formulas for what makes the fair value (followers, frequent activity etc.) of a social media profile. Furthermore, the platform served as an experiment for the connections and disconnections between social dynamics and market dynamics in the case of social media. Meta-Markets was active from 2007 to 2009 at http://meta-markets.com
User Labor protocol emerged from the 2 years of trading and community activity on this platform.