PRISM: Decentralized Content Ecosystem V0.1

PRISM is a revolutionary decentralized content ecosystem that leverages blockchain technology and NFTs to create a fair, transparent, and rewarding environment for content creators and consumers alike. By implementing a unique Multi-Level Marketing (MLM) structure, PRISM ensures that value is distributed across the network, incentivizing content creation, curation, and sharing.

Overview

PRISM allows users to tokenize digital articles as NFTs, creating a verifiable chain of ownership and provenance for written content. This system enables content creators to monetize their work, readers to support authors directly, and a transparent ecosystem for digital publishing. The innovative MLM structure encourages content sharing and curation, creating a self-sustaining content economy.

Features

• Create and mint Article NFTs
• Update article content (for owners)
• View article details and minting history
• Transfer ownership of Article NFTs
• Multi-level marketing structure for content sharing
• Revenue sharing between platform, creators, and curators

MLM Structure

PRISM implements a Multi-Level Marketing structure for content sharing and curation:

1. Level 0 (Original Creator): The original author of the content.
2. Level 1: Users who directly mint or share content from the original creator.
3. Level 2: Users who mint or share content from Level 1 users.
4. Level 3: Users who mint or share content from Level 2 users.

This structure can extend to multiple levels, with diminishing returns at each level to ensure sustainability.

Revenue Model

PRISM's revenue model benefits both the platform and its users:

For Users:

1. Content Creators: Earn revenue from initial sales and ongoing royalties from subsequent mints.
2. Curators: Earn a percentage of sales when their shared content is minted by others.
3. Readers: Potential to earn by identifying and sharing valuable content early.

For Platform:

1. Minting Fees: A small fee is collected for each new NFT minted.
2. Transaction Fees: A percentage of each sale or transfer is collected by the platform.
3. Premium Features: Additional revenue from premium account features or services.

Revenue Distribution Example:

When a new Article NFT is minted from an existing one:

• 50% goes to the original creator
• 30% is distributed among the levels in the MLM structure
• 20% goes to the PRISM platform

This model incentivizes quality content creation, active curation, and platform growth.

Function Descriptions

1. createArticle: Creates a new Article NFT with original content.
2. mintArticle: Mints a new NFT based on an existing article, establishing a derivative relationship.
3. updateArticle: Allows the owner to update the content of their Article NFT.
4. getArticle: Retrieves the details of a specific Article NFT.
5. getMintingChain: Returns the lineage of an Article NFT, showing its derivation history.
6. transferFrom: Transfers ownership of an Article NFT to a new address.