Just to be clear I am no longer looking for donations for this project just for feedback. We are almost finished the private beta testing and will be ready to launch in few couple weeks.
“Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.”
- Winston Churchill
Why an Open Information Market project?
The above quote from Winston Churchill is about art but the same can be said about the Economy. We are living in an information age that needs innovation in the economy and a better method to value the information published on the Internet. Using traditional economic methods has only restricted access to information and content on the Internet. A more creative and innovative approach needs to be taken to build an Information Economy where the information can still be obtained freely but the content creators are compensated for their work.
Open Information Market : Connecting content owners and investors
- Information on a website is now accurately valued on the Open Information Market
- Blogger’s and content owners can receive money from investors based on the market valuation
- Investors can see a return on shares they have purchased in websites
- Owners will receive additional dividend payments based on trading volume of thier website shares.
Exactly what is the Open Information Market ?
Similar to a stock market an open information market is where you will be able to buy, sell and trade shares in websites. All websites on the market will be listed by the owners and the revenue generated from the sale of shares will go to the owner. As the owner or blogger adds more information then the website will be worth more resulting in an increase in the share prices and profits for the investor. The website owner will receive continual dividend payments based on the volume of shares traded on the market monthly.
The information Age requires an Information Economy
The information economy is considered a "stage" or "phase" of an economy, coming after stages of hunting, agriculture, and manufacturing. Valuating websites on the information they contain will give a clear economic indicator to the health and growth of the Internet. Governments would have to think twice about blocking or attempting to remove information from a website if that website has a clear indication of value. Bills like SOPA and PIPA would not be an option for governments, since blocking a valued website could damage their own economy. Governments would have to ensure open access to all of the information on the Internet.