Pertains to value creation, is directly relevant to ProjectSAFE and also to SAFE coin, comes up in other threads, but a more direct discussion of what stuff is worth and what may be practically provided for is worthwhile.
This is what I think a fair value on an open network like Project SAFE should tend to yield content creator, and its more a picture of a ceiling than a floor. This means a couple million downloads might yield 50K a year and it would leave nothing for labels or any middle men but would potentially maximize the flow of info, exposure and value for the end user. Also provide a truly level playing field for content creators where their works would be paid based on merits by a system with minimum coercion. Its just one way to talk about valuation, its not comprehensive but I reject the stake holder model, the practical alternative is Pirate Bay as people are ready to dump toll road content regimes, and this sentiment drives much of the interest in efforts like MaidSAFE. The end user is the sole stakeholder as that is the primary role for all of us. The system should only provide enough incentive to keep the pump optimally primed.
Rough assumptions: Global gross product divided by population: 12k per capita
Average song length 4 minutes (from experience.) Based on the number of seconds in the song and the worth of the average human second according to the current system: 9 cents or a dime per song, but maybe only a quarter of downloads would yield payment so roughly 2-3 cents per song download.
That means in a purely end users owned and controlled network like ProjectSAFE where then network ran on end user equipment and end user supplied energy and got around any useless government stipulations on licensing fees to trying to keep sponsored top down garbage in the loop- that means that is someone felt like contributing it, if they felt the song was worth their time (that risk should be on the artist not on the end user) they might contribute a dime via optional micro payment for future works.
But if it was a waste of their time they should contribute nothing.
Which means 500k- 2million downloads recompensed by end users to make 50K per year. Maybe it takes 2 million downloads because some people don’t like it and some people don’t bother to click.
A fair cost for the average movie 130 minute length: $3.25/4 = 80 cents And that would be for a new release- they wouldn’t have any premium nonsense (always a kind of theft.) Their alternative is Pirate Bay. And of course all this is based on a completely ad free model. There is still the chance of larger success, A song like Gangnam Style might 20-30 million dollars.
If most undiscovered artists their works would be exposed to a large body of people for free, most of them would jump at the chance, even in exchange for never making any money from it or being limited to some modest amount for life. The legitimate ones would always take this bargain. A global ProjectSAFE would give them exposure on the merits the injustice of the labels would never allow. They can’t use their already pissed upon by the labels position to argue on the labels behalf for more info enclosure and surveillance. Those are good amounts and most important they get rid of the absolutely useless record labels which use our money to argue for SOPA/PIPA/CISPA. I wish we could have national referendums to hold the labels in contempt of the public resulting in the seizure of their assets, with the proceeds converted in to some useless currency and that currency burned in a public display.
But more than this they wouldn’t have any price setting control, this would be dictated by the whims of the end users and attempts to suggest prices and all that would be deemed ads, which some filter would remove. Any attempt to fix or set cost is supply side collusion- abuse of power or leads to increasingly extreme abuse. This system maximizes access, all but eliminating enclosure, maximizes potential exposure and maximizes values for contributors. This is what a distributed system does to a centralized system which also happens to be designed above all, existing in its essence, to censor and spin.