Analysis of the Myshell Economic System

[surreal swift]

Myshell is a platform that anchors the issuance of virtual currency for AI bots based on their productivity. Strong, effective and stable productivity bots will directly affect the currency value.

Regarding how to create bots, there are currently three levels of user permissions: ordinary member, high-level member and founding pass holder.

Explanation of bot permissions for various user levels:

Ordinary member: Owns 1 private bot
High-level member: Owns 1 private bot
Founding pass holder: Owns 3 private bots and 3 public bots

Public bots can complete multi-person interactive tasks to earn high score rewards, while private bots can earn high score rewards through plugin tasks and utilizing the exposure of public bots.

Therefore, in terms of creating bots for profit, it can be divided into three dimensions: Founding Pass, Plugins, and Prompt Design.

First, let's talk about the Founding Pass. It is a type of property right used to develop and issue currency, analogous to land development permits in the real world.

On this basis, you need to complete the creation of private and public bots, where during the bot creation process we need to discuss prompt design, similar to the logic of magazine publishing and self-media video releases - you need to create a design for some content that can solve real user needs, provide virtual companionship value, or improve efficiency in practical business scenarios, etc. This is an indispensable and highly core part for an outstanding bot.

However, the above only stays at the concept design process. To implement it requires the coordination of multi-dimensional processes, which requires discussing plugins. Plugins will appear as a kind of production material in bot creation. Plugins are also bots - small but precise bots that focus on solving parts of process issues, such as text processing or multi-modal processing, but they need to maintain stability, stable input and stable output.

Now let's discuss the three together.

Everyone has great ideas and creativity bestowed by AI and real-world experience. People yearn to unleash their imagination or increase work productivity through AI. Therefore, tools bots that are productive and excellent will seem particularly important.

However, an outstanding bot, like an outstanding self-media video, needs exposure. And the pass card gives the power of such exposure, which will allow more people to see outstanding bots and further develop their value.

Now let's discuss the three together.

Everyone has great ideas and creativity bestowed by AI and real-world experience. People yearn to unleash their imagination or increase work productivity through AI. Therefore, tools bots that are productive and excellent will seem particularly important.

However, an outstanding bot, like an outstanding self-media video, needs exposure. And the pass card gives the power of such exposure, which will allow more people to see outstanding bots and further develop their value.

But do not forget the role of plugins. They are equally important because an excellent, productive tools bot may not solve all scenario needs within a single bot due to LLM model limitations, such as multimodal conversion or vertical industry data generation. Therefore, plugins provide necessary production materials. When you have enough creativity, you can choose plugins suitable for the current scenario for combination to realize excellent design ideals.

This process can be compared to the process of real estate development.

The pass card is like a land use permit that has the power to build a house. But what kind of house to build and which customer groups to target need to be coordinated with designers and the current product vision. Therefore, doors, rebar, sand and soil are needed as necessary production materials. Finally, with the land permit, housing design and production materials working together, an excellent house is completed and liked by the market.

Prompt design is like the house design, and plugins are the production materials for house building.

If you want to generate income in Myshell's development, you can focus on the pass card and plugin markets. The pass card not only realizes value through publishing power, but as the market grows, it will also increase its unique and rare value simply by owning it. Perhaps owning it alone is a kind of objective investment that the market will give it pricing signals. But the publishing power can also be leased to help prompt designers realize their design ideals and share market returns. Of course, this process is also likely to involve opportunities for plugins.

If pass cards, plugins and prompt design are all concentrated in an individual, it will be a very great income creator because all costs are consumed by yourself.

In summary, to maximize returns utilization of Myshell, focus should be on the pass card first because it provides not only publishing power for value realization but also exposure power and building power. It is a necessary cost for building outstanding bots with productivity. However, excellent plugin bot design also has a rich income prospect as it can provide necessary support for these bots, achieving mutual benefit with pass card users; but if supply relationships are formed with multiple pass card users, the income group will also be enormous. Of course, as mentioned, having excellent prompt design capabilities is essential, whether for public bots or the plugin market, as it demonstrates knowledge and skills.

[mossy crow]

Wow! You're really skilled at this! This topic turned out to be even more fascinating than I initially expected. My perspective aligns with yours: the pass card undeniably serves as the foundation within this economic system.

Without it, individuals can merely function as plug-in providers and remain quite passive.

However...I greatly appreciate your introduction of the concept of suppliers! By envisioning our economic system as a bustling commercial district, we come across an essential realization: while land rights certainly hold significance, the roles each person assumes within said district prove equally vital.

Even possessing a pass card doesn't guarantee success - some individuals might find themselves limited solely to constructing restrooms, resulting in minimal returns on their investment.

Indeed...the notion you brought up regarding suppliers truly piques my interest!

These suppliers lack direct ownership over land; they could exist miles away from urban centers - perhaps residing on remote farms or elsewhere entirely. To generate any form of substantial income, these suppliers must offer their valuable plug-ins exclusively through prominent shopping centers.

Traditional supply chains necessitate ongoing maintenance; otherwise...even if these suppliers excel in various ways...their efforts would ultimately amount to naught should these shopping centers refuse their offerings.

What proves particularly intriguing about our unique economic structure lies herein: suppliers simply require crafting exceptional plug-ins followed by successful promotion endeavors - yielding astronomical profits without having expended any initial capital whatsoever!

Ultimately...your ideas resonate deeply with me! Please feel free to engage in further discussion!

[surreal swift]

Your explanation made me find the same resonance! ! too excited!
I even think this is a way to develop the AI ​​supply chain in the future. It does not require everyone to have a pass card. Just like the land that can be developed is limited, but the number of houses that can be built is unlimited, this land can The cycle continues with demolition, upgrades, and new accommodation. All in all, the possibilities are endless!
Regarding the plug-in market, this deserves attention. People who buy land may not necessarily be good at building houses, and people who design houses may not necessarily customize production materials, but there are always people who will provide this service.
Of course, the most important thing is that for people to choose and buy this product produced by the cooperation of multiple parties, this requires analysis of real-life scenarios. I can even imagine a professional team to integrate supply chain resources!
Thank you very much for this exchange!

[mossy crow]

Absolutely right! Teamwork will become really interesting under this economic system LMAO. Not only do we need high-quality prompts, but also top-notch graphics and TTS, as well as more sophisticated models and diverse modalities. Currently, it seems like plugins are merely add-ons for bots; however, according to their official documentation, they intend to transform these plugins into modular components in order to create AI apps in the future. Consequently, writing prompts will play a much smaller role compared to now—what matters most is exploring exciting modalities!

[astral tangle]

The idea of leasing Pass distribution rights that you mentioned in your post is very interesting!!!!

Especially now that MyShell has introduced Workshop, users can unlock and use specific TTS/Prompt individually, and leasing Pass reduces the resistance to improve the exposure and influence of Prompt.

To some extent, I can imagine that in the future, there will be teams with clear division of labor dedicated to creating high-quality bots.

If you're interested, you can also post other similar science popularization posts, because there are relatively few posts in the community discussing topics such as Web3 and economic systems. BTW, the article is written very clearly, and the analogies are very enlightening.

[surreal swift]

Welcome to discuss, welcome to exchange, the collision of ideas and passions will produce a better economic system design

[cold lynx]

EEEE

[hybrid heron]

the analogy that a pass = land property is genius

[surreal swift]

I have to admit, this is the inspiration given to me by a friend, I want to thank him, haha

[hybrid heron]

I envy your connection