TrueWows is a lot different from other Internet message boards. It's based on two principles: each sentence written must be true, and posting requires a fee.
As a rule, content in online boards is nonfactual and inexpensive. Anyone says whatever they want with loose distinction between fact and opinion. This regresses away from truth. Conversation strays or gets hijacked. In effect the median portion of the bell curve, which is the fattest portion, overrules the truth.
Our hypothesis is that regression away from truth can be prevented by requiring claims to be factual and expensive—by requiring sentences to be true and to be backed by money.
TrueWows is an experiment to defend the truth by building a market around it. Let users pay each other for truth. Let everyone put their money where their mouth is.
The truth pays. What important truth do very few people agree with you on?
As a rule, content in online boards is nonfactual and inexpensive. Anyone says whatever they want with loose distinction between fact and opinion. This regresses away from truth. Conversation strays or gets hijacked. In effect the median portion of the bell curve, which is the fattest portion, overrules the truth.
Our hypothesis is that regression away from truth can be prevented by requiring claims to be factual and expensive—by requiring sentences to be true and to be backed by money.
TrueWows is an experiment to defend the truth by building a market around it. Let users pay each other for truth. Let everyone put their money where their mouth is.
The truth pays. What important truth do very few people agree with you on?
Each sentence you write must be true and you must pay to post
You must pay to post or comment.
You earn money from users who reply to things you said that are true. Else you lose the fee used to post when users refute you.
To refute a post or comment quote the sentence that is false and explain why.
Respond to the words written and not to your imagination of what was intented.
Words matter. Learn their meaning and use them correctly.
There's no fee to read posts.
Posting requires a minimum of 5.00 WOW paid upfront as a truth stake to increase the cost of falsity and spam. This amount is refunded after 7 days if the post isn't refuted, else it's paid out to the comments that refuted successfully in proportion to each comment's truth stake.
Posting also requires a minimum of 1.00 WOW as a submission cost to incentivize responses. This amount is paid out to users who post comments.
Refuting a post requires the parent post's response cost times 1.618.
Posts that pay the fees get published. Posts get removed only by the user who submitted. Posts can't be downvoted or flagged for removal.
There's no banning of any kind.
Posts can be created at any time. Posts can be edited at any time except if the post is currently refuted. Posts can be deleted at any time. Posts stay open forever.
The submission cost of each post is paid out to users who responded to the post. The payout corresponds to the percentage of the amount paid by each user to respond divided by the total amount paid by all users who responded to the post in the first 72 hours.
Submission costs that haven't been paid out to users yet are displayed in green. Replying to posts that are green earns WOW.
The response cost set by a parent post and paid by each reward, reply, and refutation are paid to the parent post.
Deleted posts or comments and all comments in the deleted thread have their truth stake and submission cost refunded if they haven't been paid out to the parent post yet.
Funds that haven't been paid out for any reason (like no replies, bugs, or leftover dust) are refunded to the user who submitted the post or comment after 28 days.
Post payouts occur on-chain every 20 minutes. Users keep 100% of their earnings minus Wownero's network transaction fee which is often less than 0.035 WOW.
The site earns nothing—all earnings go only to users.