The cryptocurrency world faces significant challenges posed by the InfoFi model, which focuses on user awareness. Attention Capital Markets (ACM) by Cookie presents a new strategy to improve the situation.
Problems of InfoFi and Their Consequences
The cryptocurrency community is experiencing disappointment due to the constructive structure of InfoFi, which was meant to reward participants for spreading information about projects. Instead, low-quality, AI-generated content is prevalent on platforms, creating artificial interest in projects due to bots and spammers seeking quick profits.
The Attention Capital Markets (ACM) Model
ACM offers a new philosophy in the cryptocurrency world, where the true value of participants is determined not only by their actions but also by how much they invest in projects. The model includes two main scoring methods: SNAPS and cSNAPS. SNAPS are points earned for discussing projects, whereas cSNAPS require real financial support, providing better rewards for those who actively participate.
Successful Examples of ACM Implementation
The ACM system has already been tested in practice with projects like Almanak, Tria, and LABtrade. They demonstrated that the system effectively distinguishes true project supporters from those merely creating noise. The successes of these projects highlight the importance of a community that not only speaks of support but also backs its words with action.
Attention Capital Markets sets new standards for InfoFi, offering a sustainable model that aligns the interests of investors and projects while fostering genuine community formation. This will enhance interaction between participants and create a robust economy in the cryptocurrency space.
