What is tiered profile system?

Tiered profile system is the idea that there is no one best distribution method, instead there should be a variety of accessible options that have differing amounts of freedom, proof of humanity, and disincentivizing bots at higher tiers. The tiered Lens profile distribution method also is designed to provide the grounds for a UX that can be globally adopted by a large population. The tiered profile system states that there should be a free Lens Profile, a rented Lens Profile, and a permanent Lens Profile. Here’s my view on how the system could work.

The free Lens Profile should be a UX centric NFT with a baked in post-to-earn mechanism. The free Lens Profile should have a limited social graph, as well as limited on chain data because it does not provide economical support for the infrastructure, also, one idea of the free Lens Profile to trap bot farms into a profile with limited freedom, so it would be natural to let bot weeding daos like Cultivator DAO, to have some authority on the deletion of bot farms. With all these restrictions however, why would a user want a free Lens Profile? Well, it’s an easy way to onboard those who simply do not care about social graphs, but care about not getting their data farmed and having social graph sovereignty amongst a plethora of apps. The free Lens Profile also provides crucial support for apps onboarding users. Apps could have a custodial relationship for normies where apps like Orb, Buttrfly, and Onboard allow users to mint a Lens Profile without a public private key pair, putting the lens profile in a smart-contract, and providing the user with a withdraw key in app if they ever wanted to self-custody their profile. Also, with an additional post-to-earn model, users are incentivized financially to use these low tier lens profiles before ascending because with a time and proof-of-humanity check centered around LMCC the protocol could issue soul-bound discount tokens for the minting of one higher tiered profile. So, if you owned a free Lens Profile for X amount of time and did XYZ proofs-of-humanity then you would be airdropped a Soul-Bound Discount Token (SBDT) to lower the cost of your higher tiered profile.

The rented Lens Profile is the next step on the tiers. The rented Lens Profile is a fully sovereign fully functional Lens profile like the ones we have today; however, it is hindered by the fact that it is revokable if the owner does not pay their rent. However, the rented Lens Profile has the post-to-earn concept baked into it also, meaning that if it is rented for a period of time and passes the proof-of-humanity tests then it is given a SBDT to claim a higher tier Lens Profile or in this case a permanent Lens Profile. To reduce the incentive for farming however, a permanent Lens profile minted with a SBDT should have an arbitrary, but for the sake of an example, 1 year lock up.

The permanent Lens Profile is the highest tier of Lens Profiles there is and is the current implementation of Lens Profiles in the current beta version of the protocol. These are fully sovereign Lens Profiles with data and social graphs stored permanently at the base layer of the protocol. It should be mintable via a large fee or SBDT status. Since the profiles are permanent, there should be “classes” for their domains that guards against domain squatting. i.e. the beta and first wave of Lens Profiles should be the .lens class, then after 10-20 years the .lens2 class et cetera. There should also be the ability to have auctions on the domains before a class is released, so there is an equal opportunity for everyone to bid for a domain. This regeneration of domains along with verification on the app layer, will severely hinder the ability of domain squatters on Lens. Furthermore, using this tiered based approach Lens is able to provide a world class UX for any normie and cater a fully sovereign profile for the more self-custodial centric user.

How I would go about finding the pricing for the higher tier lens profiles? I would experiment with 2 open beta releases with the following logic. There would be 50,000 profiles released over a time of 3 months and the price would fluctuate based on demand, after every 2,500 blocks where a profile is bought the price goes up by 1 MATIC, every time a profile is not sold I would decrease the price by one MATIC, and I would cap the amount of profiles that are mintable per 1000s of blocks to allow the experiment to run for the desired amount of time. With the average data I would make the price without a SBDT 50% above the average price point, and with the SBDT 50% below the average value determined by the experiment.

Thank you so much for learning about the tiered profile system! #LMCC

What is tiered profile system?

Tiered profile system is the idea that there is no one best distribution method, instead there should be a variety of accessible options that have differing amounts of freedom, proof of humanity, and disincentivizing bots at higher tiers. The tiered Lens profile distribution method also is designed to provide the grounds for a UX that can be globally adopted by a large population. The tiered profile system states that there should be a free Lens Profile, a rented Lens Profile, and a permanent Lens Profile. Here’s my view on how the system could work.

The free Lens Profile should be a UX centric NFT with a baked in post-to-earn mechanism. The free Lens Profile should have a limited social graph, as well as limited on chain data because it does not provide economical support for the infrastructure, also, one idea of the free Lens Profile to trap bot farms into a profile with limited freedom, so it would be natural to let bot weeding daos like Cultivator DAO, to have some authority on the deletion of bot farms. With all these restrictions however, why would a user want a free Lens Profile? Well, it’s an easy way to onboard those who simply do not care about social graphs, but care about not getting their data farmed and having social graph sovereignty amongst a plethora of apps. The free Lens Profile also provides crucial support for apps onboarding users. Apps could have a custodial relationship for normies where apps like Orb, Buttrfly, and Onboard allow users to mint a Lens Profile without a public private key pair, putting the lens profile in a smart-contract, and providing the user with a withdraw key in app if they ever wanted to self-custody their profile. Also, with an additional post-to-earn model, users are incentivized financially to use these low tier lens profiles before ascending because with a time and proof-of-humanity check centered around LMCC the protocol could issue soul-bound discount tokens for the minting of one higher tiered profile. So, if you owned a free Lens Profile for X amount of time and did XYZ proofs-of-humanity then you would be airdropped a Soul-Bound Discount Token (SBDT) to lower the cost of your higher tiered profile.

The rented Lens Profile is the next step on the tiers. The rented Lens Profile is a fully sovereign fully functional Lens profile like the ones we have today; however, it is hindered by the fact that it is revokable if the owner does not pay their rent. However, the rented Lens Profile has the post-to-earn concept baked into it also, meaning that if it is rented for a period of time and passes the proof-of-humanity tests then it is given a SBDT to claim a higher tier Lens Profile or in this case a permanent Lens Profile. To reduce the incentive for farming however, a permanent Lens profile minted with a SBDT should have an arbitrary, but for the sake of an example, 1 year lock up.

The permanent Lens Profile is the highest tier of Lens Profiles there is and is the current implementation of Lens Profiles in the current beta version of the protocol. These are fully sovereign Lens Profiles with data and social graphs stored permanently at the base layer of the protocol. It should be mintable via a large fee or SBDT status. Since the profiles are permanent, there should be “classes” for their domains that guards against domain squatting. i.e. the beta and first wave of Lens Profiles should be the .lens class, then after 10-20 years the .lens2 class et cetera. There should also be the ability to have auctions on the domains before a class is released, so there is an equal opportunity for everyone to bid for a domain. This regeneration of domains along with verification on the app layer, will severely hinder the ability of domain squatters on Lens. Furthermore, using this tiered based approach Lens is able to provide a world class UX for any normie and cater a fully sovereign profile for the more self-custodial centric user.

How I would go about finding the pricing for the higher tier lens profiles? I would experiment with 2 open beta releases with the following logic. There would be 50,000 profiles released over a time of 3 months and the price would fluctuate based on demand, after every 2,500 blocks where a profile is bought the price goes up by 1 MATIC, every time a profile is not sold I would decrease the price by one MATIC, and I would cap the amount of profiles that are mintable per 1000s of blocks to allow the experiment to run for the desired amount of time. With the average data I would make the price without a SBDT 50% above the average price point, and with the SBDT 50% below the average value determined by the experiment.

Thank you so much for learning about the tiered profile system! #LMCC