Introducing S.QNTR

Monday, 13 October, Year 6 d.Tr. | Author: Mircea Popescu

You probably remember Qntra. It was listed today by MPEx, as S.QNTR. The most innovative part of the entire deal is in my opinion to be found within 3.2(d) :

S.QNTR shares will be issued through the following procedure : before the 5th of each month, a total wordcount of qualified articles published by Qntra during the previous month will be announced by the Editor in Chief, alongside a per-author list including that author's GPG fingerprint and total word count ; MPEx will issue twice that count of shares, allocating half to the Qntra board block, and half to the respective authors. This process will continue indefinitely.

Basically, have your piece accepted by the editors, you will be getting some shares. Prefer to be paid in cash ? Sell the shares. Prefer to keep an interest in the thing you're publishing for ? Keep the shares. Wish to strike a balance ? Strike the balance that best suits you.

I believe this model is far ahead of anything currently available, sufficiently ahead to not only provide ample financial and political incentive for the very best talent in the space to coalesce around this project, but to actually destroy the antiquated and antisocial Gawker model.

That'd be all for now. Here's a pic of a chick eating out another chick :

cunts-rawrh

Category: S.QNTR
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3 Responses

  1. How is Qntra going to fund itself until it is cash flow positive? Is it going to take a loan it will have to repay?

  2. Mircea Popescu`s avatar
    2
    Mircea Popescu 
    Wednesday, 15 October 2014

    It's going to not make expenses, basically.

  1. [...] going to change that by using a model that will "provide ample financial and political incentive" to do so. Today marks the day that Qntra was listed by MPEx and if you wish to be a part of [...]

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