This article provides an overview of Respect, a non-transferrable token that players can earn by playing the Respect Game at community events. Thanks for reading. Respectfully, we hope you enjoy!
Table of Contents
- What is Respect?
- What is the Respect Game?
- Respect as a Primitive
- The Roots of Respect
- Composable Respect
- Related Posts
What is Respect?
Respect is an opinion that means to value someone or something. You can respect the work other people do. At Optimism Fractal, we respect their contributions and impact to the Optimism Collective.
To help the collective better understand impact of public goods creators, we created a token called Respect that community members can earn by Respect by playing the Respect Game in weekly meetings. Respect a soulbound token called Respect that any community can use to voice community opinion. The Respect token is an elegant, composable, and highly useful primitive that can enhance the functionality of many other smart contracts on Optimism. Players can earn varying amounts of Respect depending on how much they help Optimism.
All communities are faced with decisions about how to allocate resources and decision making power to maximize mutual benefit. Our social games in live meetings provides an optimal solution to distribute community resources in a simple, credibly neutral, and fun way. You can see how players earn respect in weekly meetings at OptimismFractal.com and in the resources below.
What is the Respect Game?
The Respect Game is a simple and profoundly helpful game that anyone can play to grow their community. This consensus game is at the heart of Optimism Fractal and our work at Optimystics. You can watch intro videos and learn more about the Respect Game in this article.
Respect as a Primitive
We believe that the combination of Respect as a primitive and the social cohesion of fun weekly meetings provides the best way to distribute decision making power throughout communities.
By establishing a baseline of Respect during weekly meetings, many other composable smart contracts can become far more effective, fair, and democratically legitimate. This can include distribution of rewards on social media apps like Farcaster or assignment of roles with protocols like Hats Protocol. This can also enhance the functionality of many other apps/protocols like Attestation Station, Ethereum Attestation Service, Charmverse, and Snapshot. You can see some integrations we’re planning in our articles about Respect Trees and Cignals. Each of these compositions can lead to more smart contracts on the Superchain.
This powerful root primitive for coordination improves all the functionality of all dApps, so our social games contribute greatly to both the quantity and quality of smart contracts on Optimism. In addition, Respect is a highly scalable primitive. Due to the fractal nature of the Respect Game, any amount of participants can earn Respect in community events.
The Roots of Respect
The idea of Respect was originally created by a pioneering team called Fractally. You can explore our blog. You can learn more about Respect in their whitepaper (pages 9-18 and 22-25), keynote video, and our articles about tools.
For more about the benefits of , you can also review the summary below. Respect earned in Optimism Fractal is highly composable with other projects on Optimism in the following ways:
- All Respect token data is open and onchain for easy integration
- Our reputation and contribution data could help inform public goods funding through composability with tools like RetroPGF
- Unique identity verification collaborations with services like the Attestation Station improves integrity
- New games and apps could be built on top of our core coordination primitives
- Shared incentive systems could align wider Optimism communities
- Relationships formed could enable collaborative opportunities across projects
- The concept of respect points earned in social consensus games provides a powerful primitive for novel coordination mechanisms
We aim for modular interoperable design that makes it easy to build on top of our cooperation stack and share data/incentives across Optimism.
From the fractally whitepaper - there is also more here that i didn’t yet copy and paste. Some is applicable and some isn’t so applicable anymore so it will take some time to curate it
Respect means to value someone or something. You can respect the property of others. You can respect the work other people do. Even if you don’t respect the character qualities of a person, you can still respect what they produce.
Consider the act of serving the poor in a soup kitchen. This act is generally respected. The person who volunteers is generally respected for their service. However, if the server is paid to feed the poor, then the respect is typically accrued to the donor who paid the server rather than the individual providing the service.
We value people. We respect their talents, their character, and their honesty. We respect them just for being alive, and we respect their potential. This is non-transferable respect. A person can eat healthy, train, and pursue personal growth. This may increase the amount of non-transferrable respect one person has for another. A person can also lie, cheat, and steal and lose non-transferrable respect. This kind of respect can also be viewed as reputation. More accurately, we value (aka respect) someone because of their reputation.
That said, money can be viewed as a measure of respect someone has earned for past contributions to a community. We value money because others value money. Money is therefore respected. When money transfers hands, one person loses this measure of community respect and another person gains it. When you sell a product that someone in the community values, you earn respect. Note that all “property”, of any form, is a measure of respect. Theft of “property” is a form of disrespect. Property and “ownership” are simply ideas that express a peace treaty among cooperative beings to end the war of all against all under the law of the jungle where might makes right. Respecting the idea of property is therefore respecting others.
- I think. the following section about money prob shouldn’t be included here
ƒractally empowers a community to reach a consensus on the merits of each individual’s contributions and rewards them with the Respect they are due. In this case, Respect is synonymous with community money or currency.
Most countries have their own money and regardless of what name they give to their money, it is still money. BTC and ETH are the “Respect” of their respective communities. Each ƒractally community, which we call a ƒractal, will have its own form of Respect.
How we characterize Respect and community money has huge legal implications. Is Respect a contract, an obligation, a commodity, or an opinion? Is it the property of a person or the opinion of other people? Is it something you “own” or is it something bestowed upon you? Do you receive “income” or “loss” when someone’s opinion about you changes or only when tangible things change hands? Can someone be forced to hold a particular opinion? Most people think of money as a thing that belongs to a person. For example, Ludwig von Mises defined money as the most marketable commodity
However, in ƒractally, Respectisn’t a thing; it’s an opinion. While you may respect (value) something, others may have a complete lack of respect for it. If Respect is a measure of community consensus on the relative value of individual contributions then Respect remains a consensus opinion of the community, not the property of an individual.
Free market prices are one means of discovering the relative Respect (value) for various goods and services. For example, you may own a stock that has a certain value (measured in Respect or money); however, other people can reach a new consensus that the stock is worthless. This change in community opinion does not constitute “theft”, and the value of the stock isn’t the “property” of the owner of the stock.
Some people might say that while the value of the stock isn’t property, the stock itself is still property. However, stock ownership, like all property, is a matter of consensus opinion. Did you acquire the stock fairly? Did you honor all of your agreements with respect to the stock? Who gets to decide these things? Is it not just a consensus opinion? In this case, the consensus is that the government, as elected, gets to decide. In other words, all titles to all things are in fact a consensus opinion. If the consensus opinion changed, you would find it difficult to retain control of your things.
The Value of an Opinion
If Respect is just an opinion, does it have any value? Opinions can be valuable or they can be worthless depending upon the source. You likely value the opinion of your husband or wife far more than the opinion of a random drug addict. Expert opinions are often more valuable than the opinion of laymen. Likewise, the value of a community's collective opinion depends upon the reputation of a community and its ability to reach a respectable consensus. Therefore, a community's reputation is also a ƒunction of the reputation of the members of the community.
Predictability of outcome is a major component of building trust and therefore building the value of Respect. A country that respects “property rights”, has honest courts, and allocates government funds reliably, with minimal corruption and graft, will prosper. Thus, people will respect the opinion of its courts, they will follow its laws, and the people will prosper. Alternatively, a country that falls to corruption and spends the country into bankruptcy, loses the respect of people at home and abroad. The end result is currency devaluation and lawlessness. Hyperinflation is ultimately the result of a complete loss of respect for a currency.
There are hundreds of communities out there that need people to contribute their time and attention for the greater good. Whether you want to organize a political party, start a mutual aid society, share the gospel, or clean up the ocean, ƒractally empowers autonomous communities to reach a consensus on how to give the Respect due to everyone’s contributions.
Respect is initially allocated proportional to community growth. Assuming a fixed size community, the inflation model is a fixed amount of Respect per week or 6% annually whichever is greater. The relative quantity of earned Respect will scale to maintain the fixed annual supply increase of 6%. This mandatory minimum recognizes that present contributions are necessary to maintain community growth and that the value of historic contributions will decay with time. Different ƒractals may have different policies and they should all remember the principle that present contributions are more valuable than historic contributions.
- Attend Meetings ƒractally rewards those who are proactive in doing things for the community. This effort is then recognized and accounted for after the fact. Is there something you think you can contribute to a community? Go for it and you can start earning the Respect you deserve. Once you join a community that shares your values, you can immediately start earning the Respect of your community by simply attending a 1-hour video conference and reaching a consensus with five other randomly selected community members. Whether you are a developer, marketer, blogger, YouTuber, event organizer, graphic designer, networker, lawyer, CEO, doctor, priest, or farmer, there is a place for you to contribute to a ƒractally community. The more a community values your contributions, the more Respect you earn. Your opinion matters. Every week you get to share your opinion with 5 random members and get a say over how the community collectively respects their contributions. Over time everyone in the community gets to hear what you respect. Everyone has an incentive to negotiate with you in weekly meetings because 4 out of 6 people agree or no one earns
3 Autonomous - self-directing, self-governing, self-sovereign; not subject to outside governance.
ƒractally - The Next Generation of DAOs 15
Respect. There is no other system where your voice has so much influence over how the community allocates its Respect.