Yes Exactly is proud to once again support WRSI The River’s Cares for Kids campaign by providing a website where local donors can easily sign up to buy toys, clothing and gifts for children in the Big Brothers/Big Sisters program. We are pleased to be able to work with the radio station to help kids in need during this holiday season!
I am writing today with important news.
Today is my last day as CEO of Yes Exactly. I have shifted my responsibilities to work full-time for Beerious?, the beer events startup we have incubated. I leave the company in the extremely capable hands of our Lead Developer, Erik Amlee, and our veteran support and design team.
I am thrilled to be able to work full-time on Beerious?, both as a beer lover and because the craft beer industry is one where we see small businesses (both breweries and venues) thriving all the time. Best of all, Beerious? represents a “green field” where we can integrate leading-edge open source technologies such as cryptocurrency and Zappen augmented reality. Cryptocurrency in particular has real advantages for everyday consumers in terms of greater privacy, lower fees, and access to open networks. We have been active participants in this space since 2014 and it’s exciting to see the field finally come into its own.
It’s hard to believe that seven years can go by so quickly.
I founded this company with a single vision: beautiful, affordable websites for artists, artisans, nonprofits, and entrepreneurs. Simply put, I wanted to help other small businesses like my own. I believe that “getting the word out” through effective marketing can make the difference in those critical early stages of a company’s life.
I am proud of every site we host, and of every back-end solution and app we’ve built. But most of all I am proud of the culture we created at Yes Exactly. If you are a recipient of this email or if you know me personally, you know what I mean. Ani Difranco has always been one of my heroes, not just because of her music and her message, but because in 1990 she founded and ran her own record label: Righteous Babe Records. It’s still going today, 27 years later. Integrity and vision don’t yield overnight rewards, but they make all the difference in the long run.
Thanks to all of our present and past employees, interns, clients, friends, and project collaborators. Special thanks to Gavin Andresen, Rob Sletten of Wells Fargo, Jennifer Gaddy of Stratajen, Scott Little of inSolves, Rodolfo Archbold, and Stephen Shea.
I’ll be in touch. : )
With best wishes,
Chief Executive Officer
By Tess Gadwa, CEO, Yes Exactly
Lotus Petal Architecture is a trends-based algorithm for allocating rewards based on data generated and analyzed by the system being measured. It presents an alternative to traditional blockchain mining but is not bound to a specific protocol. Here it is explored together with Attention Based Currency’s Proof-of-Play, in which listeners process transactions in exchange for access to streaming music. Petal architecture vectorizes available data, mapping data points that fall within system-defined parameters to a predefined curve. The intersection of points on isomorphic curves generates rewards (payouts) for a subset of participating nodes.
How does this work?
- Listeners choose music from a pool of songs, streamed by 4 or more hosts.
- Hosts may stream all songs in the pool, or only a subset.
- All plays count toward the same song trend, regardless of which host streams the song.
- Play is tracked cumulatively; a trend may level off but will never dip down.
When a Lotus Petal Event occurs, one listener and three hosts receive an ABC payout. Winning songs are published to the system and enter a new chart space with a higher level of difficulty. Many Lotus Petal events may occur each day.
Simply put, Lotus Petal Architecture is a way to reward “trend spotters” who notice other creative work with the potential to become popular, before it becomes popular. To learn more, please download the Lotus Petal Architecture one-sheet, or email me to request the full Attention Based Currency white paper.
This work is licensed under a Creative Commons Attribution 4.0 International License.