Seeking Feedback: driving revenues through 'Local Prosperity Graphs'1
Posted for The Citizens Media
by Caroline Smalley on Jul 29 2013, last modified on Jul 29 2013.
Based on the premise that we all have something unique to give, The Citizens Media® is about working together through systemic pathways, that.. by empowering local prosperity.. can reduce the wealth gap and…
Based on the premise that we all have something unique to give, The Citizens Media® is about working together through systemic pathways, that.. by empowering local prosperity.. can reduce the wealth gap and create a world that can thrive.
The pathways are enabled through a global marketplace that invites people everywhere to generate returns by investing in community based projects that will increase local prosperity.
Having entertained various iterations for describing the ‘what is?’ – thanks to being asked by a friend of mine (Michael Gusek) “Facebook creates social graphs... what sort of graph would CM create?” (to which I answered “why.. prosperity of course!”) – I was excited conclude CM as a ‘Prosperity Networking Service’.
Perhaps the best question I’ve ever been asked!
...and it doesn’t stop there!
100% of profits going to all who take part, CM operates by issuing returns in a community currency called Comcoins, that gets continually re-invested in supporting local enterprise. When developing the revenue model, the challenge I kept coming across was how to generate sufficient returns in a short enough time span that would then feed back to investors whose spending would stimulate activity thus enabling CM to grow.
In thinking and sharing with the team on how to make this happen, the #1 solution we came up with was generating sales from all the unstructured data that would – in time – collect through the projects, conversations and commercial activity taking place.
Enter the play on ‘prosperity’ again. What exactly is the prosperity graph, what data will it collect and what could it package and sell?
My conclusions can be found right here: bit.ly/19pl4qm
To increase returns to crowd investors whose activity is ‘our secret sauce’, I’ve decided to embark on a complimentary business model for angel investors to make good returns based on all the prosperity graph will have to give.
Would very much value your thoughts and ideas. To share, please: 1. Comment below; 2. Send me a message; 3. Start asking questions from CM’s site!: bit.ly/18FPzW8
Thought to clarify – esp to those who understand the importance of data analysis and the way (as Facebook does) it can be used to manipulate online behavior – it's actually the idea of making $ through data analysis and local prosperity graphs that I'm seeking feedback on.
If we can track conversations / online behavior that's related to empowering local prosperity, then – by mapping the way they flow – we can manipulate online platforms (like CM) that can trigger connections for manifesting similar outcomes throughout the world. Local prosperity will grow!
The local projects supported through CM are important will enable us to identify the sorts of conversations we need to track if we are to manipulate communications in a way that serves real needs.
This 'data' we collect will have value, because we can share it will people like the UN, who could use it in their own (online/mobile) environments in a ways that serves their millennium goals. The fact that the data will have a value means we can use it as to generate 'Angel Investor' revenues that can bring CM to life.
Why? Because the more projects we take on; the more data we'll collect; the greater the returns it can make.
In other words, revenues from Angel Investments will increase CM activity, because it will mean we can support more projects and generate higher returns for crowd investors, which they can spend to re-invest / support local business.
In short, data analysis can act like a springboard through which the vision of CM can succeed.
Questions: 1. Does my proposed definition for 'Local Prosperity Graphs' work? 2. Can we/should we get this added to Wikipedia? 3. Does referring to CM as a 'Local Prosperity Networking Service' resonate?
P.S. If anyone knows of potential Angels, please let me know!