Magnafora
A Literary Publishing Exchange
Magnafora is a publishing platform built on the Rare Protocol – just like SuperRare, the long-standing, highly-regarded digital art marketplace.
The Rare Protocol allows us to create a new artistic patronage system that is based around the activities of discovery and curation. Here's a short explanation.
As on other digital art platforms, users of Magnafora can buy and sell digital works – in this case, writing: poems, plays, stories, novels, memoirs, whatever kind of literary work you dream up.
On Magnafora, however, Magnaforians can support writing they like by using the $RARE token to stake on a writer.
The staking action indicates that the reader believes in and supports that writer. Others who stake on the same writer together form a "staking pool." The staking pool effectively serves as a curation signal to the wider community, who may also find themselves interested in that writer.
Each time a writer sells a piece of work, the readers in their staking pool receive a portion of $RARE. This operates as an incentive for readers to discover good writing.
This is how Magnafora will support the mutually interdependent activities of reading and writing – in a way that is open and accessible to all.