“Still, Mojo Nation looks more a like a libertarian dream come
true than anything else that’s out there. It is nothing short of
the first-ever encryption-protected, user-run, open-source,
file-sharing marketplace. It essentially takes the decentralized
model of other Napster alternatives like Freenet and Gnutella and
adds on a layer of laissez-faire experimentation.”
“Home-brewed currency, or “Mojo,” lies at the core of this new
world. Users cannot simply take and give as they do with Napster
and every other file-sharing service. Rather, those who
download the free, open-source new release in November must use
Mojo to buy and sell content for prices that they themselves
determine.“
“This is how it works: Download a free Mojo Nation “agent” and
set it loose. The 2,000 users who are testing the beta version earn
1 million Mojo just for signing up, but new members can earn
currency only by sharing what they already have — unused computer
power on their desktop. Mojo Nation will pay users Mojo for letting
the network “rent” their computer’s disk space, processing power or
whatever else the system needs. The prices change according to the
rules of supply and demand: The more people want of what you’ve
got, the more you can expect to earn.”
“The same goes for buying. Once you’ve earned enough Mojo, you
can then use the agent to search the network and buy the files that
you want, agreeing on prices — for porn, MP3s or other files —
that are determined by market forces.”