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Dear WAVO fans: WAVX is great for WAVO.
WAVX has a patented device called a WaveMeter. It combines encryption and metering capabilities to provide a comprehensive solution for the secure distribution of digital content to users at their personal computers, set-top boxes, or other devices. It enables microtransactions at the point of consumption. Amounts can be computed down to a fraction of a penny. Content can be distributed by wire, over the air, or on physical media. Users need not be online or tethered to a network. When they find content that interests them, they can try, rent, rent-to-own, or buy.
The WAVX system represents a new distribution channel. A fair and efficient meter is good for everybody. Wondering whether people will use the WaveMeter may miss the point that users will go after the content they want. WAVX wants to provide a distribution mechanism that produces microtransactions that are so efficient that everybody benefits -- content seller, platform seller, and end user. As Peter Sprague has said, people don't drive around looking for parking meters. They look for good parking spaces. Build fair and efficient parking meters and they will be used by people acting in their own interests.
The WaveMeter represents a fair, efficient, and economical meter for the distribution of digital intellectual property. Its chip-based, client-side solution creates a win-win-win-win for content provider (WAVO), platform builder, end user, and WAVX. The value of the efficiency it brings to the distribution process can be shared among all sides of an e.commerce transaction. The WaveMeter will make things that are worth paying for flow more efficiently than they have in the past. They will be more readily available, on more flexible terms, with better protection of intellectual property rights. The economies induced by WAVX's new distribution channel will yield savings that can be shared by all players in e.commerce transactions.
The EMBASSY E-Commerce System that WAVX has built around the WaveMeter is a natural for WaveTop. To demonstrate a web-based emulation of EMBASSY, here are three modest samples:
poem: members.tripod.com
y2k quiz: members.tripod.com
spreadsheet: members.tripod.com
Each of these samples has been WaveEnabled as an .SMO file. You can unwrap the "digital shrinkwrap" on the poem or the y2k quiz for a nickel. The spreadsheet costs a quarter. You will have ample chance to look before you leap. All you need is a Wave Account, which you can use to buy WaveEnabled content at Wave's download superstore great-stuff.com or anywhere else you find it (soon, through WaveTop). Setting up an account only takes a minute or two.
Best wishes. |
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