Forrest Prize Coins (FPCs) and Forrest Prize NFTs (FPNFTs) are given out by Forrest (and friends?) for exemplary literature.
FPCs replace the Booker Prize, because the Booker Prize sucks. - Forrest
Potential applications:
- Grant FPCs to users, allow users to use FPCs to vote for their favorite books.
- Author of the books receive FPCs → infer prestige
- Limited number of FPCs per user → force rank favorites, incentivize more meaningful recommendations
- Users can grant each other FPCs for creative work → incentivize creativity