Mojo Nation's virtual economy

You just have to love the idea behind Mojo Nation. Check this out:
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.

Sounds like a cross breed between Napster and a ratio pirate FTP site. Thing is, these guys are armed with lawyers, and they hope to carve out a space for this sort of thing. Maybe I'm just taken with the concept, but it seems to me they might have a chance to succeed. You can grab the Mojo Nation software at their site, though I've not tried it yet. Post a comment for us with your impressions if you try it.
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