Murmur is the monetization layer for alpha. Murmur transforms informal trust networks into a time-based positive-sum game around topics, allowing participants to influence information propagation velocity. Alpha hunters are incentivized to post first on Murmur to build their reputation and be paid for it. Queue members are empowered to pay to keep valuable information secret until it’s irrelevant for them to keep it for themselves. In essence, Murmur facilitates the controlled sharing of untapped information, offering a competitive advantage to those who act on it strategically.