Comment by adrianwaj
7 months ago
Some type of crypto bounty site for ideas such as the ones listed on this page. So not whoishiring, but whoispaying.
Pledged funds returned if funding goal not obtained. Milestones voted upon for new funds to be released - or just multi-stage projects.
Big bounties paid here: https://hackenproof.com/
This Bounty site should be good for getting long-tail coins off the ground - get a buch of cool/useful apps developed so the underlying coins can go viral. Have some coins in your back pocket too.
Bitcoin and Ethereum are silly to use if you're smart and want to make an impact on the price. Leave those to the banking mafia. Although any apps will probably be replicated to them if they're successful and especially if open-source. At least there's a head start. That said, EVM is compatible to multiple chains.
Checkout rofl.app platform (Oasis) - only because it's new and being hyped right now. There are other ones too, obviously.
In my previous comment, I suggest 2 ideas in the areas of localized prediction markets and rentals in the Access Economy. Gambling and predictions are different things although there is overlap. Predictions can be used to bring focus to new narratives. That's powerful. The observer can also influence the observed.
Life is going to get a lot harder for many as inequality increases, but that belief doesn't have to be set in stone.
> Some type of crypto bounty site
It's a hard problem to solve, especially for decentralized ones -- who attests that the job is complete, who releases the funds, how do disputes work
And like all two-sided marketplaces, quality is a trap: great bounties attract noise; noise burns out funders; and without strong filtering (managed by whom w/ what kinds of incentives), things degrade fast
But yeah, wish there were more solid options. It's an interesting space and there's a lot of opportunity for people who can get it right.
The builder splits their work into milestones and the funds get released at the beginning of each milestone. Users are just group-buying someone to do some work. The builder is getting a reputation in the process. Think ebay.
When work received, the funders rank work according to overall quality, and quality against the expectations set. It's like ranking a purchase on ebay.. overall was this purchase good? How many stars? etc.
Who resolves the disputes? No one. The funds go into escrow for 2 weeks, if over 70% of funders reject the work, the funds are returned. Not sure if some funds can be retained, however. I suppose the "rejection retainer" can be customized. Also, the builder's code can go into escrow too so the builder keeps their code. The problem is crap code, what if the product is good but the code ends up bad? I suppose too bad.. the builder just suffers reputation wise.
Also, the builder's dev environment can be streamed as well, and an ongoing conversation can occur. There's a sharing and collaborative process. That will keep users aligned. Like with gaming or music creation. Potential funders can watch someone work and think.. is this someone I want to work with? So it's about making it personal, but with rules in place and removing the need for arbitration. That doesn't have to be a must, but can work for some situations.
The bare-bones product can be fairly black and white and gradually build features as problems/opportunities arise.
Perhaps builders can choose or at least know about their funders' rejection rates in advance and actually select their funders if a project is over-demanded (under-priced?) Sort of like Hipcamp hosts' response rate and wait-time - would you message someone who never responds? The key is reputation on both sides - like ebay. Hipcamp hosts also can reject bookings for their listings if it's not an Instant Book so bookings are discretionary.
Also, maybe funder and builder wallet totals can be revealed. Would it help to know if one of your funders or builders is a billionaire? What do you think? I suppose it could be optional. It'd be more for status, because you can easily fake a low wallet balance, but can't fake a high one, or not easily.
"Oh, I know absolutely nothing about this funder, except that he/she is friggin' loaded... oh wait, maybe I can charge more.. or less! This coin is going to be pumped 'til kingdom come!" So there's a name for it - "KingdomCome" or just Kingdom...KingDome?!