4 ms·

We think there is a market for information somewhere in between free, open sites like Quora/StackOverflow, and expensive, closed sites like Experts Exchange. O

We think there is a market for information somewhere in between free, open sites like Quora/StackOverflow, and expensive, closed sites like Experts Exchange. Our hypothesis is that by adding bounties to the equation, the quality + speed of the answers you receive will increase due to competition for the bounty.

ilikerashers 9y ago
I often find Quora answers to be thinly veiled marketing by "growth hackers". They are getting paid indirectly and it lowers answer standards.
unkown-unknowns 9y ago
> Our hypothesis is that by adding bounties to the equation, the quality + speed of the answers you receive will increase due to competition for the bounty. Well, either that or maybe the opposite. When there's a financial incentive people will respond to as many questions as possible just out of hope that they'll be awarded for any of the answers. If that happens then that will kill the quality of the answers. Good answers take time to research or require knowledge that only a minority of people have for any specific question. Spewing out garbage answers takes no time and no skill so it's more likely that more people will be doing that.
- TheSpiceIsLife 9y ago
  Also, what I'd you receive a satisfactory answer and agree to pay the bounty. Now the ten better answers never get posted. Currently, the default timeframe for answering and voting on a question is 24 hours. This may change in the future, and we may also allow question askers to choose their own time durations. What happens if my question receives no answers? If your question receives no answers and the answering period has expired, you will be re-funded the bounty amount less any transaction fees. Keep in mind that Cent is all about timing - try posting your question again when you feel the moment is right. I live in Tasmania (+10hrs). How am I going to know when global domain experts are awake and ready to respond?
MichaelGG 9y ago
But How likely is it that the Bounty is going to be remotely near what a subject matter expert is worth? If I'm going to spend my time providing an in-depth answer for someone is the fact that I'll get two bucks really going to motivate me? Once you introduce money you're putting a definite value on someone's time and knowledge and it just seems like the amounts won't be enough to make that a positive experience. But if there was a way to reach experts and offer enough serious compensation in an easy to do way, it could take off. There's been plenty of times where I'd be willing to toss fifty or a hundred bucks to get a quick answer, something that only take a couple minutes from someone familiar with the subject. It might help if you find a way to piggyback off of something like stack overflow. I wish you success.

ilikerashers 9y ago

I often find Quora answers to be thinly veiled marketing by "growth hackers". They are getting paid indirectly and it lowers answer standards.

unkown-unknowns 9y ago

> Our hypothesis is that by adding bounties to the equation, the quality + speed of the answers you receive will increase due to competition for the bounty. Well, either that or maybe the opposite. When there's a financial incentive people will respond to as many questions as possible just out of hope that they'll be awarded for any of the answers. If that happens then that will kill the quality of the answers. Good answers take time to research or require knowledge that only a minority of people have for any specific question. Spewing out garbage answers takes no time and no skill so it's more likely that more people will be doing that.

TheSpiceIsLife 9y ago
Also, what I'd you receive a satisfactory answer and agree to pay the bounty. Now the ten better answers never get posted. Currently, the default timeframe for answering and voting on a question is 24 hours. This may change in the future, and we may also allow question askers to choose their own time durations. What happens if my question receives no answers? If your question receives no answers and the answering period has expired, you will be re-funded the bounty amount less any transaction fees. Keep in mind that Cent is all about timing - try posting your question again when you feel the moment is right. I live in Tasmania (+10hrs). How am I going to know when global domain experts are awake and ready to respond?

MichaelGG 9y ago

But How likely is it that the Bounty is going to be remotely near what a subject matter expert is worth? If I'm going to spend my time providing an in-depth answer for someone is the fact that I'll get two bucks really going to motivate me? Once you introduce money you're putting a definite value on someone's time and knowledge and it just seems like the amounts won't be enough to make that a positive experience. But if there was a way to reach experts and offer enough serious compensation in an easy to do way, it could take off. There's been plenty of times where I'd be willing to toss fifty or a hundred bucks to get a quick answer, something that only take a couple minutes from someone familiar with the subject. It might help if you find a way to piggyback off of something like stack overflow. I wish you success.