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Interview with Founder of Minds.com
- rudedogg 8y agoSince users get tokens for interactions with their content, I wonder if the content on sites like this will be worse. You have that incentive everywhere else (the positive feeling of likes, +1s, etc.), but here it's a kind of direct financial reward. It almost seems like "gamifying" content causes it's quality to go down. HN hides upvote/downvote counts for comments, which seems to help.
- O1111OOO 8y agoThis is an interesting experiment on the future of user engagement and the effects of monetization. I suspect that this will improve commenting (compared to other larger, non-HN, sites), as users interested in the reward system will put their best foot forward. It would help commenting immensely if "downvotes" caused a reduction of accumulated rewards but could also lead to a kind of bland (play it safe) mentality. From both a sociological and business model perspective... I find this fascinating. There's a $haring (is caring) aspect to this initial push and a hint of group ownership (like stock holders).