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I think gamifying it is the right way to go- I've thought of this idea, but in another context. I don't understand how the "selling shares" would work though.
by medium_burrito 6y ago
I think gamifying it is the right way to go- I've thought of this idea, but in another context. I don't understand how the "selling shares" would work though.
I could imagine one mechanism is that you make bets on how popular content will be, and get rewarded if it is popular (number of clicks, comments, etc.) ie popularity handicapping.
What do you do with the rewards of your bets? Maybe allow you to bump stuff to the main page? Promote content? I couldn't imagine paying for this, however.
Alternatively, you could use the mechanism to identify people who are good at identifying interesting content, and having a leaderboard of people who find cool shit. That might be monetizeable.
- enjeyw 6y ago> I don't understand how the "selling shares" would work though Basically at any point the cost in USD/other of creating an upvote is a function of the existing number of upvotes and downvotes. Eg if a piece of content has 3 upvotes, the cost to create another new upvote might be $0.07, but if the content as 100 upvotes, that cost might be $1.40. Equally at any point, you can "sell" your upvote at that same cost ($0.07 @ 3, $1.40 @ 100). The way the maths works out means that finances are conserved, so the investment return for selling comes from the market itselm. In terms of rewards, I was thinking actual money, just in very small amounts. People love speculating on markets so i think it's feasible.
- panopticon 6y ago> the investment return for selling comes from the market itselm Sorry if I'm misunderstanding this, but am I'm selling my shares to other users to recoup my investment? Why would other users be interesting in buying my shares of an article that was on the "front page" 3 days ago?