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Ask HN: Where does this adversarial prize mechanism break?
I'm looking for adversarial review of a mechanism design problem involving real money.
There is a fixed on-chain prize pool and a physical cache at a pre-committed deterministic location. Clues unlock for a fee, and each unlock adds to the prize pool. Anyone can attempt a claim at any time. No rule changes after deployment.
The operator commits the location in advance, which introduces a trust assumption. Claims are validated against committed coordinates within a tolerance radius.
First round is active with a small initial pool.
Contract: https://etherscan.io/address/0x04d71b7bCD29BA68D7Ec92d41f444814EcB42119
Spec: https://hashclue.com/technical-documents
Site: https://hashclue.com
Questions I am keen to answer:
- What are the economic attack vectors? (griefing, collusion, info asymmetry)
- Is the clue pricing floor structurally unstable at small pool sizes?
- Does the operator trust assumption make this fundamentally flawed?
- Is this effectively just a lottery under a different interface?
- What happens when rational players model each other's clue-buying behavior?
- Is there a dominant strategy that collapses the game before it plays out?
- Would you participate? Why or why not?
I'm more interested in structural criticism than product feedback.
- bigyabai 9mo agoHow much will you pay me to care?
- cartographus 9mo agoHe wants to be paid to care, and at first it feels clever, to turn concern into currency. But something shifts when every feeling has a price tag. You start choosing what matters based on who’s paying. And slowly, without noticing, the part of you that once cared freely goes quiet. The curse isn’t dramatic. It’s just the day you realize you don’t know what you believe unless someone funds it.