An aggregator ala reddit/hackernews/twitter that uses a market mechanism to better incentivise content discovery.
One of the biggest issues with existing aggregators is that:
- how well content performs is dependant on the attention it gets immediately after posting.
- However, readers aren’t incentivised to sift carefully through new content, which is generally of lower quality than "frontpage" content
- This means that how content performs is a lottery. Great content is often missed just by chance
- This in turn means that there’s no platform that encourages unknown authors to create high-effort, thoughtful pieces. Instead it’s far more effective to blogspam.
I'm working on a platform that uses something similar to a prediction/stock market to incentivise people to search for high-quality content. Instead of upvoting, you effectively buy shares in new content, which you can then sell at a later point for a profit if the content proves popular. Equally you can buy "downvote shares", which act like a short and help dampen rampant speculation.
It’s early days still, but I’m hoping this could be a great way to encourage higher quality content creation.
Draft paper here:
https://drive.google.com/file/d/15Hc6wAXlfl8x5C0w11m7ZOEpbjj...
EDIT:
Since this is a getting a bit of traction, if you're interested in testing it out when I've got a prototype, I've created a mailing list here
https://forms.gle/EEMhkJRSUUAbwDgX6
I think initial community is critical for getting these sorts of things right, so would definitely appreciate having some HN folks to test with.
One of the biggest issues with existing aggregators is that:
- how well content performs is dependant on the attention it gets immediately after posting.
- However, readers aren’t incentivised to sift carefully through new content, which is generally of lower quality than "frontpage" content
- This means that how content performs is a lottery. Great content is often missed just by chance
- This in turn means that there’s no platform that encourages unknown authors to create high-effort, thoughtful pieces. Instead it’s far more effective to blogspam.
I'm working on a platform that uses something similar to a prediction/stock market to incentivise people to search for high-quality content. Instead of upvoting, you effectively buy shares in new content, which you can then sell at a later point for a profit if the content proves popular. Equally you can buy "downvote shares", which act like a short and help dampen rampant speculation.
It’s early days still, but I’m hoping this could be a great way to encourage higher quality content creation.
Draft paper here: https://drive.google.com/file/d/15Hc6wAXlfl8x5C0w11m7ZOEpbjj...
EDIT:
Since this is a getting a bit of traction, if you're interested in testing it out when I've got a prototype, I've created a mailing list here
https://forms.gle/EEMhkJRSUUAbwDgX6
I think initial community is critical for getting these sorts of things right, so would definitely appreciate having some HN folks to test with.