futarchy

just stumbled on this channel and I'm already in love

sharing this piece because I think the mechanism for v2 bounties aligns nicely with futarchy's vision: https://paragraph.xyz/@poidh/poidh-v2

my hope is that these bounties can act as a sort of market signal for what public goods communities value and want to fund

intersubjective mechanism design @ poidh.xyz - come chill /poidh + follow @poidhbot

Cool! What prevents the creator + n other participants from colluding?

social reputation

for a bounty to get donations from people that don't know the bounty creator, the creator will likely need to be someone with some social capital built up

can they then exit scam by getting some other people to vote with them? sure! 

but would prob be a smol scam with cost of nuking reputation

there'll also be a point system built into this similar to Reddit karma that will allow people to, at a glance, figure out if a bounty is from an established trustworthy user or from a first-time anon