Vitalik Buterin pfp
Vitalik Buterin
@vitalik.eth
"RFPs put people in competition with each other, they do not encourage collaboration" - panelist at a public health event I am attending But doesn't any funding mechanism that has a fixed amount of money to give away put people in competition with each other? What are the best ways to minimize this?
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Varun Srinivasan pfp
Varun Srinivasan
@v
If you don’t encourage any competition, you’re going to get mediocre results imo I think the size of the prize is the best lever to control balance between competition and collaboration. If it’s large enough, groups of people will be willing to team up to split winnings.
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
💯 , I remember when code4rena had a $1M bounty for OpenSea security audit, and whole teams formed to compete
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leoclark.⌐◨-◨ ↑ᖽ🎩 pfp
leoclark.⌐◨-◨ ↑ᖽ🎩
@leoclark.eth
Agreed. I think xprize is a great example of that.
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