Oftentimes great ideas fail to find funding through a grant because those who come up with a great proposal are not the right people to complete the proposal. An inducement prize platform separates who comes up with ideas (proposers) and those who complete the ideas (bounty hunters), thereby allowing the best ideas to be elevated based on the quality of the idea itself. It also makes it easier to find others working on the same project because there can be a “competitors and collaborators” tab that shows who else is working on the project. Finally, this opens up ways to accomplish useful tasks to people around the world and particular in lower cost of living countries where they can be paid for accomplishing bounties such as coding tasks.
For those familiar with Xprize funded by Elon Musk and Richard Branson and others, the idea is essentially to create a democratized version of Xprize.
Bountied Rationality Website
Effective Altruism
Oftentimes great ideas fail to find funding through a grant because those who come up with a great proposal are not the right people to complete the proposal. An inducement prize platform separates who comes up with ideas (proposers) and those who complete the ideas (bounty hunters), thereby allowing the best ideas to be elevated based on the quality of the idea itself. It also makes it easier to find others working on the same project because there can be a “competitors and collaborators” tab that shows who else is working on the project. Finally, this opens up ways to accomplish useful tasks to people around the world and particular in lower cost of living countries where they can be paid for accomplishing bounties such as coding tasks.
For those familiar with Xprize funded by Elon Musk and Richard Branson and others, the idea is essentially to create a democratized version of Xprize.
I propose a public list of bountied projects and tasks to incentivize public works, streamline networking, and to decentralize funding. Feel free to comment to ask more or see the following outline: https://docs.google.com/document/d/17h_PtFoRE-W7mRtVZOAyRinAFv542O-kR22VBXxGC6c/edit?usp=sharing