How do we do effective micro-bounties?
With the advent of blockchain technologies, it is extremely easy to micro-incentivize large groups of people to your cause. The science of how to strengthen your cause with micro-incentives is still in its infancy. I hope you'll join me in thinking about ways we might employ this technology to its fullest potential. For now, these are my thoughts:
Infinitely repeatable micro-bounties, like "post a comment on a newsarticle," should be limited by the total amount one wishes to spend on that bounty per unit of time, e.g.100 PTS a week. Then we can either end the bounty each week when the 100 PTS is used up, or divide the 100 PTS among the completed tasks each week. In either case we can fix or weigh each contribution. Weighing is costly because judgement is costly. Price fixing is costly because we overpay for low-end contributions.
Non-repeatable micro-bounties, like "translate article Z into Chinese," must be handled differently. In fact, no-repeatable micro-bounties may often be too small to warrant even a thread in this section, so we should have some retrospective tipping function for minor achievements that people can seek on their own and report and document afterwards to the community. Tipping should be as easy as typing
for both the I3 crew and the core community.