Good Pivot / Bad Pivot? Which opinions will a majority of manifolders endorse about the plan for Manifold cash prizes?
95
19kṀ38k
resolved May 5
Resolved
50%
If I am forced to verify my identity to create markets, I will stop using the site instead
Resolved
YES
Chumba sounds like a site that gets knocked down but gets up again (No one's ever gonna keep it down)
Resolved
YES
I would probably never have joined Manifold if the pivot had happened before I joined
Resolved
YES
Manifold will become more cutthroat on the market creation side; owning the largest/official/canonical version of a market, being first to ask an obvious question, etc
Resolved
YES
Fliff and Chumba feel like a Rick and Morty interdimensional cable episode
Resolved
YES
It’s hard to predict which new markets will be good/popular/interesting, and increased market creation costs hurt experimentation
Resolved
YES
Personal/niche/silly markets are highly disincentivized and they were one of the most fun aspects of Manifold.
Resolved
YES
Bounties are a valuable part of the site and it's a mistake to discontinue them
Resolved
YES
I will likely end up spending significantly less time per day on the site post-pivot
Resolved
YES
I'm worried that the culture of Manifold will get worse after the Pivot
Resolved
YES
I do not foresee myself ever attempting to convert prize points to real money
Resolved
YES
Changes to market mechanisms (e.g. removing the option to NA) will mean Prop Bets from collective contributions are either clunky or nonexistent on the site, which is a great loss
Resolved
YES
Manifold will become more cuthroat, because real money is on the line.
Resolved
YES
Even given all the other changes being made in the pivot, and assuming there's no other simple way to fix the exploits with them, removing N/A resolutions has way more cons than pros.
Resolved
YES
I would pay real money to attract traders to answer a question I care about
Resolved
YES
I'm sympathetic to the need to move towards a financially stable model, but a substantial number of changes announced seem actively harmful to manifold, either as I currently enjoy it, or as an entity moving forward.
Resolved
YES
Mana sinks would work better (more ways to spend mana, to change themes or vote on holiday events etc.) and would better balance culture and sustainability
Resolved
YES
Manifold should seriously consider getting acquired by a company that would keep the play money experience intact (Kalshi, Polymarket, etc)
Resolved
YES
Manifold in its current state (pre-pivot) is not viable as a for-profit company
Resolved
YES
I will be less likely to recommend trying Manifold to someone post-pivot

This market lists various opinions I've heard about the proposed Manifold Pivot.

This is a combination market/poll. I've added a few opinions I've heard, and you can add your own too.

Buy YES in an opinion you endorse, buy NO in an opinion you anti-endorse. Each holder of YES is a single vote for YES, each holder of NO is a single vote for NO.

At market close at noon on 5/4, I will tally the votes and resolve each option to the majority position.

More details for those that haven't read the post:

We are working today on a killer feature that will supercharge your forecasts: real cash prizes. Our plan is to enable cash payouts under the sweepstakes model, as used by sites like Fliff and Chumba.

Mana will remain as a purely play-money currency used to bet on markets. But, most markets will payout sweepstakes Prize Points instead of Mana. Prize Points can be either converted back into mana or be redeemed for cash. The sweepstakes model has more restrictions and is importantly different from real-cash betting, but we hope it provides the incentive people need to bring higher quality forecasting to our platform.

The path to enabling cash payouts will be long and uncertain. It’s possible it won’t happen at all. We are working very closely with our lawyers, but it’s likely we won’t be able to roll out payouts for at least another month or two.

  • Mana purchase rate

    • The maximum mana purchase rate will change to $1 : M1,000 on May 1st, 2024.

    • Users will be able to cash out to charity under the previous rate of M100 : $1 in the interim period before May 1st (see below).

    • We are temporarily disabling mana purchases under the old rates. We will re-enable purchases at the new rates on May 1st.

  • Profit backfill

    • We will backfill profits on users’ profile pages and the site leaderboard to be 10x higher, in line with the mana purchase changes

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