Will Manifold solve the "user cred" problem by the end of 2022?
12
1
แน€222
resolved Jan 1
Resolved
NO
Everybody loves having internet points that say how cool they are. M$ in your wallet is *nice*, but given that people can just buy M$ with real $, it isn't fully satisfying. Likewise for e.g. total profit--it's obviously an improvement, but I kind of suspect it has a lot to do with how much leverage you have, i.e. are you willing to spend $ on M$. Will Manifold figure out a satisfying internet points number to show us about ourselves and each other, by the end of the year? Resolution criteria: I look upon their solution and see that it is good (or not). Willing to be influenced by group opinion on this matter.
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Really difficult problem. Another problem with any user cred metric is that someone who has been on the platform longer has had more time to make profits. Some profits came from free market exploits that are no longer available. And some come from dumb luck.
My leading proposal is some kind of equity token (or perpetual swap) that tracks the "reputation" of each creator, and is freely tradeable as well. Though, I'm not sure what exactly grounds the value of this "reputation" - could be a separate like donation system, where you're betting that they will receive a certain amount of donations for the markets they've created. Or a star rating system. Or the amount of Manifold Bounties they will receive. The dumbest thing to track/vote on/invest in is just their total portfolio or their total profit, but as you say that turns into a function of their external money. Other fun maybe metrics: their leaderboard positions for market volume; or hypothetical leaderboard positions on number of followers, markets created, etc
Yeah I was thinking about this too. It's sort of weird -- it seems obvious that what I am trying to accumulate in a play money market is reputation, yet in this case I can just buy reputation coin.