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small first bounty #940

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owocki opened this issue Apr 23, 2018 · 1 comment
Closed

small first bounty #940

owocki opened this issue Apr 23, 2018 · 1 comment
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discussion This needs a strategic discussion.

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@owocki
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owocki commented Apr 23, 2018

question thats on my mind as i do the data exploration here… is there a tipping point in an end users relationship with gitcoin that will keep them coming back? we get so many people signing up for the mailing list, but only like 1% of them actually follow through with doing a bounty.

facebook famously figured out that if they could get a user to have 20 friends on facebook, they’d keep coming back. whats the equivilent focal point with gitcoin? basically the question i’m asking is: how do we engineer the economics here so that members of the network don’t unsubscribe, ignore the important work in OSS we’re supporting, or otherwise go dark?

from @mbeylin : Something tells me the key metric is about getting new users to earn their first $20 (or something) doing a low hanging fruit bounty that they get enjoyment out of

@mbeacom mbeacom added the discussion This needs a strategic discussion. label Apr 23, 2018
@dolebas
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dolebas commented May 2, 2018

Daily sponsored ~0.01 eth (or fun-coin) try-it-out-bounties could perhaps trigger more interaction in general?

I think the network effect is also an important factor. The 20 friends hurdle can account for different random events with low probability, expected to take place over a certain period of time. Enabling crowdfunding as outlined in #1023 could possibly leverage existing network connections which are already strong in the open source community.

Another interesting avenue to explore could be integration with https://www.onhexel.com and automatically list such community tokens as available for funding bounties?

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@kuhnchris kuhnchris added this to the Product Ideas milestone Aug 6, 2019
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