One of the biggest issues with existing aggregators is that:
- how well content performs is dependant on the attention it gets immediately after posting.
- However, readers aren’t incentivised to sift carefully through new content, which is generally of lower quality than "frontpage" content
- This means that how content performs is a lottery. Great content is often missed just by chance
- This in turn means that there’s no platform that encourages unknown authors to create high-effort, thoughtful pieces. Instead it’s far more effective to blogspam.
I'm working on a platform that uses something similar to a prediction/stock market to incentivise people to search for high-quality content. Instead of upvoting, you effectively buy shares in new content, which you can then sell at a later point for a profit if the content proves popular. Equally you can buy "downvote shares", which act like a short and help dampen rampant speculation.
It’s early days still, but I’m hoping this could be a great way to encourage higher quality content creation.
Draft paper here: https://drive.google.com/file/d/15Hc6wAXlfl8x5C0w11m7ZOEpbjj...
EDIT:
Since this is a getting a bit of traction, if you're interested in testing it out when I've got a prototype, I've created a mailing list here
https://forms.gle/EEMhkJRSUUAbwDgX6
I think initial community is critical for getting these sorts of things right, so would definitely appreciate having some HN folks to test with.