Preamble

Idea: 121-swarm-compensation
Title: Swarm Compensation
Status: In Progress
Created: 2018-04-02
Related: 120-swarm-process

Summary

Ultimately we would like Status to become a public good, owned, developed and ran by it’s very own users. In order to achieve that we need to open up our processes for contributions from “the outside” and establish ways for users to propose & incentivise projects they see as important.

Swarms are our current attempt at enabling this. They are ephemeral teams forming to achieve a specified goal and disbanding once achieved or failure becomes apparent. Their defined lifetime and -cycle encourage constant re-evaluation &. evolution.

Compensating contributors for their work is an important component of this and where 120-swarm-process focuses on establishing a baseline of processes that are open to everyone this idea will focus on experimentally devising compensation mechanisms.

Swarm Participants

Product Overview

This swarm will define four experimental compensation mechanisms and recruit upcoming swarms to participate in this experiment.

The compensation mechanisms should be judged according to the following criteria:

Checkpoints

Checkpoint 1 — 2018-04-13

Checkpoint 2 — 2018-04-27

Checkpoint 3 — 2018-05-31

Exit Criteria

Conduct four experiments and evaluate them based on the criteria outlined above. Give recommendation on what kind of compensation mechanism should be enabled by Status OpenBounty.

Metrics Affected

OpenBounty Transaction Volume

While these experimental compensation payouts won’t happen through the OpenBounty platform these transactions could still be counted as part of OpenBounty as they will ultimately inform what compensation models will find their way into OpenBounty.

SNT Utility

Once these experiments translate to changes in the OpenBounty product SNT holders will be able to directly support changes they see as important. This will increase SNT utility and distribute ownership of the Status platform.

Copyright and related rights waived via CC0.