Total bounty capped at $600, first come first served.
I have a ideological beef with that “first come first served” bit. At 20 links the cap is exactly filled. If you receive 40 links each linker should get 15$. Even as is, it is nearly impossible to tell whether you are the 22nd linker because of the time gap when 20th link is received and the gap is announced fullfilled might be something like 2 days. With my style there would be a rollingly updated display of what is the current bounty per link, after 80 links new linkers can expect to only ever get up to 7.5$. A real reservation is that if I go fetching a link with 30$ in my mind but eventually only get 15$ I might feel cheated. But the promise isn’t super solid as a “sorry, you were just out of time” can still net you 0$.
At some point you would “close the market”, submissions stop being accepted and money is doled out. The advantage of this old style is that each submission can get instantly rewarded instead of being delayed.
One could also imagine a kind of reverse operation where rather than fetching information we are broadcasting it
$30 for each early access reader
Total paywall capped at 600$, distributed equally among readers
Then a paper having 40 readers would cost 15$ for each new reader to access. This kind of market we do not need to close for the producer, after the 20th reader the author has got their 600$ compensation and the rest is just new readers resharing the burden amongs the old readers.
If you are wondering “who tf would go fetching a link for uncertain reward” then you should be of the opinion that these read licences should sell like hotcakes. “This authors last paper cost 400$ distributed among 4 million readers for which has access price of 0.0001 $. Since you were the 1 millionth reader you have 0.0003 $ free credits to use . Would you be interested to access the new paper costing 600$ that has 600 current readers for access price of $1?”
Not comenting on the referenced content as here we are at:
epistemic status: crazy corner
Something that is very resonant to the approach but has a big point of deviation https://www.lesswrong.com/posts/rCZ9fruWriD6uGNLp/who-are-some-prominent-reasonable-people-who-are-confident
I have a ideological beef with that “first come first served” bit. At 20 links the cap is exactly filled. If you receive 40 links each linker should get 15$. Even as is, it is nearly impossible to tell whether you are the 22nd linker because of the time gap when 20th link is received and the gap is announced fullfilled might be something like 2 days. With my style there would be a rollingly updated display of what is the current bounty per link, after 80 links new linkers can expect to only ever get up to 7.5$. A real reservation is that if I go fetching a link with 30$ in my mind but eventually only get 15$ I might feel cheated. But the promise isn’t super solid as a “sorry, you were just out of time” can still net you 0$.
At some point you would “close the market”, submissions stop being accepted and money is doled out. The advantage of this old style is that each submission can get instantly rewarded instead of being delayed.
One could also imagine a kind of reverse operation where rather than fetching information we are broadcasting it
Then a paper having 40 readers would cost 15$ for each new reader to access. This kind of market we do not need to close for the producer, after the 20th reader the author has got their 600$ compensation and the rest is just new readers resharing the burden amongs the old readers.
If you are wondering “who tf would go fetching a link for uncertain reward” then you should be of the opinion that these read licences should sell like hotcakes. “This authors last paper cost 400$ distributed among 4 million readers for which has access price of 0.0001 $. Since you were the 1 millionth reader you have 0.0003 $ free credits to use . Would you be interested to access the new paper costing 600$ that has 600 current readers for access price of $1?”