PROBLEM
Current web2 doubt-solving platforms follow an algorithm that distributes each question to one individual (selected by the platform) at a time, resulting in a variety of negative consequences:
Inefficient Doubt Solving: A question open to the community will be solved faster than one handed to different users and left unanswered for 1-2 hours.
Middlemen Smuggle: A significant portion of the fee for asking a question is taken by the mediator, even though the question is solved by another person. This reduces the willingness to answer more questions.
Equal Incentive for Each Question: Incentives are decided based on the topic, which is often inaccurate. The community should decide which question is worth a certain amount of incentive.
PRODUCT OVERVIEW
We are developing a doubt-solving platform where curious members of the community can post their questions, which will be globally listed, seeking answers from the community. Contributors will be incentivized by a customized PoW algorithm.
Through this platform, we aim to build a peer-to-peer community where everyone’s doubts can be solved in a decentralized manner.
We are eliminating the authorities that limit the flow of knowledge and providing the right to ask questions to every member of the community through this initiative.
MECHANISM:
- Curious members will post questions in specific domains, which will be globally listed, and each community member will have the right to attempt that particular question.
- Every question will have an associated value that the questioner is willing to pay.
- Multiple users with knowledge in that field will attempt to answer the question.
- There will be a time frame within which the answers are eligible for incentivization.
- Only those eligible answer attempts that have been upvoted by the owner will receive a share of the incentive, resulting in an increase in the owner's rating.
- If no answers are upvoted but attempts are made, the incentive will return to the owner, resulting in a decrease in the owner's rating.
- If no attempts are made within the time frame, the incentive will be returned with no loss in the owner’s rating.
How HONESTY is Ensured??
As the community grows, a user will develop a rating that solves two major problems:
- A helper will only answer questions from owners with a good rating, ensuring that the questioner does not unethically take the incentive back.
- An honest person will consistently receive the most answers due to their ratings.
This scenario will definitely be achieved once the community stabilizes.