TrendsVC PRO 0042 – CrowdSourcing

Teacher

We’ll see more crowdsourced networks like Helium. Permissionless access may be more valuable than decentralized, inefficient networks. Cuba is a great example. File Size 4.67 MB Format File [1 Report (HTML)]

TrendsVC PRO 0042 – CrowdSourcing

TrendsVC PRO 0042 - CrowdSourcing

Predictions
We’ll see more crowdsourced networks like Helium. Permissionless access may be more valuable than decentralized, inefficient networks. Cuba is a natural example.
Crowdsourced governance will shift from stocks to fractionally-DAOs and owned assets
Opportunities

Download immediately TrendsVC PRO 0042 – CrowdSourcing
Crowdsourced data can help you find the right investment. Check out Product Explorer or Growth Ranker.
Crowdsourced data can be used to determine what next to build. Webflow’s wishlist is full of Micro-SaaS Opportunities
Crowdsource is a great growth tool. Martin invites you to add your Carrd site to Drrac’s directory. This gallery will be used to promote Martin’s digital products and XaaS companies.
Crowdsource content. Piggyback on the others’ platforms with standardized interviews. You can see Build In Public, Indie Hackers, and No Code MBA.
Reward contributors
Trends.vc shoutouts
Genius has IQ Points
Stack Overflow offers a reputation score
GitHub has stars
Yelp offers badges
Reddit has Karma
MTurk pays participants
Key Lessons
Consider revealed preferences, and not those stated. Google, YouTube, Twitter usage behavior-Crowdsourcing is based on crowdsourcing. We may lie. But actions don’t.
Crowdsourcing moves civilization forward. Humanity is built upon the achievements of others.
Haters
“Behavior-based crowdsourcing leads to addictive experiences.”
This proves it’s effectiveness. However, it should not be misused. In separate reports, we discuss the pros and cons associated with gamification.
“You mentioned Kickstarter. This is crowdfunding.”
Yes. Crowdsourcing (of capital or demand) is possible.
“These platforms steal data from users.”
Each platform has its own rules. Users can choose to use each one.-in.
“mTurk pays below minimum wage.”
Who’s minimum wage? And would it be better if mTurk didn’t exist?
“What about low-quality contributions?”
Crowdsourcing can be used to ensure quality assurance. Stack Overflow, Genius and others use voting systems.
“What’s the difference between crowdsourcing and outsourcing?”
They do not have to be mutually exclusive. Crowdsourcing is outsourcing. Crowdsourcing is outsourcing. “payment” This may be intrinsic.
Links

Download immediately TrendsVC PRO 0042 – CrowdSourcing
How To Find Hidden Value That Others Miss • Franklin Leonard, founder of The Black List, built a system to find the best screenplays.
Pieter Levels • As a solo founder, he’s crowdsourced products like the MAKE book, NomadList, Hoodmaps and more.
A Masterclass in Crowdsourcing • Duolingo tapped into hard-to-Scale up your skills
Gamification • Study incentive design to successfully crowdsource.
Micro-Marketplaces • Like paid communities, crowdsourcing is native to this model.
Become a Trends Pro Member
Click here for the Trends Pro community. Get the complete Trends Pro library and the next 52 Trends Pro report.
What you’ll get:
25 Types of Crowdsourcing (400% more)
80 Crowdsourcing Examples (433% More)
4 Predictions (plus 100% more)
16 Opportunities (220% More)
5 Key Lessons (150% More)
16 Summarized links (220% More).
With Trends Pro you’ll learn:
( Pro) How do you crowdsource sales
( Pro) What examples of this are there? “hidden” crowdsourcing?
( Pro) How can you crowdsource deal flow?
(Pro) What are the 3 main characteristics of viral campaigns?
(Pro) Does intrinsic motivation produce better results than extrinsic rewards when it comes to achieving goals?
(Pro) Yelp is replacing non-Crowdsourced platforms
(Pro) What does it mean to be two?-Way rating systems can crowdsource trust
and a lot more…