I like the idea of community ownership, but I have no idea what the result of it will be, and what affect it might have on the site. There are all different kinds of value. Can monetary value be shared by the userbase in a meaningful and positive way?
If this is a direction you all want to go I'd be happy to contribute. Now I'm just wondering who's paying for all this? Hubski is great and growing every day. Thanks to whoever is keeping the servers on. I like it here.
Take THAT! P.S. I'd still make a monetary donation if you'd let me. Not expecting any returns on a $$$'s investment. Already made huge brain gains, and all I put in was time. Can't I recompense with the dominant currency of our society? If you prefer BTC, that can be arranged.
A time will come when you can. It is something that we have thought a lot about, and continue to think on. It's funny, when colored coins were released, I told the team to start thinking about how crypto-currencies might play a role in Hubski's future. It's interesting to see Reddit is thinking along the similar lines. The ability to track and transact value in such a programmatic way brings certain advantages when you have a shared space that costs money. That being said, I don't think people are here for the money, and even if they were, we couldn't give them much of it without building a monster.Can't I recompense with the dominant currency of our society? If you prefer BTC, that can be arranged.
He must be convinced that Reddit can make more money than it currently does. AFAIK, revenue is not something that comes easy to them. 50M of VC at a 500M valuation is going to require that they become significantly more profitable. Perhaps this revenue-sharing model may be a way for them to make upcoming monetization moves more palatable to the community.