Mechanism proposal: PATRON-ONLY

Projects setting their goal creates problems. Here is a PATRON-ONLY approach that dodges the issue by handing over the keys to the Patrons:

1. Patron decides what amount to pledge
2. Patron decides towards what @goal to pledge (never less than the actual)
3. Projects can add customized presets for @goals in the pledge form
4. Project collect donations from pledges on a per patron basis every month.

note: goals not expressed in patrons or $ yet :wink:

benefits:

  • Consensus about a goal is an emerging property
  • Patron role is a more active and has more control
  • Projects can promote ā€œTHEIRā€ goals as possible presets
    ā€¦ probably more

downsides:

  • Patron role is more demanding (set two values)
  • We need to iron out possible gaming levers (like intentionally pledging @ very low valuesā€¦)
    ā€¦probably more
1 Appreciation

I think Iā€™m missing the rest of the mechanism. Since the graphic is a little ambiguous, what happens to the money once the pledge and goal is set?

Am I to assume that everything else is handled the same way as the ā€œGoal Scalingā€ mechanism?

Yes, basic assumptions like a monthly payout remain.

Right Iā€™m not talking about those basic assumptions, I know itā€™s still monthly payout, goals are tried to be reached, etc.

But where is the rest of the mechanism? Is this just a tweak to the Goal Scaling one or is it something new? Your answer was confusing. (To me)

I think this is the part that needs expounding. The whole core of the mechanism is in this step. Right now it doesnā€™t even seem to include crowdmatching at all. Itā€™s just people giving money monthly, with a desired goal tagged. How are patrons matching each other? How is the snowdrift dilemma overcome?

2 Appreciations

Consider our current live model with one tweak: budget caps donā€™t kick you out, you just stay at your limit and stop matching. Isnā€™t that similar to (but simpler than) this new proposal?

The reason I/we opposed that was because the matching is deceptive. Like ā€œIā€™m not actually getting matched by the other patrons because a bunch of them are at their budget limitā€.

So, in the example, thereā€™s the awkwardness that the maxed-out patron is still being counted in the other patronsā€™ numbers. The extreme case would be most or all patrons are maxed out, and then the premise that a new patron joining is getting matched would be wrong.

Maybe thereā€™s a way to show prospective patrons what matching offers are active, but I think overall this is not a direction we would actually choose.

2 Appreciations

Patrons contribute to the growth of a projects support ā€“ on their own terms. The accumulated support is directly connected to the support of other patrons ā€“ on their terms. If a supporter stops supporting it affects all other.

Here is more detail on the collection;

  • the project has a varying success in getting patrons and funds, trying to increase both.
  • patrons invent their own contract on how much they give and at what speed they raise their donation and until what point ā€“ all along the properties of the project.
  • the project is passive and just receives.

Does that clarify it more? Iā€™m not trying to be nebulous about it.

I would not call those similar. Patrons setting a range makes a huge difference for example. You can support a project until it is insanely successful with just five dollars. Youā€™d just match $5@1.000.000.000. Or $5@500 ā€“ you decide.

You seem to talk about your own example here, not what Iā€™m proposing. :face_with_monocle: , right? Please stick to the proposal. I donā€™t think the exact problem you see applies.

Maxed out patrons contribute to both success factors (patrons/donations) by just being part of the whole crowd. We just let patrons decide how far matching goes. So far our alternatives are:

(A) ā€“ let their purse decide, aka: as long as your money does not run out youā€™re in
(B) ā€“ let the projects decide, having an incentive to gather much & quick

Letting patrons decide runs the ā€œdangerā€ of them maxing out ā€œquickā€ ā€“ but they still help people that DO care about matching even further. And thatā€™s ā€“ within reasonable bounds ā€“ the vast majority, otherwise people could just Paypal themselves into oblivionā€¦

My proposal does not let go of people that reach their limit, keeping them in the crowd. And at the same time it creates a collective idea of a goal ā€“ without giving up control to any party.

2 Appreciations

!Note:

look at the ā€œmaxed outā€ yellow patron. When that patron leaves, all other shown patrons would pay less !!

1 Appreciation

I understand that if I have a high-goal (Iā€™m not maxing out), that Iā€™m donating more because of the presence of all active patrons.

But if any portion of the other patrons are maxed out, then when I pledge, I get no matching from any of them. The premise that weā€™re all matching each other is gone.

In short: any model that lets patrons sit at maxed-out amount but still count in the crowd-size has the same problem as the tweaked-current-model that I mentioned above. It harms the basic concept that weā€™re all in this together, all matching each other.

After some separate chats, I think this proposal is similar to some others Iā€™ve seen thrown out. In a sense, the patrons who are maxed out already are a foundation, and others are working toward ā€œstretchā€ goals (and we could maybe prompt the foundation patrons to consider opting-in to higher-budget, same-match-rate to help continue further matching). And @mray emphasized that perhaps new patrons could be required to pledge to goals that havenā€™t been already met.

Instead of random order of patrons, it would help me feel comfortable with this if the maxed-out patrons were segregated to the bottom of a chart, so like if I could see the stat of the total maxed-out patrons. Thus, I would know when I pledge, that they wonā€™t be matching me (unless the crowd shrinks), and Iā€™m in this part of the crowd that is still pushing toward higher goals.

This is a UX issue, but I wouldnā€™t like the sense that when I pledge, I canā€™t readily tell what portion of the crowd will be matching me.

Yes, but thereā€™s more to it. After all, you are still getting matched by others who are not maxed out. I would state it as, anybody can choose to join at an already-reached level and get matched without withholding anything for matching, leaving no incentive for patrons to join after them.

Scenario: If patrons do that, the project income is not likely to reach as high.
  1. Say new patrons pledge@1000 until the project is @ 2000.
    • The new patrons are donating 100% // withholding $0.
    • If I pledge, I will only be matched by gray.
  2. Or maybe they pledged@3000, also until the project is @ 2000.
    • The new patrons are donating 67% // withholding 33%.
    • If I pledge, I will be matched by gray and all the new patrons.

In both cases, I would be donating $60 // withholding $30. In (2), the project is getting less money, but thereā€™s more matching available if I join. I assume that this will make me, and anyone else considering pledging, more likely to do it. Therefore, the project is more likely to reach 3000.

Is that a problem? Itā€™s a matter of ambition. If we are shooting for a way to make the status quo more sustainable, Iā€™d argue not. But I think weā€™d like to shoot higher than that ā€” I want FLO to out-compete proprietary stuff.

The thing is, this proposal relies on new patrons independently having the ambition to reach a higher goal (scenario: 3000). Which nobody has right now (thanks a lot, status quo).


Edit: Moved my proposal to a new thread: Mechanism Proposal: Stacked Goals

2 Appreciations

Why would you want to know? ā€“ In what way would it change your decision to set up your pledge and @goal?

Youā€™re right. Since nobody can dictate what a sensible goal is, patrons are free to make up their mind. This is where I see snowdrift.coop offering the options to projects to communicate and invite people to share their dream. Not having a free-for-all form field makes a huge difference. Projects could advertise the @3000 variant or any other, and do so more or less convincing. But ultimately it remains outside the controls of a project.

The way I see my participation (not presuming this for anyone else per se), Iā€™m focused on what effect my decisions may or may not have on whether other people are contributing. I feel motivated to take decisions that I see as encouraging others or where others are joining me in acting together.

Iā€™m asking myself, ā€œwhat is this agreement Iā€™m buying into?ā€ And if itā€™s unclear, like ā€œeveryone is setting their own match-rate and their own budget cap, and some portion are already maxed outā€, the complexity of making sense of it all leads me to hesitate. I imagine this sort of situation generally losing me, Iā€™m just unsure what to think, so I leave and go put my attention elsewhere.

Whereas the current MVP model where all patrons are the same, I can readily understand. I get it right away, and then I can think for a moment and decide to pledge.

Youā€™re literally agreeing to what your pledge says. Youā€™re willing to be part of a bright future, defining ā€œbrightā€ and ā€œpartā€ to your liking.