Next Edge Support Systems for Early Stage Funders
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How Next Edge can help early-stage donors and social investors
lever their resources
Link | SUBGROUP CONSENSUS | Resource Pledges | Time Pledges | Innocentive-Style Competitions | Games for Sustainability | Future Onramps |
---|---|---|---|---|---|---|
Proposed name of initiative | NextEdge Resource Pool | NextEdge Volunteer Pool | Attention Wagers | |||
Subtitle | Seeding Next Edge innovation | Pool "gift certificates" of personal research time for funded
projects | Solve the big challenges | |||
Summary Description | A system for members of Next Edge – and later, other tribes? – to
bootstrap gamechanging initiatives through pledged gifts of
resources | Pledge __ hours of research help to others in the community (on
topics of their choosing), if three others pledge to do the same.
Build visibility and relationships with other NextEdgers | Receive curated NextEdge insights useful to your projects. Give
NextEdge Breakthrough currency to the degree the insights are
helpful. If you want, wager your own reputation points when you see
a way to help others. | |||
Visual | ||||||
Quote | Kevin Jones: "there is too much to catch on the next edge..." | |||||
Related Examples | "Tribefunding" smartermoney.nl/... | beex.org is.gd/... | innocentive.com | |||
When to use | Useful when members of online groups want to help launch
breakthrough ventures | When we have time and are feeling generous | When we feel Overwhelmed | |||
When not to use | Not useful when individual tribe members have enough
resources | When our time's too short | When we just want the raw feed | |||
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1. ATTRACTOR - what makes this interesting | Next Edgers can pledge resources – such as funds, volunteer
help, and Frequent Flyer miles gifts – to seed gamechanging
ventures | Give a boost to NextEdgers or aligned projects you most admire
(with a prospect of reputation-building feedback) | Get a "Catch of the Day" (curated NextEdge inbox) to solve the biggest challenges you're facing | |||
2. CHALLENGE(S) - tensions addressed | Old policies and institutions are failing, yet innovators are
struggling | 1) Many nascent NextEdge initiatives need volunteer help 2) NextEdgers now lack a system to offer help – and to receive ratings/references that lift value of their personal currencies | 1) We're all drowning in the exaflood 2) New talent coming into NextEdge has no clear way to earn reputation by adding value to breakthrough initiatives | |||
3. OPPORTUNITY - vision of achievable change |
| (as a giver) - Good feelings from helping out - Relationship/visibility with other NextEdgers - Reputation boost for personal currency (as a receiver) - Free help for projects you value | See & rate items sent by other NextEdgers (in your "Attention
Wager" inbox) for solutions to your greatest project
challenges Award NextEdge Breakthrough Wager currency to the degree that items help solve your posted Innocentive-style prize challenge | |||
4. STRATEGY - proposed steps to make the change | Preferred strategy
Other promising paths:
| 1) Evaluate fit of pledge sites (beex.org,
pledgebank.org, etc) for NextEdge love bombs 2) Create simple web site for Next Edgers to create, issue, track redemption of personal "gift certificates of time", and a rating system for recipients to leave feedback on completion of each project 3) Approach Tribesourcing/Crowd Fund subgroup on Next Edge about a joint pilot project 4) Do beta test with one or more admired NextEdgers as initial Love Bomb recipients 5) Improve the system based on the beta test 6) Conduct a full-fledged Next Edge pilot 7) "Productize" the system as an open source app that can be shared with other Next Edge-aligned tribes | 1) Participants post summaries of their active projects and related
Innocentive-style prize challenges in a NextEdge Breakthrough Wager
page, and agree to update their profiles at least once each week
during a two-month trial period 2) Each participant recieves 1000 NextEdge Breakthrough currency points upon completing the profile, with another 50 added per week. 3) Participants go about their respective activities. When a person comes across something of apparent value to a posted Innocentive-style prize, he or she forwards the link to the prize offerer. The subject line contains something like "Mark Frazier wagers 200 points that is.gd/... will be useful to Devin Balkind in getting land for his intentional community." 4) The originator of the prize challenge wins all of the wagered currency in the event that he or she deems the resource link to be of no value. (A notice of this, plus a brief note on the reason it lacked value, would be sent to the person who made the bet to help tune any future wagers) But if the message had some value, the prize giver might send back (for example) 100 Breakthrough Currency credits - a signal that the bettor was somewhat close, but not quite understanding what the prizegiver was seeking. And the "jackpot" prize would be given in the (rare) cases when a person deemed their Breakthrough Challenge to be completely solved. Such flows could help individuals build substantial holdings of NextEdge Breakthrough Currency by consistently delivering items of value. This would provide a way for other Next Edgers to more quickly recognize highly successful curators. | |||
5. TEST - what stakeholders think of steps | Acceptance issues (via Facebook poll?):
| - Do New Currency subgroup members think a pilot is worth
doing? - Are creators of pledge apps (eg Beex) willing to customize their solutions for a subgroup pilot? - Will participants in the pilot find it useful? - If they do, will a Kickstarter or similar pledge drive get enough backing to prepare a NextEdge-wide community solution? | - Do New Currency subgroup members think a pilot is worth
doing? - Are creators of alt-currency apps willing to customize their solutions for a subgroup pilot? - Will participants in the pilot find it useful? - If they do, will a Kickstarter or similar pledge drive get enough backing to prepare a NextEdge-wide community solution? | |||
6. DECISION – next action | Next steps:
| Shall we explore NextEdge Love Bombs in the upcoming conference call? | Shall we explore Attention Wagers in the New Currency conference call? | |||
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Gaps to be filled for this pattern | more research on "Related Examples" of tribesourcing | |||||
Related uplift patterns | none yet | |||||
Potential allies & opponents | everyone | |||||
Past use | not many past examples of tribesourcing yet found | |||||
Current use | not many current examples of tribesourcing yet found | |||||
Future use (links to prediction wagers) | I | |||||
Pattern initiator (contact) | Mark Frazier (Skype Openworld) or mfrazier at openworld dot
com | Mark Frazier (Skype: openworld) | Mark Frazier (Skype: openworld) | |||
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