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Re:Popcuts (YC summer 08) Pays You To Find Good New Music by mwerty on Thursday August 07, 2008 @01:37AM (#269402)
I just wanted to give a shoutout to thesixtyone which I got hooked on to recently. It seems to be a somewhat similar approach: the user is rewarded with karma points for speculating correctly on the future popularity of a song. I suppose step 2 could be to make points redeemable.

FYI: I am not affiliated with thesixtyone nor do I know the founders.

Re:Popcuts (YC summer 08) Pays You To Find Good New Music by 13ren on Thursday August 07, 2008 @05:08AM (#269481)
It might work better with karma (and games) instead of money.

All those accounting figures seem out of place with cool new music... but I don't know the profiles of indie music lovers - maybe they like numbers :)

EDIT I think startup founders (myself included) are comfortable reasoning in financial terms - but many people don't, and don't want to. They can even be offended and upset by it. I think this startup might need to find a niche market that is comfortable with it.

It might be better to disguise/hide the money somehow (but that defeats the pitch)... or, possibly extend the underlying microtransaction technology to other subject matter that is already financial oriented (or, has a financially-oriented audience).

These are just my opinions. What works, works.