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Re:Show HN: An app that takes your money if you don't reach ... by mesquita32 on Friday April 19, 2024 @09:04AM (#40086311)
Great idea and great way to position the incentive. One question, what happens if no one reaches the goal? Where does the money go?
Re:Show HN: An app that takes your money if you don't reach ... by slucaskim on Friday April 19, 2024 @09:12AM (#40086398)
Great question! We thought hard about this and decided that the best way is to split it evenly if everyone loses. So, basically the same outcome as if everyone won. It seems a bit backwards, but this makes sure incentives are as balanced as possible - the creator of the challenge should avoid making the challenge impossible