🌱 Introduction | SourceCred

SourceCred is a tool for communities to measure and reward value creation among members. It offers a useful framework for what a subjective reputation system can look like.

SourceCred: SourceCred is another web3-native tool that’s arisen in popularity among certain communities, namely FWB. SourceCred offers an interesting way to reward community members for their participation in discussions like Discord and Governance proposals on the forum. To summarize how this works, similar to Coordinape, the SourceCred software ... See more

Power and authority in the contributor economy must be emergent, not assigned. In traditional systems, compensation and authority are explicitly defined and pre-negotiated (titles, roles, and compensation), even though trust and responsibility are implicitly earned. Token mechanisms create infinite possibilities for how credit can now be attributed... See more

Tools like Coordinape and SoureCred allow micro-economies to better rank contributions - ultimately building towards organizations in which compensation is tied to value created, rather than time spent.

As discussed, the hardest part of this seems to be assessing the value of contributions. In the short-term, this is inevitably quite subjective and requires a largely qualitative assessment. Over time, we’ll be able to design governance mining distribution mechanisms that are quantitatively driven, creating greater efficiency & less subjectivity th... See more