Passionate about Pos...ย โขย 4m
Genius move by Medial๐ฐ๐คโhereโs why: They cut the top 3 prizes in half, saving 30k. They spent 22k on other qualifying ideas. In total, they saved 8k. what will happen: Winning the 1k prize is very easyโjust get upvotes, no matter how good the idea is. This leads to people spamming for upvotes. With low effort needed, many can win, but only premium users can participate fully, so Medial earns more money Benefits for Medial: 1. They make more money. 2. There is more participation and engagement, which brings extra money and free marketing on other platforms. Downsides: People might spam the messages of non-premium users to get upvotes. The focus shifts from building great products and startups to just winning the contest. This causes a poor user experience and unnecessary chaos. What Could Have Been Done Better: Keep the top 3 prize money the same. Instead, choose 7 more ideas for a top 10 list and give each a 1k prize, chosen by VCs ,these ideas would be from the rest of the top 22. In the end, Medial makes money and more users win, so theyโre happy , but the downside count Niket Raj Dwivedi ik you guys are trying some experiments , tbh it's a bad one
Hey I am on Medialย โขย 3m
Hey Medial Team, you should include two features. 1) Total upvotes in the last hour (Entire Showcase). 2) Predicting winners. Users should be able to predict winners (Top 3 spots). It would keep them engaged. Show their prediction accuracy in their
See MoreHey I am on Medialย โขย 4m
good decision but doesn't people get greedy to win that 1k?? decreasing top 1,2,3 prize amount is bad idea what if someone's 2 ideas are in other top22 ,will both of those ideas get 1k each ? people will just spam and try to win instead of pasti
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