That’s great that you’re willing to try Cent! It’s rather fascinating how many times we have to hear about something before we decide to try it. Naturally we want to minimize the chances of trying the wrong things.
Right now Cent doesn’t work perfectly for our needs. For example, check out my most recent Cent post. I had to include a list of my preferred people because it isn’t possible to…
- reply multiple times
- spend money on our own replies
On Honest Cash we can reply multiple times, but it isn’t (yet) possible to spend money on our own posts.
On Facebook you can boost your own posts but you can’t boost other people’s posts. Heh… facepalm
A good example of a value poll is how a couple years ago the Libertarian Party (LP) used donations to rank potential convention themes…
$6,327.00 — I’m That Libertarian!
$5,200.00 — Building Bridges, Not Walls
$1,620.00 — Pro Choice on Everything
$1,377.77 — Empowering the Individual
$395.00 — The Power of Principle
$150.00 — Future of Freedom
$135.00 — Life, Liberty and the Pursuit of Happiness
$105.00 — Rise of the Libertarians
$75.00 — Free Lives Matter
$42.00 — Be Me, Be Free
$17.76 — Make Taxation Theft Again
$15.42 — Taxation is Theft
$15.00 — Jazzed About Liberty
$15.00 — All of Your Freedoms, All of the Time
$5.00 — Am I Being Detained!
$5.00 — Liberty Here and Now
In this case the list of options was predetermined by the LP. From my perspective it’s a lot better if participants can add options.
The LP could have, and should have, also used donations to decide the convention date, location and speakers. Naturally this would have meant that less money would have been spent on ranking the themes.
With value polls any organization can easily decentralize. The problem is that most people really don’t trust the market to make decisions, which is funny because all the organizations in the private sector are ranked by the market.
If you do a search for “tipping jars survey” or “dueling tipping jars” you can see lots of examples of value polls. I don’t think that any of them are used to make a decision though.