#The Problem
#My Proposal
Supposedly the "commitment tokens" (max commit to 3 proposals) is supposed to discourage well-wishing behaviour, but it doesn't seem to be working very effectively. Bottom line is that there are millions of users in the Stack Exchange community and at least several thousand of them with enough rep to make a difference, and most of these people just don't care. So let's make them care.
- Investors pay reputation for their commitments, like bounties.
- Investors receive a 100% refund for fulfilling their commitment.
- Investors receive an additional 50% bonus if the site goes live.
- Investors can also choose how much reputation they wish to stake, possibly up to some predefined limit (again, like bounties).
- Committing can be done for free, but the value of a 0-rep commitment from a high-rep user is identical to the value of a commitment from a 1-rep user (i.e. virtually nothing).
- Users with no reputation on Area 51 itself can siphon reputation from one of their other linked accounts, but this would be one-way and non-refundable.
- If a proposal gets closed or merged during commitment phase or mid-way through the beta then all "fees" are refunded.
- Fulfilling commitments becomes the most effective means to gain Area 51 reputation over time.
- Area 51 reputation actually measures trust, like it is supposed to.
- Members who undermine the system with empty promises must work to earn back that trust.
- Members have a strong positive incentive for participating (to earn their rep back).
- Members have a strong positive incentive for committing/investing before participating (rep gain).
- Members who help to spawn successful sites still get something back, even if they didn't/couldn't participate directly - but they still end up "out of pocket".