[The Pivot] Will Manifold ever give a cash payout from Prize Points [or Sweepstakes]?

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Nov 1

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Context: Announcement

In the announcement having cash payouts (tied to Prize Points) was flagged as being ambitious. Will this ever come to fruition? Resolves YES on the first user being paid out.

Cash payouts must be tied to Prize Points, not Creator Bonuses (another pay out system), as outlined in the pivot announcement. Market will extend as needed, and Resolve NO on confirmation that this will not be happening.

Edit (post-pivot 2): This market will continue on with “will Manifold ever give a cash payout from Sweepstakes”, as the spiritual successor to Prize Points.

If Sweepstakes are canned before there’s a single user who is paid out in USD for their trading prowess (or luck 🤞), and they come up with another way to attempt to appease the lawyers, this will continue with that.

Manifold Manifold Features Manifold Users Pivot Predictions Prize Points

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24 Comments

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bought Ṁ400 NO

Given that Prize Points and normal Mana have been equalised in the new system, I really feel this one should resolve NO. Also given the structure of the 'gift' it doesn't really fit.

All types of mana are rendered valueless.
Each user gets a gift based on the total value pre-change.
This gift can't be cashed out.
Only winnings from wagering the gift can be cashed out.

So, all that to say, feels like a NO to me.

@kevor See the comment thread right below, the author already clarified the following:

The spirit of the market would say “yes”, as this would be a real money payout from trading well on some “prestige” types of markets. I’ll go with YES

@kevor @jack updated

bought Ṁ350 NO

@mattyb does it have to be named as Prize Points, or does another currency count?

adding to this line of thought: what if prize points are converted into said new currency?

Good questions... my inclination is that a simple renaming obviously counts (same way that Google == Alphabet), a simple conversion probably counts, and if it's a substantially different system that still gives cash payouts then who knows.

Anyway, I have a market you can bet on that's clearer :)

yea, if there’s a spiritual successor to PP that does the same function, this will continue on with that

@mattyb What if the new currency is completely separate from mana?

@nikki hmmm, that’s a good question. The spirit of the market would say “yes”, as this would be a real money payout from trading well on some “prestige” types of markets. I’ll go with YES