Crossposted from Above The Fold.
As you may know, we’ve been busy raising our seed round in the last couple of weeks. One piece of feedback we often hear from investors is to be careful with how we issue our M$ (aka mana). We conducted an internal audit, which revealed that... Manafold Markets is out of mana!!
We did some brainstorming on how to address this unexpected shortfall. Some ideas:
In the end, we decided to go after one source of nearly limitless mana: tax the rich traders who sit atop our leaderboards!
We were inspired by Radical Markets to set up a Harberger Tax. This means that all our leaderboard slots are now for sale. Instead of trying to make good predictions in our markets in the hopes of turning a profit, you can just buy that leaderboard position you’ve always wanted! Check it out:
Try it out now, at https://manafold.markets/leaderboards!
Honestly, we're as puzzled as you are. Leading theories include:
Robert');DROP TABLE Balances;--
We'd be happy to pay a bounty to anyone who can help us solve this riddle! Preferably in USD, as we have a lot more of that now than mana.
It’s been quite a busy day on the internet; who could have predicted all these announcements?
A delightfully non-distortionary resolution. As they say on the billboards, "Everybody works but the vacant [leaderboard s]lot".
Haha thanks! This took me way too long to make: