There is a great interview with Michael Sikorsky over at Tech Digest.
“We share the rewards, but also share the risk,” says Sikorsky. “If a project does well, people will be phenomenally overpaid, but if it doesn’t do well, they’ll be phenomenally underpaid!”
“People post any wish they want, and it costs $5 to do it,” says Sikorsky. “$3-4 of that goes to a central fund, while the rest goes towards running the fund. And people vote on whether you should receive your wish, and every week we go through who has the most votes, and what’s in the fund, and pay as many people as we can.”