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NancyLebovitz comments on Communities: A single moderator is often superior to the wisdom of crowds - Less Wrong
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The solution is to facilitate micropayments. People aren't going to spend as much money on topics that there's a surplus of. The more readily available something is... the less money that people are willing to pay for it. So facilitating micropayments will allow the crowd to help lift the scarcest/rarest and most valuable content to the top of the list.
Oranges used to be a luxury. In other words, an orange was uncommon but valuable content. Then what happened? Payment.
Orchids used to be a luxury. In other words, an orchid was uncommon but valuable content. Then what happened? Payment.
So we add (micro)payments to Reddit, Youtube, Less Wrong and what will happen? What will happen when we incentivize/reward people who produce scarce but valuable content?
Here's a promising experiment with micropayments for journalism.
Thanks for sharing! Blendle is pretty neat because you can get a refund if you're unsatisfied. But I'm pretty sure that the "One-Price-Fits-All" (OPFA) model isn't as good as the "Pay-What-You-Want" (PWYW) model.