Cryptocurrency Rewards and Crowdsourcing Task Success

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dc.contributor.authorMeng, Shan
dc.contributor.authorZhao, Xia
dc.contributor.authorZhao, Xi
dc.date.accessioned2022-12-27T19:19:19Z
dc.date.available2022-12-27T19:19:19Z
dc.date.issued2023-01-03
dc.description.abstractCrowdsourcing task success depends on the contributions of developers. How to identify capable developers and motivate them to actively contribute to a task is a challenging issue. This study investigates how the use of cryptocurrency rewards, i.e., the choices of stablecoins and unstablecoins affects the crowdsourcing task success, and how the relationship depends on task difficulty. Based on 3858 crowdsourcing tasks, we find that the use of unstablecoins reduces the number of participating contributors and extends the time period of having the first contributor, but has no significant effect on the likelihood of task success. In addition, task difficulty alleviates the negative effect of the unstablecoins on the number of participants. Our study potentially provides important implications for the use of cryptocurrency tokens as task rewards.
dc.format.extent9
dc.identifier.doi10.24251/HICSS.2023.696
dc.identifier.isbn978-0-9981331-6-4
dc.identifier.urihttps://hdl.handle.net/10125/103479
dc.language.isoeng
dc.relation.ispartofProceedings of the 56th Hawaii International Conference on System Sciences
dc.rightsAttribution-NonCommercial-NoDerivatives 4.0 International
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectDigital Transformations of Business Operations
dc.subjectcrowdsourcing
dc.subjectcryptocurrency
dc.subjectreward uncertainty
dc.subjecttask difficulty
dc.subjecttoken
dc.titleCryptocurrency Rewards and Crowdsourcing Task Success
dc.type.dcmitext
prism.startingpage5724

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