Inspired by a Red Balloon Challenge out of DARPA, Fast Company CTO Matt Mankins hacked Crounty with his technology team in less than 24 hours, to create a reward based social network where you reward all the players that you help accomplish tasks. A more social form of bounty, Crounty uses incentive and reward to help people find jobs, look for apartments, sell items etc.
Example: I am looking for an apartment. I need help. I inform Mike. Mike informs six of his friends about my dilemma. He shares my information via his social networks. One of his friends has a spare room whilst the other five continue to spread the word. I finally decide to room with Mike’s friend. Along the way, all individuals that shared my dilemma, along with Mike’s friend who resolved my issue, received an email with a unique url. All these players are informed about their reward via email and receive an online crounty in their bank accounts.
Simple, easy and very useful.