Business Model Generation: Value network

Bounties

Offer rewards to an unknown crowd for reaching specified outcomes

Illustration of Bounties
Run a Bounties play

Recipe

Key Partners Key Activities Value Propositions Customer Relationships Customer Segments
Key Resources Channels
Cost Structures Revenue Streams
The business model canvas was designed by Business Model Fondry AG and distributed under a Creative Commons license.

How: Offer a lump sum of money to the first person who solves a specified task or problem or makes an important discovery (for instance a software bug).

Why: Engage a crowd of skilled professionals regardless of affiliation to solve specific problems or for making important discoveries that will help your business move forward.

This business strategy is part of the Business Model Patterns printed card deck.

Proven business models that have driven success for global leaders across industries. Rethink how your business can create, deliver, and capture value.

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Examples

HackerOne

An army of hackers-for-good help test and secure software through security bounty programs provided by businesses.

Bountysource

Bountysource facilitates funding for Open Source software, setting up bounty program for implemented features or bug fixes.

Trigger Questions

  • How can you leverage the crowd to take part in solving your most critical challenges?
  • Do you need quality control to ensure that bounties are ethical?

This business strategy is part of the Business Model Patterns printed card deck.

Proven business models that have driven success for global leaders across industries. Rethink how your business can create, deliver, and capture value.

Get your deck!

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Ice Breakers

Relieve initial group awkwardness and establish a safe space

Educate

Broaden knowledge or insight regarding the behavior or situation to inform decisions.

Demonstrate

Show practical examples or models of the desired behavior for clear guidance.

Alert

Highlight current actions and their reasons, bringing unconscious habits to awareness.

Train

Develop necessary skills and competencies to enable effective action.

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