Skip to main content

Decentralized Crowdsourcing

Definition

Decentralized Crowdsourcing refers to the distribution of tasks or projects to a large, undefined group of individuals over a distributed network, typically powered by blockchain technology. Unlike traditional crowdsourcing, it removes central intermediaries, enabling direct peer-to-peer coordination and compensation. Participants contribute to various tasks, from data labeling to content creation, with their efforts often verified and rewarded via smart contracts. This model promotes transparency and equitable distribution of value.