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.
Context ∞ Decentralized crowdsourcing is gaining traction in the digital asset world as a means to coordinate large-scale human intelligence tasks for blockchain projects and decentralized autonomous organizations (DAOs). It offers a method for projects to gather diverse input, perform complex validations, or even fund development without relying on a single central authority. This approach aligns with the ethos of decentralization and could reshape how work is organized and compensated in the future.