Every institution should offer large (1+ BTC) bounties that solve a core problem they or their community is having. Just specify the outcome you want, give a deadline (like 1 year) and award the best (not the first) solution at the deadline. You can do a draft period to refine the terms with additional items and remove ways of solving it that do not appeal to you. Reasonably well paid bounties do work.
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I’m 💯 for this!
Agreed! Sounds reasonable
Damn... 1btc is huge, yes people will work on the issue but bitcoin is the most valuable asset, maybe make it smaller?