hypios, your marketplace for solutions
Frequently Asked Questions
Is the diversity of the Solver network important?Diversity is critical. Studies show that a high percentage of unsolved problems within an organization can be solved by people outside the immediate domain and discipline of the problem. Diversity is therefore one of the most valuable aspects of hypios.
Which industries does hypios serve?hypios is well suited for any industry. hypios and its interface are adapted to all industries.
How can I be sure Solvers exist for a particular problem?hypios works with institutions and individuals to ensure a large and diverse Solver base that captures as many industries and disciplines as possible. In addition, since hypios is a success-only based platform, there is no risk to reviewing solutions by people outside of your problem's immediate domain.
What does "success-only" mean?"Success-only" truly means "success-only". For the basic hypios service (submitting problems & receiving solutions), the only fee is the price you are willing to pay for solutions to your problem(s). If you do not receive the right solution, you pay nothing and can either take 100% of the money back or you can use that money for another problem.
What is the definition of the "right" solution?If a solution corresponds to the criteria you specified or allows you to overcome the barrier to solving a particular problem or set of problems, it is deemed as the "right" solution and whoever offered it should be rewarded.
How does the money transfer work on hypios?Prior to posting a problem the Seeker credits his account on hypios. The credits can then be distributed among unit members to post one or several problems. The seeker can always ask for a total refund of his unused credits. We accept payment by wire.
Is there a minimum problem price on hypios?Yes, the minimum problem price is USD 2,500. The minimum price ensures that hypios retains a focus on high value problems and ensures the interest of highly qualified Solvers.
Are Solvers legally able to sell their solutions to Seekers?Yes. Solvers can legally sell their solutions to Seekers, and prior to joining hypios, each Solver signs a legal document stating his or her eligibility to participate and submit solutions.
How many solutions can a Seeker buy?There is no limit to the number of solutions that a Seeker can purchase (both exclusively and through licensing). A Seeker must purchase at least one solution (exclusively) before being able to license other solutions.
Can there be multiple units per company?Yes. There is no limit to the number of units you can create. You can adapt the hypios platform to the budget- and work processes of your company.
Can everyone invite new people to a unit?No. Only the unit leader can invite people to join the unit. But it is possible to have multiple unit leaders within one organization.
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