-500K Nxt for a short video describing Nxt, it's green pure POS mining, the colored coins and decentralized p2p exchange features, internal messaging and decentralized DNS, instant transaction option.. all for a general audience.
-100K Nxt for a general article describing Nxt, it's green pure POS mining, the colored coins and decentralized p2p exchange features, internal messaging and decentralized DNS, instant transaction option..
-50K Nxt for the Chinese translation of the above article.
The initial deadline for the video bounty is 15th of December, for the article 5th of December and for the Chinese translation 7th of December!
To get the necessary info (general&technical) of Nxt for developing these projects, you can read the Nxt main thread mentioned in the OP or refer to Cunicula (who helped in debugging the scheme) or Come-from-Beyond.
I suggest splitting the article in to separate writing tasks. Also... video before article = cart before horse.
I'm probably better qualified to write about the PoS design than anyone else because I played a role in its design. I'd expect a full 100k bounty for this, largely because I own no nxt. (Lack of gui, lack of whitepaper, need to use blockchain.info to purchase were too big of a barrier for lazy me.) I could do the chinese translation of my section too.
I know nothing about nxt's other features. If you get one person to write the whole article, then the quality will suffer. That's not acceptable.
Low quality article -> low quality peer review of nxt -> nxt underlying quality unknown (and best to assume low quality in the absence of other information)
To facilitate peer review we need:
1) mathematically precise, approachable, and well-written article
2) nxt coders and third party coders to confirm that the source code does what the article says it is supposed to.
Once those conditions are in place smart people can read the article and critique it. This process is essential for people to gain confidence in nxt (including me).