Hello all.
Well, i and my team have carefully studied the Bounty Market and we have noticed so many flaws on how the Market is being Managed. But i really want to hear from you all, especially those who have been involved in one Bounty Hunting or the other.
We have been heavily funded ( a partner) to provide a world-class Bounty platform i really need your suggestions.
EDIT*
Based on all your suggestions. We have started implementing the following!
1) We will be making sure that only ICOs ready to make pre-payment or Escrow the funds will be accepted to run their campaign with us. This will secure Bounty hunter's payment after the campaign has ended
2) Proper verification of project before accepting it to reduce failed and scam ICOs
3) Making sure that a limit is set for all Participants for every campaign so that rewards can be valuable to those who have participated.
4) Making sure that Project owners do not change project terms after the campaign has started
5) Make a system that recognises members by completed tasks so that future rewards could be based on your rank on the platform
6) Build a simple and easy to use bounty platform with lots of automation
Additional Implementation:
a) We will also accept non ICO campaigns which will pay via BTC, ETH also. This will make it possible for projects to run a marketing campaign on the platform to reach more persons on the internet while Hunters get paid in real cash
b) We will only implement a one time verification system for Bounty hunters, this documents will not be shared with anyone! Not even project owners. This verification is to make sure all accounts are owned by one person and to reduce multiple accounts on the platform so that all campaigns can be effective.
c) Payment to Bounty hunters will be made immediately the campaign is ending else if the contract specified otherwise
PRE-REGISTRATION LINK WILL SOON BE OUT. I shall update this thread as soon as pre-registration is ready.
Thank you. Your suggestions are still welcome.
Your idea of helping bounty hunters is good but there are challenges. How do you intend to change projects who change their policies half way, e.g kyc registration and furthering the bounty without increasing the initial bounty pool?. Even if the project submits to escrow, how will you stop it from running away with funds raised during ICO thereby making the tokens in escrow worthless?
This is why we will only approve projects that we can verify all team members of the project. 98% of scam icos are done by people who fake their identity. So if we can do this at first, then scam ICOs listed on our platform will be reduced to the bearest minimum.
For KYC. please check the edited on the front page, this has been addressed.
Thanks.