Update:
The devs have been talking about this for some time, but I want to announce it publicly here: we're moving to date-driven milestone bounties, which seem to work much better for us. We'll be giving out
$50k $100k/month (partially deducted from the currently active bounty) until the distributed exchange is finished, at which time we will give out the remainder of that bounty.
Thereafter, we will give away $100k/month.Consequently, we will be doing another round of evaluation for a $100k giveaway in BTC on 2/28/2014 to close out February. Here are Ron's notes on how date-driven milestone bounties will be allocated:
50% goes to the primary milestone
35% goes to the next milestone
15% goes to general innovation
My amendment & clarifications:
To clarify, Dev MSCs will be distributed in addition to the BTC
RBBs qualify for the primary and next milestones only if the amount exceeds their RBB amount. (these are the current RBB terms).
General Innovation - this is distributed to anyone doing any sort of positive Mastercoin work on a monthly basis, and goes beyond any normal RBB limits. So if someone did very well for us, regardless if he's an RBB or not, he can get up to $15K + Dev MSC in addition and regardless to any other amounts awarded to him.
Mechanics - I propose that we have everyone list their monthly contributions, and J.R, David and myself will have a judging meeting each month to decide on the allocation. Other board members are welcome to join these meeting.
Note that he's talking about mechanics for the 15% for "general innovation". The other 85% will still be allocated according to the mutual evaluation criteria we've used in the past. The 50% for the primary bounty is the part deducted from the current 300 BTC bounty for distributed exchange.
I'm finishing up my last couple days at my day-job, and my first day full-time on Mastercoin is Thursday. I can't wait!! At the top of my priority list is paying out 3k+ MSC to everybody who has earned bounties so far. I'll post exact amounts later this week once I am full time.
Thanks!