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Topic: ORA:: Bounty discussion thread - page 4. (Read 5152 times)

sr. member
Activity: 308
Merit: 250
July 30, 2014, 11:53:34 PM
#1
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CryptoFest




Welcome to the ORA bounty discussion thread!
By design we have left a large proportion of ORA assets/coins in trust for later distribution as bounties.

The ORA distribution is as follows:
50% - distributed equally to ~3000 webapp registration applicants (still to decide how to distribute left over stakes)
5% - goes to the registration webapp dev
5% - goes to the dev who clones Qora, and creates the ORA wallet applications
2% - ORA founder
8% - goes to node bot bounties
4% - website & marketing
1% - Qora dev
25% - POWER BOUNTIES

That means at least ~37% of ALL ORA will be paid to active community members as bounties for doing all the necessary tasks required to give ORA the best chance of being successful in the medium-long term.

We will use this thread to discuss how we will do this!

My goal is to create a 'process' that is open & transparent, and maybe we can use community discussion to  nominate potential bounty candidates, and then we can use the NXT voting system to decide who gets what bounty payments, and for what tasks.

Another option would be to form a committee of 4-5 people who could decide the details after eligible candidates had been nominated by the community.

There are many options to consider, and this thread is a good place to explore them. If you have any ideas please feel free to make them here!

How we distribute the bounties is a crucial task for the ORA community, and while I suspect it wont be easy, how successful we are at doing it will go a long way in determining how successful the ORA project as a whole ends up being!

Good luck to all of us Smiley

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