Proposal: A Decentralized Way For Securing Bounties While Making Profit For GTC Stakers

Problem: I have done this bounty ( Create a page allowing POH members to ask for a picture from Artistical Intelligence | ArtisticalIntelligence Funded Issue Detail | Gitcoin | Gitcoin ) and now the bounty creator doesn’t communicate and I have no way to make sure that I will get paid.

Suggested Solution: I was thinking to implement an arbitrable smart contract that is secured by Celest protocol in a way in which the bounty creator is forced to lock the reward into the contract so in case of a dispute Celest court can decide for the reward.
I also want to implement it in a way so that the locked money will be pipe into a yield farming protocol ( like 88mph ) so the locked money won’t be idle. The generated profit from 88mph will be distributed between bounty owner and GTC stakers.

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Hey @Ajand!

Welcome on the GitcoinDAO forum :sweat_smile:

I think it’s a legitimate question to ask, are “These Bounties” sustainable, from the developer perspective but also from the bounty creator “vision”.

It’s not the first time I can see or read a user or dev “Not Complaining” but simply demanding inquiries about the payments following his work on a particular bounty.

What is the definition of sustainability: Good Coordination, Good Communication, Supportable, Viable, Livable and feasible…

I think you bring a good point that we could discuss further with the community.

Cheers! :nerd_face:

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I really agree with this proposal, it happened in this bounty Samurai based generative art bounty | daimyolabs Funded Issue Detail | Gitcoin | Gitcoin , until now, they have not announced the winner, even though in the details of the bounty the winner was announced 29 September

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Hi @Ajand

Glad to have you here, so would you share the github pr here?
I cannot visit the Gitcoin bounty page (perhaps the owner removed them, Damn it!)

Thanks a lot :wink:

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@bobjiang Oh, no. It’s actually a private repo hosted at https://artisticalintelligence.art/ and Happily, the owner started to communicating again, and everything is fine for now. But I think if we’re going to make bounties decentralized we need to first make them trustless and censorship-resistant.

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