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Thoughts about: bounty hunters #381

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okwme opened this issue Aug 28, 2019 · 1 comment
Open

Thoughts about: bounty hunters #381

okwme opened this issue Aug 28, 2019 · 1 comment

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@okwme
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okwme commented Aug 28, 2019

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@okwme
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okwme commented Oct 6, 2019

Summary

  • Users could design / draw a custom clover and register it as a bounty
  • The bounty comes with a CC reward that is locked up in the contract
  • Could be locked up for a certain amount of time and the user can withdraw after that period
    • Otherwise what happens to bounties on Clovers that are impossible / never found?
  • Other users could contribute to the bounty in one of the following ways
    • Pure donation
      • Money just goes to whoever finds it, original poster gets to keep it
    • Competing contribution
      • This could be like a dollar auction where only the highest bidder gets to keep the Clover and all other bidders lose their bid to the bounty hunter (my fav)
      • or the other bidder is allowed to withdraw their funds if outbid
      • or the other bidder is allowed to withdraw some percentage of their funds
  • Pigs should be capable of searching for a specific Clover or set so that they look for all bounties
    • Probably better to be selective about which ones because it will slow the pig down to iterate through all bounties
  • Pigs should maybe be offered as a desktop app or as a cloud service
  • Once the Bounty is fulfilled the hunter can use the front-running resistant method of registering the Clover and claiming the reward.
    • Could also opt to not fulfill the bounty and hold on to the Clover
    • Bounties that exist for Clovers that have already been registered become OBOs
    • Should OBOs work like dollar auctions too? It's actually a pretty good deterrent to auction griefing...

@okwme okwme changed the title bounty hunters Thoughts about: bounty hunters Oct 6, 2019
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