Bounty Hunter
Platform Application for Smart Phones
and
Blockchain as a solution for On Demand Service workers to maximize individualize profits
A Public Utility Service Platform capable of connecting service workers to customers needing tasks performed. Bounty Coins deepest core mission would be providing a fair wage for everyone in the world.
Bounty Coins goal is to lower the fee to connect persons in need of or offering services. Companies in the on demand gig economy such as Uber charge upwards and beyond 30% to connect a driver to a rider. Bounty Coin aims to achieve this same goal across multiple service industries as low as humanly possible. Bounty Coin also aims to allow service workers the freedom in setting their own rates as well as creating their own schedule.
The Bounty Hunter platform is a single Decentralized Application consisting of 4 main components:
1. “Bounty Hunter” App (Changes can only approved by vote) Users vote on governance the way shareholders do. Bounty hunters essentially receive a form of preferred shares for completing tasks. These shares allow for votes to be called by the top (8-12)* performers and voted on by all shareholders. It should ideally pay a dividend.
2. “Bounty Poster” App (Ride, Delivery, Task, Advertising, etc.) Users vote on layout, governance and receive non preferred shares that offer a different set of voting rights (such as app layout and user end Issues) that effect their user end product as well.
3. “Admin” App receive preferred shares and dual voting rights, one set for admin changes and one set for the hunter and poster app. When a change is presented by the community, approved by workers, admin is then offered pay in the form of agreed fees (by vote) then applies changes. Changes are implemented in the form of Smart contracts that are proposed by workers and users. Admins may collect some of the highest amounts of shares because of this. A system of checks and balances is meant to be struck to give an equal number of the top voting positions on platform changes to 6* individuals; the top 2* users, the top 2* workers, and the top 2* admins.
4. Bounty Coin A + B (preferred and non preferred) (Decentralized and not governed by anyone individual, voting rights secured by holding Bounty Coin; Bounty Coin only accessible through completion of tasks or trade on open market) NO FORKING will ever occur. Rather than split into multiple entities upgrades and critical changes to the system are approved by majority vote proposals sent to administrative users. Changes to the initial concept of the coin are later controlled by proposal of the most active users and voted on by all bounty coin accumulators (the customers and service workers)
*these numbers may still need to be decided or even change as time progresses.
The smart phone application for “hunters” and “posters” can be rolled into one, allowing users access to both the ability to post service and the ability to request services at prices the free market decides i.e. the posters request. They are still 2 separate operating functions and platforms with separate voting rights.
1. “Bounty Hunter” App (worker side interface)
User providing service side interface. Can offer services such as pickup and dropoff of people and goods, services such as repair, or custom services such as tattoos, haircuts, catering, etc.
I imagine companies and small businesses can advertise , from one driver promoting 1 small business for a small fee to the entire fleet promoting a major corporation for an agreed voted cost. ( meaning an individual is free to advertise services, and also vote on partnerships for advertising services)
Bounties could be placed for rental properties as well, similar to Air BnB.
Sorted by job type ranging from taxi and delivery to the next most requested service by demand descending. Odds and ends or ETC. as last option.
A worker that performs tasks is payed in Bounty Coin A. Whether or not he or she trades or spends the amount accumulated counts towards voting rights. The top 2 Bounty Coin A holders can propose changes to the app as needed to the Admin App developers.
For example if the top performer in app notices there are errors in app it is there duty to suggest the fixes to admin and the community votes on the change for an agreed fee and the admin implements. If the community continues to approve the change the admin is payed by means of smart contract completion.
The Bounty Hunter pool can include marketing and sales team members interested in offering freelance sales and/or marketing services in exchange for Bounty Coins and the voting rights and dividends they come with.
In the future I would Imagine a world where the platform had enough trust , an employer at a restaurant could view the service workers resume easily enough on a public ledger to allow them to work on the fly. Lets say I’m at a table at a restaurant that’s short staffed. I could order a waiter to come to the restaurant, or ask the management to on my behalf. The worker could show, fulfill the task of serving, possibly stay longer to help, or move on to another task. The service worker can set his or her rates, and workers with cleaner histories of good reviews can demand higher rates for accumulating a more positive ledger of tasks than most.
2. “Bounty Poster” App (Service wanted side interface)
User with service needed. Simple form with drop down menus of choices ranging from a ride across town to a place to stay for the night. It may have to only begin small, like hunting for collectibles to begin with, but eventually any posting can be made for a “bounty” similar to an e-bay auction bid but for services.
Once a poster is created in can be viewed in the “Wanted” section of the bounty hunter app.
Bounty Posters can be rewarded in a coupon token, Bounty Coin B. The expected value is much lower and it is similar to a rewards card but with voting rights on the user end interface. Same as workers the top 2 users of the app are allowed to propose changes that the community may vote, agree on fees, and pay admin to change. Promotions can be extended to earn, spend or gain exclusive content and rewards for holding Bounty Coin B. These promotions can be
3. Admin app allows for an authorized set of users to make changes in app, refund or reverse the transactions of unsatisfied users, or troubleshoot user end problems. It should be a team of front and back end coders that maintain the apps functionality as well as a team to field check complaints (arbitration and disputes department)
4. The Bounty Coin
Bounty Coin allows drivers voting rights based on seniority.
Bounty Coin aims to serve like a taxi medallion, with a history of payments in each users ledger acting as a proof of history of service while balancing both positive and negative reviews with voting rights. Past client interactions read like social media, and can not be posted after a certain time as well as expire. Reviews will be limited to a short number of characters. No star ratings, only short written reviews somewhat like yelp but less demeaning, and meant to be taken with a grain of salt. No remarks involving race, ethnicity, religion etc. are allowed.
Coins are only minted and issued upon successful completion of a task, available only after sign up, KYC, and criminal background verification.
Users can of course collect payment from any crypto by posting as such. The benefit to holding Bounty Coin is securing voting rights made to changes within app. Bounty Coin A is the main token for workers. Bounty Coin B is their own promotional coin to give incentive and voting rights on the user end product to customers.
Changes to the code of the app, in any form, must be approved by Bounty Coin holders top 2 earners.
Proposed changes will be pooled from the suggestion boxes in app.
Every 3 months proposed upgrades are voted on and an earnings report is posted to all users, including network health, growth, value and general discussion on continuing to benefit drivers within network.
The idea of a check and balance system would look to serve scenarios that go something like this:
One or both of the top 2 Workers desire to change the apps color and interface
The top 2 Users want the same change
The top 2 admins don’t care
A vote would be 4-2 and the change could be approved.
The top 2 workers propose higher rates of pay for drivers
The top 2 Users disagree
The top 2 admins would then decide the vote
The top 2 workers disagree
The top 2 Users desire an arbitration agreement be included in all user end agreements
The top 2 admins would then decide the vote
Admin have incentive to approve changes that benefit the platform and encourage future growth.
Workers have an ability to change issues that effect performance. These issues can be cast to vote within the community.
Users have a voice as well, one that is tied to a built in rewards program as well.
Coins are distributed after a task is completed, selling a bounty coin is not also equivalent to selling voting rights. Because of this a poster offers payment in any form. The bounty coin is added to the payment upon a successful task completion like a tax at a variable rate(For examples 3%), that can be voted to raise or lower at quarterly meetings. More expensive tasks that are more difficult and/or take longer will award a higher cut from the percentage in the form of the Bounty Coin.
Example: James wants a ride across town. He opens bounty and can either search for a posting ride offered, or request a ride and build a custom smart contract from there.
James easiest option would be to select a preset poster from the rides offered. It lists the cost per mile and limitations set by the poster. It shows available drives and history of rides, as well as a resume with references for contact. James selects Susie, he notices she has driven for Uber in the past.
Susie’s posting shows the cost she charges per mile as well as any other charges Susie chooses to list. She may choose to set a flat rate, a by mile, or any form of charging she deems necessary. She can choose which payment she accepts, BTC, LTC, Cash, USDC, ETH, Bounty Coin or any other within her smart contract poster. If the ride costs $21.00 and the rate was 3%, $0.63 would also be charged to James Smart contract and issued to Susie in the form of Bounty Coin, and upon completion of the ride (gps movement of both phones) payment is reviewed for additional tips and final statements.
James has paid Susie, no 3rd party collects 30%, and Susie has also earned a voting right in the manner which Bounty Hunters App operates in the future. James collects “points” as a customer aka Bounty Coin B. It could even behave more like an NFT that can unlock discounts, specials etc. offered by workers if desired by the users building this.
James could alternatively create a posting, offering a need for a ride and a price offered. Bounty hunters can accept or deny the offer. He could post asking for a $20 ride before accepting Susie’s posting if he desired or the market accepted his open offer. If his $20 bounty poster is accepted by a driver first, all other open contracts lose availability (James cannot enter 2 contracts at the same time in this scenario)
James scans a QR code? James and Susies phones scan one another? There must be some kind of manual checkpoint for the beginning and end of the smart contract set by both users that signals the contract entered and agreed upon and completed or neglected. This could be part of the smart contract itself the manner of completion as signature of acceptance.
Bounty Coin can be sold, and the determining factor for a user voting right is lifetime accumulated coins, not total coins possessed. These rights are non transferable. They die when the worker dies.
Example: James purchases 1000 Bounty coins on the open market. He does not have any voting rights for app changes. He can trade them on exchanges and speculate on their value but is not a traditional shareholder.
Susie completed 100 rides and has $2300 worth of Bounty coin A or 6300 bounty coins (example cost is whatever the current rate is from USD to Bounty Coin)
If 630,000 bounty coins have been minted, Susies holding represents 1% voting rights during the quarterly meeting. Even if Susie converts 100% of her Bounty coin to USD, her voting rights stay intact. As her account accumulates more bounty coin her vote has more sway on the network. This ensures the most senior workers performing the most ardent tasks have the loudest voice on policy. New users will take time to build a voting right worth using initially compared to being a more active user.
Lets assume Susie has become the top worker and has accumulated the most lifetime coins. She feels the company can afford to expand. She proposes to mint more coins to raise more capital for growth. She can propose a vote for such a thing as the top holder of accumulated Bounty Coin A.
Accounts inactive for a certain period of time will forfeit vote rights back to the system for distribution (possibly burned?) or it may not matter, since non active users would no longer be voting but holding a right to vote they could return to…
Building the coin requires choosing another platform such as Ethereum and minting an ERC20 token on the network or launching on a similar platform such as Cardano. If speculative investors enjoyed the idea enough it could also attract workers to earn more Bounty Coin with the same speculative mindset of building a public ledger of tasks completed.
Preventing Fraud or users gaming system
Issues with a decentralized service platform that need addressing
Concerns I have include falsifying service contracts (fee to generate smart contract could be 0.1% or slightly higher at all times than payout of Bounty Coin and go to cover costs on app end while preventing a user from creating 2 accounts and siphoning undue voting rights.) that still creates a scenario where an individual could “purchase” voting rights by eating the fee in exchange for the right to control decisions made. It may then become necessary that field agents occasionally inspect the smart contracts to ensure they are physically a service being performed and not a mobile smartphone farm, and move to dismantle players falsifying contracts, then report to the quarterly earning the issue as it occurs and as it is resolved.
Fraud or negligence between users and solutions. Part of this is the manner the smart contract begins and ends, either at a POS, by QR code, touching phones, etc. The other issue arises on satisfaction of a completion of task. If multiple users only offer service to scam the system on first try trust with platform could be damaged. Preventing fraud may involve conducting more thorough background checks, being selective or smart in adding of users, and creating greater incentive to not game the system but participate within it for reward.
Security of user data and info like with all companies would also be an issue
Prevention of illegal requests, employment of minors, violation of minimum wage laws etc.
At no time can the bounty app pay a bounty hunter. All payments must go from user wallet to user wallet. It would still to be determined the working relationship (independent contractor, employer) between the 2 parties. Since the passage of prop 22 in California this may be less of an issue since voters have expressed non care for employment rights over flexibility. This system may offer a solution for both sides. The service the centralized admin app would perform would be to sell and service the smart contracts users are customizing on the platform.
Notes
Bounty Coin would have to maintain the lowest mining fees possible to keep its mission goal intact in providing the lowest fee humanely possible to connect a service worker to a paying gig.
My concept is for Workers = Shareholders and have incentive to profit not only from the work as an individual but from the corporation as a whole. Instead of investment with cash, workers invest time and energy and see the gains from both being the labor and the capital.
The bounty hunter app will be a non profit corporation, returning any earnings back to improving the business itself. Bounty Coin accumulators will vote on salaries for the app management in the form of proposals.
With a 30% discount compared to services like Uber, grubhub, lyft, doordash, etc. Bounty Coin offers the free market a competition by connecting consumers to service providers without any exorbitant fee. This should in turn force current market participants to lower costs or shut down altogether.
Currently it is being reported that all parties are losing money in the gig economy, from the service worker to the restaurant partners to the platforms that came up with the very idea. If the only beneficiaries of the capitol were the initial investors did society gain anything from companies like Uber and Instacart? Or are they the reason the streets of California are lined with tents?
I’m sure I am only scratching the surface of the utility and need for a platform organized in such a manner.
Bounty Coins core mission is to solve issues of non existent employment and labor shortages by directly connecting employers, service workers, customers, and coders into a mutual agreement for the fairest rates of capitol to labor. Bounty Coin believes that the opportunity to work can be infinite and fair.
I spoke with a Lyft driver the other day. His fare before mine cost the rider $11 for a short ride. He was paid $3. If it costs $8 to connect a driver to a person needing to drive in the current system, then that same driver could have offered the ride on my concept of Bounty Coin for $10, kept 100% (minus what they pay in fees on the bounty coin platform either for transaction fees or other agreed upon fees for the true cost of connection with the other teams) and the rider would still have paid $1 less.
Bounty Coin has the potential to piggyback off the failure of companies such as Uber, Lyft, and Doordash. By allowing on the Bounty Coin app to show a proven record of work history going beyond when they began at Bounty Coin, customers might gain trust faster with Bounty Coin for having seen the worker they are connecting with transferred from the older platforms they had already gained trust with in the past.
I would also hope the initial promoters of such an application like myself to be rewarded as well, however I would hope that for the interest of growth that an early very small percentage of daily transaction fees (such as .001% to .01%) awards to the promoters’ own digital wallets for life. My intention in setting this as low as humanly possible to both motivate and reward the initial founders while not burdening users with a fee to connect.
At a rate of .01% a founder would still earn $1 USD every time the platform collected $10000 in transaction fees. With the goal of reaching worldwide recognition and the highest amount of user participation
From Wikipedia:
In 2019, Queensland University of Technology published a report stating 7% of Australians participate in the gig economy.[3] 10% of the American workforce participated in the gig economy in 2018.[4] According to a 2019 Bank of Canada report, 18% of Canadians worked in the gig economy for non-recreational reasons.[5] Around 2018, 15% of China's workforce, representing over 110 million people, was involved in the gig economy.[4] In 2019, the World Bank estimated that globally, fewer than 0.5% of people in the "active labor force" take part in the gig economy.[6]
I chose “Bounty Hunter” with the hopes of conjuring the idea of that exact role, a freelancer who earns his way in this universe much like star wars or cowboy bebop or many other pop culture references to the wild west career of collecting a bounty as reward for being a hunter. I think the connotation of being an Uber driver in the modern day is the worst job a person can be subjected to. I think if that same person collected more earnings each day and held a cool title, it would attract more users.
Where companies such as Uber focus on enticing workers with a freedom of schedule, Bounty Coin aims to offer that with the freedom to set the rate for your services.