Latest Crypto & Blockchain Publishing News
Looking to run a crypto bounty through a reputable platform? we have your back with this brief review of the three top options.
Trial use case
Crypto and blockchain publishers often have unique project needs and constraints relative to conventional publishers.
Whatever your intention is with organizing a crypto bounty, it pays to narrow your initial scope while you’re looking for a platform that might be a fit for what you need to be done.
In this case, Cryptopub tested running YouTube content creation bounties on three different platforms. Here are the results.
Bounty0x is probably the most well-advertised of the crypto task bounty sites out there.
- Signed up for an account & linked it to Metamask wallet.
- Filled out account details, and created a draft bounty, and funded it in ETH.
- New accounts appear to require a review period.
- After a few days, was not able to login to account. Neither username nor email address was recognized. Attempted to contact Bounty0x support through multiple channels over about two weeks, with no response.
- Assume the ETH funding is now unrecoverable.
Even dApps need to have some kind of customer service if money is being exchanged through them. If an account is under review, don’t allow them to fund anything until approved. If you’re no longer supporting your product, please shut it down so people don’t throw money away.
Bounties.Network is another interesting option in this space, however, it too is somewhat buggy and development & support seem to have mostly stopped.
- Simple, positive onboarding with Metamask.
- Easily able to create and fund a new bounty in ETH.
- Clearer activity record for smart contract interactions in Metamask.
- Also ran into an issue on publishing and person replying from support email was able to manually activate, and apologized for buggy back end. They indicated they were no longer able to support product, and refunded both the bounty allocation and the gas fee.
While the product itself hit a snag on the back end, and its no longer being supported, the flow for the user seemed better than at Bounty0x (as no account review is required, and just general ease of use).
The fact that a real human replied, understood, took responsibility, and refunded is a very big deal. Decentralized should not mean no one is accountable and nice to see this wasn’t the case here. Cryptopub wishes this platform was still actively supported.
Gitcoin was recommended by the Bounties.Network developer, as a more active bounty community. Gitcoin also appears to have a strong presence across social platforms when you’re looking around for information about bounty platforms.
- Linked a Github account (required, as all bounties are based on incentivizing completion of Github issues)
- Created several test issues on Github, and used them as basis for YouTube content creation bounties, and funded them on Gitcoin using ETH.
- First two of four posted issues were claimed by bounty hunters quickly, who are required to offer a work plan when they commit to the task. While a task is claimed by a hunter, no one else can work on it at the same time under the free plan. (Cryptopub emailed Gitcoin support about activating a Pro plan for multiple workers, multiple payouts, and received no reply).
- Worker for first of two claimed bounties failed to submit work plan, and became unresponsive. Cancelled the bounty as a result.
- Second worker who claimed a bounty attempted the task, but was unable to complete it. Cancelled the bounty.
- Other two tasks went unclaimed, and expired.
- Asked for clarification in town square chat about how funds are refunded following cancellations (the UI says they are), and received no reply.
Gitcoin is cool, though linking a Github account and using an issue to create a bounty is not really an ideal flow for a crypto-publisher who is seeking content creation bounties. It’s obviously better suited toward monetizing specific coding issues for developers.
There’s a likelihood that our test cases were either A) too difficult for bounty hunters to easily complete, or B) too low-paying to be worth completing relative to the expected difficulty.
Would still like to find out pricing for Gitcoin Pro account, so is unfortunate to have no reply from support. Lack of clarity around exactly how refunds work for cancellation is also annoying. Records listed in Metamask are not especially easy to understand for a newbie. This was one advantage to Bounties.Network that other would-be crypto bounty platforms should take note of.
Cryptopub will continue to make other experiments on Gitcoin for tasks of a more simple/easy to complete nature, and will attempt to increase rates to figure out what would be minimum worthwhile rate for bounty hunters. Perhaps it can still be useful as a tool.
Other bounty platforms
There are a number of other small platforms which appear to be variations on the above. Given that Cryptopub struck out on three for three of the platforms that it trialed, Cryptopub is not too keen on facing other similar issues where dApps don’t function as they should, developers don’t support it, and buyers have no recourse for lost funds.
It was even observed on some of these other, lesser well-advertized sites that Google/Firefox were marking as “unsafe sites” for whatever reason. No thanks!
Bitcointalk, while traditionally popular for announcing crypto bounties, was not attempted in this trial as it is just a conventional web forum, and has no functional application layer for actually managing bounties.
There is a need for a quality crypto bounty platform that is above-board, reliable, robustly implemented, well-supported, and that has clear mechanisms in place for all stages within the bounty task-completion (or cancellation) lifecycle for transactions.
Presently, Bounty0x and Bounties.Network are just out of the running due to observed non-functionality.
Gitcoin is functional and has a somewhat active community, but appears to have some bugs, and tasks (and community) are heavily biased toward software development, rather than general or content creation bounties.
Depending on what your needs are, your mileage may vary there, but so far it appears to really be the only mostly functional bounty platform of any quality out there.
Let us know your experiences with any of the platforms listed above, or your honest recommendations for others that meet the stated requirements here.