I have abandoned this module. If anyone wishes to take over maintenance or use the name 'bounty' for a new project, then contact me.
This module facilitates 'collaborative funding'.
Previously we had experimented with using ChipIn. The main problem with ChipIn is that the only way potential contributors can show their commitment to a fund is by paying up front. They are wary of paying into a fund that does not yet have any other payments, as the total fund amount may never be reached - and so there is no traction.
Bounty works differently: participants make a pledge to pay a certain amount of the bounty. Once the bounty has been fully pledged, they are billed for 50%. Once we have completed the bounty task, participants are billed for the balance.
Bounty process description
Bounties are conducted entirely in United States Dollars (USD). Payments are made via PayPal.
At any time, bounty participants can adjust their pledge or make a payment. Any reduction of a pledge will be recorded on the bounty as 'abandoned'. It is not possible for a pledge to be reduced to less than what the participant has paid.
Bounty administrators can adjust the task description and the total value of the bounty at any time.