I'm very certain that "Bounties" were in the planning for Dust 514. But it was an item clearly not important to work on right now----made more sense to get Dust to a tight, fully intact state,...THEN build on it with ideas like bounties.

Eve Online has this thing called the DED, an imaginary entity that enables the devs to regulate game rules and punish gamers who exploited glitches or who deliberately screwed with the game or with fellow players.

So it makes perfect sense that some DED-style valves would eventually be put on Dust to regulate everything from excessive Scammer players to Faction Match saboteurs.

Put a DED-initiated bounty on the M-Q video screen, and the devs can reward players for shooting-on-sight any player they need to punish for breaking the game rules.
The reward on the bounty would have to be something on the level of an Eve Caspuleer's pay-out (100 Million ISK, for example) or else it's not attractive enough. For us, it would be a Funfest----reds and blues would stop the Dom match instantly at first sight of "Pirate-Poon1672", and spend the rest of the match hunting his butt around the map.

Individual players who want to script a Bounty on someone's head, should have to go through a multi-step process, approved by their Corp (or some such gimmick to minimize players using the Bounty as a way of harassing innocent players).

But, given time, I'm sure Dust 514 was going to have (may still in some future PS console incarnation) a Bounties system.