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Topic: ✅✅✅ [ANN][PRE-ICO] Bounty0x (BNTY) - Decentralized Bounty Hunter Network. - page 11. (Read 24609 times)

member
Activity: 187
Merit: 10
why yould you need a bounty platform? when every bounty is a decentralized thing?

Thank you for your question.

The way that bounties are posted an managed nowadays is highly inefficient. Furthermore, all submissions from bounty hunters need to be checked manually by the start-up, which is extremely time-consuming.

In addition to that, our goal is to expand way beyond just ICO bounties. Therefore, we need a proper platform.

Some of the industries we are aiming at are: Online marketing, consulting and software development

Re: decentralization. We will use IPFS and the Ethereum blockchain to decentralize our platform wherever it makes sense to do so.
full member
Activity: 224
Merit: 100
why yould you need a bounty platform? when every bounty is a decentralized thing?
member
Activity: 187
Merit: 10
Definitely sounds interesting. I dig it. Would love if this existed right now! With many bounties on it! Would make finding bounties a lot easier. Good luck.

Thank you! Make sure to join our Slack if you have any more questions. Looking forward to having you as a bounty hunter on our platform
member
Activity: 187
Merit: 10
Looks Promising.
Subscribed to newsletter.
Waiting for more good news

subscribe to the medium blog also. blog.bounty0x.io

if you're a bounty hunter feel free to sign up and start completing bounties.

Thanks for sharing! Very delighted with the community that is starting to come together
full member
Activity: 210
Merit: 101
Definitely sounds interesting. I dig it. Would love if this existed right now! With many bounties on it! Would make finding bounties a lot easier. Good luck.
member
Activity: 75
Merit: 10
Looks Promising.
Subscribed to newsletter.
Waiting for more good news

subscribe to the medium blog also. blog.bounty0x.io

if you're a bounty hunter feel free to sign up and start completing bounties.
member
Activity: 187
Merit: 10
how much will tokens cost during ICO?

The BNTY token price is $0.040 in the ICO and $0.032 in the pre-sale
member
Activity: 75
Merit: 10
how much will tokens cost during ICO?
member
Activity: 187
Merit: 10
cant wait for october 25, waiting some surprise, I hope your project will succesfull dev

Thank you! We will make the announcement on our newsletter. Feel free to subscribe here if you haven't done so yet
member
Activity: 187
Merit: 10
Looks Promising.
Subscribed to newsletter.
Waiting for more good news

Thank you! Feel free to also join our Slack channel.
member
Activity: 187
Merit: 10
Quite interesting. Subcribed to ur newsletter.

Happy to have you on board! Feel free to also join our slack
member
Activity: 187
Merit: 10
Thank you for your question.

Our platform solves 4 key problems:

1) Bitcointalk and forums are not the ideal places to post bounties. It is challenging for bounty hunters to find bounties and it is challenging for start-ups to post bounties. Additionally, bounties posted on forums only receive a fraction of the submissions they could potentially get since the thread is quickly hidden by dozens of new ones.

2) Nowadays, startups and companies need to review every single submission manually. This is a huge pain. The BNTY token staking mechanism on our platform incentivizes the crowd to review submissions.

3) There is no proper reputation system for bounty hunters. Bounty Hunters start from zero every time they join a bounty campaign.

4) Hiring bounty managers is expensive and time-consuming. Our platform is free to use.
member
Activity: 75
Merit: 10
looking forward for this project, can i reserve indonesian translation for this thread??

you can already sign up as a bounty hunter at alpha.bounty0x.io
member
Activity: 167
Merit: 10
looking forward for this project, can i reserve indonesian translation for this thread??
member
Activity: 75
Merit: 10
What is the wallet address?

wallet address is bounty0x.eth
newbie
Activity: 56
Merit: 0
cant wait for october 25, waiting some surprise, I hope your project will succesfull dev
hero member
Activity: 1022
Merit: 500
What is the wallet address?
member
Activity: 75
Merit: 10
What made you come up with the idea of having a bounty management platform? why not just use bitcointalk or manually manage campaigns?
full member
Activity: 266
Merit: 101
The Future of Global Copyright Registration
Quite interesting. Subcribed to ur newsletter.
member
Activity: 187
Merit: 10




“A decentralized bounty management platform with a staking-based review system for submissions.”


Join us on Twitter, Medium, and Telegram.

Learn more on our Website and on our Whitepaper.




  Abstract

We believe in a tokenized economy. Bounty0x will advance the vision of a decentralized future and streamline bounty management by accomplishing three keys tasks:

(1) Enabling companies and startups to host and manage bounty campaigns (hereinafter “bounty hosts”), and disbursing payments to bounty hunters.

(2) Enabling users seeking to participate in a bounty program (hereinafter “bounty hunters”) to search bounty listings, participate in said bounties, complete bounty tasks, and receive rewards and payments.

(3) Automating the process of reviewing bounty task submissions by enabling third-party reviewers (hereinafter “bounty sheriffs”) to ensure the accuracy and quality of bounty submissions by staking BNTY tokens in exchange for value.




  What is Bounty0x?


In the short term, we are developing a decentralized platform where bounty hunters will be able to receive payment in tokens in exchange for completing bounty tasks for ICO startups. With hundreds of new blockchain startups being formed and holding ICO’s every month, this is already a significant market.

Startups will benefit from being able to harness the power of thousands of bounty hunters who are interested in performing tasks in exchange for payment in their native tokens.
   
Our ultimate goal is to increase the efficiency of industries that would benefit from a decentralized workforce and bounty-oriented reward model. Some of the first industries we will be entering are Online marketing, Software development, and Consulting.




  What is the BNTY token used for?






500,000,000 bounty0x tokens (BNTY) will be minted in the genesis contract. BNTY will be distributed during a pre-sale, and the main sale (details of each below). The BNTY token is a Utility token, and has 3 primary purposes on the platform:



(1) BNTY will be used by Bounty Hunters


- How: Bounty Hunters need to stake BNTY to participate in ‘Super Bounties’. If a Super Bounty submission is rejected, like for example a bug report, the Bounty Hunter will lose a portion of his staked tokens.

- Why: ‘Super Bounties’ are checked manually by a team member of the startup. Therefore, it is important to ensure that all submissions are of a superior quality to avoid wasting the individual’s time.



(2) BNTY will be used by Bounty Sheriffs


- How: Bounty Sheriffs will be able to stake BNTY to review bounties. If they are performed incorrectly, they will lose a portion of their staked tokens. If performed correctly, they may gain additional BNTY and bounty tokens from the start-up.

- Why: As a quality control mechanism. Bounty Sheriffs are financially incentivized to perform reviews correctly.



(3) BNTY will be used by Bounty Hosts


- How: Startups can purchase BNTY to unlock additional premium features in the platform or to hire additional services from our partners, like for example community management.

- Why: More efficient way of tracking and distributing payments to the platform and our partners.

Bounty0x will perform a quarterly token buy-back program with the bounty tokens received from startups that used our platform. Twenty-five percent of the bought back BNTY tokens will be used for an ongoing bounty campaign to further grow our platform.




  Alpha Platform







The Bounty0x Alpha platform went online on October 10. There is currently one bounty program running and we will be adding 3 more in the coming week.  It is important to note that this Alpha platform doesn’t even scratch the surface of what Bounty0x will ultimately become.

We decided to build this MVP in order to check the concept before we raise millions in funding.  The response was amazing and therefore we decided to move on with a pre-sale and an ICO to bring the BNTY token to life.




  Pre-sale: $250k cap (November 20 - Dec 3)


Bounty0x will hold a pre-sale capped at $250k between November 20 - Dec 3 Contributors to the pre-sale will be purchasing at a 20 percent discount to the ICO price. In the spirit of decentralization, there will be no additional discounts for larger contributors.




  ICO: $1.5mln cap (December 15 - Jan 1)


The public crowdsale will be held between December 15 - Jan 1. Tokens are distributed as soon as the hard cap is hit or deadline is reached There are no discounts.




  Stay up to date







At Bounty0x we believe in complete transparency.

We encourage you to monitor the weekly updates on our blog, to join us on Telegram and to follow us on Twitter.




  Core Team


Our web designers are still polishing the team section on our website. We will officially announce our advisors shortly.


  (+) Angelo Adam - CEO

Attorney. District0x Community Manager. WeTrust Freelancer. Crowdfunded ethereum. Member of the Digital Ledger Defense Coalition. Equities Trader at a Hedge Fund.

Linkedin



  (+) Pascal Thellmann - CMO

PR and Marketing in the crypto world. Contributor at CoinTelegraph. Copywriter. Previously co-founded a successful German ecommerce site.

Linkedin



  (+) Deniz Dalkilic - CTO

Software Engineer Thomson Reuters. Working in Applied Innovation team on Blockchain/Ethereum projects. In particular concentrating on public Blockchains and DApp development via extensive use of JavaScript and Smart Contracts.

Linkedin




  Bounty Campaign (obviously)


We are distributing a 0.5% of the total BNTY supply in our official bounty campaign.

Learn here how you too can join.




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