Bounty0x Main Contribution Period Recap

A review of the Main Contribution Period

The Bounty0x Contribution period ended on December 16, 2017 . Bounty0x reached its hard cap of $1.5m approximately 24 hours after the beginning of the sale. BNTY tokens were distributed immediately and unlocked as soon as the cap was reached.

We would like to thank everyone who participated. Bounties are crucial for cryptocurrency mass adoption, and Bounty0x is the leading bounty management platform.

Exchanges

BNTY can currently be traded on Radar Relay and Ether Delta. More exchanges will be announced soon. Listings on more exchanges will be announced in our weekly development newsletter. If you haven’t already signed up for it, you may do so here.

Current State of the Alpha Platform

Since it’s launch in October, 2017, Bounty0x just crossed the $1mln mark worth of bounties on the platform.

Bounty0x has a rapidly growing number of clients. Many of whom are launching their own token sales.

Going forward we will regularly be releasing our growth numbers along with our weekly development updates so that hosts and bounty hunters can see the growth of the Bounty0x network.

Bounty Hosts, Bounty Hunters, and Bounty Sheriffs will be able to stake BNTY on the Bounty0x network. If you are a bounty host planning on launching a bounty campaign, you may use your BNTY to access premium features. By staking BNTY users can perform a number of functions including.:

Earning rewards by reviewing submissions as a Sheriff.

Participating in super bounties as a Hunter.

Posting new bounty tasks as a Host.

Access to special features.

The Token Sale Results.

Raw numbers:

2,307 ETH Contributed ($1.5mln).

500,000,000 tokens minted.

109,850,000 distributed to contributors.

39,393.9394 BNTY issued per ETH contributed at $650 per eth during main sale.

3,721 Transactions.

959 Token holders.

Bounty0x held a pre-sale that raised $250k.

Frozen Pool.

A 45 percent of the total BNTY supply is frozen and will unlock after 18 months.

Bounty Program.

The BNTY bounty program has concluded today. Rewards to bounty hunters will be distributed on or about January 16, 2018.

The Near Future.

With funds secured, tokens distributed we’re poised to get back to working on building what will truly bring value to the Bounty0x network and the cryptocurrency space. Bounties are crucial for cryptocurrency mass adoption. Among many other things, you’ll see us focusing on the following in the next months:

New platform design to be implemented.

Finalize and activate BNTY staking mechanism.

Support payments in cryptocurrencies other than Ether and the ERC-20 token standard.

Decentralize Governance with district0x.

Open source portions of our code.

Supporting external module integrations.

New Bounties being added regularly.

Learn More

For more information about Bounty0x:

Join our Alpha by becoming a bounty hunter or a bounty host

Check out our white paper

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