Bounty0x is a decentralized bounty management platform with a staking-based review system for submissions







Bounty0x are building a platform enabling startups to post bounty tasks which bounty hunters will be able to accept and complete. Bounty0x makes it easier for users seeking to complete bounties to search and accept bounties. The benefit of this approach are twofold. First, this allows startups to focus exclusively on developing their product, and second, it makes it easier for bounty hunters to find new campaigns to join. Startups and bounty hunters have an economic interest to use our platform. In the same way that miners take a fee for every verified transaction, "bounty sheriffs" take a small fee for every verified bounty task they review correctly. By using the bounty0x platform, startups will have access to a pool of reputable bounty hunters, and a verification mechanism to ensure the tasks are performed accordingly.

Bounty0x will advance the vision of a decentralized future and streamline bounty management by accomplishing three keys tasks:

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

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.

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.

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.

: 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.

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.

: 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.

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.

: 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.

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