INTRODUCTION:

Bounty0x (BNTY)



" A decentralized bounties network enabling anyone to manage bounty programs, and users to receive payments for completing bounties. The network is powered by the BNTY token. " ​



Please watch this video before you continue.​

USE OF BNTY TOKENS:

LINKS:

I strongly recommend reading whitepaper if you consider investing.

PRICE POTENTIAL:

TEAM:

WHY BUY NOW:

For me, the most important decision I need to make while investing is timing.

WHY BUY BNTY INSTEAD OF XYZ:

I'm not day trading. I'm not jumping from coin to coin. I'm buying when the price is stable and when I see great opportunity for an amazing ROI.

OTHER THOUGHTS:

MY EXIT STRATEGY:

Dear black hatters,let me introduce the next project I'm investing into.Bur first:Personally, I take a lot of time to choose projects I'm going invest into.Been doing this since January 2014. and made a lot of mistakes in the process. At some point, I have started to see why I have performed badly and learned a ton from my mistakes. Now I have my 'system/rules' which I follow to the last detail and I'm doing pretty great.For my next investment, I needed a low market-cap coin.Been following more than 10 of those coins/tokens for the last 45 days and finally chosen one that will probably bring me 10x return on investment.This project has already working product.That can be good or bad in crypto/venture capital world.In this case, I believe that's pretty good and you will see why pretty soon.This project has a MC (market cap) of around $11-12 million at the moment of writing this.Their token has a specific use and it some parties will need to buy it (it's not out there just for speculative reasons).They will implement staking pretty soon.This project already has 10.000+ active users and can reach millions more (even a lot people from BHW can earn money there).I'm presenting you:Basically, Bounty0x is a semi-decentralized platform where companies (and some individuals) can host different bounties.Other people, like you and me, are "bounty hunters" and you do some tasks in exchange for crypto.It's best for you to stop reading for a bit and check out their platform for yourself:It's in some degree similar to Upwork, Fiverr and some other platforms for bug bounties.There are other real-life applications:- Software companies can use Bounty0x to find vulnerabilities in their code.- Governments, Non-profits and NGO’s can use Bounty0x for incentivizing the completion of specific goals, like finding the cure for a certain type of cancer.- Brands can use Bounty0x for incentivizing influencers to promote their products.- Corporations can use Bounty0x for incentivizing consultants to suggest strategies for increasing revenue.- And so much more.But, that's just the beginning. They will move beyond ICO bounties and accommodate/facilitate freelancing jobs/tasks in the future.And that's BIG!Even ICO bounties are big at the moment. I will not even mention bug bounty market (huge one). They cover both at the moment.But, when they implement freelancing jobs and if they do everything right (especially regarding marketing) this platform could become huge.At the moment, that's not something that's interesting to me. I'm here only to 10x my investment and go away to another one.Now, why Bounty0x is different from above-mentioned platforms?One of the most important reasons is they have "Bounty Sheriffs" and BNTY token which is of great use.Bounty Sheriffs are people who will be able to stake BNTY tokens to review the work of bounty hunters. They come in when tasks can't be automatically verified.If a review is performed incorrectly, a portion of staked tokens is burned. If performed correctly, the Bounty Sheriff will receive payment.Besides that, Bounty0x payments are sent to Bounty Hunters through smarts contracts in a trust-less and decentralized manner. No central entity has control over this process.(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 on the platform or to hire additional services from our partners, like for example community management.- Why: The more efficient way of tracking and distributing payments to the platform and our partners.- Bounty0x Community StakingBounty0x community members that own more than 200,000 BNTY will be able to stake it in the Bounty0x platform. Approximately 2–5% of the tokens/coins of every single bounty campaign will be airdropped to BNTY stakers. The minimum staking time is 8 weeks.- Bounty Sheriff StakingBounty Sheriffs will be able to stake BNTY in order to review submissions made by Bounty Hunters.The amount of BNTY a Bounty Sheriff will have to have staked in order to review a submission will depend on the type of bounty task, simple verifications will require to stake between 50–500 BNTY.- Bounty Host StakingBounty Hosts will purchase BNTY which will be used for rewarding Bounty Sheriffs.- Bounty Hunter StakingBounty Hunters need to stake BNTY to participate in ‘Super Bounties’, which are bounties that are not reviewed by Bounty Sheriffs, but by the Bounty Host themselves.Read more here: https://blog.bounty0x.io/lets-talk-about-bounty0x-staking-bfc1ddfdf615 Website https://bounty0x.io/ Coinmarketcap https://coinmarketcap.com/currencies/bounty0x/ The next part of my post is the more interesting one.Let's talk about price potential.The project sounds great, right?Especially at this MC.And it's easy to see a market cap of $110-$130 million (which is 10x from this point) in the following weeks/months.But, I will discuss my standpoint.MC has been above $100 million in the first days of January.Then it went down like with the most/all alts out there.That sounds good, but it's not enough.This project is relatively new one. One of the rare projects that have a working product, and in this case, it can be used by millions of people all around the world.But, what I'm mostly interested in is price and how/why it will go up (relatively quickly).That's the most important ingredient.Bounty0x could be known even more if the team would have done any marketing activity previously.Luckily (for me) they haven't started doing anything until recently (several other people and I have pushed them into that direction).Now you can see some bounties they offer on their platform to be listed in big media.And that's just the small part. They have enough budget and they plan more and more marketing activities.But, of course, the majority of that work will do the community for them because we want to see higher price.I have already "heard" some talks in different groups how BNTY will be one of the tokens they will shill hard when alts season comes back again.Btw. don't make your decision solely on this!Bounty0x will be promoted in some other big forums where are potential bounty hunters in the following weeks.Similar like I will do soon here on BHW.And some of those users will purchase BNTY.Let's not forget about influencer marketing.Please read more about that in this post No worries, my fellow black hatter.Look out at daily trading volume. It's a joke.Come on, look at it. At this moment is $146,614 USD.Usually for the last 2-3 weeks was between $100k and $150k.That's mainly on KuCoin (btw if you don't know about KuCoin exchange go do your research and create an account).And that's great because most people who have BNTY are holding it, probably to see $1, like me.That's one of the most important reasons I believe price can skyrocket quickly. There are not going to be a lot big sell walls on the way up. Btw. the volume will be much higher later on.There will be some sellers on the way up who bought in January when the price was above $.30 and they want to get away as soon as possible.Besides those, some advisers could sell their tokens as well.New exchanges?Most probably. I was talking several times with team members like I usually do, including CEO, and they have applied for every important exchange in the last several weeks.I'm hoping to see Huobi.pro pretty soon.If they somehow manage to get listed on Binance in the next two months MC could reach easily $200 million in a short time.- the team wants/needs a higher price. You will notice that they have a bunch of tokens. And their goal is to raise that price as much as possible. And believe me, they will do as much as possible to see MC between $150-$300 million in the following weeks/months. How exactly, I don't care I will just enjoy the ride.This is related to the price as well, IMHO.Every time I had some suggestion they began to consider it. It was mostly regarding marketing activities.When they start delivering (big) news in Q2 that will probably affect the price in a big way because we know how that goes in a crypto world.Check out their website to check out every team member. I see that they have employed several new people since in the last 2 or 3 months.That's only a good sign.Besides that, they are working every day on getting new hosts on their platform.Even if one huge company (in ICO terms) start hosting their bounties on Bounty0x that could get several thousands of new eyes on the platform.Look at the chart again.I've been following this for about month and a half. This is the lowest price point (9-10 cents). It has been for some time now.This is where the support is.From this point, it will go up.How fast only depends when new altcoins season will start and how fast people will spread hype about this project.And I'm pretty damn sure enough people will work on thatAgain, don't make your decisions based on that!That comes before choosing a great project.I don't wait to wait a year or more to sell my tokens. I want to do it as soon as possible.In the last year and half that was every four months on average.After I sell it I already know new projects I'm going to invest in.Because of everything mentioned in this post I believe that now is a great time to buy BNTY.It's March already. Last year at the end of the March started the new pump. I'm pretty sure it will happen again this year.In the last few days/week, some BTC whales have been buying even more Bitcoin.They probably know more than we doIt could happen that BTC and ETH will rise fast, then other coins in top 100 will follow and biggest ROI will be seen with small market cap coins like Bounty0x is.Remember, as far as I have heard/seen most people will hold BNTY until it breaks $1 barrier. Feel free to talk with other holders in chat.Another thing worth mentioning, maybe it's even a downside:this project has bright future. On the paper, at least. Everything is great while the team has great vision and they are working hard on it.But, you never know what future can bring. And that's why I will not hold this coin after it reaches $1.60.There will be always new projects to invest into.If you are waiting, like most of the lousy investors, to buy when the price starts to move then you need to learn a lot. Post below this one is for you.Plus, a lot of new investors love tokens that have a low price.They believe somehow by default they will for sure gain more on their investment buying something like this, instead of purchasing token word $5 or more. They rarely look at the market cap.Your next reading should be their blog and subreddit:This is the part most new investors don't get.Let's say, you have Cardano. Or VeChain. Or even REQ. Or any other coin (especially shitcoin) where price will never again see previous highs.What do you think it will go 2x faster. Those projects of BNTY?My money is on BNTY. It's much easier for Bounty0x to reach $0.20 then for VeChan to reach $9.4.And when BNTY starts raising it can easily get to $1, like I already wrote above.Last year I had some losers and when I finally figured out that the price is not going quickly back I just sold them and bought another project where I saw a lot of talk about it and I was not sorry.Thank you, WTC!Like I said above, every decent coin/token will see raise in price, but for me personally, it's very important how much is that in percentage.I don't know what the price will be. I don't know when it's going to raise. That's normal in investing.But I'm confident in this case it will go significantly up.Besides everything mentioned, I have chosen this project because I can (directly) influence the price. I can write about Bounty0x online in a lot of different places.I can talk directly with CEO and give him some suggestion regarding marketing if I see a good opportunity for some new move.Who knows if BNTY will be at $150 million market cap or $300 million in the following weeks/months.That's something that doesn't bother me. I always have my exit strategy.Btw. consider how much you would invest maximally into BNTY.I don't suggest more than $20k, but that's just me.You see, when the price hits $1 it will be easy enough to sell your tokens in one day because volume at that point will probably be around $2-3 million.If you consider buying then you should know that it's always better to enter at 10 cents instead of 20 cents. Because we it hits $1 you will gain 10x on your investment instead of 5x.It's pretty simple to understand that, right? But, I'm still surprised how small amount of people I talk with really gets this. Rarely someone has the exit strategy. Don't postpone buying when you make your decision and if the price is right (valid for any other project).Regarding entry points:Personally, I would buy this up to 33 cents. It would get me 3x or even 4x on my investment. That's something I'm perfectly fine with, and usually, it's my goal when I invest much more.Like usually, a lot will depend on hype and FOMO after price hits $1.In normal conditions, I will start selling at $1.05.But, if people will FOMO hard at that point I will stare at order books all day long and start selling slowly.If everything will be great I will sell all my tokens between $1.05 and $1.60.After that, I will be completely satisfied with my returns.get your emotions and regret in line.Don't cry because you could have sold your token for $10 if you already had 5x on, for an example $5.Plan your exit strategy carefully.