Bounty0x Company Update - We've Joined the Berkeley Blockchain Accelerator! - September 25, 2019
Bounty0x — Company Update
As part of our seventh company update since launching our Republic campaign, we are proud to announce the following news, and milestones.
Announcing Bounty0x is joining Berkeley Blockchain Accelerator Fall 2019 Cohort
We are proud to announce that Bounty0x is joining the Berkeley Blockchain accelerators Fall 2019 cohort. During the 12 week program we will be working closely with the leading blockchain businesses, working with Berkeley's network of mentors and students. During the final week of the program, we will be attending a demo day where we will pitch our product in front of the Berkeley communities.
Republic Campaign Updates
Bounty0x is expanding rapidly; we’ve recently reached our Republic.co minimum fundraising goal! Our development team has added new features to make the platform easier to use, and add extra functionality. I’d like to give a big Thank You to our community in general for this, we’ve enacted many of your suggestions to help get us where we are today!
Added Hunter Features and platform updates
Freelancers have the option to stake BNTY to reduce their platform fees. This is a simple and effective way for hunters to maximize their rewards, and can be reduced to as little as 5% by staking as an Intergalactic Hunter.
By staking BNTY, hunters also raise their monthly appeal limits. Appealing submissions is done on platform, and is easy to do. We have put appeal limits in place in part to reduce the number of Hunters disputing every submission. If our Admins accept the dispute, it does not count against the Hunters monthly dispute total and can be used again.
If a Hunter feels their submission was incorrectly reviewed, they may dispute their submission on platform within their Hunter Dashboard. A Bounty0x Admin sheriff will then review; and either reject it, or accept it and burn the original sheriffs BNTY stake.
Added Host Features
The vast majority of hosts are now pre-funded, and this will be mandatory for all future hosts. This is in a concerted effort to increase the quality of our Hosts, and protect Hunters from failed projects not willing to reward. Self-Distributing Hosts are being phased out as well. In the case we were to allow a Host do this, we will require a Stablecoin stake from the Host as well as enhanced vetting procedures/KYC.
Bounty0x currently supports distribution of chains/stablecoins: Ethereum (ETH), LightStreams (PHT), Eos(EOS), Neo (NEO), Stellar (XLM), Tezos (XTZ), Tron (TRX), VeChain (VET), Waves (WAVES), Tether (USDT), USDCoin (USDC), MakerDao (DAI), and TrueUSD (TUSD). Our Development Team is continually adding more chains to support, and we’re a big leap from where we started with just ERC-20 token rewards!
As many projects have different KYC requirements, we’ve integrated with two different KYC providers; Bloom and KABN. Bloom KYC is quick and simple, but for projects that require more stringent checks we additionally have two higher levels of verification available through KABN.
If a bounty requires KABN verification, it will be marked as such in the “Admin Notes”
In an effort to protect our hunter base, we are requiring that all bounties be completely pre-funded. We have made this easy for our Hosts to do:
Deposited tokens remain at that address up until actual distribution to Hunters. Once the Host has deposited their tokens, our Admins will verify the transaction and mark the bounty as deposited/pre-funded.
Bounty0x offers 27 individual bounty categories for our Hosts to choose from, and we’re continually adding more! One of my favorite categories for our Premium Hosts is “Other”, we can do a bounty for literally anything as long as we can devise a way to properly sheriff it (we usually can!)
Want to trial Hosting a Campaign for Free?!
Bounty0x is offering a 2 week free trial period as a Premium Host, for any project that would like to take advantage of this! The only requirement in this being that the rewarding token is already listed/trading or Stablecoin, and as with all campaigns pre-funded.
We've posted new bounties on the platform this month for innovative projects such as Kittie Fight. KittieFight is mortal kombat for cryptokitties, and their four bounties are live here!
All of the new Features and platform Functionalities have been added to increase the Bounty0x platform’s value to our Hosts, as well as protect our Hunter base of 65k users.
Website — https://bounty0x.io/
Platform — https://beta.bounty0x.io/explore
Blog — https://blog.bounty0x.io/
Telegram — https://t.me/bounty0x