Time flies fast! It’s now been around 2 weeks since we started our fundraiser so we decided that this is a great moment to do our first company update.
Our updates will always be divided into 3 main sections:
Media about Bounty0x and other major announcements
Without further ado, let’s dive right into it!
🏗 Product updates
Improved KYC system
To stay compliant with US regulations, we implemented an improved KYC system with our partner KABN. Bounty Hunters can now seamlessly complete identity verification to participate in bounties that require participants to do so.
Improved Ethereum integration and better smart contract event handling
Improved blockchain micro-service with better recovery handling in case of missed Smart Contract / Blockchain events that rise from reward distributions or BNTY staking activities. SQS queue implemented to handle and serve the main API to update BNTY staking Bounty Sheriff dashboard or payout of rewards on the Bounty Hunters side.
Improved tracking for Twitter bounties
Full end to end API integration with Twitter APIs to allow tweets to be tracked and updated in our records every day and once a days to ensure all users work is recorded and fairly compensated at the end of a given campaign.
Improved and updated API inner working for a faster experience
Optimized endpoints to allow vertical scaling with growing user base and number of requests coming in per second. Overall up to 35% faster API on all endpoints to improved web-app experience and better browsing for our users.
💰 New clients
Here’s a quick outline of some of the latest premium clients that joined our platform:
💬 Media and other announcements
Angelo Adam, our CEO, recently joined an interview on WGN Radio. You can check it out here at minute 11:10.
We are happy to share that we recently completed a large bounty reward distribution. 78,000 QNT Tokens were distributed in total to over 1,400 Bounty Hunters. At the time of distribution, the tokens had a total value of approximately $150,000.
Bounty0x was mentioned in this excellent write up by Seth Benton about the Cryptocurrency Gig economy.
Thank you for your amazing support and questions so far.
Don’t miss our next update exactly 2 weeks from now!