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Bounties are a specialized job format enabling businesses to leverage the crowd in order to complete online software development and marketing tasks. But the current ecosystem is fragmented; businesses and hunters alike need to search across bounty lists, tokens, and platforms to engage freelancers and users. This takes time away from businesses and freelancers getting the rewards they want and is creating an obstacle within the crypto-economy.
And with the growing concern over transparency and fraud, there’s a great need for a single, token agnostic platform to streamline the bounty hunting process and ensure payment for freelance hunters and sheriffs.
Bounty0x streamlines the bounty hunting gig economy by providing a global network for businesses, bounty hunters, and sheriffs to interact and earn cryptocurrency. It simplifies the bounty campaign process, allowing businesses to easily post bounties while also giving freelancers the opportunity to earn tokens directly through the site.
Bounties typically receive thousands of submissions, and a decentralized review system is a critical feature for hosts because without it, hosts would need to spend hours reviewing every submission. Bounty0x is the only platform with a decentralized and automated review system, which allows any user to join as a “sheriff”, stake BNTY tokens, and review bounty submissions made by other bounty hunters.
As a bonus, the new Business Growth Platform provides a way for businesses and influencers to directly engage users in contests, rewards programs, and giveaways. It is becoming the go-to marketplace for all players in the bounty network to interact.
Whether you are a hunter, host, or sheriff, you can use Bounty0x to find and post bounties, complete tasks, and earn or distribute cryptocurrency and rewards!
1. Bounty Host posts a campaign
2. Bounty Hunters complete bounties
3. Bounty Sheriffs approve or reject work
4. Cryptocurrency payment is distributed
In 2019, the network will grow to help businesses engage more directly with users for viral contests, competitions, giveaways and more. Similar to the Crypto Platform, the Business Growth Platform will allow companies to:
Post a campaign
Invite the community to participate or enter to win a contest/giveaway
Distribute rewards directly through the platform
When a host creates an account, all of the bounties and campaigns are saved on the user dashboard. Also - as a bonus, hosts can link their Bounty0x account with third party applications to easily complete bounties on other platforms and to track everything in one place.
Companies can use bounties to build and scale their businesses.
Since launch, Bounty0x has been steadily increasing its user base and the value of bounties and ICOs on the platform. It is projected to more than double its profit and growth in 2019.
Over 60k registered bounty hunters completing thousands of bounties each day. Over the past 8 months, Bounty0x has received over 800 bounty submissions per day on average.
Our users include bounty hosts, hunters, and sheriffs who are completing a variety of bounty campaigns around the world.
Some of the companies that use our platform include:
On Bounty0x, businesses can subscribe to a specific platform plan to post bounties.
Bounty hosts can purchase a monthly subscription:
Business for $120/month
Pro for $250/month
Enterprise for $500/month
Bounty0x doesn't charge hosts any additional platform fee. Instead Bounty0x charges bounty hunters a small fee (10%) on their earnings. Bounty hunters can reduce the platform fee by staking BNTY tokens.
Bounty hunters can select a monthly BNTY staking option (tier 1, 2 and 3), this allows hunters to reduce platform fees by staking BNTY tokens, dispute more submissions, and other added value benefits.
Bounty Sheriffs can unlock the ability to review submissions by staking BNTY tokens.
The business reward product we are going to launch will have a monthly subscription option as well.
We earn between $15-$35k per month in revenue from 3 main sources
$1-$5k per month in paid advertising
$5-20k in marketplace transaction fees
$10k-$15k monthly subscription fee for Pro Bounty Hosts
And while we have between $15-20K in monthly expenses, we have earned $1.74 million in token sale revenue to date.
Bounty0x is developing its second SAAS business subscription product, which provides a service to both cryptocurrency and regular businesses. This new business growth platform is planned to launch soon.
The business growth platform makes it easy for businesses and influencers to engage users with viral contests, competitions, giveaways and more. With Bounty0x rewards platform, companies and influencers can easily hold competitions, reward winners with discounts, trials memberships, free products and other prizes. We’re projecting a 300% growth in subscription revenue in three years from the business growth platform. Here’s how we’ll tier pricing:
First month free subscription plan
$50/month Business plan
$125/month Pro plan
$400/month Enterprise plan
Crypto is the next big thing. Its user growth is on pace with the early adoption stages of the internet.
With more users and projects, bounty hunting is looking to be the job of the future.
Today, 1 in 3 workers are freelancers and it’s predicted that nearly half of workers in the US will be freelancers by 2020.
This gig economy is especially growing within the crypto world, where bounty hunters can contribute their skills - from coding to simple tasks like tweets - and get paid in tokens.
The combination of massive user growth and the increasing demand for freelance labor to produce crypto projects leaves tremendous potential for the crypto gig economy to transform the labor market as we know it.
Bounty0x is different from the competition and a market leader in the Bounty marketplace segment. Unlike competitors in the online freelance bounty space, Bounty0x supports security token bounties, and supports rewarding bounty hunters with tokens from more than 5 different blockchains. Unlike competitors, Bounty0x supports third party integrations with applications like Twitter, Telegram, Facebook, with others being added. Bounty0x also supports KYC for regulatory compliant Bounty campaigns, premade bounty templates, and plans to build a mobile application.
Bounty0x is also developing a business growth product to complement the bounty platform. The rewards platform will set itself apart from competitors in the space, by supporting instant rewards, a central reward marketplace, and integrations with unique third party applications.
Bounty0x raised $1.2 million in an initial coin offering in December 2018. Advisors and investors include:
CEO at Conexess Trade Group and Operation Parter at Aurelius Private Equity
Managing Partner at Ventury Coin
Chief Investment Officer at Vicuna Fund
Chief Technology Officer at Bit-Go
Managing Partner at Bigbird.vc
CEO and Co-Founder at WeTrust
The Business Growth platform will be a new product enabling companies and social influencers to engage their community and grow their business by making it easy to hold reward programs, viral contests, giveaways, and competitions which reward users who participate. Companies will be able to post campaigns, invite the community to participate, embed campaigns on third party platforms and directly distribute rewards and prizes to winners and participants via the platform.
Our Republic campaign is a part of a round of funding that will provide a 3-year runway to build a marketing team and ramp up development to add significant features to the new business growth platform, and existing bounty web application. These features include pre-funded bounty, automated distributions, templates, Bounty Hunter pro subscription model, a new mobile application, platform redesign, an integrated reward exchange, additional BNTY token use cases, and support for additional blockchains.
Angelo Adam, CEO
Attorney. District0x Community Manager, WeTrust Freelancer. Crowdfunded ethereum. Member of the Digital Ledger Defense Coalition. Equities Trader at a Hedge Fund.
Pascal Thellmann, CMO
PR and Marketing in the crypto world. Contributor at CoinTelegraph. Copywriter. Previously co-founded a successful German e-commerce site.
Deniz Dalkilic, CTO
Software Engineer Thomson Reuters. Worked in Applied Innovation team on Blockchain/Ethereum projects. In particular concentrating on public Blockchains and DApp development via extensive use of Java and Smart Contracts.
Together we can make it easier for companies and influencers to grow their communities, engage their audiences and increase revenue.
The smallest investment amount that Bounty0x is accepting.
Jan 1, 07:59 AM (UTC)
Bounty0x needs to reach their minimum funding goal before
the deadline. If they don’t, all investments will be refunded.
The Crowd SAFE is an agreement for future equity in the startup,
meaning that it can convert to equity in the future.
The Crowd SAFE is an agreement for future equity in the startup, meaning that it can convert to equity in the future.
$25,000 – $1,070,000
Bounty0x needs to raise
before the deadline. The maximum amount Bounty0x is willing
to raise is $1.07M.
Investors should verify any issuer information they consider important before making an investment.
All securities-related activity is conducted by OpenDeal Portal LLC doing business as Republic, a funding portal which is registered with the US Securities and Exchange Commission (SEC) as a funding portal (Portal) and is a member of the Financial Industry Regulatory Authority (FINRA). Republic is owned by OpenDeal.
Investments in private companies are particularly risky and may result in total loss of invested capital. Past performance of a security or a company does not guarantee future results or returns. Only investors who understand the risks of early stage investment and who meet the Republic's investment criteria may invest.
Republic does not verify information provided by companies on this Portal and makes no assurance as to the completeness or accuracy of any such information. Additional information about companies fundraising on the Portal can be found by searching the EDGAR database.