Coin Review - Bounty0x

TLDR
**Allows users to earn cryptocurrency through bounty participation
**Makes it easy for users to be sure they are paid for bounty activities
**Automatically distributes payments for bounty hosts
**Handles quality control and community management of submissions
**Allows users to additionally earn by doing quality control on submissions

www.bounty0x.io

Ticker – BNTY

Available at www.ethershift.co - IDEX- KU

What is Bounty0x?

Bounty0x (BNTY) is a bounty hunter platform that allows cryptocurrency enthusiasts to earn tokens by completing bounties. Users can earn bounties by performing tasks such as retweeting messages, sharing posts on Facebook, writing articles about a project or connecting with the ICO’s team on Telegram. After completion of these tasks they will be paid out from rewards offered by the ICO in question via their native token. As for the bounty token itself, it has several uses within the platform’s ecosystem. Bounty hunters can stake this tokens to participate in super bounties. These are higher level bounties that have much more rigorous standards and higher pay. The system works to reject low quality contribution by burning some of the stake if the submission is lacking, thus disincentivizing poor quality submissions.

Sheriffs are members of the platform who review bounty hunter’s work. They are paid for this task as well, and they must also stake their tokens to participate. These users are the quality control team, and they are paid for passing along quality submissions. If they pass on something inappropriate, their stake will be burned as well.

Finally, the hosts of these bounties can also use the platform’s token to purchase special features for their campaigns. This includes things like community management options, and using a decentralized payment system to pay their bounty participants.

Why create this platform?

Crypto enthusiasts are already contributing to bounties everyday, however the system is very disorganized. It’s often difficult to find which bounties you’d like to participate in, and it’s even harder to make sure that you actually get paid the shares you are owed for your work. A platform like Bounty0x brings all of the opportunities available to one place, and it provides you an easy way to receive your tokens. Likewise, it makes it far easier for bounty hosts as well. They now have a platform with a user base to complete these tasks and market their tokens, and they can easily pay them without having to do it manually. By utilizing the Sheriffs for quality control, their team can save a huge amount of time, which they can then focus on marketing their product.

The Bounty0x platform offers a lot of useful functionality to the bounty niche, and is an extremely useful tool for both bounty providers and the bounty hunters themselves. While the marketing for this project could be improved, they have a solid product that will be very useful once their platform finally catches on. The potential user base for this platform is huge, and once they plug in to the right market they should do very well for themselves. In the meantime, crypto enthusiasts who make a bounty0x investment can stake their coins to earn money from the platform. Im a big BNTY fan, what do you think about it?