About

Bounty0x is a decentralized marketplace for listing and completing various paid tasks called bounties.

History

Bounty0x is developing a platform for creating and participating in bounty programs. Historically bounties have been used by organizations as an incentive for members of the public to complete a specific task or challenge, such as marketing campaigns, software debugging, innovations, or research. Individuals participate in bounty programs in return for a reward paid by the issuing organization once a task is complete.

Initially, Bounty0x will focus on the market for token project bounties, where token projects pay individuals to provide marketing and community outreach by posting about a project on social media or completing video marketing for the token. Over time the team believes the platform will grow to include more advanced tasks like bug bounty programs designed to reward developers for finding issues in an organization’s codebase.

By creating an automated and decentralized market for bounties, the team hopes to make it easier to verify and pay for the completion of tasks while reducing instances of fraud by individuals that do not adequately complete a bounty. Bounty0x is being built based on the marketplace framework of District0x, with plans to integrate with the system in the future. Developers will be able to create new modules for different bounty purposes through Bounty0x with approval to add new features decided on using the District0x governance system.