Using bounties to seek solutions to various problems has proved to be a working approach for many projects in the crypto industry. Bounty.Cash is a platform that matches businesses and entrepreneurs with developers who are ready to solve issues with apps and features and get rewarded with bitcoin cash.
Also read: Buy From Home Depot and Walmart With Bitcoin Cash Through Alagoria
Outsource a Problem, Pay With Bitcoin Cash
Bounty.Cash is a service that allows you to set bitcoin cash (BCH) bounties against bugs and vulnerabilities in open-source features and services. If your project needs to outsource the solution to a problem, you can place a bounty stating how much you are willing to pay for the completion of the task. At the same time, other users can also pledge additional amounts to the resolution of someone else’s bounty. Developers, on the other hand, will be paid directly in BCH when they fulfill the requirements.
Bounties are classified in several categories – Apps and Features (bounties for new applications or features in existing apps), Services and Libs (bounties for new services and libraries for developers), Bugs (bounties for bug fixes in apps and libraries), Vulnerabilities (bounties for finding weaknesses in applications or services), and Misc. The last category contains ‘other bounties,’ for example for tutorials, videos, and graphic design.
Each bounty is listed with its title, a short description, fulfillment conditions, the user who created it, the pledged amount in dollar equivalent and its status which indicates if it is still open or has been completed already. To place a bounty you need to register with Bounty.Cash, providing a valid email address, a password for your account, a nickname and a wallet address. This BCH address will be used for rewards in case you complete a bounty yourself.
The online platform operates on a goodwill basis and relies on the honesty of its users on both sides. For instance, those who place bounties are not obliged to pay them in any way. That means when a completion of a bounty is questionable, Bounty.Cash will not necessarily intervene. However, users can be banned from the website in certain situations and its administrators can block attempts to abuse the system.
What other crypto bounty platforms do you know? Tell us in the comments section below.
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