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It's a project that someone offers to the public. Whoever completes the project according to spec first is entitled to the reward mentioned in the bounty post.

It is an awesome idea @ned. I am sure there are lots of steemit family that is waiting for such opportunity. I personally think if you get this done in a group might create more excitement and the winnings will get distributed evenly than the rich becoming more richer and the small fishes hopes will stay alive to keep swimming.

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