Know What Is Crypto Bounty Hunting
Along with the rapid growth of crypto popularity, there are many benefits that we can get if we use opportunities. But the price of crypto currencies is increasingly high on the market, sometimes making our capital not enough to buy it. Fortunately, there are methods to get free crypto money without spending money. This method is called crypto hunting bounty.
What Is Crypto Bounty Hunting?
Bounty is a term derived from the Online Game platform, meaning offering prizes for participants participating in the development of their Games. Meanwhile, Hunter means hunter. Literally, bounty hunter means a gift hunter. In the Wild Wild West genre, bounty hunters are known specifically as fugitive hunters who expect big prizes in return.
If translated into activities in the crypto market, companies that introduce products or services will reward a bounty hunter after performing their duties. In addition to promotional activities, there are also bounty hunting tasks that have multiple benefits. Just like the original bounty hunting activities that usually look for dangerous criminals and receive a reward, crypto hunting bounties can also assign bounty hunters to catch bugs with crypto token gifts as incentives. This method is widely used because it is not only useful as a s ...
So, who can actually participate in crypto hunting bounty? Anyone from any place or profession can become a bounty hunter, provided they can carry out certain tasks. Crypto space has proven to be a very conducive environment for Bounty programs, because of the availability of large rewards and incentives, both for crypto startups and individuals.
How To Find The Crypto Hunting Bounty Program?
One of the most common websites to find crypto hunting bounty programs is BitcoinTalk. Users can search for various gift projects through this site. Telegram, Discord and Slack are also quite popular among gift hunters. In addition, information about crypto hunting bounty programs is also available in social media applications such as Facebook and Twitter, as well as discussion forums such as Reddit.
Crypto hunter bounties usually have the ability in the world of Blockchain technology to be able to complete the given task. But for beginners who want to try to get coins, don't worry. The level of difficulty of this task is various, so that the bounty hunter can choose the task that suits their abilities. The following types of tasks can be selected:
Pre-ICO Bounty Campaign Type
BitcoinTalk Promotion
One program that is quite easy and attractive to many crypto bounty hunters is with promotions in BitcoinTalk. Bounty hunters will upload crypto currency ads on their BitcoinTalk account, and provide information about them. The higher the reputation and response obtained in the upload, the more accepted tokens.
Blogging
Users who have high-traffic blogs often use blogs to market crypto money. If you get a pretty good response and attract many visitors, these crypto bounty hunters can request compensation in the form of tokens.
Youtube
Another way to participate in crypto hunting bounty programs is to promote crypto on Youtube. Today, many Youtube users are becoming crypto hunters and receive free tokens by sponsoring various crypto in their videos.
Social media
If you have a Facebook or Twitter page with ...
Type of Post-ICO Bounty Campaign
If the ICO has been completed and funds have been collected, there is still a way to become a crypto bounty hunter. In accordance with the idea of Blockchain technology that is open to everyone, the development and improvement of crypto projects still depend on community advice. The post-ICO gift program aims to increase feedback from the community. Some types of general post-ICO prize programs are as follows:
Translation Campaign
Translation of all documents related to crypto projects and moderating various forum groups is a golden opportunity for native speakers of Japanese, French, Spanish, Dutch, German, etc. Crypto hunter bounties who have expertise in the field of language, can help translate crypto websites and Whitepapers.
Bug Reporting
Aside from being an effective gift campaign activity, bug reporting also helps developers. Bug reports that are both clear and concise make it easier for developers to identify ...
How to Receive Coins from Crypto Hunting Bounty?
Each crypto has a certain percentage of their tokens provided for the prize program. This token is allocated for each of the bounty hunting campaigns mentioned above. But how to share the rewards? There are two methods, namely:
Conventional Proposition
The prize value has been set from the beginning. So, when all tasks have been achieved, the bounty hunting campaign will stop.
Prizes Based on Betting Value
In this method, the bounty hunter sets a number of rewards, depending on the category and the task burden. Rewards in this method are divided proportionally according to the number of bets held.
It is important to note that there are no clear rules related to activities for the Pre-ICO and Post-ICO campaigns. The ICO may decide to use one of the activities mentioned above in the Pre or Post ICO prize program. It is common to start crypto startups by setting aside a percentage of the total coin supply for the bounty hunting program. Information about the amount of prizes can usually be found on the website or the developer Whitepaper, as well as the Bitcointalk ANN forum.
However, bounty hunting is a unique way to get free tokens and one of the most interesting ideas in crypto scope. Besides being a crypto hunter bounty, there are also exciting ways to get crypto tokens. One of them is by mining crypto coins with ordinary computers.
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