What is a cryptocurrency bounty?

A cryptocurrency bounty is a reward users receive for performing tasks assigned by a given blockchain or project. What Is a Bounty? Crypto bounties are an important rewards mechanism that blockchain projects utilize in order to secure the successful accomplishments of certain tasks required by the network.

What is BitcoinTalk signature bounty?

Bitcointalk Signature Bounty marketers are members of bitcointalk, a popular discussion forum for crypto enthusiasts. After the ICO, bounty programs can be used to incentivize developers to find bugs or give feedback on other design elements.

What is a bounty program after an ICO?

After an ICO, bounty programs may be used to get feedback on the project's code from external developers or to reward promoting the coin in media channels. Bounty programs operate in a legal gray area between marketing and pyramid-scheme-style fraud.

What are bounty rewards & how do they work?

Despite numerous controversial cases, bounty rewards programs remain a very widespread marketing tactic for promoting new tokens. Not only that, some blockchain projects incorporate bounty rewards even after the successful launch of the token. Post-ICO rewards schemes are focused on boosting the development of the project.