Bounty0x is a distributed architecture bounty management platform that provides an opinion review system based on staking and burning token reward concepts.
In the bounty0x online community, there are three types of roles, bounty host, bounty hunter, and bounty sheriff. "Bounty host" can post rewards
Distribute payments and accept submissions from bounty hunters. The "Bounty Hunter" can submit opinions and receive bounty. The "Bounty Sheriff" performs verification verification through a bnty token. The btny token is used to ensure that all participants in the reward event are honest and authorized.
For example, a company that publishes any bounty that can be found in the code that might open backdoors for hackers to break into, if a bounty hunter (technician) finds a coding hole and submits the vulnerability, bounty0x.io " "Bounty Sheriff" will judge whether it meets the required standards. If it does, the bonus is issued directly from the contract to the bounty hunter.
In a network without bounty0x, rewarding activities with programming code loopholes are a time-consuming and ineffective process for startup companies.
The bounty0x not only simplifies the holding and management process of the bounty event, but also allows the technicians and the verification person to receive rewards from the winners, and therefore attracts more people to participate.