Introduction
Let's go to continue this blog with other project. First of all, for who missed previous entry, what's a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
Today, the project I am going to present you is Bountie, a platform for players in Asia to earn a living while playing their favorite games.
Presentation
Definition
As I said before, Bountie (BOUNT) (https://bountie.io/) is a decentralized application, which organizes sports tournaments, and has multiple high-tech features. Moreover, it not only represents a gaming platform. In addition, it creates an economy for the players, who circulates chips through an ecosystem that would also benefit the referees of the games, content creators, merchants, etc.
Goals
The main objective of Bountie is to create an ecosystem of games that revolves around players, partners and Bountie itself. Basically, it aims to be the meeting point between the professional athlete and the occasional player, so that everyone has the possibility of making a living playing the games they like the most.
Benefits
- Bountie decentralization allows a reduction of transaction fees
- The use of smart contracts improves the player registration share, the division of the classification pool and the reference programs.
- The use of Bountie tokens eliminates the problem of cross-border cryptographic transactions.
- The Bountie platform also spreads a chip economy that allows players anywhere in the world to buy, sell, win and spend Bountie chips on other items not related to tournaments
Roadmap
Airdrop
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://bountie.io/tokensale/assets/doc/whitepaper-en.pdf). You can also stay tuned in their official Telegram group (http://t.me/bountietoken) or through their ANN thread here(https://bitcointalk.org/index.php?topic=2436226.0). I hope you liked the post and soon I'll send you new ones.
Extra details
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Eth address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
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