Bounty0x is a distributed bounty management platform that provides an opinion review system based on the concept of staking and burning token rewards. In the Bounty0x network community, there are three roles, bounty host, bounty hunter, and bounty sheriff. "Bounty hosts" can post bounties, distribute payouts, and accept submissions from bounty hunters. "Bounty Hunters" can submit comments and receive bounties, and "Bounty Sheriffs" perform verification audits through BNTY tokens. BNTY tokens are used to ensure that all participants in the bounty campaign are honest and have legitimate authority.

Application scenario

Bounty Master
Anyone can post bounties and set bounties for each one. In order to manage a bounty campaign in the past, the bounty owner needs to verify that the bounty hunter meets the requirements, assign tasks to each user, review the task completion, determine the payment address, finally pay the money, and correct potential errors throughout the campaign.
With Bounty0x, companies, entities or governments can set up campaigns, post new bounty listings, list requirements, details and bounties simply by registering. Users search, accept, and complete tasks. Bounty Sheriff for review.
Bounty owners can choose to publish and hold various bounty tasks. The bounty review mechanism may vary depending on the type of bounty task. For example, some bounties can be reviewed through an automated process, some bounties can be manually reviewed by a bounty host, and some bounties can be reviewed by a bounty sheriff.
Bounty Hunters
Bounty Hunters can directly participate in any bounty they like. Bounty hunters can search, accept tasks, and submit jobs through the platform. Bounty hunters will find the bounty in their profile and will need to manually transfer tokens from Bounty0x to a compatible wallet.
Bounty0x has a built-in reputation system and startups can use our platform to find out potential candidates. Every time a bounty hunter receives his tokens, Bounty0x converts those tokens into ETH amounts and ranks them based on these amounts. Bounty hunters build and maintain their reputation by delivering quality work for future bounties. The network will also provide hunter leaderboards based on the bounty category.
Bounty Sheriff
Bounty0x will provide an option to support bounty hosts to verify that the bounty campaign has been successfully completed before paying. This review role will be filled by third-party reviewers known as "Bounty Sheriffs." Anyone can buy BNTY tokens on the open market to get a bounty sheriff badge, and sheriffs have the right to audit whether the bounty task was completed correctly.
The sheriffs are bound to BNTY, and the verification task is completed correctly before the user can get paid. To prevent bounty tasks from being incorrectly reviewed by reviewers, there will be a process where the same bounty is reviewed by multiple reviewers. Simple majority principle to judge the final result. If a bounty sheriff performs an improper audit, a portion of the bonded BNTY tokens will be destroyed.

Bounty type

Bounty0x aspires to be a one-stop platform to help bounty owners launch their bounty campaigns. In order to do this, we will support popular bounties. There will also be a feedback form enabling users to submit suggestions for new bounties.
On the Bounty0x network, bounties are sorted in three categories: Simple Bounties, Sheriff Bounties and Mega Bounties. This classification system allows Bounty0x to scale to any bounty task imaginable.
1. Simple bounty
Bounties falling into this category will be checked automatically by the Bounty0x algorithm and API, no human being involved in the review process, this method is suitable for tasks that are of a quantitative nature.
2. Sheriff Bounties
Bounties falling into this category will be reviewed on our platform by bounty sheriffs who receive rewards for performing the review correctly. This approach is suitable for tasks of a qualitative nature, and non-startup team members can also pass the review.
3. Super bounty
Super bounty is a project owner or manager who reviews the completion of tasks. This method is suitable for advanced technical or goal-oriented tasks.

Project function

1. Bounty hunters use BNTY
- How to use: Bounty hunters need to bind BNTY to participate in the "Super Bounty" event, if a super bounty task is submitted Rejection, such as a bug report, and the bounty hunter will lose a portion of the bonded tokens.
- Why: "Super bounties" are checked manually by members of the start-up team. Therefore, it is very important to ensure the quality of all submitted tasks to avoid wasting personal time.
2. Bounty sheriff uses BNTY
- How to use: The bounty sheriff needs to bind BNTY to participate in the bounty task review. If the performance is incorrect, part of the bound tokens will be lost . Earn additional BNTY and bounty tokens from the startup if performed correctly.
Why: As a quality control mechanism. Bounty Sheriffs are financially incentivized to perform proper auditing.
3. The bounty owner uses BNTY
- How to use: The bounty owner needs to bind BNTY to issue a new bounty task. If the task is rejected because it violates the Bounty0x principle, some Certain tokens will be destroyed.
- Why: Bounty owners are incentivized to only post quality bounties.
Bounty0x will execute the token repurchase plan on a quarterly basis according to the profitability, the main purpose is to stabilize the BNTY price of the binding mechanism.

Centralized project management

Bounty0x will eventually operate as a decentralized DAO. After the implementation of the District0x community creation platform and the d0xInfra protocol, the Bounty0x platform will migrate to the communities on the District0x platform. Bounty0x community-bonded DNT enables users to distribute profits on a quarterly basis and participate in community platform management through the Aragon entity.
The bounty0x community will be the main governance place for the Bounty0x platform. We believe bounty hunters should be able to assist Bounty0x governance as changes made to the platform have a direct impact on them. Bounty0x community workers will be able to utilize Aragon entities to participate in network management. Migrating the platform to the community is a key milestone in our roadmap.

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