For the past few months we have introduced you to our products, explained what they are and how to use them. We’ve put these articles in an educational format. Beginning today, our developers will inform you about their progress and any updates or new features in their products.

We’ll start with BANKEX Bounty Service.

First update of BANKEX Bounty Service

Functionality realized:

1. Registration of participants with various roles: hunter and organizer;

2. Direction of Bounty with programs: you can create from the ground up or copy and edit your own or somebody else’s already existing programs, which significantly reduces time spent on development;
   

3. Opening of action pricing;
   

4. Directions for entered claims that you are rejecting or accepting;
   

5. Auto-validation of participants’ claims, for example, on the responsibility to the rule of differences between 500+ signatories;

6. Automatic tokens distribution when the “Pay All” button is pressed without the participation of developers to form a final list of parties to the agreement;
   

7. Reward system on basic stakes.

At the present moment the functionality of BANKEX Bounty Service completely covers the demands and needs of BANKEX.

Our plans up to the end of May:

1. Complete UI services
2. Formation of signed political agreements that will be much more financially effective for paying for the work of state bounty managers
3. Testing of the first group of outside Bounty organizers and final process roll-out

Results

Bounty Trust Service

Bounty on BKX Scan

Conclusion

• Likely the minimal amount of reward for the whole action: 10 BKX, over the course of a week is 2.25$, surveys can cost on average 4–5$
• For shares the reward is only given to those who have more than 500 subscribers, not that many of those users.

Register https://bounty.bankex.com/, so you can be the first to receive an invitation to the testing service on 1 June!

Any suggestions or questions?

Write to Grigory Yakushev, BANKEX Community Head & Bounty Service lead
telegram: @yaakushev
[email protected]