Bountysource Introduces Crypto Bounties

Crypto Bounties

Bountysource, effective immediately will have the ability for all of the world’s crypto projects to post their own bounties backed by their own ERC-20 tokens (or cryptocurrency of their choosing).

This is a huge opportunity for Bountysource and the CanYa ecosystem. The demand for good blockchain developers far exceeds the supply, also, the nature of the development work often means it is done in shorter timeframes than what would be needed from a full-time employee. By allowing crypto projects the ability to outsource some of their development work and giving blockchain developers the chance to work in short stints on a number of projects – the platform will offer developers and projects alike the utility of being dextrous and nimble with their time.

Shortly, we will add the ability for projects to natively host smart contract auditing on the Bountysource platform too. This will ensure that projects can confidently publish their smart contracts in the knowledge it has been externally and objectively audited by experts in the field. Combining these two features means Bountysource will become the go-to platform for blockchain and decentralised technology development.

homepage-step0

ETH, CAN & All Other ERC20 Tokens Now Accepted on Bountysource

Allowing crypto payment is important for many macroeconomic reasons that obviously align with the CanYa project’s core beliefs and objectives.  However beyond expediting the adoption of cryptocurrencies, allowing ERC20 tokens in addition to ETH as a payment method removes genuine barriers to entry for many people that include censorship, and restrictions of trade.

Two important things to note with regards to listing crypto bounties;

1.  Currently, bounties are either crypto OR fiat based and not a mixture of the two.  Fluid bounties that accept any payment are a planned upgrade in the coming months.

2.  Anonymous funding of existing bounties is available, however anonymous backers will not be entitled to approve/reject bounty claims. It’s also recommended to have more than one backer on a bounty as this reduces the risk of improper disbursement of funds.

unnamed.png

Bountysource & CanYa

Bountysource, owned by CanYa, is the world’s first and most popular open-source bug bounty platform.  In recent months we have been working hard to make adjustments to reinvigorate the community, code, and UX features without moving away from the core functionality of the platform.

Bountysource directly aligns with CanYa’s long term goals of being a peer-to-peer marketplace of services for digital nomads to work in their own time, on their own terms.

Artboard 97_blank

Restriction of Trade & PayPal Issues

Many countries are considered “prohibited” by PayPal and therefore can’t send or receive monies using the platform.  This is more than problematic for not just freelancers but anyone who is looking to access the digital economy in any of the following countries.

  • Belarus
  • Burma (Myanmar)
  • Cote d’Ivoire
  • Democratic Republic of the Congo
  • Iran
  • Iraq
  • Liberia (Former Regime of Charles Taylor)
  • Persons Undermining the Sovereignty of Lebanon or Its Democratic Processes and Institutions
  • North Korea
  • Sierra Leone
  • Sudan
  • Syria
  • Western Balkans
  • Zimbabwe

The CanYa ecosystem is particularly aware of how important the gig economy will be to empowering developing nations.  We are also aware that many people will earn and not buy their first crypto.  Crypto bounties will help remove another barrier to entry of not only crypto payments, but payment in general to many people around the world.

This ability to trade without the limitations of borders, is one of the key principles and benefits of crypto as a payment method, and something CanYa and Bountysource are very proud to be facilitating.

Bountysource Development Strategy & Takeaways

In the true spirit of agile software development, we are releasing the minimum viable product to the market. This build/measure/learn approach allows us to incorporate feedback from the community quickly into future releases, progressively refining and improving the crypto payment functionality.

CAN tokens will become an integral part of the Bountysource ecosystem. Bounties posted in CAN will incur the lowest fees, be featured on the front page and be eligible for free tweets with details of the bounty! CAN tokens will also be required for pinned bounties and other premium services.  This is a significant development, which we are very excited about but expect many more updates to come with regards to Bountysource.

For all the latest news and updates follow us here:

CanYaCoin is the cryptocurrency ERC20 token that powers the CanYa Platform, the world's best blockchain powered P2P marketplace for services

 

Advertisements

CanYa acquires majority stake in Bountysource; adds over 46,000 users

CanYa has acquired the majority stake in the online P2P software platform Bountysource and its 46,000 users

CanYa has again raised the bar for ICOs following a major acquisition of Bountysource and its passionate 46,000 open-source developer community. In a world where most ICOs (and traded cryptocurrencies) have no product or user-base, this move is unprecedented.

Bountysource directly aligns with CanYa’s long term goals of being a peer-to-peer marketplace of services for digital nomads to work in their own time, on their own terms.

Screen Shot 2017-12-20 at 4.01.40 pm
The existing Bountysource platform

“The CanYa team are aggressively accelerating blockchain technology adoption in a meaningful way, and we see the acquisition of Bountysource as pivotal in growing fast and introducing more communities to cryptocurrencies.”

John-Paul Thorbjornsen, CEO, CanYa

Bountysource

Bountysource is the world’s first and largest peer-to-peer platform for open-source software developers to post and complete open-source bounties. Bountysource has a passionate community and throughout its 13 year old history has had a number of high profile teams including IBM, Facebook, Adobe, Ripple and Uber.

Jihan Wu and Andreas Brekken, two widely known public figures in the crypto currency community, have also engaged with the platform. The Bountysource community has been growing completely organically by over 1000 new members every six weeks, which is reflective of the high growth of the open-source movement.

CanYa and CanYaCoin powering the platform that lets your work remotely like a digital nomad

CanYa & Bountysource

The main focus will be working with the existing community to optimise the platform based on their feedback. The CanYa team are excited to see what the growth potential can be with a dedicated full time development and marketing team behind the project. 

“This is the perfect timing to double-down on open-source software. With blockchain protocols soon to power the world, there is now a huge expectation that software be open and to be contributed to by a wide variety of users. Bountysource will be the portal and a major repository of open-source software.”

John-Paul Thorbjornsen, CEO, CanYa

Bountysource-mockup
A mock up of what Bountysource could look like with a UI/UX refresh

Some of the initial plans for Bountysource will include the integration of numerous cryptocurrency payment options including the CanYaCoin, while also refreshing the user experience, reducing fees and adding a portal for ICOs and blockchain based platforms to add bounties for smart contracts. Smart contract auditing is an ever growing space with huge growth potential. It will also create familiarity with everyone in the crypto community and the Bountysource / CanYa brand names.

As the CanYa CTO, Juan Suarez explains:

“Smart contracts need more scrutiny than other types of code – as we’ve seen in 2017 already, exploits and vulnerabilities can be hiding in plain sight. Bountysource will be the best place for blockchain teams to get their smart contracts scrutinised before being pushed live.”

CanYa acquires Bountysource P2P bounty platform and 46000 users

True Global Ventures – Existing Shareholders

True Global Ventures is an early seed investor in Bountysource and will stay on as a shareholder. Additional parties may be involved in the near future to further support the roadmap and vision of CanYa.

Dusan Stojanovic, the Director and Founder of True Global Ventures adds his vision:

“I am delighted by having CanYa and its great team as a new partner in Bountysource. As more and more open source projects reach the market, bounties have become an important source of income to digital nomads all over the world. TGV firmly believes in the power and knowledge of the open-source community, specifically for bounties in blockchain and ICO projects. The timing is perfect and CanYa will be an excellent partner to take Bountysource to the next level of acceptance and growth”

CanYaCoin ICO

The CanYa ICO will be the first step in positioning CanYa to becoming the first ever Decentralised Autonomous Organisation for peer-to-peer services globally. By integrating a number of emerging decentralised technologies, CanYa will have no geographic or financial boundaries while offering a 20x disruption in price when compared to traditional incumbents.

Ultimately, CanYa will be powered completely by its users and their resources.

CanYa_Coin_Featured_image

For all the latest news and updates on CanYa:

CanYa's subreddit about CanYaCoin CAN