Bountyhunters.io - an Innovative Blockchain Solution for Influencer Marketing

Hello Guys, welcome on my Blog! Today I will talk about a very exciting project. We will discuss how Bountyhunters.io is implementing blockchain technologies in a decentralized industry, and we will also talk in detail about the details of the ICO.

Blockchain is still increasing in popularity and another resource has emerged with the aim of bringing blockchain and influencer marketing together.

Bountyhunters.io is a blockchain based native advertising platform. Its goal is to assist startups and smaller companies to build their brands and presence, as well as help social media influencers increase their prowess and monetise their content efficiently.

About the platform Bountyhunters.io.

For many bounty hunters, this site is rather known as icoreward, but recently radical changes took place with it, and those who actively worked on it could feel it on themselves, first of all, the altered personal cabinet became unusually unusual. But the most important thing is that the platform team decided to conduct their own ICO! I must say that on the platform, for the time that I'm working on it, my company's bounties have performed worthy projects, such as Jury.Online and Acorn Collective. But these are not the only successful companies, they already had a decent enough number, there were certainly those projects that did not collect the necessary investments and suspended their ICO. In general, I can personally give a good evaluation of this platform, and I often use it in my work. And so about the ICO! Judging by the information posted on their site, the team has already been able to assemble the necessary Soft Cap, breaking the mark of $ 1.5 million at the stage of preliminary sales.

The supported standard ERC-20 token, name - HNTR, the price for the stages of preliminary and basic sales varies from 0.25 to 1 USD.

According to information from the white paper, the team conducts ICO to solve a number of existing problems and introduce new technological solutions. Using a multidimensional structure that uses several protocols and tools, the team will solve the problem of mutual settlements between customers and executors, if it is necessary to perform tasks in the shortest possible time, with the least transaction fees and high transaction speeds (the peak of the number of transactions will not exceed 50,000 per day) .

The key positioning points of the platform:

Specially designed to help companies make their product and brand known. It is already in the post-prototype stage, a functional beta-version that hosts over 12,000 active and pre-targeted influencers.
In-depth influencer marketing management features, that significantly simplify and reduce the costs of corresponding business processes (searching for influencers, targeting, processing pay-outs, etc.).
Integrated tokenized environment that helps reduce budget losses by using, precise influencer-ranking algorithms as well as integrated escrow mechanisms, ensuring timely pay-outs for social media activities.
Built-in analytical modules that gather real-time data for calculating conversion rates within the brand's sales funnel.
At the moment it's also an optimal solution for endorsing blockchain/crypto companies and attracting attention and capital for ICO startups, helping them grow customer base and generate leads and sales.

HOW THE PLATFORM WORKS

A campaign is created by the bounty host , an influencer receives notification in a private dashboard on the launch of the new campaign. In case of confirmation of participation in the campaign from the side of the influencer and from the side of the host, the platform automatically creates a smart contract and deposits the minimum amount of money (identified by the host in the campaign details) for an escrow fund. After performing each action (posting content, repost, etc.), the platform automatically monitors and tracks all these actions. After the campaign ends, the automatic calculation and allocation of funds between the influencers is performed.

The platform uses a 3-level approach (host < > influencer, as well as the system itself) with a focus on its own verification system - Proof of Result (PoR). This verification system calculates the efficiency of each performed action and builds correlations. It provides a system with a real opportunity to assess the work of an influencer and make the solution (automatically) about the possibility of payoffs and the volume of additional bonuses (in the case of increased performance) to each influencer. One of the vital advanatage is that the processes of calculating results and payouts is fully automated, and interactions between advertisers and influencers are backed by specially developed smart contracts.

Mission, vision, and objectives of the project

- Transform marketing processes into a more transparent (for all contractors) form thereby contributing to the development of the crypto economy.

- Increase the effectiveness of marketing strategies to make them the most predictable and measurable.

- Contribute to the growth of innovative startups and the development of an international, innovative fi eld.

- Tokenize and automate the industry of infl uencer marketing, which will solve the key problems of the industry:

- time-consuming action to attract infl uencers

- the diffi culty of accounting of performed actions/tasks of the infl uencers

- the complexity of evaluating the quality of tasks performed

- the complexity of performing transactions (in the case when more than 1,000 infl uencers participate in the campaign and the total volume of actions/tasks performed is more than 100 000).

TOKEN AND ICO DETAILS

The value of the token at the time of the crowdsale will be 1 HNTR = 0.5$.

ICO Period Start : 18th JULY

ICO Period End: 18th August

Token ticker symbol: HNTR

Type: ERC-20

Tokens for sale: 12,000,000

The Amazing Team