COTI’s forthcoming token generation event (TGE) will open up COTI’s native currency, C.O.T.I currency, to members of the public. To help spread the word about COTI’s TGE, we have joined forces withBounty0x, an automated bounty management platform, to launch a bounty program. As part of the program, COTI will pay up to $250k worth of tokens to registered users who help with marketing-related tasks.
COTI’s bounty tasks cover six categories, including: articles, Bitcoin signatures,Facebook,Twitter and Youtube posts, and referral codes that are viewable on Bounty0x. Seven percent of the bounty program tokens will be allocated to Bounty0x, which will develop, launch and manage the campaign. The remaining $232.5k will be distributed to the bounty participants (i.e. bounty hunters). Bounty participants will receive ‘stakes’ for their work. Once the bounty campaign is over, the total amount of stakes will be surveyed and converted into C.O.T.I tokens. As more submissions are received, fewer tokens will be awarded for each subsequent contribution.
Articles, 25 % or $58.13k worth of C.O.T.I token
Articles and press releases featured on authority sites are extremely effective for promoting token sales. Bounty participants are encouraged to author articles on Medium, Steemit, Reddit, personal blogs and leading sites, such as Cointelegraph, Coindesk, TechCrunch and Inc.Based on factors including shares, views, upvotes and the authority of the site, stakes will be awarded as follows:
Low impact: 100 article stakes
Moderate impact: 300 article stakes
High impact: 900 article stakes
Bitcointalk signatures, 25 % or $58.13k worth of C.O.T.I token
Bitcointalk is the most iconic forum in the cryptocurrency space, boasting over 1 million registered users and an average of 1.4 million daily page views. We will create a signature code for every user rank, and bounty hunters will be rewarded according to their rank.
Junior members: 25 signature stakes per week
Members: 50 signature stakes per week
Full members: 100 signature stakes per week
Senior members: 200 signature stakes per week
Hero/Legendary members: 400 signature stakes per week
Facebook, 20 % or $46.5k worth of C.O.T.I tokens
With over 2 billion active monthly users, Facebook is the world’s leading social network. Bounty hunters will receive 50 Facebook stakes every time they share and like one of COTI’s posts. To be eligible for the reward, bounty hunters need to have liked COTI’s Facebook Page.
Twitter, 15 % or $34.87k worth of C.O.T.I tokens
Contributors are rewarded for every Retweet they make and receive stakes according to the number of followers they have. To be eligible for the reward, bounty hunters need to follow our official Twitter account.
100–499 followers: 50 twitter_stakes per week
500–999 followers: 100 twitter_stakes per week
1000–2499 followers: 200 twitter_stakes per week
+2500 followers: 400 twitter_stakes per week
YouTube, 15 % or $34.87k worth of C.O.T.I tokens
Bounty hunters will be rewarded for creating videos about COTI. At the end of the campaign, we will check the number of video views and reward the participant accordingly.
50–500 views: 100 Youtube stakes
500–1000 views: 200 Youtube stakes
1000–2500 views: 400 Youtube stakes
+2500 views: 800 Youtube stakes
Speed round bounties
COTI’s speed round bounties take place fortnightly for a limited number of participants and a limited amount of time.
Rewards for each speed round bounty will be drawn from the applicable bounty pool. For example, rewards for the Facebook speed round bounty will be drawn from the Facebook bounty pool valued at $46.5K.
Join us on social media to stay updated on all our exciting speed round bounties each week!
*You can also stay in the loop on Bounty0x, by simple searching ‘COTI’ on the Bounty0x platform.
Referral code bounties
Bounty participants will receive a unique referral code that can be promoted across a range of platforms. Bounty participants will receive a 2.5 percent commission on all COTI token purchases they refer, while token purchasers will receive a 2.5 percent discount on the tokens they buy.
Why should you spread the word?
COTI — Currency of the Internet — is a global digital currency initiative that aims to eliminate payment friction for the benefit of buyers and sellers everywhere. As a payments network supported by a native digital currency, C.O.T.I combines the scalability, safeguards and usability of traditional payments systems with the transparency, low-cost and decentralized governance principles of pioneering digital currency networks. We encourage you to review ourOverview Document andTechnical Whitepaper for additional information.
Visit the Bounty page for more information :https://bitcointalk.org/index.php?topic=2273863.msg23054673#msg23054673