ChainBounty – improving the blockchain funding model
Abstract. Token-funded bounties to incentivize competition-style participation in blockchain development projects would result in wider and better allocation of investment, and allow investors to diversify exposure across a field of potentially successful projects. Overall this would increase the rate of progress within development of the blockchain space. We propose a centralised platform for the administration of token-funded bounty driven development projects whereby experts allocate pools of invested capital according to the technical merits of development projects, and investors are…
ChainBounty – improving the blockchain funding model launched on July 3, 2017 with 11 votes, #849 of 2,972 launches that month and more than 75% of that year's launches.
In plain words
ChainBounty is a platform that administers token-funded bounties for blockchain development projects. Experts allocate investment pools based on technical merit, while developers compete to complete bounty tasks and investors gain token exposure across multiple projects. The platform aims to improve capital allocation in blockchain development and accelerate progress in the space by distributing funding across a wider range of initiatives.
written from the facts on this page · September 2026
From the sources
In the maker’s words, at launch
Abstract. Token-funded bounties to incentivize competition-style participation in blockchain development projects would result in wider and better allocation of investment, and allow investors to diversify exposure across a field of potentially successful projects. Overall this would increase the rate of progress…
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