Bountie is the gaming based blockchain network providing organization. This enables the players to earn living and playing together. The gamers can participate in weekly tournaments and while they complete their daily achievements, then wins the Bountie Coins which are backed by the Ethereums ERC20 Token Standard.

The coins also can be cashed out saving in e-wallets or by using the purchase of gaming peripherals. This eliminates the free-to-play element of the platform where gamers can participate in the tournaments without making any upfront costs or any buy-ins for winning the Bountie Coins.

Operational Risks

There are some essentials for the company that lets some other young companies understand the growth of the team with the capabilities of taking longer to expect all the results in the intention of the usefulness for the tokens. The wider number of adoption in tokens and platform takes longer to expect in the tokens. The products are highly competitive in the market and the usefulness of the tokens also depends on the extension of the widespread adoption of the offered technology into the marketplace.

Lack of Adoption

The success of the platform and the tokens depends on the larger number of adoption into the platform, service and underlying technology. It is also backed by the users of the platform. It might not be possible that the users do not adopt the platform usage may have some negative impact on the development of the platform. The potential utility of the tokens also includes the utility of the tokens obtaining all the services.

Technological Risks

The company and its token services operate with the space of independent technology which is emerging into this advanced era. The capabilities are not yet been defines thoroughly. As long as the technology matures, the capabilities also alter dramatically based on the usefulness of the tokens or the ability to use it selling.

The token functional process is quite complex and it requires enhancement to the product support over time. The functionality might take longer than expected and the functionality of the tokens might not be completed without any assurance provided through the completion.

Reward Scheme

The Bountie platform seeks disruption by the current top-heavy reward schemes helmed by a team of passionate gamers. The gaming industry fills with the monetization gap into the market. The platform does this by incentivizing the seeding competitive matches to the tournaments and paying out the gamers through their cryptocurrency and Bountie coins.

In support of the garnered phenomenal gaming community, Bountie has already earned more than 50,000 sign-ups to the platform which has already been partnered with the biggest names of gaming like DXRacer, MSI Global and the Singapore Cybersports and Online Gaming Association or known as SCOGA.

Supporting Game Makers

Bountie supports the game makers. A number of games die off because of their hyped launch. It is the reason for the gamers to complete their games or finding no other way to keep playing. It has launched games like Dota 2 and Counterstrike as these have competitive elements for many years and the tournaments have bigger prizes of pools to attract the gamers training harder and playing more.

It results in the longevity of the gamers complying with the opening channel for the tournaments. Even the organizers host some of these tournaments using Bountie platform for every game that could have died off for some reasons that the gamers are still continuing with playing these by honing.

The platform of Bountie facilitates the implementation of smart contracts with the verification of transactions eliminating fraudulent transactional activities.

Website : http://bountie.io/
Whitepaper : http://bountie.io/docs/whitepaper.pdf
Twiiter : https://twitter.com/BountieGaming
Facebook : https://www.facebook.com/BountieGaming/
Telegram : https://t.me/bountietoken